It is a matter of great pleasure to present First edition of the book on Direct Tax to the students and teachers of Bachelor of Commerce – Accounting and Finance course for University of Mumbai. This book is written on lines of syllabus instituted by the University. The book presents the subject matter in a simple and convincing language.
Contents –
1. Introduction and Definition
2. Basis of Charge and Scope of Total Income
3. Income Exempted from Tax
4. Heads of Income
5. Income from Salary
6. Income from House Property
7. Income from Business and Profession
8. Income from Capital Gain
9. Income from Other Sources
10. Deductions to be Made in Computing Total Income
11. Computation of Total Income for Individual
