CS Executive New Syllabus Tax Laws Important Topics

1. Characteristic of Good Taxation System
2. Canons Of Taxes
3. Economic significance of taxes
4. Differences between direct and indirect taxes
5. Briefly explain the tax structure in India

1. Definition of Assessee, Assessment Year, Previous Year
2. Capital And Revenue Receipts
3. Residential Status
4. Test Of Residency For Individuals, HUF And Company
5. Guiding Principles for Determination of Place of Effective Management (POEM) of a Company
6. Meaning And Scope Of Total Income
7. Income deemed to accrue or arise in India
8. Tax incidence vis-a-vis residential status
9. Computation Of Taxable Income And Tax Liability Of An Assessee
10. Tax Rates
11. Distinguish between Resident and Not Ordinary Resident

1. Agricultural Income
2. Income from growing and manufacturing of tea
3. Share of profit received by a partner from the firm
4. Interest to non-residents
5. Interest on notified savings certificates
6. Leave travel concession
7. Salary of a foreign employee and non-resident member of crew
8. Retrenchment compensation
9. Partial withdrawal from NPS
10. Allowances for meeting business expenditure
11. Income of Minor
12. Section 10AA

1. Basis Of Charge
2. Fully Taxable Allowances
3. Allowances not fully taxable
4. Special Allowances u/s 10(14)
5. Treatment of Commuted Pension
6. Gratuity
7. Leave Encashment
8. Perquisites
9. Motor Cars – Perquistier Valuation
10. Provident Funds
11. Deductions From Salary

1. Determination Of Annual Value
2. Deemed to be let-out property
3. Notional income from house property held as stock in trade
4. Deemed Ownership
5. What is the meaning of ‘Owner of House Property’ under Section 27 of the Income-tax Act, 1961?
6. In computing the income from house property what deductions are allowed from the net annual value?
7. How would you deal with the following while calculating the income under ‘Income from house property’: (a) Annual Charge. (b) Vacancy Allowance. (c) Unrealised Rent. (d) Income from house property situated in a foreign country.
8. Distinguish between Standard Rent and Expected Rent, Fair Rent and Annual Rent

1. Income Chargeable To Tax Under The Head Business Or Profession
2. Speculation Business
3. Ownership of Business is not Necessary for Taxability
4. Computation Of Profits Of Business Or Profession
5. Computation Of Income Under The Head “Profits And Gains From Business Or Profession
6. Depreciation
7. Repairs and insurance for Plant & Machinery, Furniture
8. Meaning of Block of Assets
9. Actual Cost
10. Calculation of Written Down Value of a block of asset
11. Scientific Research
12. Amortization of Preliminary Expenses
13. Certain Allowable Losses
14. Expenses Disallowed
15. Expenses Restricted
16. Deemed Profits
17. Special Provision For Computing Profits And Gains Of Business On Presumptive Basis

1. Capital Asset
2. Short-Term & Long-Term Assets
3. What doesn’t constitute Transfer?
4. Mode Of Computation
5. Capital Gains for Depreciable Assets
6. Capital Gains in respect of Slump Sale
7. Exemption Of Capital Gains
8. Capital Gain on Transfer of Residential House Property
9. Tax Rates
10. Distinguish between ‘Exemption to capital gains under section 54G’ and ‘exemption to capital gains under section 54GA’
11. Taxation of zero coupon bonds

1. Income Chargeable Under The Head ‘Income From Other Sources’
2. Casual Income
3. Taxation Of Dividends
4. Deductions Allowable
5. Amounts Not Deductible

1. Transfer Of Income
2. Income Of Spouse
3. Transfer For Immediate Or Deferred Benefit Of Son’s Wife
4. Clubbing Of Income Of Minor Child
5. Summary Of The Clubbing Provision
6. Set-Off
7. Carry-Forward Of Losses
8. Order of Set-off of losses
9. Section 72A

1. Deduction in respect of investments
2. Deduction for Contribution to Pension Fund
3. Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
4. Section 80GGA
5. Section 80-IB
6. Relief And Rebate In Respect Of Income-Tax
7. What conditions are to be satisfied in order to claim a deduction for donations made to certain funds or/ and charitable institutions?
8. Summary of Deductions under Chapter VI-A

1. Taxation Of Individuals
2. Taxation Of Hindu Undivided Families
3. Partition of a Hindu undivided family
4. Taxation Of Firms
5. Alternate Minimum Tax (Amt)
6. Electoral Trust
7. Explain the terms ‘Partition’, ‘Partial Partition’, and ‘Co-parceners’.
8. What is meant by Association of Persons? How is it formed?
9. Explain the difference between the change in constitution and succession of a firm.
10. What is the New Scheme of Taxation of a firm?
11. “Urban Consumers” Co-operative Society”
12. Explain the deductions which are allowed under Section 80P to arrive at the total income of a cooperative society.

1. Tax Incidence Under Income Tax Act, 1961
2. Corporate Taxation Rates
3. Minimum Alternate Tax (Mat)
4. Calculation of Book Profit
5. Mat Credit
6. Dividend Distribution Tax
7. Carbon Credit
8. Equalisation Levy
9. Tax Liability Of Companies In The Event Of Liquidation
10. Taxation Aspects Of Amalgamations, Mergers And Demergers

1. Tax Deduction Account Number
2. Tax Deducted At Source and its objectives
3. Premature Withdrawal from Employees’ Provident Fund Scheme
4. Winnings from Lotteries or Crossword Puzzles
5. Winnings from Horse Races
6. Tax Collection At Source
7. Time Limit For The Payment Of TDS To The Government
8. TDS Return
9. Advance Payment Of Tax
10. Self-Assessment Tax
11. Return Of Income
12. Exemption from filing of Return of Income
13. Interest for belated payment of Income-Tax
14. Refunds

1. Types Of Assessment
2. Best Judgment Assessment
3. Period Of Limitation To Prefer An Appeal
4. Powers Of The Commissioner (Appeals)
5. Revision By The Commissioner Of Income Tax
6. Revision Of Order In The Interest Of Assessee
7. Circumstances In Which No Revision Can Be Made
8. Summary Of Appeals
9. Under what circumstances is the Assessing Officer empowered to reopen the assessment made by him?
10. Explain the provisions with respect to appeals and revisions with reference to tax planning.
11. Compliance with legal formalities is less costly than the payment of penalty or interest due on taxes. Explain the statement briefing the defaults and penalties under the Income-tax Act.

1. Article 246A
2. Goods And Services Tax Council
3. Pre Gst Tax Structure & Deficiencies
4. Icsi-Gst Initiatives
5. Discuss the administrative machinery of GST in India.
6. Briefly discuss the Model of GST followed in India.

1. Presently not taxable under GST
2. Outside the scope of GST
3. Concept Of Supply – Schedule I, II and III
4. Composite & Mixed Supply
5. Composition Scheme
6. Reverse Charge Mechanism
7. Exemptions under GST
8. Distinguish between General and Specific Exemptions.

1. Place Of Supply
2. Time Of Supply
3. Value Of Taxable Supply
4. Discuss the treatment of discounts in determining the value of supplies
5. List out the supplies which are in the nature of interstate supply under IGST Act, 2017

1. Eligibility And Conditions For Taking Input Tax Credit
2. Apportionment of credit and blocked credits
3. Availability of Input Tax Credit in Special Cases
4. Goods Sent To Job Worker
5. Input Service Distributor
6. Utilization of ITC

1. Persons liable for Registration
2. Persons not liable to register
3. Cancellation of Registration
4. Revocation of cancellation of registration
5. Credit / Debit Notes
6. Delivery Challan
7. Period of retention of accounts
8. Electronic Way Bills
9. Payment of tax
10. Electronic Cash and Credit Ledger
11. Refund of tax
12. Refund of unutilised input tax credit
13. Special Audit
14. Discuss types of Audit under the GST Law
15. What are the provisions of Interest on delayed refunds?

1. Relevance of IGST
2. Levy and Collection Under IGST, Act 2017
3. Applicability Of The UTGST Act, 2017
4. Exemption From Gst
5. Input Tax Credit On Input Stocks
6. Switch Over From Composition Levy
7. Advance Ruling
8. Salient Features Of GST (Compensation To States) Act, 2017
9. Base Year Revenue
10. What is the working mechanism to compensate states under GST (Compensation to States) Act, 2017? Who are the authorities under UTGST Act, 2017?

1. Types Of Customs Duties
2. Valuation for Customs Duty and its Rules
3. Administration Of Customs Law
4. Procedure for Import through Sea Route
5. Procedure for Export through Sea Route
6. Transit and Transhipment
7. Warehousing
8. Duty Drawback
9. Refund
10. Settlement Commission

CS Executive New Syllabus Module 1 Important Topics

How to Prepare CS Executive New Syllabus Module 1 ?

1. CS Executive New Syllabus Company Law Important Topics
2. CS Executive Jurisprudence Interpretation and General Laws Important Topics
3. CS Executive New Syllabus Tax Laws Important Topics
4. CS Executive Setting Up of Business Entities and Closure Important Topics

1. How to Prepare CS Executive New Syllabus Company Law ?
2. How to Prepare CS Executive Jurisprudence Interpretation and General Laws ?
3. How to Prepare CS Executive New Syllabus Tax Laws ?
4. How to Prepare CS Executive Setting Up of Business Entities and Closure ?

CS Executive New Syllabus Module 2 Important Topics

How to Prepare CS Executive New Syllabus Module 2

1. CS Executive Securities Laws and Capital Market Important Topics
2. CS Executive Corporate and Management Accounting Important Topics Important Topics
3. CS Executive Financial and Strategic Management Important Topics
4. CS Executive Economic Business and Commercial Laws Important Topics

1. How to Prepare CS Executive Securities Laws and Capital Market ?
2. How to Prepare CS Executive Corporate and Management Accounting Important Topics ?
3. How to Prepare CS Executive Financial and Strategic Management ?
4. How to Prepare CS Executive Economic Business and Commercial Laws ?