University of Mumbai, Maharashtra (Mumbai University), Accounting and Finance Semester 4, Taxation - III (Direct Taxes- II) Syllabus

Unit - 1 Clubbing of Income

UNIT I

Clubbing of Income

1.1 Clubbing of Income Section 60 to 65

Unit - 2 Set off and Carry Forward of Losses

UNIT II

Set off and Carry Forward of Losses

2.1 Sec 70 Set off Loss from one Source against Income from another Source under the same head of Income

2.2 Sec 71 Set off Loss from one Head against Income of another Head

2.3 Sec 71B Carry forward and Setoff losses from House Property

2.4 Sec 72 Carry forward and Setoff losses of Business Losses

2.5 Sec 73 Losses in Speculation Business

2.6 Sec 74 Loss under the head Capital Gains

Unit - 3 Computation of Tax Liability of Individual and HUF

UNIT III

Computation of Tax Liability of Individual and HUF

3.1 Computation of Tax Liability of Individual and HUF

Unit - 4 Computation of Income of Partnership Firm

UNIT IV

Computation of Income of Partnership Firm in relation to Sec 40b Tax thereon with applicable Rate of Tax

4.1 Computation of Income of Partnership Firm in relation to Sec 40b Tax thereon with applicable Rate of Tax

Unit - 5 Return of Income

UNIT V

Return of Income

5.1 Return of Income – Sec 139

Unit - 6 Tax Deduction at Source, Advance Tax & Interest Payable

UNIT VI

Tax Deduction at Source Advance Tax Interest Payable

6.1 Basic Aspects of Deduction of Taxes at Source

6.2 Advance Tax

6.3 Interest Payable

Unit - 7 DTAA u-s 90 & 91

UNIT VII

DTAA us 90 91

7.1 DTAA us 90 91

Unit - 8 Tax Planning and Ethics in Taxation- Basic Concepts

UNIT VIII

Tax Planning and Ethics in Taxation Basic Concepts

8.1 Tax Planning and Ethics in Taxation Basic Concepts