Course Objectives
• To enable the students to learn principles and concepts of Taxation
• Students will be versed in the fundamental concepts of Income Tax and different aspects of tax
.• Students can understand Income Tax system properly, and can get the knowledge of different tax provisions.
• Students will be able to demonstrate progressive learning of various tax issues and tax forms related to individuals. Students will be able to demonstrate knowledge in setting up a computerized set of accounting books
• To give knowledge about preparation of Computation of Incomes and Submission of Income Tax Return under the Income Tax Act, 1961.
• To understand Basic concepts regarding Income, Previous & Assessment Year
• Providing knowledge about difference between Direct and Indirect Tax.
• Student’s Capability to apply theoretical knowledge in practical situation will be increased.
• The student will get thorough knowledge on the tax practice prevailing in Various Heads of Incomes
• To find out the technical expertise in maintaining the Computation of Incomes related
to Deduction under chapter VI A
Programme Specific Outcomes
PSO 1- Understand the application of business Knowledge in both theoretical and practical aspects.
PSO 2- Determine the procedures and schedules to be followed on preparing financial statements of Companies.
PSO 3- File Income tax return and compute the tax liability of individuals
PSO 4- Develop proficiency in the management of an organisation PSO 5- Attain skills in conducting business transactions online
PSO6 - Learn the basic skills for the effective utilisation of funds
PSO7 - Follow the ethics pertaining to business transactions
