Bahri's INCOME TAX LAW & Computation and Book Keeping/Advanced Accountancy

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???? Overview & Target Audience

• A combined guide for Income Tax Law & Computation (Paper I) and Book Keeping/Advanced Accountancy (Paper II), tailored for ITO/ITI departmental exams (2011–2023 solved papers included) 

• Updated according to the Revised Syllabus of 2019, incorporating the most recent changes under the Finance Acts of 2022 & 2023, relevant for Assessment Year 2024–25 

???? Income Tax Law & Computation (Paper I)

• Extensive conceptual coverage of the Income Tax Act, 1961, and allied laws like Wealth Tax, Black Money (Undisclosed Foreign Income & Assets) Act, Benami Transactions (Prohibition) Act 

• Practical computation methods for various incomes (salary, business, capital gains, etc.), deductions, rebates, loss set-offs, and return filing.

• Solved MCQ-based exam papers from 2011 to 2023, with marking schemes (100–150 questions, negative marking 1/8th per wrong answer) 

???? Book Keeping / Advanced Accountancy (Paper II)

• Covers the full spectrum of accounting: double-entry system, journals, ledgers, trial balance, final accounts for sole traders, partnerships, and companies.

• Includes complex topics like depreciation, consignment, joint ventures, bills of exchange, error rectification, bank reconciliation, and computerized accounting (advanced section).

• Likely accompanied by solved exam papers analogous to Paper I (though most sources emphasize combined solved content) .

???? Features & Layout

• Total length: 544 pages 

• Contains a detailed section on Departmental Exam Rules 2023 for ITI & ITO examinations 

• Thematic structuring: theory explanation → illustrative examples → MCQs → solved recent years’ papers, making it exam-focused.

???? Table of Contents (Approximate Breakdown)

While a full TOC isn't publicly available, here's an estimated structure based on combined content and standard exam syllabus:

1. Income Tax Law & Computation

   • Introduction to Income Tax Act, Definitions & Scope

   • Heads of Income: Salary, House Property, Business/Profession, Capital Gains, Other Sources

   • Deductions (Chapter VI?A), Rebates, Exemptions

   • Clubbing & Set-off/Carry-forward of Losses

   • Tax Computation, Return Filing & Assessment Procedures

   • Special Acts: Wealth Tax, Benami Act, Black Money Act

   • MCQs + Solved Exam Papers (2011–2023)

2. Book Keeping / Advanced Accountancy

   • Accounting Concepts & Principles

   • Journal Entries, Ledgers, Trial Balance

   • Final Accounts of Traders, Firms, Companies (with adjustments)

   • Depreciation & Provisions

   • Special Transactions: Consignments, Joint Ventures, Bills

   • Bank Reconciliation, Rectification of Errors

   • Computerized Accounting Introduction

   • MCQs + Solved Exam Papers (2011–2023)

? Ideal For

• Candidates preparing for Income Tax Officer (ITO) and Income Tax Inspector (ITI) exams

• B.Com/CA/CMA/CS students seeking a combined resource with both theory and extensive MCQ practice

• Professionals needing a revised, exam-aligned reference for direct tax and accounting