TL401 | Taxation Law I

Taxation Law is a core course for the B.A.LL.B.(Hons.) programme. It is a standalone course that includes discussion on direct and indirect taxes in India.

Taxation is used by governments to direct the economy and incentivise/ dis-incentivise investment, production and consumption. The course will begin with presenting the economic and social context of taxation systems. The role of taxation in revenue collection, redistribution and regulation will be deliberated upon. The course focuses on engaging with fundamental concepts of income tax and GST law in India in order to enable students to gain an understanding of the mechanism of income as well transaction taxation. Students will also be briefly introduced to Indian customs law to the extent it is relevant for understanding tax implications of cross border transactions.

Teaching methodology would be a combination of lectures, seminar style discussions as well as problem solving exercises. The reading material for the course covers primary and secondary readings.

Module 1 : Goals of taxation systems

Module 2 : Exemptions, deductions and rate structure Module 3 : Taxation and Constitutionalism

Module 4 : Basic concepts of income taxation in India & Salary income Module 5 : Income from house property, business income, capital gains and income from other sources

Module 6 : Fundamental concepts of GST Module 7 : Taxation of cross border transactions

Module 8 : Tax planning, avoidance and evasion