ITA (BBA 4th)

UNIT-I

Basic concepts, Agricultural income and its Assessment, Basis of charge, Exempted income.

UNIT-II

Heads of Income : Income from salaries: calculation of gross and net salary, income from House

property,

UNIT-III

Income from Business and profession, Capital gains, Other sources,

Set off of losses, Set off and carry forward of losses, Aggregation of income,

UNIT-IV

Deductions to be made in computing the total income,

Assessment of individuals

Income tax authorities, procedure of assessment, (practical aspect of filing of return to be stressed),

collection of tax.