CFO Kalam Accounts Academy  •  Learn • Apply • Grow

Income Tax, taught by a practising CFO

A complete, practical course on Indian income tax: from the statutory framework and residential status to computation, tax audit, return filing, scrutiny and appeals. Concepts first, then the numbers, then real compliance work.

Learn from 30+ years of hands-on accounts, tax and finance experience.

8 Structured Modules
26 Chapters, Foundation to Practice
1 per Module Book-style Course Pack
30+ Yrs Practitioner Experience
Always Current

Two Acts. One Clear Path.

The Income-tax Act, 2025 applies from 1 April 2026, while the 1961 Act still governs earlier periods. We teach you which law applies, and when, before we teach any rule.

Earlier Periods

Income-tax Act, 1961

Previous Year & Assessment Year framework
  • Periods before 1 April 2026
  • Returns, assessments and proceedings under the old law
  • Transition and savings provisions
Current Law

Income-tax Act, 2025

Tax Year framework • effective 1 April 2026
  • Tax Year 2026-27 onwards
  • Income-tax Rules, 2026 and current Finance Act
  • Restructured and renumbered provisions
Who It Is For

Built for Every Stage of Your Career

You do not need prior tax knowledge. If you know basic accounts, you will move faster.

Commerce Students Class 11–12 and B.Com learners building a strong base
Graduates Commerce graduates preparing for a finance career
Working Accountants Executives who handle tax work and want to do it correctly
Finance Managers Managers and leaders who review, plan and take decisions
CA / CMA / CS Learners Professional students who want practical clarity
Curriculum

8 Modules. Start to Finish.

From first principles to scrutiny and appeals, in a sequence that builds one idea on top of another.

Module 01 4 Chapters

Statutory Framework & Fundamental Concepts

  • Ch 1Taxation System & Statutory Framework
  • Ch 2Basic Definitions & Fundamental Concepts
  • Ch 3Residential Status & Scope of Total Income
  • Ch 4Accrual, Receipt & Deemed Income
Module 02 2 Chapters

Heads of Income: Salaries & Property

  • Ch 5Income from Salaries
  • Ch 6Income from House Property
Module 03 3 Chapters

Heads of Income: Business, Capital Gains & Other Sources

  • Ch 7Profits & Gains of Business or Profession
  • Ch 8Capital Gains
  • Ch 9Income from Other Sources
Module 04 3 Chapters

Aggregation, Clubbing, Set Off & Deductions

  • Ch 10Clubbing of Income
  • Ch 11Set Off & Carry Forward of Losses
  • Ch 12Deductions from Total Income
Module 05 5 Chapters

Computation of Total Income & Tax Liability

  • Ch 13Computation of Total Income of an Individual
  • Ch 13APresumptive Taxation Scheme
  • Ch 14Computation of Firm / LLP
  • Ch 15Computation of Income Tax of a Company
  • Ch 16Trusts & Charitable Institutions
Module 06 2 Chapters

Special Provisions & Alternative Tax Regimes

  • Ch 17MAT & AMT
  • Ch 18Deferred Tax (AS 22 / Ind AS 12)
Module 07 3 Chapters

Tax Audit & Compliance

  • Ch 19Tax Audit
  • Ch 19ATax Audit: Form 3CD
  • Ch 20Return Filing & Practical Compliance
Module 08 4 Chapters

Assessment, Appeals & Professional Practice

  • Ch 21Handling Scrutiny Cases (Practical)
  • Ch 22Income Tax Assessment
  • Ch 23Hierarchy of Authorities & Appeals
  • Ch 24Professional Practice & Ethics
How You Learn

Learn. Apply. Grow.

Every concept follows the same path, from plain-language meaning to a real working.

1

Learn

Understand what a provision means, why it exists and what problem it solves, in plain language with the correct technical terms.

2

Apply

Work through step-by-step computations and Indian business examples, with assumptions and rates stated clearly every time.

3

Grow

Spot common errors, handle compliance, read tax records and respond methodically to notices and assessments.

Course Pack

Income Tax • Module 01
Taxation System and Statutory Framework. A foundational guide to the legal basis, definitions and charging provisions.

Study notes written like a book

Each module comes with its own Course Pack, so you are never relying on lecture memory alone.

  • Structured chapter by chapter, matching the lectures
  • Clean layouts for revision and quick reference
  • Built to be kept and used long after the course
K
Meet Your Educator

CFO Kalam Sir

Kalam Sir

With over 30 years in accounts, taxation and finance, Kalam Sir has served as a CFO and later led accounts and finance in an automobile-parts manufacturing business. He teaches the way he has worked: concept first, then the computation, then how it plays out in a real business.

His aim is simple: help you move from knowing a rule to applying it with confidence.

MBA (Finance) CA Inter DFM 30+ Years Experience Former CFO
Browse the Course

Start your Income Tax journey today

Begin with Module 01 and build, step by step, the confidence to handle tax work the right way.

Enrol Now
Questions? Write to us at cfokalamacademy@gmail.com

This course is educational and is not a substitute for individual professional tax advice. CFO Kalam Accounts Academy does not guarantee any specific job, income, tax-saving or examination outcome.