Introduction of Income Tax Act 1961 and Basic Concepts : 1.1 Study of basic concepts, 1.2 Residential Status
Computation of Income From Salary : 2.1. Introduction and Objectives : 2.2. Tax Treatment of Certain Receipts, 2.3 Taxable Value of Cash Allowances, 2.4. Taxable Value of Perquisites, 2.5 Valuation of Perquisites, 2.6. Employers contribution to Provident Fund, 2.7. Deductions from Salaries, 2.8. Practical Problems.
Computation of Income from House Property : 3.1 Introduction and Objectives, 3.2 Annual Value, 3.3 Determination of Gross Annual Value, 3.4 Comparison of Reasonable letting value and Rent received/receivable, 3.5 Deductions Under Section 24, 3.6 Practical Problems
Computation of Income From Other Sources : 4.1 Introduction and Objectives, 4.2. Other Incomes Chargeable under this Head, 4.3 Some Specific Significance, 4.4 Allowed Deductions under section 57., 4.5 Inadmissible Expenses under section 58., 4.6 Practical Problems.
Income from Profits and Gains of Business and Profession : 5.1 Introduction and Objectives, 5.2 Scheme of Computation, 5.3 Chargeable Income, 5.4 Method of Accounting : 5.5 Expenses Allowable under Section 30 to 35, 5.6 Specific Deduction Under Section 36, 5.7 General Deductions/Residuary Provisions under Section 37, 5.8 Expenses Not Allowable, 5.9 Practical Problems
Computation of Taxable Income and Income Tax of an Individual Assessee : 6.1 Introduction and Objectives, 6.2 Exemption Vs. Deduction, 6.3 Computation of Total Income, 6.4 Tax Rebate Under Section 87A, 6.5 Steps in Determining Taxable Income, 6.6 Income Tax Slabs and Rates, 6.7 Practical Problems