The salient features of this book are :
– The outline of this text book is prepared by a faculty who has been an authority in subjects like Financial Accounting, Cost Accounting, Management Accounting, Financial Management and Taxation.
– It is written in a simple language and at a level understandable by the student community.
– It covers all the topics of the syllabus prescribed by the Bangalore University.
– It contains many illustrations and exercises for the problems part of the syllabus.
– It is the fruit of about three decades of teaching experience and the academic excellence obtained from therein.
– Teaching methods which make topics simple and understandable by everyone have been liberally used in writing this book.
Contents –
1. Introduction to Income Tax
2. Residential Status and Incidence of Tax
3. Exempted Incomes
4. Income under the Head Salaries
5. Income from House Property
6. Profits and Gains from Business or Professions
7. Capital Gains
8. Income From Other Sources
9. Deductions from Gross Total Income (GTI)
10. Computation of Gross Total Income (Assessment of Individuals)
Skill Development