Concise presentation of the provisions of the Income-tax Law as amended by the Finance Act, 2021 relevant for CA Intermediate Course and B. Com Examinations. ➢ Updated rules, important circulars, notifications and case law as reported up to October 2021 are cited. ➢ Broad overview of concepts and general principles relating to Income-tax Law and Goods and Service Tax Law, with apt illustrations have been given for easy understanding. ➢ Easy approach to learn the principles relating to computation of taxable income under each head of income together with suitable formats prescribed. Apt illustrations, case studies and exercises are provided. ➢ For Practice of student’s multiple-choice questions (MCQ) have been included at the end of this book. ➢ “Summary of Key points” is provided at the end of each chapter so as to enable the students to comprehend and grasp the subject in an effective manner. ➢ Select questions of past 22 examinations of The Institute of Chartered Accountants of India, suitably modified and answered on the basis of law applicable for the assessment year 2022-23, are included chapter wise. Problems on computation of total income and tax liability are solved exclusively. ➢ Recent amendments, though incorporated at appropriate places, are separately listed in Appendix in order to enable effective revision by the students. ➢ Topic wise exclusions from the Syllabus of CA Intermediate Course as per the ICAI study guidelines have been dealt accordingly.

About Students Handbook on TAXATION
(Includes Income-Tax Law and Goods and Service Tax Law)

ASSESSMENT YEAR 2022-2023

For Old and New Syllabus

For B.Com, CA Intermediate Course (New) – November 2021 Examinations and
CA-IPCC (Old) – November 2021 Examinations

INCOME TAX

1. Preliminary
2 Basis of Charges
3. Incomes which do not form part of Total Income
4. Computation of Total Income
4A . Salaries
5. Income from House Property
6. Profits and Gains of Business or Profession .
7. Capital Gains
8.. Income from Other Sources
9. Income of Other Persons, included in Assessee’s Total Income
10 Aggregation of Income and Set Off or Carry Forward of Loss
11 Deduction to be made in Computing Total Income
12. Rebates and Relief
12A Heads of income at a Glance
13 Filing of Return of Income
14 . Tax Deducted at Source and introduction to tax collection at source
15. Advance Tax , Self Assessment and Interest
16 Revision – Problems on Computation of Total Income and Tax Liability

INDIRECT TAXES

17. GST Introduction
18. Taxable Supply
19. Charge of GST
20. Exemption from GST
21. Time of Supply and Value of Supply
22. Input Tax Credit
23. Registration
24. Tax Invoice, Credit and Debit Notes
25. Payment of Tax
26. Returns
27. Computation Problems