KUK - LMS

Syllabus

MODULE NO / UNIT	COURSE SYLLABUS CONTENTS OF MODULE	NOTES
Course Code: M-BECOE -041 Course Name: Group - V Economics of Taxation) - Direct Taxes-I
1	Income Tax- Basic Concepts; Previous Year, Assessment Year, Assessee, Income; Agricultural Income, Casual Income, Person, Average Rate, Marginal Rate, Capital and Revenue Receipts and Expenditure; Return of Income. Reading List • Ahuja, G. & Gupta, R. (2020). Professional Approach to Direct Tax Laws and International Taxation. Wolters Kluwer (India) Pvt. Ltd., Mohali, Punjab. • Hariharan, N. (2009). Income Tax: Law and Practice. Tata McGraw-Hill Publishing Company Limited, New Delhi. • Mehrota, H.C. & Goyal, S.P. (2020). Income Tax: Law and Accounts. Sahitya Bhavan Publications, Agra. • Singhania, V.K. (2012). Taxmann’s Direct Taxes: Law and Practice. Taxmann Publications.
2	Residential Status and Tax Incidence; Scope of Income; Individual, HUF, Firms, Association of Persons, Body of Individuals, Companies, Other Persons; Gross Total Income, Total Income, Exempted Incomes. Reading List • Ahuja, G. & Gupta, R. (2020). Professional Approach to Direct Tax Laws and International Taxation. Wolters Kluwer (India) Pvt. Ltd., Mohali, Punjab. • Balachandran, V. & Thothadri, S. (2013). Taxation Law and Practice. PHI Learning Private Limited, New Delhi. • Hariharan, N. (2009). Income Tax: Law and Practice. Tata McGraw-Hill Publishing Company Limited, New Delhi. • Mehrota, H.C. & Goyal, S.P. (2020). Income Tax: Law and Accounts. Sahitya Bhavan Publications, Agra. • Singhania, V.K. (2012). Taxmann’s Direct Taxes: Law and Practice. Taxmann Publications.
3	Clubbing of Income; Set Off and Carry Forward of Losses; Agricultural Income- Tax Treatment of Agricultural Income; Tax Deducted at Source. Reading List • Ahuja, G. & Gupta, R. (2020). Professional Approach to Direct Tax Laws and International Taxation. Wolters Kluwer (India) Pvt. Ltd., Mohali, Punjab. • Balachandran, V. & Thothadri, S. (2013). Taxation Law and Practice. PHI Learning Private Limited, New Delhi. • Hariharan, N. (2009). Income Tax: Law and Practice. Tata McGraw-Hill Publishing Company Limited, New Delhi. • Jain, R.K. (2020). Income Tax: Law and Practice. SBPD Publications. • Mehrota, H.C. & Goyal, S.P. (2020). Income Tax: Law and Accounts. Sahitya Bhavan Publications, Agra. • Singhania, V.K. (2012). Taxmann’s Direct Taxes: Law and Practice. Taxmann Publications.
4	Deductions from Gross Total Income; Income from other sources– Dividends, Interest on Security; Deduction of Tax at Source; Grossing Up; Bond Washing Transaction; Deductions; Filing of Return of Income. Reading List • Ahuja, G. & Gupta, R. (2020). Professional Approach to Direct Tax Laws and International Taxation. Wolters Kluwer (India) Pvt. Ltd., Mohali, Punjab. • Balachandran, V. & Thothadri, S. (2013). Taxation Law and Practice. PHI Learning Private Limited, New Delhi. • Hariharan, N. (2009). Income Tax: Law and Practice. Tata McGraw-Hill Publishing Company Limited, New Delhi. • Jain, R.K. (2020). Income Tax: Law and Practice. SBPD Publications. • Mehrota, H.C. & Goyal, S.P. (2020). Income Tax: Law and Accounts. Sahitya Bhavan Publications, Agra. • Singhania, V.K. (2012). Taxmann’s Direct Taxes: Law and Practice. Taxmann Publications.