Where capital gain arises to an individual from the transfer of a capital asset, being immovable property under a joint development agreement, the capital gain is chargeable to tax in the previous year in which the certificate of completion for whole or part of the project is issued by the competent authority.

Syllabus (with weightage): Section A : Income Tax Act Basics 10% 1. Introduction to Income Tax Act, 1961 2. Income which do not form part of Total Income (Section 10, 11 to 13A) Section B : Heads of Income and Computation of Total Income and Tax Liability 70% 3. Heads of Income and Computation of Total Income under various heads 4. Clubbing Provisions, Set off and Carry forward of Losses, Deductions 5. Assessment of Income and tax liability of different persons Section C : Tax Management, Administrative Procedures and ICDS 20% 6. TDS, TCS and Advance Tax 7. Administrative... Show more

Syllabus (with weightage):
Section A : Income Tax Act Basics 10%
1. Introduction to Income Tax Act, 1961
2. Income which do not form part of Total Income (Section 10, 11 to 13A)

Section B : Heads of Income and Computation of Total Income and Tax Liability 70%
3. Heads of Income and Computation of Total Income under various heads
4. Clubbing Provisions, Set off and Carry forward of Losses, Deductions
5. Assessment of Income and tax liability of different persons

Section C : Tax Management, Administrative Procedures and ICDS 20%
6. TDS, TCS and Advance Tax
7. Administrative Procedures
8. ICDS

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