This document provides an outline for a presentation on income tax concepts in India. It begins with an introduction to income tax and outlines key topics to be covered, including definitions of person and income. It then lists 5 situations where income may be taxed in the same previous year, such as for non-resident ship owners, persons leaving India, or those likely to transfer assets to avoid tax.

1. INCOME
TAX
HELLO EVERYONE
Presented by: prof Raman Dhiman

2. PRESENTATION OUTLINE
INCOME TAX
(BASIC CONCEPTS)

9. Short note on person

11. What is income?

13. SITUATIONS WHEN INCOME IS
TAXED IN SAME PREVIOUS YEAR:
Five such cases are listed below:
1. Section 172 : Shipping business income of non-resident
ship-owners.
2. Section 174: In cases of persons leaving India.
3. Section 174A: Assessment of any association of persons, body of
individuals or Artificial Juridical person formed or established only for
a limited perio.
4. 175: In case of persons who are likely to transfer their assets to
avoid tax.
5. Section 176: In case of discontinued business.