Income Tax Law and Practice-II Bangalore University B.Com 6th Semester NEP Notes
Unit 1 Profits and Gains from Business or Profession [Book] | |
Meaning and Definition Business, Profession | VIEW |
Vocation | VIEW |
Expenses Expressly Allowed | VIEW |
Allowable Losses | VIEW |
Expenses Expressly Disallowed | VIEW |
Expenses Allowed on Payment Basis | VIEW |
Problems on Business relating to Sole Trader | VIEW |
Problems on Profession relating to Chartered Accountant, Advocate and Medical Practitioner | VIEW |
Unit 2 Capital Gains [Book] | |
Basis of Charge | VIEW |
Capital Assets, Transfer of Capital Assets | VIEW |
Computation of Capital Gains | VIEW |
Exemptions on Capital Gains U/S 54, 54B, 54D, 54EC, 54F | VIEW |
Problems on Capital Gains | VIEW |
Unit 3 Income from Other Sources [Book] | |
Incomes | VIEW |
Heads of Income: Income from Salaries | VIEW |
Income from House & Property | VIEW |
Profits and Gains of a Business or Profession | VIEW |
Income from Capital Gains | VIEW |
Taxable under the head Other Sources | VIEW |
Securities, Kinds of Securities | VIEW |
Rules for Grossing Up | VIEW |
Ex-Interest Securities, Cum-Interest Securities, Bond Washing Transactions | VIEW |
Unit 4 Deductions from Gross Total Income [Book] | |
Introduction Provisions of Set off and Carry Forward of Losses (Theory only) | VIEW |
Provision for Set-off & Carry forward of losses | VIEW |
Computation of Total Income and tax liability of an Individual under old Tax regime and New tax regime 115BAC | VIEW |
Deductions u/s: 80 C, 80 CCC, 80 CCD, 80 D, 80 G, 80 GG, 80 GGA, and 80 U | VIEW |
Unit 5 Assessment Procedure and Income Tax Authorities: [Book] | |
Assessment Introduction, Due date of filing returns, Filling of returns by different assesses, E- filing of returns, Types of Assessment | VIEW |
Permanent Account Number Meaning | VIEW |
Procedure for obtaining PAN and Transactions were quoting of PAN is Compulsory | VIEW |
Income Tax Authorities their Powers and Duties | VIEW |