Income Tax Law and Practice For B.Com Course of Gauhati, Dibrugarh, Assam, Bodoland, Rabindranath Tagore University and other Autonomous Colleges of Assam

Description

Income Tax Law and Practice For B.Com Course of Gauhati, Dibrugarh, Assam, Bodoland, Rabindranath Tagore University and other Autonomous Colleges of Assam

Income Tax Law and Practice is a well-structured textbook designed specifically for the B.Com course of Gauhati University, Dibrugarh University, Assam University, Bodoland University, Rabindranath Tagore University, and other autonomous colleges of Assam. This book provides a comprehensive study of the principles, rules, and applications of Indian Income Tax law, with a special focus on practical aspects relevant to commerce students.

The text covers fundamental concepts of taxation, including the scope of income, residential status, exempted incomes, computation of taxable income under different heads (salaries, house property, business/profession, capital gains, and other sources), as well as deductions, rebates, and reliefs available under the Income Tax Act. It also explains the assessment procedure, filing of returns, and tax administration in a student-friendly manner.

Special emphasis is given to practical problems, solved illustrations, and exercises to help learners build confidence in applying tax rules to real-life situations. The language is simple and accessible, making it suitable not only for classroom learning but also for self-study and exam preparation.

With its clear explanations and exam-oriented approach, this book is an essential resource for B.Com students of Assam and affiliated universities, ensuring a strong foundation in the study of Income Tax Law and Practice.