St.
Vincent Pallotti College,
Chellikere, Kalyan Nagar,Bengaluru-560043
ORIENTATION PROGRAM ON CURRICULUM DESIGN AND DELIVERY
VI Semester BCOM Course (NEP), BNU
Dated: 2nd April 2024
Course Code: BCOM 6.2
Income Tax Law & Practice-II
Resource Person Rapporteur
Dr. Ashwini K Mrs. Ayesha Sultana
Principal Assistant professor
Cambridge Degree College, Government First Grade College,
K R Puram, Bangalore Kolar
Ph. No: 98454323314 Ph.No:8892327833
The following report prepared after productive discussion with the participants at the session. During
deliberation, it was decided to focus on module 2,3,4 & 5 for skill based questions. Faculties are
informed to invite an auditor to guide students on how to file returns, identify the different heads of
income and to demonstrate the computation of total income of an Individual.
Module: 1 Profits and Gains of Business and Profession
Possible Question for 2 marks Meaning of Business ,Profession, Vocation, depreciation
Possible Question for 4 marks State whether the following expenses are admissible or not.
Possible Question for 10 marks Problem on Computation of Income from Business of a sole
trader.
Problem on Computation of Income from Profession(Medical
Practitioner/Advocate/Chartered Accountants)
Module: 2 Capital Gains
Possible Question for 2 marks Define capital gains
State the types of capital assets
Transfer of assets
Possible Question for 4 marks Problem on computation of STCG
Problem on computation of LTCG
Possible Question for 10 marks Problem on computation of LTCG (3 to 4 assets with
any one deduction u/s 54)
Possible Question for 8 marks Provisions of Section 54, 54B, 54F etc
Module: 3 Income from Other Sources
Possible Question for 2 marks Example for taxable income
Meaning of commercial securities(tax free /less tax) Bond
washing transaction, casual income, family pension
Possible Question for 4 marks Problems on computation of IOS (Securities).
Write any 8 incomes which are chargeable under the
head IOS.
Possible Question for 10 marks Problem on Computation of Income from other sources.
Module: 4 Set-off & Carry Forward of Losses,Chapter VI A, deductions,
TDS & Advance tax
Possible Question for 2 marks Set off losses, Meaning of any deductions from 80c to 80 u
Possible Question for 4 marks Provisions of set off and carry forward (any 2 losses)
Simple problem on the calculation of total deductions u/s
80C to 80U.
Provisions of deductions u/s 80 C, 80 D, 80 G (any one)
Possible Question for 10 marks Problems on Computation of Total income of an individual
(with few incomes and deduction) and calculation of tax
liability. (Old Regime)
Possible Question for 8 marks Computation of taxable income of an Individual (Aged below
60 years) with income from minimum 4 heads and deductions
from minimum 4 sections. (Imaginary figures)
Module: 5 Assessment procedure
Possible Question for 2 marks PAN
Possible Question for 4 marks Types of assessment
Due dates for filing of returns
Possible Question for 8 marks Process of filing of returns (E –filing procedure) or
Procedure for obtaining PAN
Ashwini K
Resource Person Rapporteur
Dr.Ashwini Mrs. Ayesha Sultana
Principal Assistant Professor
