COURSE OVERVIEW
Income tax subject is a blend of theory and practical concepts based on the act of collection along with business, accounting and Indian taxation system..The course aims at delivering holistic knowledge of taxation system and financial principles to the graduate level students in a graduate and effective manner.
| CREDITS | 4 |
| INTERNAL | 20 |
| EXTERNAL | 80 |
AIM
main aim of this paper is to impart basic knowledge and equip students with application of principles and provisions of income tax act 1961 amended up to date.
OBJECTIVES
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To provide knowledge about income tax laws in force for the relevant previous year.
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To give an insight into procedural aspects for assessment of tax liability for various assesses as per IT Act 1961 and IT Rules, 1962.
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To provide working knowledge on the computation of different heads of income.
- Teacher: DARSANA N. S FACULTY