DIRECT TAX

Overview

• Basic Concepts​

• Residence and Scope of Total Income​

Heads of Income​  

• Salaries​

• Income from House Property​

• Profits and Gains of Business or Profession​

• Capital Gains​

• Income from Other Sources​

Computation of Total Income​

• Income of Other Persons included in Assessee’s Total Income​

• Aggregation of Income, Set-Off and Carry Forward of Losses​

• Deductions from Gross Total Income​

Computation of Set-off, Carry forward and Deductions from Total Income​

• Income of Other Persons included in Assessee’s Total Income​

• Aggregation of Income, Set-Off and Carry Forward of Losses​

• Deductions from Gross Total Income​

Computation of Income Tax and Income Tax Liability​

• Advance Tax, Tax Deduction at Source and Tax Collection at Source​

• Provisions for filing Return of Income and Self Assessment​

• Income Tax Liability – Computation and Optimisation​