INCOME TAX LAWS AND PRACTICES
Paper Code: BBA-405
UNIT – I: Basic concepts of income, Agriculture income, Assessee, Previous year, Assessment year, Residence and Tax liability, Exempted incomes, Income from salaries.
UNIT – II: Income from house property, Profits and gains of business or profession.
UNIT – III: Capital gains, Income from other sources, Set off and carry forward of losses, Clubbing of income.
UNIT – IV: Deduction from gross total income available to all types of assessee, Rebates and relief from tax liability, Assessment of individuals.
UNIT – V: Computation of tax liability of individuals, Procedure of assessment, Income-tax authorities.