Module 01 INTRODUCTION TO TAXATION
Legal enactments governing Income Tax in India
The Indian taxation system has evolved significantly over the centuries, shaped by various socio-...
Overview of basic Concepts
1. Assessee Definition: An "assessee" is any person who is liable to pay taxes or any other sum ...
Determination of residential status
Residential Status Under Income Tax Act Determining the residential status of an individual or en...
Kinds of income
Income can be derived from various sources, and the nature of this income can vary significantly....
Incidence of tax
The concept of tax incidence is a fundamental aspect of tax policy and economics, addressing a ke...
Tax free incomes
In India, taxpayers often seek ways to reduce their tax liability through various exemptions prov...
Capital and Revenue Expenditure
Capital Expenditure vs. Revenue Expenditure - Under the Income Tax Act Since the Income Tax Act d...