PAPER – V
LAW OF TAXATION
(Optional Paper)
( Paper Code : K-2006 )
The course shall comprise of
the following :
(1) Introduction : History
and Objects of Taxation, Direct and Indirect Taxes,
Concept of Tax and Fee.
(2) Definitions : Assessee,
Assessment Year, Previous Year, Business,
Agricultural Income, Income,
Person.
(3) Residence (Sections 6, 7
and 9)
(4) Salaries (Sections 15 to
17)
(5) Income from House Property
(Sections 22 to 27)
(6) Profits and Gains of
Business or Profession (Section 28)
(7) Depreciation Allowance
(Section 32)
(8) Business Expenditure and
Loss (Section 37)
(9) Capital Gains (Sections 45,
46 and 54)
(10) Income from other Sources
(Sections 56 to 58).
BOOKS RECOMMENDED
Rai Kailash (Dr.), Taxation
Law.
Singhania V.K. (Dr.), Students
Guide to Income Tax.
Kanga & Palkiwala, Law
of Income Tax.
Taxman, Three Direct Taxes.
