Corporate Tax Assessment Year 2023-24

The present edition of the Corporate Tax Assessment Year 2023-24 book has been thoroughly revised and enlarged.

Salient Features of the Book :

• Legal position as amended upto August 2023 is given.
• The law stated in the book is on the basis of the Income Tax Act, 1961 and the Income Tax Rules, 1962 as amended up-to-date, besides the Finance Act, 2023 and Circulars and Notifications issued by Central Board of Direct Taxes upto August 2023.
• 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 Corporate Tax Law.

Corporate Tax Syllabus For M. Com Semester III Maharshi Dayanand University Rohtak (MDU), w.e.f. 2017-18

Unit-I: Meaning of company; Types of companies; Residential status and incidence of tax on companies. Computation of Income of company under various heads; general provisions applicable to companies for computation of gross total income.

Unit-II: Deductions from gross total income as applicable to companies, computation of tax for various types of companies, Provisions of MAT; Assessment of Insurance Companies.

Unit-III: Assessment of Charitable / Educational Institutions /Religious Trust and Political Parties; Assessment of Non-Residents and advance-ruling for non-residents.

Unit-IV: Assessment of co-operative societies, Assessment of discontinued business, Double taxation relief.

Corporate Tax Assessment Year 2023-24 Book Contents

1. Introduction
2. Computation of Income of Company Under Various Heads
3. Deductions From Gross Total Income
4. Assessment of Companies
5. Computation of Tax On Companies
6. Assessment of Insurance Companies
7. Assessment of Charitable or Religious Trusts Educational Institutions and Political Parties
8. Assessment of Non-Residents
9. Interim Board Of Settlement
   Board For Advance Ruling (Bar)
10. Assessment of Co-Operative Societies
11. Assessment of Discontinued Business
12. Double Taxation Relief