Hi friends, I am uploading a high quality PDF eBook/notes handout on the B.Com Third Year subject - Income Tax. I hope these notes on Income Tax will really help you prepare well for your B.Com semester exams.
Topics Covered in B.Com Third Year subject notes for Income Tax:
Topics Covered in B.Com Third Year subject notes for Income Tax:
- Scheme of income tax, assessment year, capital expenditure vs. Revenue expenditure, residential status
- Income from Salaries - leave encashment, gratuity, pension, allowances
- Income from house property - Deemed owner, exempted income, Computation of taxable income from let out House property (HP), Computation of GAV
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