Income Tax Unit 1 Notes PDF

Download Income Tax Law and Practice Notes IPU. ITLP is taught in 5th semester of GGSIPU BBA program.

UNIT 1 Introduction to Income Tax Act 1961

• Salient features and Basic Concepts – Previous Year, Assessment Year
• Person
• Gross Total Income
• Agricultural Income
• Residential Status and Incidence of Tax
• Fully Exempted Incomes