SUCCESS FOUNDATION

(The Tax Academy)

(Registered u/s 12AA & 80G of Income Tax Act 1961)
khWNthk;… khw;WNthk;…
Founder President & CEO: S.Sundar., B.com.,MBA.,B.L.,
Date: 07.02.2024

INCOME TAX SYLLABUS

1. BASIS OF INCOME TAX

2. DIRECT TAX & IN-DIRECT TAX
3. ASSESSMENT YEAR & ASSESSEE
4. RESIDENT & NON-RESIDENT
5. CITIZEN/SENIOR CITIZEN/SUPER SENIOR CITIZEN
6. ASSESSMENT YEAR & FINANCIAL YEAR
7. PAN/TAN – TDS/TCS

8. HEADS OF INCOME
(1) Income from Salary
(2) Income from House Property
(3) Profit and Gains of Business or Profession
(4) Capital Gain
(5) Income from other sources
(6) Set off and Carry Forward of Losses

9. NEW REGIME / OLD REGIME

10. TAX SLAB

236/24, Dr.PARI COMPLEX, KARUNGALPALAYAM, ERODE – 638 003.

93666 27427, 95 97 322 322
successsolution64@gmail.com
 SUCCESS FOUNDATION
(The Tax Academy)
(Registered u/s 12AA & 80G of Income Tax Act 1961)
khWNthk;… khw;WNthk;…
Founder President & CEO: S.Sundar., B.com.,MBA.,B.L.,

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11. DEDUCTIONS

(1) Housing Loan Interest – sec.24B

(2) 80C – Deductions
(3) Tuition Fees
(4) Housing loan Principles
(5) Life Insurance Premium
(6) ELSS Mutual Fund
(7) House Rent – 80GG
(8) Medical Insurance – 80D/80DD
(9) Interest on Electric Vehicle Loan – 80EEB
(10) Donation – 80G
(11) Contribution to Political party
(12) Interest on Savings a/c – 80TTA/80TTB
(13) NSC Interest
(14) Post office Time Deposit
(15) PF/PPF Contribution

12. TYPE OF BUSINESS ENTITY

(1) Individual
(2) Domestic Company
(3) Partnership Firm
(4) LLP
(5) HUF
(6) Trust
(7) AOP
(8) Co-Operative Society

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 13. INCOME TAX – FORMS

(1) ITR – 1 (SAHAJ)

(2) ITR – 2 Individuals and HUF not having Business Income
(3) ITR – 3 Individuals and HUF having Business Income
(4) ITR – 4 44AD, 44AE, 44ADA
(5) ITR – 5 FIRM & AOP
(6) ITR – 6 Companies
(7) ITR – 7 TRUST

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 GST SYLLABUS

1) Introduction of GST
2) Basic concept of GST
3) Need for GST/ Advantages for GST
4) Structure of GST
5) Subsuming of Taxes
6) Inter State/Intra State – Meaning

7) GST Registration
i) Documents required for Registration.
ii) Monthly Returns
iii) Amendments - Core Field/Non-Core Fields
iv) Forms – GSTR -1 & 3B
v) Due Date
vi) Annual Return

8) Basic Exemption Limit

i) Trading/Manufacturing & Service

9) Aggregate Turn over

10) Input Tax Credit

i) Meaning
ii) Eligibility
iii) Conditions

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 11) Reverse charge Mechanism under GST
i) Meaning
ii) Applicability

12) Tax type

i) CGST
ii) SGST
iii) IGST
iv) UTGST

13) GST Rates & HSN/SAC Code

14) GST Refund
15) GST Notices
a) Mismatch in details reported between GSTR – 1& 3B Scrutiny notice
b) Difference in input tax credit claims made in GSTR – 3B via – via GSTR 2B/2A.
c) The Input tax credit is wrongly availed or utilized.
d) Delay in filing of GSTR – 1 & GSTR – 3B consecutively for more than six months.

16) Composite and Mixed supply

17) Nature of Supply
a) Concept of supply
b) Time of supply
c) Place of supply
d) Zero Rated
e) Nil Rated
f) Exempted

18) E waybill
19) E Invoice
20) GST Returns Filing – Online Demo
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