Principles of Taxation Law
Chhatrapati Shahu Ji Maharaj University · LL.B. Semester 6
Unit all
- History of Tax Law in India
- Constitutional provisions relating to Taxation
- Nature and Scope of Tax
- Definition: Persons, Assessees, Previous year, Assessment years, Financial year, Income, Gross Taxable Income, Taxable Income, Agricultural Income, Tax Evasion and Tax Avoidance
- Income Tax, Residential Status: Rules (Sec.6)
- Tax Liability Exemption, Deduction, related to individual, Expenses & Income, Rebate, Deemed income and clubbing of income
- Carried forward and Set of losses
- Heads of Income: Income from Salary, House property, Business and Profession, Capital Gain and other sources
- Calculation of Gross Total and Taxable income, Tax rebate and Computation of Tax Liability
- Taxation in cases of Mergers & Acquisitions
- Assessment Procedure
- Types of Assessment Income Tax Authority: Their function, Duties and Powers, Appeal, Offences, Fines and Penalties, Settlement of grievances and Prosecution, Income Tax Act, 1961, Income Tax Rules
- Advance Rulings, faceless assessment/e-assessment
- Goods and Service Tax: - law, procedure, applicability, assessment, advance ruling
- Maharashtra State Tax on Professions, Trade, Callings and Employments Act, 1975