• Largest Selling Book since 1964 and over the last 59 years of its existence, the book has established a reputation for itself as the most definitive work on the subject of income tax.
• Even the last-minute changes in the law have been incorporated in this revised edition of the book and as such it is the latest and most updated book on Income Tax for the Assessment Year 2023-24. Further, the amendments made by the Finance Act, 2022, and the Finance Act, 2023, applicable for the Assessment Year 2023-24, have been incorporated in the book.
• The present edition of the book has several unparalleled features that make it distinct from other available textbooks on Income Tax.
• A simplified, systematic approach to the understanding of a complex subject written in a unique, simple, and easy-to-understand language.
• Each topic, after a theoretical exposition, is followed by illustrations to facilitate the students to master the practical application of Income Tax Law.
• User-friendly examination-oriented style facilitating easy comprehension of each topic.
• Solved Illustrations and Questions for exercise are the largest in number in comparison to other books on income tax.
• Unsurpassed for over 59 years. The book is trusted and relied upon for accuracy and reliability. Mistakeless printing on paper of superior quality at a moderate price.
• At the end of each chapter, Short Answer, Objective Type and Short Numerical Questions have been added with answers.

Income Tax Law & Practice Assessment Year 2023-24 Book Syllabus 

Core Course- C6: Income Tax Law and Practice B.Com (Hons.) Semester III Ranchi University, Ranchi & Nilamber Pitamber University, Medininagar

Unit 1: Basic concept: Income, agricultural income, person, assessee, assessment year, previous year, gross total income, total income, a maximum marginal rate of tax. Permanent Account Number (PAN), Residential status: Scope of total income on the basis of residential status, Exempted income under section 10.

Unit 2: Computation of income under different heads-Salaries, Income from House Property.

Unit 3: Computation of income under different heads-Profits and gains of business or profession; Capital gains, Income from other sources.

Unit 4: Total income and Tax computation – Income of other persons included in assessee’s total income. Aggregation of income and set-off and carry forward of losses, Deduction from gross total income, Rebates, and reliefs.

Unit 5: Computation of total income of individuals; Tax liability of an individual.

Paper 3.2: Income Tax Law and Practice B.Com (Hons.) Semester III St. Xavier’s College, Ranchi

Unit I: Basic concept: Income, agricultural income, person, assessee, assessment year, previous year, gross total income, total income, Permanent Account Number (PAN). Residential status; Scope of total income on the basis of residential status.

Unit II: Exempted income under section 10. Computation of income under different heads-Salaries.

Unit III: income from house property. Computation of income under different heads – Profits and gains of business or profession; Capital gains.

Unit IV: Income from other sources. Total income and tax computation-Aggregation of income and set-off and carry forward of losses; Deduction from gross total income; Rebates and reliefs; Computation of total income of individuals; Tax liability of an individual.

Unit V: Preparation of return of income—Manually; On-line filing of Returns of Income & TDS; Provision & Procedures of Compulsory On-Line filing of returns for specified assesses, Procedure of Assessment and types of assessment.

Paper code-BCH 3.2: Income Tax Law and Practice B.Com (Hons.) Semester III Kolhan University

Unit I: Basic concept: Income, agricultural income, person, assessee, assessment year, previous year, gross total income, a maximum marginal rate of tax. Permanent Account Number (PAN), Residential status, the scope of total income on the basis of residential status, Exempted income under section 10.

Unit II: Computation of income under different heads- salaries, Income from house property, Profits and Gains of business or profession; Capital gains, Income from other sources.

Unit III: Total Income and Tax Computation-Income of other persons included in assessee’s total income. Aggregation of income and set-off and carry forward of losses, Deduction from gross total income, Rebates and reliefs, Computation of total income of individuals and firms, the Tax liability of an individual.

Unit IV: Preparation of return of income-Manually, Online filling of return of income and TDS, Provision and Procedure of Compulsory On-Line filing of returns for specified assesses.

Paper-332: Income Tax Law and Practice B.Com (Hons.) Semester III Jamshedpur Women’s College

Unit 1: Introduction—Basic Concept: Income, agricultural income, person, assessee, assessment year, previous year, gross total income, total income, a maximum marginal rate of tax; Permanent Account Number (PAN). Residential status: Scope of total income on the basis of residential status, Exempted income under section 10.

Unit 2: Computation of income under different heads-1-Income from Salaries, Income from house property.

Unit 3: Computation of income under different heads-2-Profits and gains of business or profession; Capital gains, Income from other sources.

Unit 4: Computation of Total Income and Tax Liability-Income of other persons included in assessee’s total income; Aggregation of income and set-off and carry forward of losses; Deduction from gross total income; Rebates and reliefs; Computation of total income of individuals and firms; Tax liability of an individuals and a firm; GST-Format & Computing Process.

Unit 5: Preparation of Return of Income-Filing of returns: Manually, On-Line filing of Returns of Income and TDS, Provision and Procedure of Compulsory On-Line filing of returns for specified assesses.

Paper code-332: Income Tax Law and Practice B.Com (Hons.) Semester III Sido Kanhu Murmu University Dumka (SKMU)

Unit I: Basic Concept: Income, agricultural income, person, assessee, assessment year, previous year, gross total income, a maximum marginal rate of tax. Permanent Account Number (PAN), Residential status, the scope of total income on the basis of residential status, Exempted income under section 10.

Unit II: Computation of income under different heads–Salaries, Income from house property.

Unit III: Computation of income under different heads-Profits and Gains of business or profession; Capital gains, Income from other sources.

Unit IV: Total Income and Tax Computation-Income of other persons included in assessee’s total income, Aggregation of income and set-off and carry forward of losses, Deduction from gross total income, Rebates and reliefs, Computation of total income of individuals and firms : (a) Tax liability of an individuals and firm, (b) Five leading cases of Supreme Court.

Unit V: Preparation of return of income-Manually, Online filling of return of income and TDS, Provision and Procedure of Compulsory On-Line filing of returns for specified assesses.

Income Tax Law & Practice Assessment Year 2023-24 Book Contents 

❐ Salient Features Of The Finance Act, 2023

1. Income Tax: Introduction And Important Definitions
2. Agricultural Income
3. Residence And Tax Liability (Basis Of Charge)
4. Exemptions From Tax (Non-Taxable Income)
5. Income From Salaries
6. Income From Salaries (Retirement)
7. Income From House Property
8. Profits And Gains Of Business Or Profession
9. Determination Of Income Of Certain Business Or Profession On A Presumptive Basis
10. Depreciation And Investment Allowance
11. Capital Gains
12. Income From Other Sources
13. Clubbing Of Incomes And Aggregation Of Incomes Or Deemed Incomes
14. Set-Off And Carry Forward Of Losses
15. Deductions To Be Made From Gross Total Income While Computing Total Income
16. Computation Of Total Income Of Individuals
17. Computation Of Tax Liability Of Individuals
18. Rebate And Relief Of Tax
19. Assessment Of Hindu Undivided Families
20. Assessment Of Partnership Firms
21. Assessment Of Association Of Persons Or Body Of Individuals
22. Income Tax Authorities
23. Preparation And Filing Of Return Of Income
24. Assessment Procedure
25. Deduction And Collection Of Tax At Source
26. Advance Payment Of Tax
27. Recovery And Refund Of Tax
28. Dispute Resolution Committee
29. Appeals And Revision
30. Penalties
31. Offenses Liable To Prosecution
32. Mode Of Acceptance Or Repayment Of Loans Or Deposits
33. Tax Planning For Individuals (Tax Planning Under Various Heads)
34. Alternate Tax Regime (Tax On Income Of Individuals And Hufs)
35. Capital and Revenue
    ❐ Section-Wise Index

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• आय कर अधिनियम, 1961 में मई 2019 तक अद्यतन प्रावधानों की अत्यन्त सरल भाषा में प्रामाणिक एवं विस्तृत विवेचना
• वित्त अधिनियम, 2018 एवं वित्त अधिनियम, 2019 के आधार पर पूर्णतः संशोधित एवं परिवर्द्धित
• मई 2019 तक निर्गत Circulars तथा Notifications का यथास्थान समावेश
• अध्यायों के अन्त में सम्पूर्ण अध्याय का संक्षेप (Summary) तथा विभिन्न अध्यायों में अनेक नई तालिकाओं (Tables) का समावेश
• त्रुटिरहित सुन्दर एवं स्पष्ट मुद्रण
• अन्य पुस्तकों की अपेक्षा सबसे अधिक हल सहित उदाहरण (Illustrations) तथा अभ्यासार्थ प्रश्न (Questions) उत्तर सहित
• पुस्तक में ‘आय की विवरणी (रिटर्न) तैयार करना एवं दाखिल करना’ भी शामिल किया गया है।
• अभ्यासार्थ प्रश्नों के पूर्ण हल Practical Problems in Income Tax पुस्तक में दिए हुए हैं।
• प्रत्येक अध्याय के अन्त में लघु उत्तरीय प्रश्न, वैकल्पिक प्रश्न तथा लघु अंकीय प्रश्नों का समावेश उत्तर सहित किया गया है।
• पुस्तक के अन्त में वर्ष 2018 तथा 2019 की परीक्षाओं के प्रश्न पत्रों को भी सम्मिलित किया गया है।

आयकर विधि एवं व्यवहार (Income Tax Law & Practice) Syllabus For B.Com III & IVth Semester of Chaudhary Devi Lal University Sirsa (CDLU) 

Paper BC-3.3 Income Tax Law and Practice – I

Unit-I: Introduction: Basic Concept – Income, agricultural income, person, assesses, assessment year, previous year, gross total income, total income, a maximum marginal rate of tax; Permanent Account Number, Tax evasion, avoidance, and tax planning and tax management. Basis of Charges: Scope of total income, residence and tax liability. Residential status – Scope of total income on the basis of residential status Exempted income under section 10.

Unit-II: Computation of Income under different heads – Income from Salaries, Income from house property.

Unit-III: Computation of Income under different heads – Profits and gains of business or profession; Capital gains; Income from other sources.

Paper BC-4.3 Income Tax Law and Practice – II

Unit-I: Computation of Total Income – Clubbing and aggregation of income, provisions regarding set-off and carry forward of losses, Deductions under section 80C to 80U in computing Total Income.

Unit-II: Computation of Income – Computation of Total Income and Tax Liability of an Individual and H.U.F. Computation of Total Income and Tax Liability of a Firm and Companies, Income Tax Authorities and their powers, Appeals and Revision Penalties and Prosecutions.

Unit-III: Preparation of Return of Income – Procedure for Assessment; Different types of returns Deduction of Tax at Source; Advance Payment of Tax Recovery of Tax and Refund of Tax. Preparation of Return of Income (Practical Lab) – Filing of returns: Manually, On-line filing of Returns of Income and TDS; Provision and Procedure of Compulsory On-Line filing returns for specified assesses.

आयकर विधि एवं व्यवहार (Income Tax Law & Practice) Book Contents

• Salient Features of the Finance Act, 2019

1. आयकर (विषय-प्रवेश तथा महत्वपूर्ण परिभाषाएं)
2. कृषि आय
3. निवास-स्थान तथा कर-दायित्व
4. कर से छूटें
5. वेतन से आय
6. वेतन (अवकाश ग्रहण) से आय
7. मकान-सम्पत्ति से आय
8. व्यापार अथवा पेशे के लाभ एवं प्राप्तियां
9. कतिपय व्यापार या पेशे की आय का अनुमानित आधार पर निर्धारण
10. ह्रास एवं विनियोग भत्ता
11. पूंजी लाभ
12. अन्य साधनों से आय
13. आय का मिलाना तथा मानी गई आयें (आय का संकलन)
14. हानियों की पूर्ति एवं उन्हें आगे ले जाना
15. कुल आय की गणना करने के लिए सकल कुल आय में से की जाने वाली कटौतियां
16. व्यक्तियों की कुल आय की गणना
17. व्यक्तियों के कर दायित्व की गणना
18. कर में कटौती एवं राहत
19. हिन्दू अविभाजित परिवार का कर-निर्धारण
20. फर्म का कर-निर्धारण
21. व्यक्तियों का संघ अथवा व्यक्तियों का समूह का कर-निर्धारण
22. आय कर प्राधिकारी
23. आय की विवरणी (रिटर्न) तैयार करना एवं दाखिल करना
24. कर-निर्धारण की कार्यविधि
25. उद्गम स्थान पर कर की कटौती तथा कर का संग्रह
26. कर का अग्रिम भुगतान
27. कर की वसूली एवं वावसी
28. अपील तथा पुनर्विचार
29. अर्थ-दण्ड
30. जुर्म तथा अभियोजन
31. व्यक्तियों के लिए कर नियोजन
32. कंपनियों का कर निर्धारण

• Examination Question Papers 2018 & 2019

The post आयकर विधि एवं व्यवहार (Income Tax Law & Practice) A.Y 2019-20 appeared first on Sahitya Bhawan Publications.