In this course the learner is able to get to know about introduction to and overview of the fundamental concepts of income tax law. Topics include Introduction to Taxation, Direct and Indirect tax, Tax planning and Tax avoidance and Tax evasion, Residential Status and tax treatment of Residential status.
Fundamentals of Taxation - Income Tax Act 1961
Overview
Syllabus
Course Introduction .
Introduction to Tax .
Types of Tax .
Income Tax Act 1961 .
Basic concepts of Tax .
Person Section 2(31) .
Assessee 2(7) .
Various Heads of Income .
Gross Total Income .
Tax Planning, Avoidance and Evasion .
Residential Status .
Summary .
Taught by
Great Learning
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Reviews
3.3 rating, based on 3 Class Central reviews
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The fundamentals of taxation course offers a comprehensive overview of tax principles, providing a solid foundation for understanding the complex world of taxation. Through clear explanations and practical examples, students gain insight into key concepts such as tax incidence, deductions, and credits. The course delves into various types of taxes, including income, sales, and property, offering a well-rounded perspective. Additionally, discussions on tax policy and ethical considerations enrich the learning experience. Overall, this course equips learners with essential knowledge and skills essential for navigating the intricacies of taxation, making it a valuable asset for students pursuing careers in accounting, finance, or law
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Ganesh KThe fundamentals of taxation course offers a comprehensive overview of tax principles, providing a solid foundation for understanding the complex world of taxation. Through clear explanations and practical examples, students gain insight into key concepts such as tax incidence, deductions, and credits. The course delves into various types of taxes, including income, sales, and property, offering a well-rounded perspective. Additionally, discussions on tax policy and ethical considerations enrich the learning experience. Overall, this course equips learners with essential knowledge and skills essential for navigating the intricacies of taxation, making it a valuable asset for students pursuing careers in accounting, finance, or law. -
The fundamental tax course taught a couple things people should know about. Direct and indirect tax and why you should pay following years not to have penalties.
