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Introduction to tax

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premarhea

Tax and history

Education
1 of 15
INCOME TAX ACT 1 Dr. R. PREMA Associate Professor in Commerce CA Income Tax Law and Practice
Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 2 Tax Taxore Estimate
Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 3 Compulsory Extraction Imposed Financial Charge Not a Voluntary Payment / Donation
Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 4 Major Source of Revenue Different Aspects Income Wealth Sales
Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 5 Expenditure Service Provided Production Import Export etc.
Constitution Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 6 Article 246 ( Seventh Schedule ) List I – Central List List II – State List List III – Concurrent List
History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 7 Artha Sashtra – Chankya உறுப ொருளும் உல்கு ப ொருளும்தன் ஒன்னொர்த் பதறுப ொருளும் வேந்தன் ப ொருள். Unclaimed wealth, wealth acquired by taxes, and wealth (got) by conquest of foes are (all) the wealth of the king.
History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 8 Scotsman named James Wilson, the founder of what is today the global behemoth Standard Chartered Bank. He was also the founder of the widely read magazine 'The Economist'.
History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 9 1857 The Great Indian Revolt Sir James Wilson 1860 Budget
Types Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 10 Tax Direct Tax Indirect Tax
Direct Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 11 Income Tax Wealth Tax
Indirect Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 12 GST Central Excise Duty Customs Duty
Features of Income Tax in India Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 13 Levied as per the Constitution Levied by Central Government Direct Tax Annual Tax Tax on Person
Features of Income Tax in India Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 14 Tax on Income Previous Year and Assessment Year Charged at prescribed Rate CBDT Applicability
15

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Introduction to tax

  • 1. INCOME TAX ACT 1 Dr. R. PREMA Associate Professor in Commerce CA Income Tax Law and Practice
  • 2. Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 2 Tax Taxore Estimate
  • 3. Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 3 Compulsory Extraction Imposed Financial Charge Not a Voluntary Payment / Donation
  • 4. Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 4 Major Source of Revenue Different Aspects Income Wealth Sales
  • 5. Indian Taxation Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 5 Expenditure Service Provided Production Import Export etc.
  • 6. Constitution Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 6 Article 246 ( Seventh Schedule ) List I – Central List List II – State List List III – Concurrent List
  • 7. History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 7 Artha Sashtra – Chankya உறுப ொருளும் உல்கு ப ொருளும்தன் ஒன்னொர்த் பதறுப ொருளும் வேந்தன் ப ொருள். Unclaimed wealth, wealth acquired by taxes, and wealth (got) by conquest of foes are (all) the wealth of the king.
  • 8. History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 8 Scotsman named James Wilson, the founder of what is today the global behemoth Standard Chartered Bank. He was also the founder of the widely read magazine 'The Economist'.
  • 9. History Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 9 1857 The Great Indian Revolt Sir James Wilson 1860 Budget
  • 10. Types Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 10 Tax Direct Tax Indirect Tax
  • 11. Direct Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 11 Income Tax Wealth Tax
  • 12. Indirect Tax Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 12 GST Central Excise Duty Customs Duty
  • 13. Features of Income Tax in India Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 13 Levied as per the Constitution Levied by Central Government Direct Tax Annual Tax Tax on Person
  • 14. Features of Income Tax in India Dr. N.G.P. Arts and Science College Coimbatore, Tamil Nadu, India 14 Tax on Income Previous Year and Assessment Year Charged at prescribed Rate CBDT Applicability
  • 15. 15