Business Taxation (MBA)

Income tax for individuals and companies, GST and the basics of tax planning for business decisions.

6 MonthsDuration 5Chapters28Topics

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Syllabus · पाठ्यक्रम

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01Unit 1: Basic Concepts of Income Tax 6 topics

Income-tax Act and Finance Act; Income-tax Act, 2025 in force from 1 April 2026
Person, assessee, income, previous year / tax year
Residential status of individuals and companies
Scope of total income
Exempt incomes
Old and new tax regimes

02Unit 2: Heads of Income 6 topics

Income from salaries: allowances and perquisites
Income from house property: annual value, standard deduction
Profits and gains of business or profession
Depreciation (block of assets)
Capital gains: short-term and long-term
Income from other sources

03Unit 3: Total Income & Tax Liability 6 topics

Clubbing and set-off and carry forward of losses
Deductions under Chapter VI-A (80C, 80D and others)
Computation of total income and tax for individuals
Rebate, surcharge and health and education cess
TDS, TCS and advance tax
Filing of returns

04Unit 4: Corporate Taxation 4 topics

Tax rates for domestic companies, concessional regimes
Minimum Alternate Tax (MAT)
Tax on dividends in the hands of shareholders
Tax issues in business decisions: make or buy, lease or buy

05Unit 5: Goods and Services Tax (GST) 6 topics

Concept and need of GST; 101st Constitutional Amendment
CGST, SGST / UTGST and IGST
Supply, time and place of supply
Input tax credit
Registration, composition scheme and returns
GST Council and e-way bill

About

You will be able to

Explain the basic concepts of income tax: person, assessee, residential status and heads of income
Compute income under salaries, house property, business / profession, capital gains and other sources at an introductory level
Compute total income after deductions and compare the old and new tax regimes
Explain the taxation of companies, MAT and TDS / advance tax basics
Explain the structure of GST: CGST, SGST, IGST, input tax credit and registration
Use tax considerations in simple business decisions

Who it is for

MBA students of Semester 3 (AKTU) - Finance, Human Resource, Marketing specialisations
Students who want to understand tax for finance, accounts or entrepreneurship roles

What you need

Completion of MBA Semester 1 and 2 (financial accounting basics)
Basic arithmetic and percentages

Questions

Which syllabus is followed?

The AKTU (Dr. A.P.J. Abdul Kalam Technical University, Lucknow) MBA syllabus of Business Taxation (Semester 3). If your own university's syllabus differs, the centre follows your university syllabus and units.

Which tax law is taught after the new Income-tax Act?

Concepts are taught as per the syllabus and the law applicable to your exam year; changes under the Income-tax Act, 2025 are explained alongside the older section numbers.

How will I be tested?

Unit-wise MCQ tests and a final paper at semester level, plus practice on short and long answer questions from previous university papers.