Tax Laws – india free notes.com

Direct Taxation Bangalore University 5th Semester BBA Notes

Unit 1
Taxation, Basic Reasons to Impose Taxation	VIEW
Constitutional Validity of Taxes	VIEW
Administration of Tax Laws	VIEW
Component of Income Tax Law in India	VIEW
Basic Principles for Charging Income Tax [Sec. 4]	VIEW
Tax Year [Sec 3]	VIEW
Assessee [Sec 2(7)]	VIEW
Capital Asset 2(22)	VIEW
Person [Sec 2 (77)]	VIEW
Income [Section 2(24)]	VIEW
Heads of Income [Sec 14]	VIEW
Gross Total Income (GTI) [Sec. 122], Total Income (TI) [Sec. 2(108) read with section 122]	VIEW
Distinguish between Gross Total Income and Taxable Income	VIEW
Rounding-off of total income [Sec. 516]	VIEW
Capital Receipts -vs.- Revenue Receipts	VIEW
Rate of Tax Under Old Tax Regime / Regular Tax Regime	VIEW
Rate Of Tax Under Default Tax Regime (New Regime) U/S 202	VIEW
Double Taxation Avoidance Agreement (DTAA)	VIEW
Residential Status and Scope of Total Income
Determination of Residential Status	VIEW
Residential Status, Individual [Sec. 6(2)] to [Sec. 6(8)]	VIEW
Hindu Undivided Family (HUF) [Sec. 6(9)]	VIEW
Company [Sec. 6(10)]	VIEW
Firm or an Association of Persons (AOP) or Body of Individuals (BOI) or Any other Person [Sec. 6(11)	VIEW
Resident and Ordinary Resident [Sec. 6(13)]	VIEW
Illustrations only on Individual Incidence of Tax [Sec. 5]	VIEW

Unit 2
Basic Elements of Salary	VIEW
Employer-Employee Relationship	VIEW
Basis of Charge [Sec. 15]	VIEW
Definition of Salary [Sec. 16]	VIEW
Deduction from Salary [Sec. 19]	VIEW
Perquisite [Sec. 17]	VIEW
Income Not be included in the Total Income [Schedule III and Sec 11]	VIEW
Computation of Taxable Salary	VIEW
Illustrations including deduction of Retirement Benefits	VIEW
Employee Stock Option Plans (ESOPs)	VIEW
Income from House Property
Chargeability [Sec. 20]	VIEW
Determination of Annual Value [Sec. 21], Property -Self-occupied property Deemed to be let out Property, Property not actually occupied by the Owner, Partly let out and partly Self-occupied Property, Computation of Income	VIEW
Recovery of Arrears of Rent and Unrealized Rent	VIEW
Deduction’s u/s 22 – a) Standard Deduction b) Interest on Borrowed	VIEW
Capital Treatment of Pre and Post Construction	VIEW
Interest Computation of Income from House Property, Property owned by co-owners	VIEW

Unit 1 [Book]
Permanent Account Number (PAN), Features and Provisions	VIEW
Application for PAN Online/Offline	VIEW
Downloading of e-PAN	VIEW
Corrections in PAN	VIEW
Linking of PAN and Aadhaar Sec 139 A & 139 B	VIEW
Registering PAN in E-Filing Portal	VIEW

Unit 2 [Book]
Income Tax Returns (ITR)	VIEW
E-Filing 139D	VIEW
Requirement of Filing ITR [Section 139(1)], Due Date of Filing of ITR	VIEW
Applicability of Form ITR-1	VIEW
Applicability of Form ITR-2	VIEW
Applicability of Form ITR-3	VIEW
Applicability of Form ITR-4	VIEW
Applicability of Form ITR-5	VIEW
Applicability of Form ITR-6	VIEW
Applicability of Form ITR-7	VIEW
Types of Returns, Regular ITR, Revised ITR, Belated Return, Updated Returns 139(8a)	VIEW
Provisions Relating to Updated Returns including Interest and Penalties	VIEW

Unit 3 [Book]
Introduction to the Concept of TDS	VIEW
Applicability of TDS Sec 392	VIEW
Applicability of TDS Sec 393	VIEW
Provisions In Brief Relating to Advance Payment of Tax	VIEW
Quarterly Filing of TDS Returns	VIEW
Prescribed forms for Filing of TDS Returns (From 138, 140, 141)	VIEW
Acknowledgement for TDS Form 130, 131	VIEW
Exemption from TDS Form 128, 121	VIEW

Unit 4 [Book]
Income Tax Portal	VIEW
Prerequisites for TDS and ITR	VIEW
Preparation of Electronic Returns	VIEW
ITR Filing Online	VIEW