SAMPLE LECTURETable of content I. The Income-tax Act, 1961 and Rules thereunder (90 marks)II. The Wealth-tax Act, 1957 and Rules thereunder (10 marks) While covering the direct tax laws, students should familiarise themselves with considerations relevant to tax management. These may include tax considerations with regard to specific management decisions, foreign collaboration agreements, international taxation, amalgamations, tax incentives, personnel compensation plans, inter-relationship of taxation and accounting, with special reference to relevant accounting standards and other precautions to be observed to maximize tax relief. Further,they should have a basic understanding about the ethical considerations in tax management and compliance with taxation laws.
Applicable For Exam November 2014
Auditing and Assurance
3 out of 5