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Taxation · Unit 2

Residence, Heads of Income and Computation

Unit 2 of Law of Taxation (syllabus: Module 2 — residential status, exemptions, deductions and rebate, clubbing, set-off and carry forward of losses, the five heads of income, computing total income and tax liability, mergers and acquisitions, and TDS, TCS and advance tax). Below: what the unit covers, the provisions it turns on, and the cases an examiner expects you to name.

Exam questions on this unit