GUEST LECTURE ON COMPUTATION OF TOTAL INCOME OF INDIVIDUALS AND TAX LIABILITY THEREON” ON 13TH MARCH 2019




GUEST LECTURE ON COMPUTATION OF TOTAL INCOME OF INDIVIDUALS AND TAX LIABILITY THEREON” ON 13TH MARCH 2019

March 13, 2019
K.R. Mangalam University



School of Management & Commerce organised a guest lecture on: “Computation of Total Income of Individuals and Tax Liability thereon” on 13th March 2019. The speaker was Mr. Sunil Chopra, former Chief Commissioner of Income Tax. Around 107 students of various disciplines attended the lecture. The lecture began with scope and need of income tax. As per Income Tax Act, Income is taxable under five heads- Salary, House Property, Business or Profession, Capital Gain and income from other Sources. It sounds so simple but in reality it is very complex to calculate. All these headings were discussed in detail to clear the concepts. The event was anchored by Dr. Rashmi Jain and was coordinated by Ms. Anita Sharma, Mr. Lavesh Mishra, Dr. Kshama Sharma, Dr. Ruchika Yadav and Dr. Richa Arora, the members of Management Committee - School of Management and Commerce.