Taxation Laws(Law Of Income Tax) -Dr. Kailash Rai

Essential Concepts and Definitions.

Capital and Revenue

• Basis of Charge
• Computation of total Income
• Salary, Income from House Property
• Profits and Gain Of Business or Profession
• Depreciation Allowance and Development Rebate.
• Capital Gains
• income From Sources.
• Income of Other Persons Included in Assessee's Total Income.
• Set off and Carry Forward of Losses.
• Income which Do Not Form part of Total Income.
• Appeals, Revision and Special Provision For avoiding Repetitive Appeals.
• etc...