Direct Taxes University of Mumbai BMS 5th Sem Notes

Unit 1 Definitions and Residential Status {Book}

Basic Terms (Section. 2,3,4) Assessee, Assessment, Assessment Year, Annual Value, Business, Capital Assets, Income, Previous Year, Person, Transfer VIEW
Determination of Residential Status of Individual VIEW
Scope of Total Income (S.5) VIEW
Unit 2 Heads of Income–I {Book}
Salary (S. 15-17) VIEW
Income from House Property (S. 22-27) VIEW
Profit & Gain from Business and Profession (S. 28, 30,31,32, 35, 35D,36,37, 40, 40A and 43B) VIEW
Unit 3 Heads of Income – II {Book}
Capital Gain (S. 45, 48, 49, 50 and 54) VIEW
Income from other sources (S.56- 59) VIEW
Exclusions from Total Income (S.10) VIEW
Unit 4 Deductions under Chapter VI A {Book}
Deductions from Total Income S. 80C, 80CCC, 80D, 80DD, 80E, 80U, 80TTA VIEW
Unit 5 Computation of Taxable Income of Individuals {Book}
Computation of Total Income VIEW
Taxable Income of Individuals VIEW

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