Taxation of Financial Services – SYBBI Syllabus
Modules at a Glance
SR.NO | Module |
1 | Basic Concepts and Definitions of Income Tax Act / Rules |
2 | Taxation of income under different heads |
3 | (a)Provisions for deductions from total income
(b) Provisions regarding TDS (c) Provisions regarding Advance Tax |
4 | Service Tax Act |
Taxation of Financial Services – Syllabus Overview
SR.NO | Module |
1 | Basic Concepts and Definitions of Income Tax Act /Rules
Section 2 – Assessee, Assessment Year. Assessment, Annual value, Business, Capital asset, Income, Person, Previous year, Transfer. Section 3 – Previous Year, Section 6 – Residential Status, Scope Of Total Income, Deemed Income. Section 10 – Exempted Incomes Exemptions related to specific Head of Income to be covered with Relevant Provisions such as Salary, Income from Other Sources etc. |
2 | Taxation of income under different heads
Section 15 – 17 – Income from Salary, Section 22 – 27 – Income from House Property, Section 28 – 43 – Income from Business & Profession, Section 44 – 55 – Income from Capital Gain, Section 56 – 59 – Income from Other Sources. |
3 | a)Provisions for deductions from total income
Section 80 C – Investment in Government Securities, (b) Provisions regarding TDS (c) Provisions regarding Advance Tax |
4 | Service Tax Act
Section – 65 Definitions Section – 66B Charge of service tax on and after Finance Act, 2012 Section – 66D Negative list of services Section – 67 Valuation of taxable services for charging service tax Section – 67A Date of determination of rate of tax, value of taxable service and rate of exchange Section – 68 Payment of service tax Section – 69 Registration Section – 70 Furnishing of returns |
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