What You'll Learn

Fundamentals and framework of Direct Tax Laws

Scope, applicability and interpretation of the Income-tax Act

Total income and tax liability

Rresidential status and incidence of taxation

Salaries, House Property, PGBP, Capital Gains and Other Sources

Income that does not form part of total income

Clubbing of Income

Set-off and carry forward of losses

Deductions from Gross Total Income

Different types of entities

Companies, firms, LLPs, AOPs/BOIs and other entities

Trusts, institutions and political parties

Tax planning, tax avoidance and tax evasion

Digital transactions

TDS, TCS, advance tax and recovery of tax

Income-tax Authorities

Assessment procedure

Appeals, revision and dispute resolution

Miscellaneous tax compliances

COURSE CURRICULUM

Chapter 1 – Basic Concepts

  • Basic concepts of Income-tax
  • Definitions
  • Previous Year & Assessment Year
  • Residential Status
  • Scope of Total Income
  • Exemptions and taxable income
  • Tax rates and computation framework

Chapter 2 – Incomes Which Do Not Form Part of Total Income

  • Exempt incomes
  • Specific exemptions
  • Agricultural income
  • Income exempt under various provisions
  • Application of exemption provisions

Chapter 3 – Profits & Gains of Business or Profession

  • Meaning of business and profession
  • Computation of business income
  • Allowable and disallowable expenses
  • Depreciation
  • Business deductions
  • Presumptive taxation
  • Special provisions relating to business income

Chapter 4 – Capital Gains

  • Meaning of capital asset
  • Transfer of capital asset
  • Short-term and long-term capital gains
  • Computation of capital gains
  • Cost of acquisition and improvement
  • Exemptions from capital gains
  • Special provisions relating to capital gains

Chapter 5 – Income from Other Sources

  • Taxable incomes under this head
  • Dividends
  • Interest income
  • Gifts
  • Winnings
  • Deductions
  • Special provisions

Chapter 6 – Income of Other Persons Included in Assessee’s Total Income

  • Clubbing of income
  • Income of spouse
  • Minor child’s income
  • Transfer of assets
  • Revocable transfers
  • Other clubbing provisions

Chapter 7 – Aggregation of Income, Set-off or Carry Forward of Losses

  • Aggregation of income
  • Intra-head set-off
  • Inter-head set-off
  • Carry forward of losses
  • Set-off in subsequent years
  • Restrictions on carry forward

Chapter 8 – Deductions from Gross Total Income

  • Deductions under Chapter VI-A
  • Eligible deductions
  • Conditions for claiming deductions
  • Limits and restrictions
  • Computation of total income

Chapter 9 – Assessment of Various Entities

  • Individuals
  • HUF
  • Firms
  • LLPs
  • AOPs/BOIs
  • Companies
  • Co-operative societies
  • Tax computation for different entities

Chapter 10 – Assessment of Trusts, Institutions, Political Parties & Other Special Entities

  • Charitable trusts
  • Religious trusts
  • Educational institutions
  • Political parties
  • Special entities
  • Exemptions and conditions
  • Tax treatment and compliance

Chapter 11 – Tax Planning, Tax Avoidance & Tax Evasion

  • Meaning and scope
  • Tax planning
  • Tax avoidance
  • Tax evasion
  • Legitimate tax planning
  • Ethical and legal considerations
  • Anti-avoidance provisions

Chapter 12 – Taxation of Digital Transactions

  • Digital economy
  • Digital transactions
  • Equalisation Levy
  • Virtual Digital Assets
  • Taxation of digital/e-commerce transactions
  • Relevant compliance provisions

 

Chapter 13 – Deduction, Collection & Recovery of Tax

  • TDS
  • TCS
  • Advance Tax
  • Tax payment
  • Interest
  • Recovery of tax
  • Default and consequences

Chapter 14 – Income-tax Authorities

  • Income-tax Authorities
  • Powers and functions
  • Jurisdiction
  • Assessment authorities
  • Investigation and information powers

Chapter 15 – Assessment Procedure

  • Filing of returns
  • Types of assessment
  • Self-assessment
  • Summary assessment
  • Scrutiny assessment
  • Best judgement assessment
  • Reassessment
  • Assessment of escaped income

Chapter 16 – Appeals & Revision

  • Appeals
  • Appellate authorities
  • Procedure for filing appeals
  • Revision
  • Powers of revision authorities
  • Time limits and conditions

Chapter 17 – Dispute Resolution

  • Dispute resolution mechanisms
  • Alternative dispute resolution
  • Settlement mechanisms
  • Dispute resolution procedures
  • Related compliance requirements

Chapter 18 – Miscellaneous Provisions

  • Various procedural provisions
  • Interest
  • Refunds
  • Notices
  • Service of notices
  • PAN and related provisions
  • Other miscellaneous tax matters

Chapter 19 – Provisions to Counteract Unethical Tax Practices

  • Anti-abuse provisions
  • Tax evasion prevention
  • General Anti-Avoidance Rules
  • Measures against unethical tax practices
  • Consequences of non-compliance

Chapter 20 – Tax Audit & Ethical Compliances

  • Tax Audit
  • Applicability
  • Tax Audit Report
  • Auditor’s responsibilities
  • Reporting requirements
  • Ethical compliance
  • Professional responsibilities

 

Chapter 21 – Non-Resident Taxation

  • Residential status of non-residents
  • Taxability of non-residents
  • Income taxable in India
  • Business connection
  • Permanent Establishment
  • Special provisions for non-residents

Chapter 22 – Double Taxation Relief

  • Concept of double taxation
  • Unilateral relief
  • Bilateral relief
  • Double Taxation Avoidance Agreements
  • Foreign tax credit
  • Tax relief mechanisms

Chapter 23 – Advance Rulings

  • Concept of Advance Ruling
  • Eligibility
  • Application procedure
  • Authority for Advance Rulings
  • Binding nature
  • Procedure and consequences

Chapter 24 – Transfer Pricing

  • Arm’s Length Principle
  • International transactions
  • Associated enterprises
  • Specified domestic transactions
  • Methods of determining Arm’s Length Price
  • Documentation
  • Transfer Pricing assessment
  • Compliance and reporting

Chapter 25 – Fundamentals of BEPS

  • Base Erosion and Profit Shifting
  • BEPS framework
  • BEPS Action Plans
  • International tax challenges
  • Anti-BEPS measures
  • Multinational enterprise taxation

Chapter 26 – Application & Interpretation of Tax Treaties

  • Tax treaty framework
  • Treaty interpretation
  • Residence
  • Permanent Establishment
  • Business profits
  • Dividend
  • Interest
  • Royalty
  • Fees for technical services
  • Treaty benefits

Chapter 27 – Overview of Model Tax Conventions

  • OECD Model Tax Convention
  • UN Model Convention
  • Key provisions
  • Comparison of model conventions
  • Treaty principles

Chapter 28 – Latest Developments in International Taxation

  • Emerging international tax developments
  • Global tax reforms
  • Digital economy taxation
  • International anti-avoidance measures
  • Recent treaty developments
  • Emerging global tax standards

What Our Students Say

FREQUENTLY ASKED QUESTIONS

The course includes 30+ hours of HD video lectures, practical assignments, real-world case studies, and downloadable resources. Since you’ll receive lifetime access, you can complete the course at your own pace without any time restrictions.

Yes. Upon successfully completing the course, you’ll receive an Industry-Recognized Certificate of Completion that you can add to your resume, LinkedIn profile, or professional portfolio.

Absolutely. This course is designed for beginners, commerce students, working professionals, CA/CMA aspirants, finance executives, accountants, and business owners. Every concept is explained from the fundamentals to advanced practical applications.

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Yes. Once enrolled, you’ll receive 1 Year to all course videos, study materials, assignments, future updates, and any newly added content at no extra cost.

Yes. Along with the video lectures, you’ll receive:

  • Comprehensive PDF Notes
  • Practical Excel Templates
  • Cost Sheet Formats
  • Case Study Files
  • Assignment Worksheets
  • Practice Questions
  • Downloadable Reference Material