= NOTES ON INCOME-TAX RAE ~1— Income-Tax (Common to all branches) REVENUE AUDIT EXAMINATION ASSISTANT AUDIT OFFICERS/AUDIT OFFICERSTABLE OF CONTENTS 8.No Subbjact Pages from to Syllabus for RAE 1,2,&10 i vi PART A: Notes on the provisions in the IT L 1_| Basic Concepts 1 4 2_ | Exempted incomes under Chapter Ill of the Acté& the Rules Exemptions under sections 10 to 13B 3 8 ‘Exemptions for Agricultural Income 9 10 Exemptions in Rule 2BB prescribed w/s 10(14) | 18 Heads of income 3_|ASalaries 19 | 33 4_| C.income from House Property 24 [25 3__|DProfits and Gains of Business or Profession 26 | 55 i Depreciation Tabee (Appendix I, Appendix I (old) & LA. 32 33 Presumptive Incomes 36 | 37 Certain Unexplained Incomes ~ taxation of (8.68 10 69D) _| 57 ‘Assessment of Firm and Partners 38 | 60 ‘Assessment of Association of Persons (AOP) 61 | 62 6 | E.Capital Gains @ | % Cost Infeation Judex i 7 _|Fncome from Other Sources 7 | 7 ‘Taxation of Gift Receipts 9 8_| Clubbing Provisions in the Act 80 ‘9 _| Set off and carry forward and set off of losses si | 84 10 | Chapter VIA deductions a | 93 11_| Double Taxation Avoidance 94 | 97 12_| Advance Tax and Interests payable by assesses & Government | 98 | 100 13 _| At Source Deductions (TDS) and Collections (TCS) of tax jor | 106 14 | Assessment and other procedures in the Act 307__| 108 15. | Revisory powers of the CIT, Certain incomes for which rates | 109 [Til are prescribed in the Act itself & powers of IT Authorities 16 | Settlement Commission, Advance Ruling i 17_| Supplementary notes on selected items 112 18 | Minimum Altemate Tax (MAT) 113_| 116 19 | Alternate Minimum Tax (AMT) 17 20 | AG's RA Mannat 11g | 123 Audit procedure 120. | 122 21 | Manual of Office Procedure (MOP) of IT Department 124 | 125 22__| Certain Miscellaneous Taxes brought into IT 126 [127 23_| Tax rates for various years 128 | 133