Flair Simplified Approach to Income Tax For B.Com (HONS) By Dr. Girish Ahuja and Dr. Ravi Gupta Edition August 2022

Flairs Simplified Approach to Income Tax For B Com Girish Ahuja

Flairs Simplified Approach to Income Tax For B Com Girish Ahuja

Description

• A simplified, systematic approach to the understanding of complex subject written in a unique, simple, easy to understand language that enables a quicker grasp for the students
• Each topic, after a theoretical exposition, is followed by plenty of illustrations with solutions to facilitate the busy students to master the practical application of the law. Numerous problems and solutions have been given to enable the students to clearly grasp the intricate provisions. Each chapter contains theoretical and practical questions
• Even the last minute changes in the law have been incorporated in the book and it is therefore, the latest and most up to-date book for the Assessment Year 2022-23. The amendments made by the Finance Act, 2021 have been incorporated at appropriate places in the book.
• The book, at the end, contains questions from B.Com. (Hons.) Delhi University Examinations with answers to practical questions as per the law applicable for assessment year 2022-23
• The book is useful for students appearing for IIIrd Semester B. Com. (Hons.) Examinations of Delhi University. It will also be useful for the graduate students of various Universities and Management Institutes

Contents

1. Introduction
2. Scope of Total Income & Residential Status
3. Incomes which do not form part of Total Income
4. Heads of Income and Income under the Head “Salaries
5. Income under the Head “Income from House Property
6. Income under the Head “Profits and Gains of Business or Profession
7. Income under the Head “Capital Gains
8. Income under the Head “Income from Other Sources
9. Income of Other Persons Included in Assessee’s Total Income (Clubbing of Income)
10. Set off or Carry Forward and Set off of Losses
11. Deductions to be made in Computing Total Income
12. Agricultural Income & Its Tax Treatment
13. Assessment of Individuals
14. Assessment of Firms
15. Return of Income [Sections 139 to 140A]
16. Procedure for e-filing of ITR 1 and ITR 2
17. Leading cases of Supreme Court
18. Concepts of Tax-planning
19. Selected Practical Questions from Delhi University B.Com (Hons.) Examinations

About the Author

Dr. GIRISH AHUJA did his graduation and post-graduation from Shri Ram College of Commerce, Delhi and was a position holder. He was awarded a Ph.D. degree by Faculty of Management Studies (FMS), Delhi University. He has been teaching Direct Taxes to students at various levels for more than 35 years. He is a Fellow of the Institute of Chartered Accountant of India (ICAI) and was a rank holder of both Intermediate and Final examinations of the Institute. He was a senior faculty member of Shriram College of Commerce (Delhi University) and also has been visiting faculty member of the Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI) and various management institutes. He had been nominated by the Government to the Central Council of the Institute of Company Secretaries of India for two terms. He is a Special Invitee to the Fiscal Law Committee of ICAI and Editorial Board of ICSI. He is also on the Board of Directors of many reputed companies and has a vast and rich experience in the field of Finance and Taxation. He has also been appointed by the Govt. of India to the Central Board of Director of State Bank of India.