SEMESTER 1I – TAXATION-II C4 15AR203 Objective: The objective of the syllabus under this paper is to expose the students to the various important provisions of Tax relating to computation of Income of corporate assessee Module 1: Introduction to Corporate Tax 5 Hrs – Brief history of Corporate Tax Legal Frame work Finance Bill Scope of – – – corporation tax Residential Status and Incidence of Tax on companies - tax evasion and tax avoidance; Nature and scope of tax planning and management in the corporate sector Module 2: Computation of Corporate Tax 15 hrs Computation of corporate tax: Carry forward and set off of losses in the case of certain companies under Sec. 79 of Income -tax Act, 1961; Computation of taxable income of companies; Computation of the amount of corporate tax liability; Minimum Alternate Tax. Module 3: 15 hrs
SEMESTER – 1I TAXATION-II C4 15AR203 Objective: The objective of the syllabus under this paper is to expose the students to the various important provisions of Tax relating to computation of Income of corporate assessee Module – 1: Introduction to Corporate Tax 5 Hrs Brief history of Corporate Tax – Legal Frame work – Finance Bill – Scope of corporation tax Residential Status and Incidence of Tax on companies - tax evasion and tax avoidance; Nature and scope of tax planning and management in the corporate sector Module 2: Computation of Corporate Tax 15 hrs Computation of corporate tax: Carry forward and set off of losses in the case of certain companies under Sec. 79 of Income -tax Act, 1961; Computation of taxable income of companies; Computation of the amount of corporate tax liability; Minimum Alternate Tax. Module 3: 15 hrs