SEM 3

Objectives of the Course:
To impart basic knowledge about income tax rules and equip the students to compute total income of an individual.
1 Acquire knowledge regarding the basic concepts of Income Tax.
2 Able to compute the income from salary and house property.
3 Determine taxable profit of a business or profession.
4 Able to compute capital gain and income from other sources.
5 Able to calculate Gross Total Income of an individual.
6 Learner shall be able to determine eligible deductions and compute Taxable Income and 
tax liability of an individual.