Direct Tax and Indirect Tax Syllabus TYBCOM

Direct and Indirect Taxation

Section 1: Direct Taxes – Income Tax

1. Introduction
2. *Definitions (Sections 2 & 3)
3. *Basis of Charge (Sections 4, 5, 6, 7, 8 and 9)
4. *Income Exempted from Tax
5. Heads of Income (Section 14)
6. *Salaries (Sections 15 to 17)
7. Interest on Securities (Section 18 to 21)
8. *Income from House Property (Sections 22 to 27)
9. *Profits and Gains of Business (Sections 28 to 44)
10. *Capital Gains (Sections 2(14), 2(47), 45, 48, 49, 50 & 55)
11. *Income from Other Sources (Sections 56 to 59)
12. Clubbing of Income (Sections 64)
13. *Deductions to be made in Computing Total Income (Sections 80A, 80CCC, 80D, 80G, 80L, 80U)
14. Computation of Total Income
15. Rebate (Sections 88, 88B)
16. Tax Deducted at Source

Section 2: Indirect Taxes

17. *Central Sales Tax Act, 1956
18. *Bombay Sales Tax Act, 1959