The document contains an assignment for an Income Tax Law and Practice class, with 39 topics related to income tax that are to be researched and written about by students, including topics on the history of income tax in India, types of assessees, residential status, salary income, exemptions, deductions, and capital gains. Students are assigned individual topics to research and are provided a due date of March 31, 2022 to submit their assignments. The topics cover various aspects of income tax law and calculations in India.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
143 views2 pages
Assignment I (ITLP) B.com (H) IV
The document contains an assignment for an Income Tax Law and Practice class, with 39 topics related to income tax that are to be researched and written about by students, including topics on the history of income tax in India, types of assessees, residential status, salary income, exemptions, deductions, and capital gains. Students are assigned individual topics to research and are provided a due date of March 31, 2022 to submit their assignments. The topics cover various aspects of income tax law and calculations in India.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2
Assignment –I
Class: B. Com(H)-IV
Income Tax Law & Practice (BCOM 403-18)
Date of Allotment: 25/03/2022 Date of Submission: 31/03/2022
Sr. No. Roll No. Topic
1 2028408 History of Income Tax in India 2 2028409 Assessee, Deemed Assessee and Assessee in default 3 2028410 Person, Gross Total Income and Total Income 4 2028411 Previous Year and Exceptions to the rule of PY 5 2028412 Slabs of Income Tax for AY 2020-21 6 2028413 Residential Status of Individual 7 2028414 Residential Status of HUF 8 Incidence of Tax, (Scope of Total Income) 2028415 with numerical example 9 2028416 Agricultural Income 10 Agriculture Income Rs. 50,000. Non- Agriculture Income 2028417 Rs. 4,94,000. Compute Tax Liability. 11 2028418 Residential Status of Firm 12 2028419 Residential Status of Company 13 2028420 Assessment of Agriculture Income 14 2028421 Fully Taxable Allowances 15 Case I) Total Income Rs. 5,00,000. Case-II)Total Income Rs. 6,00,000 Compute Tax Liability according to the existing slabs(AY 2020-21) and new slabs 2028422 of Income Tax(AY 2021-22) 16 2028424 Features of Salary Income 17 Integration of Agricultural Income with Non Agricultural 2028425 Income 18 New Slabs of Income Tax given in Finance Budget 2028426 presented on 1st Feb, 2022 19 2028427 Partly Taxable Allowances 20 2028428 Perquisites taxable in case of all types of employees. 21 2028429 Perquisite of Car 22 2028430 Perquisites taxable in case of Specified employees. 23 2028431 Perquisite of Rent Free House 24 2028432 Deductions from Salary 25 2028433 Numerical example of Salary 26 2028434 Exempted Incomes 27 2028435 Valuation of Rent Free House 28 2028436 HRA and Entertainment Allowance 29 2028437 Perquisite of Gas, Electricity and Water 30 2028439 Provident Funds 31 2028440 Non Taxable Allowances 32 2028441 Deductions from salary income 33 2028442 Incomes exempt from tax 34 2028443 Perquisite of Education 35 2028444 Numerical example of Salary 36 2028445 Average Rate of Tax and Maximum Marginal Rate of Tax 37 2028446 Numerical Example on Scope of total income 38 2028447 Capital and Revenue Incomes and Expenditures 39 2028448 RPF and its tax implication