Business Taxation (BBA)

Income tax basics, heads of income, tax computation for individuals and an introduction to GST.

6 MonthsDuration 5Chapters23Topics

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Syllabus · पाठ्यक्रम

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01Unit 1: Basic Concepts 5 topics

Income-tax Act 1961 and the new Income-tax Act 2025 (tax year concept)
Person, assessee, income and heads of income
Previous year, assessment year and tax year
Residential status of an individual
Exempt incomes (introduction)

02Unit 2: Salary and House Property 4 topics

Salary: allowances, perquisites and standard deduction
Retirement benefits (introduction)
House property: gross and net annual value
Standard deduction and interest on housing loan

03Unit 3: Business, Capital Gains and Other Sources 4 topics

Profits and gains of business or profession: basic computation
Short-term and long-term capital assets
Computation of capital gains
Income from other sources: interest, dividends, lottery winnings

04Unit 4: Deductions and Computation of Tax 5 topics

Gross total income and deductions (80C, 80D under the old regime)
Old regime and new regime slab rates
Rebate, surcharge and health and education cess
Computation of tax for an individual
PAN, TDS and filing of return (introduction)

05Unit 5: Goods and Services Tax 5 topics

Concept and need of GST
CGST, SGST / UTGST and IGST
Registration and threshold limits
Input tax credit
GST returns (introduction)

About

You will be able to

Explain basic concepts of income tax: person, assessee, previous year / tax year and residential status
Compute income under the heads salary and house property
Explain business income, capital gains and income from other sources
Compute total income and tax liability of an individual under the old and new regimes
Explain the structure of GST, registration and the CGST / SGST / IGST mechanism

Who it is for

BBA students of Semester 4 in UP state universities and affiliated colleges (Lucknow University pattern)
Students who want to file simple income tax returns or work as tax assistants

What you need

Financial Accounting (Semester 1)
A simple calculator

Questions

Which syllabus does the course follow?

The common UP state university BBA syllabus for Business Taxation (Semester 4, Lucknow University pattern). The centre follows the student's own university syllabus (Lucknow University, MGKVP, VBSPU, CSJMU or any other) where it differs.

How are classes conducted?

Unit-wise lectures with examples from Indian business, short notes, numerical practice where needed and MCQ tests.

Which tax year and law is taught?

The paper is taught for the assessment / tax year prescribed by the university; changes made by the Income-tax Act 2025 (in force from 1 April 2026) and the latest Finance Act are explained in class.

Are previous year questions covered?

Yes, previous university questions are solved unit-wise before the semester examination.