Unit – I Income Tax: Introduction – Tax Structure in India under Indian Income Act – Residential status of an individual – Scope of total income and its relation with tax

Unit – II Various Head of Income Salary Income – Income from house property – Profits and gains of business or profession – Income from other source - Tax Liability (Simple Problems)

Unit – III Corporate Tax Introduction – Concepts – Company – Residential status of company and its relation with tax – Receipt of income – Accrual of Income

Unit – IV : Taxation of Companies Tax on Distribution of Profit – MAT (Minimum Alternative Tax) - Taxation with reference to Newly Established Business – Location of Business – Nature of Business – Form of Business. (Simple Problems)

Unit – V: Other Direct Tax Estate Tax –Definition - Entitlement Tax - Types – Property tax – Capital Gain Tax – Professional Tax. (Simple Problems)