Income Tax

Erläuterungen der Einkommensteuer für den Handel, Buchhaltung leicht zu erlernen.

Notes of income tax for commerce,accounting to learn easy.It almost cover all important topics which are given below

Unit – 1. Basic Concepts

Income

Agriculture income

Casual income

Assessment year & Previous Year

Gross total income, total income

Unit – 2. Heads of Income

Salaries Income

Income from House Property

Unit – 3. Profit and Gains of Business

Profit and gains of Business or Profession

Capital Gains

Income from other sources

Aggregation of Income

Set off and carry forward of losses

Unit – 4. Deductions from Gross Total Income

DEDUCTIONS FROM GROSS TOTAL INCOME

Total Income and tax liability of an Individual

H.U.F., and firm

Unit – 5. Concept of Tax Planning

Concept of Tax Planning

Tax evasion and tax avoidance