Income Tax Laws Coaching In Noida

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Income Tax Laws Coaching In Noida

Income Tax Laws Coaching In Noida

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Basic concepts: Income, agricultural income, person, assesse, assessment year, previous year, gross total income, total income, maximum marginal rate of tax. Permanent Account Number (PAN) Residential status; Scope of total income on the basis of residential status Exempted income under section 10

Computation of income under different heads – Salaries – Income from house property

Computation of income under different heads – Profits and gains of business or profession – Capital gains – Income from other sources

Total income and tax computation -Income of other persons included in assessee’s total income – Aggregation of income and set-off and carry forward of losses -Deductions from gross total income -Rebates and reliefs

Computation of Total Income of individuals and firms Tax Liability of individual and firm Preparation of return of income

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