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SYLLABUS
Income Tax Laws – I

Objectives:

To provide in-depth knowledge of Income Tax Act, 1961 along with its latest provisions.
To demonstrate an understanding of the rules associated with the reporting, calculation and payment of taxes.

S. No. Description
1. Income Tax: Definitions, Capital and Revenue concepts and difference between both.
2. Basis of Charge: Residential status of person and scope of total income of person on the basis of residential
status.
3. Exempted Incomes under section 10.
4. Computation of Income under the head Salaries.
5. Computation of Income under the head House Property.
6. Computation of Income under the head Business & Profession.
7. Depreciation.
8. Capital Gains.
9. Income from Other Sources.