Taxation Laws
Dr. Bhimrao Ambedkar Law University, Jaipur · LL.B. Semester 4 · 4.2
Unit I — INTRODUCTION AND BASIC CONCEPTS
1.1 Meaning of Tax, Tax and Fee, Direct Tax and Indirect Tax · 1.2 Income Tax Act, 2025 – Definitions i. Agricultural Income [Section 2(5)] ii. Assessee [Section 2(11)] iii. Assessing Officer [Section 2(12)] iv. Person [Section 2(77)] v. Previous Year [Section 3] – Tax Year · 1.3 Basis of Charge [Sections 4–9] i. Charge of Income Tax [Section 4] ii. Total Income [Section 5] iii. Residential Status [Section 6] iv. Income deemed to be received and dividend deemed to be income in a tax year [Section 7] v. Income Deemed to Accrue or Arise in India [Section 9] · 1.4 Incomes which do not form part of Total Income i. Schedule II (1, 2, 3, 4, 8, 9.10,11) ii. Schedule III (1, 2, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 38) iii. Section 19 iv. Schedule VII (10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
Unit II — HEADS OF INCOME
2.1 Salaries [Sections 15–19] · 2.2 Income from House Property [Sections 20–25] · 2.3 Profits and Gains of Business or Profession [Sections 26, 27, 28, 33, 34] · 2.4 Capital Gains [Sections 2(22), 2(109), 67, 70, 72, 73(1)(1), 80, 81, 82-90]
Unit III — COMPUTATION OF TOTAL INCOME
3.1 Income from Other Sources [Sections 92-95] · 3.2 Income of Other Persons Included in Assessee’s Total Income [Sections 96–100] · 3.3 Aggregation of Income [Sections 101-107] · 3.4 Set-Off and Carry Forward of Losses [Sections 108-121] · 3.5 Meaning of Gross Total Income [Section 122(10)]
Unit IV — DEDUCTIONS AND GOODS AND SERVICES TAX
4.1 Main Deductions under Chapter VIII i. Section 123 and Schedule XV ii. Section 124 and Schedule XV iii. Section 129 iv. Section 154 · 4.2 Deduction of Tax at Source [Sections 390, 392, 393(1)(1), (2)] · 4.3 Advance Tax [Sections 403-408] · 4.4 Goods and Services Tax Act, 2017 i. The Constitution (122nd Amendment) Act, 2017 ii. Types of GST: CGST, SGST, IGST iii. The CGST Act, 2017 – Aims, Objectives, and Features of GST