Overview

The Institute of Cost Accountants of India introduced Paper-7 Direct Taxation in CMA Intermediate Syllabus to obtain an understanding of the direct tax laws in effect for the relevant previous year, as well as procedural elements of tax assessment for different assessees. This is possible since our educators have a strong mastery of these topics and have done so for many years.

UNICUS ACADEMY is a one stop solution for all your learning needs

Outline of Syllabus

• Income Tax Act

   Basic Concepts and definitions
   Capital and Revenue Receipts
   scope of total income
   Residential status

• Income, which do not form part of total income
• Heads of Income and Computation of Total Income and Tax Liability

   Salaries
   Income from House Property
   Profits and Gains of Business or Profession
   Capital Gains
   Income from Other Sources

• Clubbing Provisions, set off and carry forward of losses, deductions
• Assessment of income and tax liability of different persons
• Tax Deduction at Source (excluding sections relevant to non-residents)
• Tax Collected at Source
• Advance Tax
• Administrative Procedures
• ICDS

About this Bundle

Hey Learner,
Welcome to PAPER 7: DIRECT TAXATION course.
Our bundle offers,
• E-learning lectures that provide comprehensive conceptual explanations of the study material
• Lecture Notes
• Practical tests to assess students’ time management skills, identify knowledge gaps, and prepare them for exams with increased confidence.
• Views without limits

Contents of the Bundle in detail