Paper I

Law of Taxation

Charge of income-tax, previous year, residential status, heads of income, deductions and assessment under the Income-tax Act, 1961, together with the constitutional and statutory basics of GST under the CGST Act.

Study aid only. Confirm statute numbers with the current bare Act and the official OU LL.B. (3-YDC) 2024–25 syllabus PDF.

Unit I: Charge of tax, previous year and residential status

Previous year, assessment year and the charging section 2 cases Residential status and scope of total income 3 cases

Unit II: Heads of income

Salary and income from house property 2 cases Profits of business, capital gains and other sources 2 cases

Unit III: Exemptions, deductions and computation

Exemptions, clubbing and set-off 2 cases Chapter VI-A deductions and total income 2 cases

Unit IV: Assessment and anti-avoidance

Returns, assessment, reassessment and collection 2 cases Tax planning, treaty shopping and GAAR 3 cases

Unit V: Goods and Services Tax

Constitutional scheme, supply and levy under the CGST Act 2 cases Input tax credit, IGST and composite supplies 2 cases