Law of Taxation
Goa University · LL.B. Semester 6 · LLB-303
Unit 1 — HISTORY AND NATURE OF TAX LAW
1. History of Tax Law in India · 2. Constitutional provisions relating to Taxation · 3. Nature and Scope of Tax, Difference between tax, fee, and duty, Canons of Tax · 4. Concepts : (Definition / Meaning) · i. Person ii. Assessee iii. Tax Year iv. Income · v. Gross Taxable Income vi. Taxable Income vii. Agricultural Income viii. Tax Evasion and Tax Avoidance
Unit 2 — HEADS OF INCOME UNDER INCOME TAX
1. Income from Salary · 2. Income from House property · 3. Income from Business and Profession · 4. Income from Capital Gain · 5. Income from Other sources
Unit 3 — TAX LIABILITY & RELIEF
1. Residential Status, : Tax Liability · 2. General Exemptions · 3. Deductions · 4. Rebate · 5. Relief
Unit 4 — TAX COMPUTATION AND COLLECTION
1. Deemed income and clubbing of income · 2. Carry Forward and Set off losses. · 3. Advance Payment of Tax · 4. Double Taxation · 5. Tax Collection at source · 6. Tax deduction at Source
Unit 5 — ASSESSMENT AND AUTHORITIES
1. Return of income, assessment, and refunds · i. Return of Income ii. Procedure of Assessment iii. Refunds · 2. Income Tax Authorities · i. Jurisdiction and Function of Income Tax Authorities ii. Powers iii. Dispute Resolution Committee · a. Role & Objectives · b. Procedure & Powers · c. Relief & Settlement · 3. Appeal, Revision · 4. Offences, Fines, and Penalties · i. Offences under Income Tax Law ii. Fines & Penalties iii. Prosecution
Unit 6 — THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 and RULES
1. Historical Background and Definitions · 2. Levy and collection of tax, Classification and exemption, Time, value and place of supply of Goods and services · 3. Input tax credit, Credit note, debit note, Tax invoice · 4. Registration, Accounts, Records, Returns, Payment of tax, refunds, assessment, audit, Inspection, Search, Seizure and · Arrest, Demands and · 5. Recovery, Liability to pay in certain cases, Advance ruling, appeals and revision, Offences and penalties · 6. Transitional provisions, GST Administration and Tax Authorities: · Powers and Functions