,

ICFAI Foundation for Higher Education, Hyderabad

(Declared as Deemed-to-be university u/s 3 of the UGC Act 1956)

Project Proposal
A Study on

PERSONAL INCOME TAX LAW

AND

PROCESS OF FILING ITR

Internship at
Advocate, Raman Guota

3, AJIT NAGAR, PATIALA

Faculty Guide Project Guide

Dr Jayanti Reddy Advocate, Raman Gupta

Submitted By

NISHTHA CHOPRA

20FLICHH010057

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 Index

Sr No. Content Page No.

1) Organisation Profile 3

2) Synopsis of the Project 4

3) Objectives Of The Project 4

4) Methodology 5

5) Limitations 5

6) Schedule 5

7) Bibliography 6

2
 Organisation Profile
Advocate Raman Gupta is practising Income Tax lawyer and GST Consultant. The office is
situated at 3 Ajit Nagar, Patiala. Mr. Raman Gupta has been dealing with individual Income
Tax cases, corporate Income Tax cases and GST cases. His office is also filing Income tax
return of his salaried customers.

The Firm has built a formidable reputation for its consistent high performance. The Firm has
been dealing in district court of Patiala as well as Punjab and Haryana High Court. It is also
dealing in Income Tax Appellate Tribunal.

Practice Areas

 Income Tax Consultant

 GST Consultant
 Personal Income Tax
 Corporate Income Tax
 Court Cases related to Income Tax
 Income Tax Appellate Tribunal
 Court Cases related to GST

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Synopsis of the Project
The legal internship will involve interweaving theoretical knowledge of the income tax law
with the practical work done in corporate firms along with extensive research on various
fields of law and court rulings.

My project in this internship is to study about personal income tax law and its different
sections and to know about different work flow stages in filling of income tax return. It
involves knowing and providing assistance in meeting the clients, understanding their
requirement, collecting documents for KYC of clients, proper filing and record keeping of
documents. It includes checking of all needed documents, making Login at Income Tax
Portal, and filling of their on line income tax return. It also includes studying of various court
rulings, landmark judgements, compiling of some cases and giving of analysis and
suggestions which will help in the development of the case.

Objectives of the Project

 To Study the Indian Income Tax act, 1961.

 To learn about interacting with clients

 To assist the organisation with document keeping, file arranging and data
management.

 To get familiar with Income tax return portal and assist in filing ITR of salaried
clients.

 To assist in proof reading and preparation of Case briefs.

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Methodology

 By studying Income Tax laws.

 By noting down the valuable advice/ instructions of my Project Guide

 By placing records alphabetically so that record can be found easily.

 By following due checks and balances in filing ITR of customers.

 Studying of various court rulings, landmark judgements, compiling of income tax

related cases and giving of analysis and suggestions which will help in the
development of the pending income tax cases

Limitations

The project is limited to paralegal work like doing researches, handling the paperwork,
managing data of clients as well as compilation of cases as required by the office. Due to
confidential nature of the documents in the office, names and details of facts have not been
included in the project.

This scope of this project is limited to study of income tax law and case related to salaried
customers only.

Schedule
4 Week schedule is as under:

Week-1-2: To Know/ become familiar about work being done at the Project Guide
Organization; Study of income tax law and its various important sections. Going through
cases files of some clients and assisting my project guide in getting client KYC done,
document collection, filling of documents, record keeping of documents, Login Creation at
Income Tax Portal and filling of client Information

Week 3-4: learning and assisting my Project Guide in checking documents like Form-16,
documents for Tax Rebate, verifying Tax Credit at Portal, checking information in 26AS
Filling of Income Tax return of salaried clients. Helping my Project Guide in studying of
various court rulings, landmark judgements, compiling of income tax related cases and giving
of analysis and suggestions which will help in the development of the pending income tax
cases.

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BIBLIOGRAPY

I. Books & Bare Acts

1. Padhuka's Personal Income Tax for Financial Year 2020-2021 by G.Sekar

2. Simplified approach to income tax by Girish Ahuja

3. Taxmann's Students' Guide to Income Tax by Dr. Vinod K Singhania and Dr. Monica
Singhania

4. Income Tax Act, 1961

II. On line Journals and Databases

 Manupatra
 SCC Online
 Indian Kanoon

III. Websites

 https://www.incometaxindia.gov.in

 https://www.incometax.gov.in/iec/foportal/