Fundamentals of Taxation - Income Tax Act 1961

In this course the learner is able to get to know about introduction to and overview of the fundamental concepts of income tax law. Topics include Introduction to Taxation, Direct and Indirect tax, Tax planning and Tax avoidance and Tax evasion, Residential Status and tax treatment of Residential status.

Course Introduction .
Introduction to Tax .
Types of Tax .
Income Tax Act 1961 .
Basic concepts of Tax .
Person Section 2(31) .
Assessee 2(7) .
Various Heads of Income .
Gross Total Income .
Tax Planning, Avoidance and Evasion .
Residential Status .
Summary .