A Student who has passed the degree examination of this University or equivalent
thereto of any other StatutoryUniversity will be eligible to take admission for
Diploma in Taxation Laws course. |
Duration of the course will be one year. |
Scheme of Examination : |
The examination for the Diploma in Taxation Laws shall comprise of 4 papers of
100 marks each. |
R. 401 |
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A Student who has passed the degree examination of this University or equivalent
thereto of any other statutory University will be eligible to appear at the
Diploma in Taxation Laws examination provided that he attended a prescribed
course of Lecture conducted by this University. |
R. 420 |
Scheme of Examination |
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The examination for the Diploma in Taxation Laws shall comprise of 4 papers of
100 marks each. |
R. 421 |
Standard of Passing |
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a) |
The minumum number of marks for passing the examination shall be 40% in |
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each
individual paper and 50% in the aggregate. |
b) |
A candidate obtaining 50% and above but below 60% of marks in the |
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examination
shall be placed inthe Second Division. |
c) |
A candidate obtained 60% of marks and above in the examination shall be |
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placed
int he First Division. |
R. 422 |
Every candidate appearing at the Diploma in Taxation Laws examinations shall |
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be
examined in the fiollowing papers. |
Paper- I |
Principles of Taxation & Income Tax Laws |
100 Marks |
Paper- II |
Other Tax Laws |
100 Marks |
Paper- III |
Indirect Tax Laws |
100 Marks |
Paper- IV |
VAT and Allied Laws |
100 Marks |
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Each paper shall be of the Three hours duration |
R. 423 |
The following shall be the syllabus prescribed for the diploma examination. |
R. 537 |
A Candidate shall be exempted from appearing in the paper (s) at an |
|
examination provided he secures 40% marks in papers prescribed at the Diploma
Course. The following shall be the syllabus prescribed for the Diploma in
Taxation Laws Examination. All the Acts, Statutes, Laws and Rules referred
herein below shall be for study, as amended upto 30th June of the relevant
academic year. |
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Recently the Central Government and Maharashtra State government has revised and
implenmented new Acts i.e. VAT and Service Act and these changes in the Taxation
has brought certain major changes and at the same time some Tax Laws have become
redundant and therefore it is essential to include these New Laws so as to give
up to date knowledge to the students. |
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Considering these aspects the syllabvus hasbeen revised and the revised syllabus
had been made effective from June 2005. |
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Paper-I |
Principles of Taxation and Income Tax Laws |
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Income Tax Act, 1961 |
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Hindu Undivide Family |
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Partition |
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Theory |
80 marks |
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Practial |
20 marks |
Paper-II |
Other Tax Laws |
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i) Wealth Tax Act, 1957 |
40 marks |
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ii) Central Sales Tax Act |
30 marks |
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iii) Customs Act, 1962 |
30 marks |
Paper-Ill |
Indirect Tax Laws |
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i) Service Tax Act, 1994 |
70 marks |
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ii) Central Excise Act, 1944 |
30 marks |
Paper-IV |
VAT and Allied Laws |
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i) Mah. Value Added Tax Act, 2002 |
10 marks |
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ii) Professional Tax 1975 |
10 marks |
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iii) Luxuries Act, 1987 |
10 marks |
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LIST OF REFERENCE BOOKS |
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Test Books : |
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1) Taxation in India : |
by Wapter Praudo & Charles |
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K. Cobb and N. A. Palkhiwala. |
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2) Income Tax : |
by Range and Palkhiwala |
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Reference Books : |
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1) Fundamentals of Income Tax : |
by Dr. M. C. Copper and Bhagvati |
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Prashad. |
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2) Incidence of Taxation : |
by Editor by D. M. Nanjundappa |
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3) Elements of Income Tax & Profit : |
by Tax Law by C. N. Bettie |
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4) Taxation in India : |
by M. R. Pai |
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5) Income Tax Law and Practice : |
by Sukuma Bhattacharya |
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6) Income Tax Law and Practise : |
by O. P. Chopra |
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7) lyengar on Income Tax : |
by A. C. Sampath lyengar |
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8) Income Tax Law and Practice : |
by Rup Ram and Vishnu Seran Gupta |
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Text Books : |
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1) Income Tax : |
by Ranga and Palkhiwala |
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Income Tax Pleading, Conveyance And |
by R. Bhargava |
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Practice : |
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3) Three New Taxes : |
by A. C. Sampath lyengar |
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Wealth Tax, Gift Tax &
Company Sur Tax : |
by A. C. Sampath lyengar |
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