Description

Direct Tax

 

TYBMS Semester V (Elective Courses)

SYBBI Semester III (Core Courses)

 

Syllabus

 

1. Definitions and Residential Status
Basic Terms (S: 2, 3, 4)
Assessee, Assessment, Assessment Year, Annual Value, Business,
Capital Assets, Income, Previous Year, Person, Transfer
Determination of Residential Status of Individual,
Scope of Total Income (S : 5)

2. Heads of Income – I
Salary (S. 15 – 17)
Income from House Property (S. 22 – 27)
Profit & Gain From Business and Profession
(S : 28, 30, 31, 32, 35, 35D, 36, 37, 40, 40A and 43B)

3. Heads of Income – II
Capital Gain (S : 45, 48, 49, 50 and 54)
Income from Other Sources (S. 56 – 59)
Exclusions From Total Income (S. 10)
(Exclusion related to specified heads to be covered with relevant heads of income)

4. Deductions Under Chapter VI A
S. 80C, 80CCC, 80D, 80DD, 80E, 80U, 80TTA

5. Computation of Taxable Income for Individuals
Computation of Total Income and Taxable Income of Individuals

Note : The Syllabus is restricted to study of particular sections, specifically mentioned rules and notifications only.
1. All modules / units include Computational Problems / Case Study.
2. The Law in force on 1st April immediately preceding the commencement of Academic Year will be applicable for ensuing examinations.

(For SYBBI Semester III – Module 4: Deductions Under Chapter VI A is not there.)