Скачать или смотреть PERSONAL TAX PLANNING AND TAX MANAGEMENT | UNIT 4 | PART A | ONE SHOT | DU/SOL/REGULAR/NCWEB

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Unit 4A One-Shot | Personal Tax Planning & Tax Management | Sem 7 DU

Master Unit 4A of Personal Tax Planning & Tax Management (Semester 7, Delhi University) in this complete one-shot lecture, designed to help DU Commerce students score high marks with conceptual clarity + practical understanding.

This session provides a deep, exam-oriented explanation of the legal framework, administrative structure, and the role of authorities involved in tax law enforcement, tax administration, appeals, assessments, penalties, and taxpayer rights.

Whether you’re preparing for internal exams, university finals, or professional courses, this video gives you a solid foundation in tax management under the Income-tax Act, 1961.


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🔥 What This Video Covers (Unit 4A – In Full Detail)

1️⃣ Assessment Procedure Under Income-tax Law

Meaning & objective of assessment

Types of assessments:

Self-Assessment (u/s 140A)

Summary Assessment/Intimation (u/s 143(1))

Scrutiny Assessment (u/s 143(3))

Best Judgment Assessment (u/s 144)

Income Escaping Assessment (u/s 147 – Reassessment)


Important timelines & compliance requirements



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2️⃣ Tax Deducted at Source (TDS) & Tax Collected at Source (TCS)

Concept, purpose & importance

Major TDS sections: Salary, Rent, Professional fees, Commission, Lottery, Interest

TCS on business transactions

Due dates, returns, penalties, interest, disallowances



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3️⃣ Advance Tax & Interest Provisions

Who is liable to pay advance tax?

Installment schedule

Sections 234B & 234C – interest for defaults

Strategies to avoid penalties



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4️⃣ Appeals & Revisions (Complete Framework)

Appeal structure:

CIT(A)

ITAT

High Court

Supreme Court


Grounds of appeal

Limitation period

Filing procedure

Revision by CIT u/s 263 & 264



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5️⃣ Penalties & Prosecutions

Penalties for:

Concealment

Late filing

Non-compliance

Under-reporting of income


Prosecution provisions & compounding of offences



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6️⃣ Recovery & Refund Mechanism

Refund process

Interest on refund u/s 244A

Set-off/adjustment of outstanding demand

Recovery procedures by the department



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7️⃣ Taxpayer Rights & Obligations

Right to information

Right to appeal

Right to privacy

Duty to disclose correct income

Responsibility to maintain records



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📘 Why This Video Is Important for DU Sem 7 Students

✔ Exhaustive coverage of Unit 4A syllabus
✔ Clear explanation of legal and administrative provisions
✔ Useful for exam answers & real-life tax compliance
✔ Includes examples, case-based understanding, and practical insights
✔ Helps in scoring full marks in long and short questions


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