I am happy to present the first edition of my book INCOME TAX LAW AND PRACTICE – I to my fellow faculty members, and the student community.
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. Tax Deduction at Sources & Advance Tax Ruling
