Project Report on

TAX AVOIDENCE AND TAX EVASION

By, ANUPAM BEOHAR

Trimester, Xth

Submitted to, Prof. Gaurav Shukla

Subject, INCOME TAX

MATS Law School

Table of content
1. Acknowledgement...04 2. Introduction......05 3. Background......06 4. Set-off within the same head of income or inter head head off (section70)....07 5. Inter head adjustment (section71)....07 6. Inter source adjustment (section70)..08 7. Inter head adjustment(section71)......09 8. Set off and carry forward of loss from house property(section71B)........10 9. Carry forwarded and set off business losses(section 72&80)...11 10.Amalgamation.(section72A).13 11.Conversion of a company into LLP (section 72(6aA)..15 12.Carry forward and set off of losses by specified business (section 73A)..16 13.Carry forward and set off of losses in case of changes in constitutions of firm and succession (section 78)...17 14.In case of closely held companies (section 79).18 15.Conclusion.19 16. Bibliography 20

Acknowledgement
ACKNOWLEDGEMENT
Gratitude is the noble response of ones soul to kindness or help generously rendered by another and its acknowledgment is a duty and joyance. So it is that I express briefly my debt to those who have made the creation of this project possible. I thank the almighty, Lord on whom I believe and depend on. My each and every achievement is nothing but a look of the God on me. I am deeply indebted to Mr. Gaurav Shukla, Asst. Professor, MATS Law School, for allotting me this topic and constantly guiding and encouraging me to undertake and complete this project. I am thankful for his patient disposition and unconditional support throughout my project. Then I sincerely thank to our Director Dr. G.P. Tripathi and the faculty of the MATS Law School for giving me opportunity and facility to complete this work. Last but never the least I extend my wholehearted thankfulness to my family and friends who helped me a lot to complete the project.

Anupam Beohar 10th Trimester B.B.A. L.L.B (Hons.)