The Income Tax Act is an Indian law that governs the taxation of income earned by individuals, companies, and other entities. The act was first introduced in 1961 and has since undergone several amendments to reflect changing economic and social conditions.

1. Taxable income:

2. Deductions and exemptions:

3. Assessment and collection:

4. Filing of returns:

5. Penalties and fines:

6. Tax audits:

7. Appeals and disputes:

The Income Tax Act is constantly evolving, with changes made through the annual budget presented by the government. It is important for taxpayers to stay informed about the latest changes and comply with the tax laws to avoid penalties and fines.

In India, Income Tax Returns (ITR) are mandatory for individuals, Hindu Undivided Families (HUFs), companies, firms, and other entities that have earned income during the financial year. The Income Tax Act, 1961 governs the tax laws in India.

The due date for filing ITR for individuals is usually 31st July of every year. However, due to the COVID-19 pandemic, the government has extended the deadline for filing ITR for FY 2020-21 to 31st December 2021 for individual taxpayers who are not required to get their accounts audited.

To file ITR, you need to first calculate your total income, which includes income from all sources such as salary, business, profession, capital gains, and other sources. Then, you need to compute your tax liability and pay the taxes due.

To file your ITR, you can either do it online on the Income Tax Department's e-filing website or through a tax professional. It's important to file your ITR on time to avoid penalties and interest charges. Additionally, filing your ITR is important for obtaining loans, visas, and other important documents.

The Income Tax Act is the main legislation governing the taxation of income in India. It was first enacted in 1961 and has undergone several amendments since then to keep pace with the changing economic and social conditions of the country. The Act sets out the rules and regulations for the calculation and payment of income tax in India.

Under the Income Tax Act, income tax is levied on the income of individuals, Hindu Undivided Families (HUFs), companies, partnerships, and other entities. The Act also lays down the rules for the deduction of tax at source (TDS), which is the tax deducted by the payer of income and remitted to the government on behalf of the payee.

The Income Tax Act prescribes the rates of income tax that are applicable to different types of taxpayers and income levels. The Act also provides for various deductions and exemptions that can be claimed by taxpayers to reduce their tax liability.

The Act also sets out the procedures for the assessment and collection of income tax, including the filing of income tax returns, payment of tax, and the procedures for the audit and investigation of tax affairs.

The Income Tax Act is administered by the Central Board of Direct Taxes (CBDT), which is a part of the Department of Revenue under the Ministry of Finance. The CBDT is responsible for the administration of direct taxes, including income tax, in India.

Non-compliance with the provisions of the Income Tax Act can result in penalties, fines, and other legal consequences. It is important for taxpayers to comply with the provisions of the Act to avoid any legal issues and maintain good standing with the tax authorities.

A fundamental income tax course in India is designed for individuals who have little or no prior knowledge of income tax and wish to learn the basics. The course covers the basic concepts of income tax, including computation of taxable income, deductions and exemptions, and filing requirements.

1. Introduction to income tax

2. Income sources and taxation

3. Deductions and exemptions

4. Tax credits

5. Filing requirements and procedures

6. Ethical and professional considerations

It's important to note that the syllabus may vary depending on the institution offering the course and the level of the course. Additionally, tax laws and regulations are subject to frequent changes, so the course should also include updates on the latest tax laws and regulations. It's always best to consult with the relevant authorities and seek professional advice before pursuing a fundamental income tax course in India.

As an AI language model, I can provide you with a general syllabus for an income tax return filing course. The syllabus may vary depending on the level of the course (introductory, intermediate, advanced) and the institution offering the course.