K2Questions Logo
LLM Degree MSc Degree MCom Degree MA Degree
         

Study Income Tax - MCom Subject

Module I
Income tax-History; basic concepts; previous year, assessment year, assessee, income;
agricultural income, casual income, person, average rate, marginal rate, capital and revenue
receipts and expenditure; tax evasion, tax avoidance and tax planning; return of income.
Residential status and tax incidence; scope of income; individual, HUF, firms, association of
persons, and body of individuals, companies, other persons.
Gross total income, total income, exempted incomes. Heads of income.
Module II
Computation of income under the head salaries – salaries and allowances, valuation of
perquisites, deductions. Computation of income under the head house property: valuation
of property; annual value; deductions.
Module III
Profits and gains of business or profession – deductions, expressly allowed and disallowed;
depreciation.
Capital gains – transfer; chargeability; short-term and long-term capital gains; cost of
acquisition; capital gains exempt from income tax.
Income from other sources – dividends, interest on security; deduction of tax at source; grossing
up; bond washing transaction; deductions.
Module IV
Clubbing of income; set off and carry forward of losses.
Agricultural income- tax treatment of agricultural income.
Deductions from gross total income u/s 80; rebate u/s 88, u/s 88 C, relief u/s 89 (1).
Module V
Computation of total income and tax liability of individual assesses – computation of total
income, assessment of individuals, computation of tax.
Filling of return of income, payment of tax over the counter and online tax payment.




MCom (Masters in Commerce) Subjects


ACCOUNTING FOR MANAGERIAL DECISIONS
ADVANCED FINANCIAL ACCOUNTING
Business Environment
COMMUNICATION SKILLS
ENTERPRISE RESOURCE PLANNING
FINANCIAL MANAGEMENT
FOREIGN TRADE MANAGEMENT
FOREIGN TRADE POLICY AND PROCEDURES
FUNDS MANAGEMENT IN BANKS AND INSURANCE
Human Resource Management
INCOME TAX
INDIAN FIANANCIAL SYSTEM
INFORMATION TECHNOLOGY FOR BUSINESS
INTERNATIONAL FINANCE
INTERNATIONAL MARKETING AND LOGISTICS MANAGEMENT
INTERNATIONAL MARKETING
INVESTMENT MANAGEMENT
Macroeconomics for business decision MCom Masters of Commerce
MANAGEMENT INFORMATION SYSTEMS
Marketing Management
MARKETING RESEARCH
OPERATIONS RESEARCH
QUANTITATIVE METHODS
RESEARCH METHODOLOGY
SALES MANAGEMENT AND ADVERTISING
STRATEGIC MANAGEMENT

About us | SiteMap | Terms of use | Privacy Policy | Disclaimer | Contact us | ©2010 K2Questions.com

Page Description: Income Tax MCom Subject, MCom Degree Income Tax, MCom Masters Degree Commerce Subject, Post Graduate Commerce Subject