CA IPCC Taxation Study Plan Know your syllabus and expected level of knowledge It is important that you are aware of the scope of syllabus and the level of knowledge expected, so that you can plan your study accordingly. The syllabus of Part – I: Income-tax of IPCC Paper 4 : Taxation comprises of –
Important definitions in the Income-tax Act, 1961,Basis of charge, rates of taxes applicable for different types of assessees,Concepts of previous year and assessment year,Residential status and scope of total income,Incomes which do not form part of total income,Heads of income and the provisions governing computation of income under different heads,Income of other persons included in assessee‟s total income,Aggregation of income, set-off or carry forward and set-off of losses,Deductions from gross total income,Computation of total income and tax liability; rebates and reliefs,Provisions concerning advance tax and tax deduction at source andProvisions for filing return of income....