ARYAN INSTITUTE OF TECHNOLOGY

GHAZIABAD
LECTURE PLAN AND OUTLINE SYLLABUS

COURSE:- MBA(2009-2011)
SEMESTER:- 4th
SUBJECT:- TAX PLANNING AND MANAGEMENT.
SUBJECT CODE:-MBA FM 04
NO. OF LECTURE REQUIRED:- 40(FORTY)

FACULTY:- SARITA SRIVASTAV, e-mailid-srivastavsarita@yahoo.com,(M)-9716182207

OBJECTIVES :- The Objective of this course is to make the students aware of the taxation system
of India.How to calculate tax on the income of an individual and corporates.What are the criterias
given by the Income Tax Department for that and much more. The study of this course will enhance
the knowledge of the students. This course will make them aware of the INCOME TAX
ACT,1961 and the provisions there in.

PEDAGOGY :- Course materials will be presented by combining lectures with active classroom
discussions,in class and homework problems.

Session Plan :

Unit Topic Content No. of lectures Date Remarks

required
I Nature & Scope Of Nature of Tax Management 10 (Ten)
Tax Planning Objective of Tax Management
Tax Planning
Tax Avoidance & Evasion
Meaning Of Assessment Year &
Previous Year
Who is an Assessee?
Types of Assessee
Residential Status
Non – resident Indians.

II Tax On Individual Computation of Tax under the 10 (Ten)

Income heads of Salaries
Income from House Property
Profits & Gains of Business
Capital Gains
Income from Other Sources
TDS (Tax Deductible at source)
III Corporate Income Tax Concessions & incentives to 12 (Twelve)
Tax be taken for corporate decision
Tax Planning for Depriciation
Treatment of lossess &
 unabsorbed items
Carry forward and set off lossess
Tax and business reorganisations
i.e. merger & amalgamation
Tax Planning regarding
Employess Remuneration
Tax Appeals
Revision & Review
Wealth Tax on closely held
companies
Method of Valuation of assets
Procedure of filing of returns
Assessment
Appeals
Review
Revision & Rectification.

IV Central Excise What is Customs Act? 8 (Eight)

Act,1994 & Excise How Custom dusties Planning
Planning are done?
Discussions about Consumer
Protection Act 1962 &
Customers Planning
(Working Knowledge is required
for all these).

SUGGESTED READINGS :-

(1) Bhatia H L – Public Finance (Vikas, 1999, 20th Edition).

(2) Lakhotia R N – How to Save Wealth Tax (Vision Book 2001, 9th Edition).

(3) Prasad Bhagwati – Income Tax Law & Practice (Vishwa Prakashan).

(4) Santaram R – Tax Planning by Reports (Taxmann, 1978).

(5) Singhania V K – Direct Taxes, Law & Practice (Taxmann, 40th Edition).

(6) Datey V.S. - Indirect Taxes – Law & Practice (Taxmann, 20th Edition).

(7) Singhania V K, Singhania Monica – Student Guide to Income Tax (Taxmann).