Revised Syllabus of Taxation Paper IV (Direct Taxes II)
3.6.4 Taxation – Paper IV
Direct taxes – II
Modules at a Glance
| Sr. No. | Modules | No. of Lectures |
| 1 | Clubbing of Income | 05 |
| 2 | Set Off & Carry Forward of Losses | 05 |
| 3 | Computation of Tax liability of Individual & HUF | 05 |
| 4 | Computation of Income of Partnership Firm in
Relation to Sec: 40(b) & Tax Thereon With Applicable Rate of Tax |
15 |
| 5 | Return of Income – Sec 139 | 10 |
| 6 | Tax Deduction at Source
Advance Tax Interest Payable |
15 |
| 7 | DTAA U/S 90 & 91 | 5 |
| Total | 60 | |
| Sr. No. | Modules/ Units |
| 1 | Clubbing of Income – Section 60 to 65 |
| 2 | Set Off & Carry Forward of Losses |
| Sec: 70 – Set off Loss from one Source against Income from another Source under the Same Head of Income
Sec: 71 – Set Off Loss from One Head against Income of another Head Sec: 71B – Carry Forward & Set off Losses from House Property Sec: 72 – Carry Forward & Set Off of Losses of Business Losses Sec: 73- Losses in Speculation Business Sec: 74- Loss under the head Capital Gains |
|
| 3 | Computation of Tax liability of Individual & HUF |
| 4 | Computation of Income of Partnership Firm in
Relation to Sec: 40(b) & Tax Thereon With Applicable Rate of Tax |
| 5 | Return of Income – Sec 139 |
| Excluding u/s 139(4A), 139(4B), 139(4C) & 139 (4D) | |
| 6 | Tax Deduction at Source
Advance Tax U/S 207, 208, 209, 210 & 211 Interest Payable U/S 234A, 234B, 234C |
| Basic Aspects of Deduction of Taxes at Source
Sec: 192 – TDS on Salary Sec: 194A – TDS on Interest Sec: 194C – TDS on Contractor Sec: 194H – TDS on Commission Sec: 194I – TDS on Rent Sec: 194J – TDS on Professional Fees Advance Tax U/S 207, 208, 209, 210 & 211 Sec: 207 – Income Liable to Advance Tax Sec: 208 – Liability of Advance Tax Sec: 209 – Computation of Advance Tax Sec: 210 – Payment of Advance Tax by Assessee on His Own Account Sec: 211 – Due Dates of Payment of Advance Tax Interest Payable U/S 234A, 234B, 234C Sec: 234A – Interest for default in furnishing return of income Sec: 234B – Interest for default in payment of advance tax Sec: 234C – Interest for deferment of advance tax |
|
| 7 | DTAA U/S 90 & 91 |
Note:
- Relevant Law / Statute in force on 1st April immediately preceding commencement of Academic Year is applicable for ensuing examinations after relevant year.
- The syllabus is restricted to study of particular section/s, specifically mentioned rules and notifications only.
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