- Basic concept Income, agricultural income, person, assesses, assessment year, previous year, gross total income,total income, Permanent Account Number (PAN)
- Residential status; Scope of total income on the basis of residential status
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Computation of income under different heads 1)Salaries 2)Income from house property 3)Profits and gains of business or profession 4)Capital gains 5)Income from other sources
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Income of other persons included in assesses total income
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Aggregation of income and set-off and carry forward of losses
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Deductions from gross total income
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Rebates and reliefs
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Computation of total income of individuals and firms
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Tax liability of an individual and firm
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Preparation of return of income