Income Tax Law & Computation and Book Keeping/Advanced Accountancy

The Departmental Examinations 2024 shall be held in accordance with Revised Syllabus 2019 of Income Tax Officers’ & Income Tax Inspectors’ respectively. The Stupendous response to the earlier editions has enthused us to bring the present Sixteenth Edition which includes Solved papers for the year 2011 to 2023 and has been thoroughly revised in the light of amendments brought in by the Finance Acts, 2022 & 2023 applicable for the assessment year 2024-25.

Bahri’s Solved Papers on Income Tax Law & Computation and Book-Keeping/Advanced Accountancy covers the revised syllabus 2019 of Paper I & II for both ITO’s and ITI’s examinations. In the revised syllabus for Paper-I for both ITI/ITO examination, The Black Money (undisclosed Foreign Income & Assets) and the Imposition of Tax Act, 2015 and the Benami Transactions (Prohibition) Amendment Act, 2016 have been introduced. ITI's Exam : Each Test Paper consists of 100 questions in all, (150 questions for “Paper-I Income- Tax Law & Computation” out of this 140 questions are from Income-Tax Act and 10 questions from Wealth-Tax Act, the Benami Transactions (Prohibition) Amendment Act, 2016 and the Black Money (Undisclosed Foreign Income & Assets) and Imposition of Tax Act, 2015.

The examinees are required to answer all the questions of one mark each; 1/8th mark to be deducted for every wrong answer. ITO's Exam : ITO's Exam shall consist of 100 multiple choice questions of one mark each; 1/8th mark to be deducted for incorrect answer. In Paper-I Income Tax Law & Computation candidates are required to attempt 75 questions from Income-Tax Act, 10 questions from Wealth-Tax Act, the Benami Transactions (Prohibition) Amendment Act, 2016 and the Black Money (Undisclosed Foreign Income & Assets) and Imposition of Tax Act, 2015 and 15 questions on case law section. The book might have some unavoidable mistakes and discrepancies. We expect our patrons to bring to our notice such shortcomings.