CURRICULUM

B.Com Course Titles

SEM -I
Ø Principles of Management ( CC,TPP,B.Cap)
Ø Business Statistics ( CC,TPP,B.Cap)
Ø Business Economics-I (CC)
Ø Income Tax Law and Practice –I (TPP)
SEM-II
Ø Tally (CC,TPP)
Ø Advanced Accounting( CC,TPP,B.Cap)
Ø Business Environment( CC,TPP,B.Cap)
Ø Principles of Micro Economics (TPP,B.Cap)
Ø Income Tax Law and Practice –II (TPP)
SEM-III
Ø Banking Theory and Practice ( CC,TPP,B.Cap)
Ø Corporate Accounting ( CC,TPP,B.Cap)
Ø Business Law ( CC,TPP,B.Cap)
Ø Business Correspondence and Report Writing (CC)
Ø Income Tax  Practice and Procedures –I (TPP)
SEM-IV
Ø Accounts for Service  Organisation ( CC,TPP,B.Cap)
Ø Company Law ( CC,TPP,B.Cap)
Ø E-Commerce ( CC,TPP)
Ø Income Tax Law and Practice ( CC,B.Cap)
Ø Income Tax  Practice and Procedures –II (TPP)
SEM-V
Ø Cost Accounting( CC,TPP,B.Cap)
Ø Marketing ( CC,TPP,B.Cap)
Ø Tally ( CC,TPP)
Ø Tax Planning and Management (TPP)


Cluster Electives
ü Accounting
Ø Financial Management (CC)
Ø Advance Corporate Accounting(CC)

ü Marketing
Ø Marketing for Services
Ø Retail Management
ü Taxation
Ø Customs Law and Practice-I(TPP)
Ø Central Excise
SEM-VI
Ø Management Accounting( CC,TPP,B.Cap)
Ø Commercial Geography( CC,TPP,B.Cap)
Ø Auditing( CC,TPP,B.Cap)
Ø Major Project
Cluster Electives
ü Accounting
Ø Emerging Areas in Accounting(CC)
Ø Financial Markets(CC)
ü Marketing
Ø Global Marketing
Ø Advertising and Media Management
ü Taxation
Ø Customs Law and Practice-II(TPP)
Ø Fundamentals to Goods and Service Tax (TPP)
SKILL BASED COURSE
·        Project Management
·        Event Management


BMS Course Titles

SEM I
Ø Financial Accounting
Ø Business Correspondence and Report Writing
Ø Statistics for Business Decisions
Ø Organisational Behaviour
SEM II
Ø Entrepreneurship Development
Ø Personality Development
Ø Business Environment
Ø Managerial Economics
SEM III
Ø Tax Planning
Ø Business Research
Ø Personality Development
Ø E-Commerce
SEM IV
Ø Principles of Marketing
Ø Financial Management
Ø Production & Operation Management
Ø Human Resource Management
SEM V
Ø Cost Accounting
Ø International Business
Ø Business Law
Ø Logistics & Supply Chain Management
Cluster Electives
     Marketing
Ø Marketing for Services
Ø Retail Management
Accounting
Ø Financial Management
Ø Advance Corporate Accounting
SEM VI
Ø Business Strategy
Ø Medium Small & Micro Enterprise Management
Ø Project Evaluation & Management
Ø  Major Project

Cluster Electives
     Marketing
Ø Global Marketing
Ø Advertising & Media Management
Accounting
Ø Financial Management
Ø Advance Corporate Accounting

Skill Based Course
Ø Business Leadership
Ø Event Management


SEMESTER-I

Paper Code:COMMC085

Course Objective:

·         The basic objective of introducing this paper for commerce and management students is to record the economic events that have effects in changing the financial position of an organization and to prepare the financial statements at the end of a particular accounting period.
Course Learning Outcomes:
                                             Upon completion of the course students will be able -
·         CO1:To get the knowledge on fundamentals of accounting and principles and to develop the ability on basic accounting system.
·         CO2:To make it easier to locate any transaction recorded in the book of original entry.
·         CO3:To recognize the reason for the difference between bank balance as per cash book and pass book.
·         CO4;To prepare financial statements in accordance with Generally Accepted Accounting Principles.
·         CO5:To understand the concept of depreciation and also how to calculate depreciation amounts by using various methods like Straight line and Diminishing balance method.

SYLLABUS

UNIT-I: INTRODUCTION TO ACCOUNTING: Lecture Hours: 10
                                                                     
Need for accounting- definition, features, objectives, functions- Book-keeping and accounting- Branches of accounting- advantages and limitations- Accounting concepts and conventions. Accounting process- Accounting cycle-Accounting equation-classification of accounts – rules of double entry book keeping -identification of financial transactions – journalizing-posting to ledgers, balancing of ledger accounts.

UNIT- II: SUBSIDIARY BOOKS:             Lecture Hours: 15
 Sub Division of journal – preparation of  subsidiary books  including  different types  of  cash books – simple cash book, cash book  with cash  and discount columns, cashbook with cash, discount and bank columns, cashbook with cash and bank columns and petty cash book. Preparation of sales register, purchase  register, journal proper, debit note register, credit note register, and different cashbooks including interest and discount transactions.

Unit-III: BANK RECONCILIATION STATEMENT:          Lecture Hours: 10

Bank Reconciliation Statement- need- reasons for difference cash book and pass book balances- problems on favorable and overdraft balances- ascertainment of correct cash book balances. preparation of bank reconciliation statement.

Unit-IV: TRAIL BALANCE AND FINAL ACCOUNTS:    Lecture Hours:15

Trial Balance: Meaning, objectives, methods of preparation- Final accounts: meaning, features, uses and preparation of  Manufacturing, Trading Account, Profit & Loss Account and Balance Sheet- Adjusting and closing entries. Preparation of  trial balance, trading, profit and loss accounts, processing of year ending and closing the books, adjusting and closing entries and balance sheet.


UNIT V: DEPRECIATION:                                                    Lecture Hours: 10

Meaning of depreciation- causes- objects of providing of depreciation- factors affecting depreciation- accounting treatment- methods of providing depreciation- straight line method- diminishing balance method.

REFERENCE BOOKS:
1.     .S. P. Jain &K. L. Narangkalyani publishers – Advanced Accountancy - 1
2.     T.S.GrewalS.Chand and Co – Introduction to Accountancy.
3.     R.L.Gupta&V.K.Guptasultonchand – Principles and practice of Accounting.
4.     I S. N. Maheshwari& V.L. Maheswarivikash publishing– Advanced Accountancy.

BUSINESS STATISTICS
                                                                              SEMESTER-I
      Paper Code: COMMC087
                                                                                             
COURSE OBJECTIVES:
·         Statistics is the science that deals with the collection, description, analysis, interpretation, and presentation of data. Statistics can be used to describe a particular data set (termed descriptive statistics) as well as to draw conclusions about the population from a particular data set (termed inferential statistics).
·          Statistics in Business applies statistical methods in a business context in order to address business related questions and help make evidence based decisions. In Statistics in Business you will learn to apply commonly used statistical methods in business contexts and how to interpret analyses performed by others.
COURSE LEARNING OBJECTIVES:
         Upon successful completion of this course students will have demonstrated ability
·         CO1:Construct a confidence interval for the slope of the regression line.
·         CO2:Students get knowledge about index numbers and their importance in present society.
·         CO3:Estimate the mean and standard deviation of the marginal distribution of the response variable and use this information to inform a business decision.
·         CO4 :For this students can improve their diagrammatic and graphical presentation.
·         CO5:They know geometric and harmonic mean calculation and its use.

 SYLLABUS

UNIT I: - INTRODUCTION TO STATISTICS:-               Lecture hrs: 12
Meaning, Definition, importance and limitations of statistics, collection of data – primary and secondary data – schedule and questionnaire – frequency distribution – tabulation – diagrammatic & graphic presentation of data.

UNIT II: - MEASURES OF CENTRAL TENDENCY:-:-               Lecture hrs: 12

Definition – objectives & characteristics of measures of central tendency – types of averages – Arithmetic mean, Geometric mean, Harmonic mean – Median – Mode – Quartiles – Deciles – Percentiles – properties of good average & their applications.

UNIT III: - MEASURES OF DISPERSION AND SKEWNESS:-:-            Lecture hrs: 12
Properties of dispersion – Range, Quartile Deviation, Mean Deviation, Standard Deviation, Coefficient of Variation – Skewness definition – Karl Pearson’s and Bowley’s Measure of skewness – Normal Distribution.

UNIT IV: - MEASURE OF RELATION:-:-               Lecture hrs: 12

Meaning and significance, Types of correlation, Karl Pearson’s coefficient of correlation, Spearman’s rank correlation coefficient – Probable error.
Regression Analysis: Meaning and significance, regression vs. Correlation, Linear Regression, Regression lines (x on y, y on x) – Interpretation of regression co-efficient.

UNIT V: - ANALYSIS OF TIME SERIES & INDEX NUMBERS:         Lecture hrs: 12

Meaning and significance, Utility, Components of time series, Models (Additive and Multiplicative), measurement of trend and seasonal variations.
Index Numbers: Meaning and significance, problems in construction of index numbers, method of constructing index numbers – Price Index Numbers – Quantity Index Numbers.

Prescribed Books:
1.      Quantitative methods – S.P.Gupta, P.K.Gupta and Manmohan.
2.      Business statistics     - A.C.Vaid.
3.      Quantitative techniques – S.L.Agarwal, S.L.Bhardwaj
4.      Business statistics – Reddy, CR, Deep Publications
5.      Business statistics – Sharma, J.K


INCOME TAX LAW AND PRACTICE -I

 SEMESTER-I
                                                                   Paper Code:COMMC089

COURSE OBJECTIVE:

·         This course provides an introduction & overview of, fundamental concepts of Income Tax Law. Topics include Introduction to Tax, concepts of Income tax, Exempted Incomes, Income from Salary and Income from House Property.
COURSE LEARNING OUTCOME:

Upon completion of the course, students will be able to:

·         CO1:Know what is tax, its objectives, income tax & different heads under it.
·         CO2;Know about the different concepts under income tax.
·         CO3:Know about the exempted incomes.
·         CO4:Compute the  income from Salary with deductions u/s 16.
·         CO5:Compute the  income from House Property with deductions u/s 24.

SYLLABUS
Unit-I Introduction:                                                    Lecture Hours:10
An Overview of Indian Tax System – Type of Taxes: Dire and Indirect taxes – Union list and
State list – Tax Rates – Tax Evasion vs. Tax Avoidance - PAN (Theory only).

Unit-II: Concepts of Income Tax:                                Lecture Hours:10
Income, Person, Assesse, Assessment year, Capital and Revenue Receipts - Residential Status
and Incidence of tax of Individual. (problems on residential status and incidence of tax)

Unit-III: Exempted Incomes                                            Lecture Hours:12
Incomes Exempted from tax u/s10 - Agricultural Income and tax treatment (problems on
treatment of agricultural income).

Unit-IV: Income from Salary:                                          Lecture Hours:15
Meaning - Allowances - Perquisites - Profits-in-lieu of Salary - Deductions from Salary Income -
Computation of Salary income and qualified savings eligible for deduction u/s 80 C ( problems
on computation of income from salaries).

Unit-V: Income from House Property                              Lecture Hours:10
Meaning, annual value, let-out/self occupied/deemed to be let-out house, deemed ownership, coownership,
deductions from annual value and computation of income from house property
(problems on computation of income from house properties).

Reference Books:
1. Students Guide to Income tax– Vinod K Singhania, Taxmann publications
2. Direct taxes - Law & practice – GirishAhuja, Dr. Ravi Gupta, Bharat
3. Direct taxes - Law & practice – B BLal – Pearson



PRINCIPLES OF MANAGEMENT

Total Hours: 60                                                                 SEMESTER-I
                                                                           Paper Code: COMMC086
                                                                                            No. of Credits:4
COURSE OBJECTIVE:
·         This course provides you with an introduction to the various philosophies, roles and functions of management. In addition, it will cover on going changes in business that have a direct effect on the role of management.
COURSE LEARNING OUTCOMES:
·         CO1:Discuss and communicate the management evolution and how it will affect future managers.
·         CO2 :Observe and evaluate the influence of historical forces on the current practice of management.
·         CO3 :Identify and evaluate social responsibility and ethical issues involved in business situations and logically articulate own position on such issues.
·         CO4:Explain how communication plays a important role in the organization.
·         CO5 :Practice the process of management's four functions: planning, organizing, leading, and controlling.
 SYLLABUS

UNIT 1:Introduction to management             LECTURE HRS:12
Management –Meaning –Significance -Management vs.  Administration –            Functions   of   Management –Leadership -Leader vs. Manager –Fayol’s Principles of Management.

UNIT 2: Planning                                            LECTURE HRS:12
Planning –Meaning –Significance -Steps in Planning -Decision making –Steps in decision making process.

UNIT 3: Organization                                          LECTURE HRS:12
Organizing -Meaning-Principles of organization –line and staff Organization-Line vs Staff organization-Organizational chart

UNIT4: Delegation of authority:                            LECTURE HRS:12
Delegation-Meaning-elements-principles-Difficulties in delegation-guidelines for making delegation effective-Centralization vs. Decentralization.

UNIT 5:Controlling,communicationLECTURE HRS:12
Controlling-Meaning-Qulities of good control-communication process-Types-Barriers

Reference Books
1.R.K.Sharma,Shashi K.Guptha, Principles of Management-Kalyani Publications
2.T.Ramaswamy, Principles of management, Himalaya Publishing House
3. P C Tripathi, P N Reddy, Principles of Management, The MCGraw Hill companies
4.R.K.Sharma, Shashi K.Guptha, Business organization & Management-Kalyani Publications

COMPUTER APPLICATIONS IN ACCOUNTING(TALLY)
Total Hours: 60                                                             SEMESTER-II
                                                                   Paper Code: COMPC059
 No. of Credits:4
COURSE OBJECTIVES:
·         This course is designed to impart students with the essential knowledge and practical skills to understand and utilize the India’s most leading ERP system – tally. ERP9. Tally is an Accounting package which is used for learning to maintain accounts.
·         As this course is useful for commerce students to placements in different office as well as companies in Account departments.
COURSE LEARNING OUTCOMES:
Upon completion of the course the student will be able
·         CO1:To get knowledge about the computerized accounting advantages and disadvantages and tally features, company creation screen and recording of ledgers, groups in tally.
·         CO2:To get knowledge about the inventory reports and VAT calculations in tally.
·         CO3To get knowledge about the creation of cost centres, categories, budgets and stock items, categories and items in tally.
·         CO4:To get knowledge about the F: 11 and F: 12 settings in tally.
·         CO5:To get knowledge about the creation of different vouchers in tally. (i.e., rejection in voucher, delivery note voucher, physical stock voucher.) 

Syllabus

Unit I: Introduction to Computerized Accounting:    Lecture Hours:10
Introduction to computerized accounting – Meaning and features – Advantages and Limitations.
Features of Software – Tally Screen Components – Creation of Company in Tally – Company features (F:1) – Configuration (F:2) – Processing Transitions in Tally – Groups and Ledgers - Accounting Vouchers – Recording of Transactions – Report Generation – Financial Reports in Tally.

Unit II: Introduction to Trading Organizations and Manufacturing Organizations:
                                                                                      Lecture Hours:12
Introduction to Inventory – Purchases and Sales – Recording of Transactions – Inventory Vouchers – Inventory Reports.VAT for Composite dealers – Salient features of VAT compliant Tally – Enabling VAT – Recording of transactions – VAT Reports.

Manufacturing Stock Journal – Bills of Materials – Recording of transactions – Creation of Go downs – Creation of Cost Centers – Reports.

Unit III: a) Advanced Accounting in Tally.ERP         Lecture Hours:15
Bill-wise Details – Cost centers and Cost categories – Voucher classes – Cost centre class – Multiple Currencies – Interest Calculation – Budgets & Controls – Scenario Management – Banking – Stock Summary – Trial Balance – Practical exercises.
b) Creating inventory masters in tally.ERP 9                       Lecture hours:15
Stock group – Stock categories – Units of measure – Godowns – Stock items – Voucher type – Walkthrough for Creating Inventory Masters – Practice Exercises.
Unit IV: Advanced inventory in tally.ERP9
Order processing – Reorder Levels – Tracking Numbers – Batch Wise Details – Additional Cost Details – Bill of Material (BOM) – Price Levels and Price Lists – Stock Valuation – Zero Valued Entries –Inventory Ageing Analysis – Different Actual and Bill Quantities.
Unit V: Voucher entry in tally.ERP 9                                   Lecture Hours:8
Inventory Vouchers – Purchase Orders – Sales Orders –Receipt Note – Delivery Note –Rejections Out – Rejections In – Manufacturing Journal – Physical Stock Voucher – Transfer Journal – Walkthrough for Recording Inventory Vouchers – Invoicing – Practical Exercises.
Prescribed Manual:Tally Financial Accounting Program by Tally Solutions.
       
(General,Tax)
COMPUTER APPLICATIONS IN ACCOUNTING(TALLY)
Total Hours: 60                                                             SEMESTER-II
                                                                   Paper Code: COMMC090
 No. of Credits:4
COURSE OBJECTIVES:
·         This course is designed to impart students with the essential knowledge and practical skills to understand and utilize the India’s most leading ERP system – tally. ERP9. Tally is an Accounting package which is used for learning to maintain accounts.
·         As this course is useful for commerce students to placements in different office as well as companies in Account departments.
COURSE LEARNING OUTCOMES:
Upon completion of the course the student will be able
·         CO1:To get knowledge about the computerized accounting advantages and disadvantages and tally features, company creation screen and recording of ledgers, groups in tally.
·         CO2:To get knowledge about the inventory reports and VAT calculations in tally.
·         CO3To get knowledge about the creation of cost centres, categories, budgets and stock items, categories and items in tally.
·         CO4:To get knowledge about the F: 11 and F: 12 settings in tally.
·         CO5:To get knowledge about the creation of different vouchers in tally. (i.e., rejection in voucher, delivery note voucher, physical stock voucher.) 


Syllabus

Unit I: Introduction to Computerized Accounting:    Lecture Hours:10
Introduction to computerized accounting – Meaning and features – Advantages and Limitations.
Features of Software – Tally Screen Components – Creation of Company in Tally – Company features (F:1) – Configuration (F:2) – Processing Transitions in Tally – Groups and Ledgers - Accounting Vouchers – Recording of Transactions – Report Generation – Financial Reports in Tally.

Unit II: Introduction to Trading Organizations and Manufacturing Organizations:
                                                                                      Lecture Hours:12
Introduction to Inventory – Purchases and Sales – Recording of Transactions – Inventory Vouchers – Inventory Reports.VAT for Composite dealers – Salient features of VAT compliant Tally – Enabling VAT – Recording of transactions – VAT Reports.

Manufacturing Stock Journal – Bills of Materials – Recording of transactions – Creation of Go downs – Creation of Cost Centers – Reports.

Unit III: a) Advanced Accounting in Tally.ERP         Lecture Hours:15
Bill-wise Details – Cost centers and Cost categories – Voucher classes – Cost centre class – Multiple Currencies – Interest Calculation – Budgets & Controls – Scenario Management – Banking – Stock Summary – Trial Balance – Practical exercises.
b) Creating inventory masters in tally.ERP 9                       Lecture hours:15
Stock group – Stock categories – Units of measure – Godowns – Stock items – Voucher type – Walkthrough for Creating Inventory Masters – Practice Exercises.
Unit IV: Advanced inventory in tally.ERP9
Order processing – Reorder Levels – Tracking Numbers – Batch Wise Details – Additional Cost Details – Bill of Material (BOM) – Price Levels and Price Lists – Stock Valuation – Zero Valued Entries –Inventory Ageing Analysis – Different Actual and Bill Quantities.
Unit V: Voucher entry in tally.ERP 9                                   Lecture Hours:8
Inventory Vouchers – Purchase Orders – Sales Orders –Receipt Note – Delivery Note –Rejections Out – Rejections In – Manufacturing Journal – Physical Stock Voucher – Transfer Journal – Walkthrough for Recording Inventory Vouchers – Invoicing – Practical Exercises.
Prescribed Manual:Tally Financial Accounting Program by Tally Solutions.



ADVANCED ACCOUNTING
Total Hours:60                                                                                                        Semester - II
                                                                         Paper Code:COMMC091
                                                                                                                    No of credits:

COURSE OBJECTIVES:
·         The term advanced accounting includes all those methods, aspects and techniques that facilitate in superior accounting methods.
·         After the graduation when a student goes for a job in an rganization, accounting for such Organization follows some procedure for their regular business.
COURSE LEARNING OUTCOMES:
Upon completion of the course, student will be able to:
·         CO1:Compute the profit or loss from incomplete records.
·         CO2:Compute the interest and depreciation for goods sold on hire purchase and instalment system.
·         CO3:Compute the profit or loss of Branch.
·         CO4 :Compute the profit or loss of Departments.
CO5 Know the basics of Company Accounts  including  forfeiture and capital Reserve.

SYLLABUS

Unit I:ACCOUNTS FROM INCOMPLETE RECORDS                       LECTURE HRS:  15
Single Entry: Features –Books and Accounts maintained – Recording of Transactions- Ascertainment of Profit (Statement of Affairs Method only)
Unit II: HIRE PURCHASE                                                                         LECTURE HRS:  15
(A)Hire Purchase System –Features-Accounting Treatment in the Book of Hire purchase and Installment and Hire Vendor –Default and Repossession.
Unit III: BRANCH ACCOUNTS                                                               LECTURE HRS:  15
Dependantbranches: Features –Books of Accounts –Methods of Accounting of Dependant Branches – Debtors system, stock and debtors system.
Unit IV: DEPARTMENTALACCOUNT:LECTURE HRS:  15
Need, Features, Basis for Allocation of Expenses , Treatment of Inter – Departmental Transfer at Cost or Selling Price –Treatment of Expenses that cannot be allocated – Preparation of Departmental Profit and loss Accounts.
Unit V: COMPANY ACCOUNTSLECTURE HRS:  15
Issue of Shares at par,Premium and at Discount- Forfeiture and Reissue of Shares. Issue of Debentures (At par, premium , discount for consideration other than cash and as collateral security )Underwriting of Issue of shares(Simple problems with regard to finding underwriters Net Liabilities )
Reference Books :
1.Financial Accounting –II ,S.P.Jain&Narang.Kalyani Publishers.
2.Principles and Practices of Accounting ,R.L.Gupta&V.K.Gupta , Sultan Chand& Sons.

Subject: Commerce                                                              SEMESTER-II
Title of the paper: Business Environment                 Paper code: COMMCO84                                                                     


COURSE OBJECTIVE:              
·         This course attempts to sensitize students to current  affairs and the recent developments in the world economy and it also aims to expose the students to the problems and issues relating to economic policy reforms and their implications on the entire economy in general and the world of business in particular.

COURSE LEARNING OUTCOMES:            

Upon completion of the course, students will be able to:

·         CO1:Explain the meaning of business environment and describe the importance and types of business environment.
·         CO2:Demonstrate an understanding of economic growth and balanced regional development.
·         CO3 :Understand about Rostow’s stages of economic development, 5 year plans.
·         CO4:To become familiar with new industrial policy, union budget and RBI.
·         CO5:To gain an  understanding about  the concept  of social,political,legal environment 
SYLLABUS

UNIT-I:Overview of Business Environment:LECTURE HRS:12
Business Environment-Meaning –Macro and Micro Dimensions of Business Environment-Economic-Political-Social-Technological-Legal-Ecological-Cultural-Demographic-Changing Scenario and implications-Indian Perspective –Global Perspective.

UNIT-II:Economic Growth:LECTURE HRS:12
Meaning of Economic Growth-Factors influencing  Development-Balanced Regional Development.

UNIT-III:DevelopmentandPlanning:                                   LECTURE HRS:12
Rostow’s stages of economic development-Meaning-Types of Plans-Main objects of planning in India-NITI Ayogand National Development Council- Five year plans.

UNIT-IV:Economic  Policies:                                              LECTURE HRS:12
Economic Reforms and  New Economic  Policy –New Industrial Policy- Competition  Law –Fiscal  Policy –Objectives and  limitations – Union budjet-Structure  and importance of Union budget-Monetary policy and RBI.

UNIT-V:Social, Political and Legal Environment:           LECTURE HRS:12
Concept of Social Justice-Schemes – Political stability –Legal changes.


Reference Books:

1.     Rosy Joshi and SangamKapoor: Business Environment.
2.     Dr.Ravindranath Badi : Business Environment. Himalaya Publishing House.
3.        K.Chandra Sagar : Business Environment.. Himalaya Publishing House.
4. K.Aswanthappa: Essentials of Business Environment.

(TAX)
INCOME TAX LAW AND PRACTICE-II
Total Hours:  60                                                                    SEMESTER-II
                                                                                                Paper Code:COMMC095
                                                                                                 No.Of.Credits:4
Course Objectives:
·         To acquire expert knowledge of practical and procedural aspects relating to income tax .
·         Enable students to develop experience in identifying tax issues and applying the income tax law to arrive at reasoned solutions to problems.
·         Enable student’s critical thinking and problem solving skills to resolve income tax issues.
COURSE LEARNING OUTCOMES:
Upon completion of the course
·         CO1 :Students will be able to learn constituent of business or profession which incomes are chargeable under this head
·         CO2 :Students will be able to learn the conditions and computation of capital gains, other sources and clubbing of incomes
·         CO3 :Studernts will be able to compute the total income and tax liability

Syllabus
Unit-I: Profits and Gains of Business or Profession:      Lecture Hours: 15
Chargeability- Expenses expressly allowed and disallowed – general deductions- computation of income from business or profession – special provisions for computation of income on estimated basis
(Simple problems on computation of income from business and income from profession).
Unit-II: Capital Gains:                                                 Lecture Hours: 10
Chargeability- Meaning and Types of Capital Asset- Meaning of Transfer-Cost of Acquisition,
Cost of improvement, cost inflation index- short term and long term capital gains- exemptions from capital gains- Computation of Taxable Capital Gains
(Problems on computation of taxable capital gains)
Unit-III: Income from other sources:                           Lecture Hours: 10
Basis of Charge- specific incomes and general incomes – general deductions deemed income(Including problems).
Unit-IV: Clubbing of Incomes:                                    Lecture Hours: 5
Set off and Carry forward of losses- Income of other persons included in assessees total income(Clubbing of income) - Deductions from Gross Total Income.
Unit- V: Computation of Total Income:            Lecture Hours: 15
Computation of Total income and calculation of tax liability of tax liability of Individual Assessees
(Simple problems covering various heads and deductions u/s 80C)
Reference Books:
1.     Direct Taxes – Law & practice- Vinod K Singhania,KapilSinghania,Taxman’s
2.     Direct Taxes – Law & practice – Girish Ahuja, Dr. Ravi Gupta, Bharat’s
3.     Direct Taxes – Law & practice – BB Lal- Pearson’s


BANKING THEORY AND PRACTICE
                                                                                             SEMESTER-III
          Syllabus                                                                 Paper Code: COMMCO96
                                                                                                               No. of Credits: 4

COURSE OBJECTIVES:
·         The basic purpose of Banking supervision is to safeguard the stability of the financial system and in order to safeguard the vital role of the Banking sector in the Economy from suffering significant shocks.
·         This is useful for all the students to get an overall knowledge about the Banking sector in the Indian Economy.
COURSE LEARNING OUTCOMES:
Upon Completion of the course the student will be able
·         CO1 :To get knowledge about the meaning of bank, types of banks, functions of commercial banks and role of commercial banks in India.
·         CO2 :To discuss about the different banking systems in India and their policies.
·         CO3:To get a knowledge about the process of issuing different cards and recent trends in banking sector.
·         CO4:To know about the general and special relationship between banker and customer.
·         CO5:To know about the rights, powers and duties of a banker and customer.

SYLLABUS

UNIT-I:  Introduction                                                     Lecture Hours:10
Meaning & Definition of Banking – Functions of Commercial Banks –                                                                                                           Kinds of Banks – central Banking Vs. Commercial Banking. 
UNIT-II :Banking Systems                                              Lecture Hours:12
Unit Banking , Branch Banking,  Investment  Banking – Innovations in banking – E-banking – Online and Offshore Banking , Internet Banking – ATMs
-RTCGS.s
UNIT – III :Banking Development              Lecture Hours:10
Indigenous Banking – Cooperative Banks , Regional  Rural banks , SIDBI , NABARD – EXIM Bank.
UNIT – IV : Banker and customer                                    Lecture Hours:12
Meaning and Definition of Banker and Customer – Types of Customers – General Relationship between Banker and Customer – KYC Norms.
UNIT-V :Collecting Banker and Paying Banker             Lecture Hours:12
Concepts – Duties & Responsibilities of collecting Banker – Holder for Value – Holder in due course – Statutory protection to collecting Banker – Responsibilities of paying Banker – Payment Gateways.

Reference Books:
1.     Banking and Financial Systems :Dr.A.V. Ranganadha chary , Dr. R.R. Paul
2.     Banking Theory , Law and Practice : B. Santharam ; Margam Publications
3.     Banking Theory , Law and Practice : K P M Sundaram and V L Varsheney
4.     Banking and Financial Systems  : Aryasri
5.     Introduction to Banking : VijayaRaghavan
6.     Indian Financial System : M. Y. Khan


BUSINESS CORRESPONDENCE AND REPORT WRITING


                                                                                   SEMESTER-III
Syllabus                                                                    Paper CodeCOMMCO99
 No. of Credits:4

BUSINESS CORRESPONDANCE AND REPORT WRITING
Course Objectives:
·         The objective of this paper is to help the students to learn the principle and art of effective communication in both oral and written in the context of intra-inter personal small group and organizations.
·         It is designed to help the students among skills on business and professional communication.
Course Learning Outcomes:
   Upon completion of course students will be able -
·         CO1:Helps the students in learning basic communication types and also its barriers.
·         CO2:To understand about the different types of communication like oral, written and non-verbal communication and also its impact.
·         CO3:To understand at which way the communication is delivered effectively.
·         CO4:Able to know how to frame an effective way of business letters either in profession or any other concern like production and manufacturing.
·         CO5:To know how to structure a report professionally.
   
SYLLABUS
Unit-I Basis of communication:                          Lecture Hour:12

Meaning  and Definition of communication – Elements of Communication – Objectives of Communication – Functions & Importance of Communication – Forms of Communications –Levels of Communications -  Barriers of Communication.
Unit-II – Types of communication:                            Lecture Hour: 15

Oral  Communication : Meaning, Advantages and Disadvantages – Medias of Oral Communication: Face to Face, teleconference, Telephone and Voice Mail.
Written Communication:  Meaning, Advantages and Disadvantages - Medias of Written  Communication : Fax and E – Mail.
Non – Verbal Communication: Meaning, Types, kinesics, Proxemics  and
Unit-III – Essentials of effective communication:     Lecture Hour:8
                                                                                     
The Essentials of Effective Communication – Communication Network: Vertical, Horizontal & Diagonal – External Communication.

Unit-IV –BUSINESS LETTERS:Lecture Hour:13

Introduction – Essentials of business Writing – Functions of Business Letters – Parts of Business Letters – Letters relating to Application for Job, calling for Interviews, Appointment orders. Termination Orders, Sales Letters, Compliments and Adjustments.

Unit-V - REPORT WRITING:Lecture Hour:13

Report Writing: Meaning and definition – Features – Types of Reports – Essentials of Good reports – Steps in Business Report Writing – Preparation of Routine Reports and special Reports. Progress Reports, Technical Reports, Confidential Reports, Directors Reports, Auditors Report and Press Reports.

TEXT BOOK:

1.Business Correspondence and Report Writing: Varinder Kumar


REFERENCE BOOKS:

1.Business Communication                : B N Sikdear.
2.Business Communication                : AshaKaul


General,Tax,Computers
BUSINESS LAWS
Total Hours: 60                                                                     SEMESTER-III
  Syllabus                                                                          Paper Code: COMMCO98
                                                                                                              No. of Credits: 4
                                   

.COURSE OBJECTIVES:
·         Discusses fundamental concepts, principles, and rules of law that apply to business transactions. Includes the function and operation of the courts, business crimes, torts, contract law, intellectual property.
·         The application of the Uniform Commercial Code to business activities and recent developments in business law, such as cyber law and electronic commerce. 
COURSE LEARNING OUTCOMES:
With the successful completion of course requirements, the student will be able to do the following:
·         CO1:Understand the meaning of the term contract and identify essential elements of valid contract.
·         CO2:An offer is the first step in the formation of a contract. An offer is a proposal by one person to another to enter into a contract. The term offer is defined under Section 2(a)
·         CO3 :Identify the capacity of parties to enter into contract and explain the effects of minor agreement.
·         CO4:Distinctions of sale from other similar terms and formalities of contract of sale.
·         CO5:Describe the meaning  of cheques, crossing of cheques and cancellation of crossing of a chequeand Explain capacity and liability parties to a negotiable instruments
  
SYLLABUS

Unit-1: ContractLECTURE HRS:12

Meaning and Definition of Contract-Essential elements of valid Contract -Valid, Void and Voidable Contracts - Indian Contract Act, 1872.

Unit-II:  Offer and AcceptanceLECTURE HRS:12

Definition of Valid Offer, Acceptance and Consideration -Essential elements of a Valid Offer, Acceptance and Consideration.

Unit-III:  Capacity of the Parties and Contingent ContractLECTURE HRS:12

Rules regarding to Minors contracts - Rules relating to contingent contracts - Different modes of discharge of contracts-Rules relating to remedies to breach of contract.

Unit-IV:  Sale of Goods Act 1930LECTURE HRS:12

Contract of sale – Sale and agreement to sell – Implied conditions and warranties – Rights of unpaid vendor.

Unit-V:
The Negotiable Instruments Act 1881: LECTURE HRS:12

Meaning, Characteristics, and Types of Negotiable Instruments: Promissory Note, Bill of exchange, Cheque. Holder and Holder in Due Course, Privileges of Holder in Due Course. Negotiation: Types of Endorsements. Crossing of Chequeand Bouncing of Cheques.
Cyber Law and Contract Procedures
Cyber Law and Contract Procedures - Digital Signature - Safety Mechanisms.

Reference Books:

1.     J. Jayasankar, Business Laws, Margham Publication. Chennai -17

2.     Kapoor ND, Mercentile Law , Sultan Chand

3.     Balachandram V, Business law Tata

4.     Tulsian , Business Law Tata

5.     Pillai Bhagavathi, Business Law ,S.Chand.

6.     Business Laws, Maruthi Publishers


                                         Corporate Accounting                

                                                                                     SEM III
            PAPERCODE:COMMC097
 No of Credits – 4


COURSE OBJECTIVE
·         To enable the student to acquire the basis knowledge of the corporate Accounting and to learn the techniques of preparing the financial statements

COURSE LEARNING OUTCOME:

Upon successful completion of this course the student will have the ability to demonstrate

·         CO1:Explain the accounting treatment of shares issued at par, at premium and at discount including Oversubscription
·         CO2:Record the journal entries for the issue of debentures at par, at a discount and at premium method
·         CO3:Value shares by intrinsic value method; yield method and fair value method.
·         CO4:Prepare profit and loss account and balance sheet
·         CO5:Identify the new format of balance sheet as per revised Schedule VI;

 SYLLABUS

Units – I:                                                                       Lecture hours -15
Accounting for share Capital –concept &process of book building – Issue of rights and bonus share – payback of share  (preparation  of Journal and Ledger).

Unit- II:                                                                           Lecture hours -15
Issue and Redemption of Debentures – Employee Stock Options – Accounting Treatment for Convertible and Non-Convertible debentures (preparation of journal and Ledger)

Unit-III;                                                                               Lecture hours -15
Valuation of Goodwill and Shares: Need and methods – Normal profit Method , Super Profits Method – Capitalization Method – Valuation of share – Need for Valuation – Methoda of Valuation –Net assets method , yield basis method , Fair value method (including problems)

UNIT-IV:
Company Final Account:                                                        Lecture hours -15
Preparation of final Accounts – Adjustments relating to preparation of final accounts – Profit and loss account and balance sheet – Preparation of final account using computer (including problems )

UNIT-V Internal Reconstruction                                        Lecture hours -15
Internal Reconstruction –Accounting Treatment –preparation of final statements after reconstruction – Recording of transaction relating to Internal Reconstruction using computers

Reference books :
1). Corporate Accounting –RL Gupta &Radha swami
2).Advanced Accounting :Jain and Narang
3) . Advanced Accounting : R.L. Gupta and M.Radhaswamy, S Chand.


 INCOME TAX PRACTICE AND PROCEDURES

Total Hours:                                                                  SEMESTER-III
Syllabus                                          Paper Code:COMMC100
                                                                                         No. of Credits:

COURSE OBJECTIVES:
·         To gain knowledge about the direct tax laws in force for the relevant previous year and to provide an insight into procedural aspects for assessment of  total income and tax liability for assesses like Individuals and Hindu Undivided Family.
·         To know about the Assessment  Procedure and different Penalties and Prosecution on offences made by the Assessee.
COURSE LEARNING OUTCOMES:
Upon completion of the course, students will be able to:
·         CO1:Explain different types of Assessment, types of Returns and e-filing.
·         CO2:Compute the total income and tax liability of an Individual and to analyze the legitimate ways of tax planning.
·         CO3:Compute the total income and tax liability of Hindu Undivided Family and to analyze the legitimate ways of tax planning.
·         CO4:Know the various penalties on offences and prosecution.


 SYLLABUS

UNIT-I  Assessment Procedure :LECTURE HRS:15
Income Tax returns,Types of returns ,filing of e-return. Assessment, types of Assessment-Provisional Assessment –Regular Assessment –Best Judgement Assessment. Reassessment-Rectification of mistakes –Notice on Demand (theory only).

UNIT-I I Assessment of  Individuals::LECTURE HRS:15

System of taxation- Tax Rates- Computation of individual’s income tax liabilities in various capacities- Tax planning and management for Individual’s income.

UNIT- III  Assessment of Hindu Undivided Family::LECTURE HRS:15

Schools of Hindu Law- Definition- Residence- Assessment- Computation of tax- Tax Planning and management for HUF’s

UNIT-IVPenalties and Prosecution::LECTURE HRS:15

Offences- Offences and Prosecution- Penalties- Imposable Penalties.



REFERENCE BOOKS:
1.     Income Tax Practice- V.P Gaur &Narang.
2.     Students Guide to Income Tax                          -     Vinod Singhania
3.Income tax : B.Lal ,Pearson Education.
                            

ACCOUNTS FOR SERVICE ORGANISATIONS

Total Hours: 60                                                                                 SEMESTER-IV
Syllabus                                                                                     Paper Code: COMMC101
                                                                       

COURSE OBJECTIVE:
·         To again Knowledge on fundamentals of electricity supply companiesAnd Preparation of bank accounts and insurance companies.

COURSE LEARNING OUTCOME:

Upon successful completion of this course the student will have the ability to demonstrate

·         CO1:Prepare Income and Expenditure Account and Balance Sheet from a given Receiptand Payment Account and the relevant additional information;
·         CO2:To acquire the knowledge on the accounting system of electricity companies
·         CO3:Enlist the principal books of accounts of a banking company, subsidiary ledgers, other books and
·         C04:Registers and statistical books, and their usage.
·         C05:Define life insurance and describe its purpose and principle

  
SYLLABUS

UNIT I: ACCOUNTS OF NON- TRADING/SERVICE ORGANIZATION:
                 Lecture Hours: 10
Features- Preparation of receipts and payments accounts- Income and Expenditure account and balance sheet from the information.

UNIT II: ELECTRICITY SUPPLY COMPANIES: Lecture Hours:10
Accounts of electricity supply companies: Double Accounting system – Revenue Account – Capital Accounting – General Balance sheet (including problems).

UNIT III: BANK ACCOUNTS:Lecture Hours:15
 Bank Accounts – books and registers to be maintained by banks- Slip system of posting – rebate on bills discounted- Schedule of Advances- Nonperforming assets – Legal provisions relating to final accounts- preparation of final accounts – Preparation of Bank final Accounts using computer (including problems).

UNIT IV: INSURANCE COMPANIES:                          Lecture Hours:15
Life Insurance Companies- Preparation of Revenue Account, Profit and loss account,  Balance Sheet (including problems).

UNIT V:   GENERAL INURANCELecture Hours:10
General Insurance - principles – preparation of final accounts- with special reference to fire and marine insurance only(including problems).


REFERENCE BOOKS:

1.     Accountancy-III: S.P. Jain & K.L. Narang; Kalyani Publishers
      2.  Jain &Narang: Corporate Accounting, Kalyani publishers
3.S.M. Shukla: Advanced Accounting, SahityaBhavan


                                              (General, Tax and Computer)
Total Hours:60                                                                         SEMESTER-IV
                                                                                  Paper Code: COMMC108
                                                                                                    No. of Credits:4

Course Objectives:
·         The objective of company law is to introduce students to the statutory provisions that affect the companies.
·          To know the minimum standard of business integrity and conduct in promotion and management of companies. The basic objective of the course is to impart basic knowledge of the provisions of the Companies act 2013.
Course learning outcomes:
Upon completion of the course the student able

                                            SYLLABUS

UNIT 1:                                                               Lectures hrs:15
Introduction – Introduction to company, Characteristics of a company; National Company Law Appellate Tribunal (NCLAT), Special Courts; lifting of corporate veil; Types of companies including( one-person company, small company and dormant company; association not for profit; illegal association)
Incorporation: Formation of company, on-line filing of documents, promoters, their legal position, pre-incorporation contract; on-line registration of a company.
2:                                                                   Lectures hrs:15
Documents – Memorandum of association, Articles of association, Doctrine of constructive notice and indoor management prospectus-shelf and red herring prospectus, Misstatement in prospectus, GDR; Book building; Issue, allotment and forfeiture of share, Transmission of shares, Buyback and provisions regarding buyback; Issue of bonus shares.

UNIT 3:                                                                 Lectures hrs:10
Management: Classification of directors, women directors, independent director, small shareholder’s director; Disqualifications, director identity number (DIN); Appointment; Legal positions, powers and duties; removal of directors; Key managerial personnel, managing director, manager.

UNIT 4:                                                     Lectures hrs:10
Meetings and Audit committee:
Meetings of shareholders and board; Types of meeting, convening and conduct of meetings,postal ballot, meeting through video conferencing, e-voting; Committees of Board of Directors.
Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee.

UNIT V                                                                Lectureshrs :10
Dividends, Accounts, Audit– Provisions relating to payment of Dividend, Provisions relating
to Books of Account, Provisions relating to Audit, Auditors' Appointment, Rotation of
Auditors, Auditors' Report, Secretarial Audit.
Winding Up - Concept and modes of Winding Up

Suggested Readings:
1. A Compendium of Companies Act 2013, along with Rules, by Taxmann Publications.
2. Dr.S.R.Myneni, Company Law, Asia Law House,Hyderabad.
3. GK Kapoor and Sanjay Dhamija, Company Law, Bharat Law House, Delhi.
4. Anil Kumar, Corporate Laws, Indian Book House, Delhi
5. Avtar Singh, Introduction to Company Law, Eastern Book Company


Total Hours:60                                                                         SEMESTER-IV
                                                                                  Paper Code: COMMC108
                                                                                                    No. of Credits:4

Course Objectives:
·         The objective of company law is to introduce students to the statutory provisions that affect the companies.
·          To know the minimum standard of business integrity and conduct in promotion and management of companies. The basic objective of the course is to impart basic knowledge of the provisions of the Companies act 2013.
Course learning outcomes:
Upon completion of the course the student able

                                            SYLLABUS

UNIT 1:                                                               Lectures hrs:15
Introduction – Introduction to company, Characteristics of a company; National Company Law Appellate Tribunal (NCLAT), Special Courts; lifting of corporate veil; Types of companies including( one-person company, small company and dormant company; association not for profit; illegal association)
Incorporation: Formation of company, on-line filing of documents, promoters, their legal position, pre-incorporation contract; on-line registration of a company.
2:                                                                   Lectures hrs:15
Documents – Memorandum of association, Articles of association, Doctrine of constructive notice and indoor management prospectus-shelf and red herring prospectus, Misstatement in prospectus, GDR; Book building; Issue, allotment and forfeiture of share, Transmission of shares, Buyback and provisions regarding buyback; Issue of bonus shares.

UNIT 3:                                                                 Lectures hrs:10
Management: Classification of directors, women directors, independent director, small shareholder’s director; Disqualifications, director identity number (DIN); Appointment; Legal positions, powers and duties; removal of directors; Key managerial personnel, managing director, manager.

UNIT 4:                                                     Lectures hrs:10
Meetings and Audit committee:
Meetings of shareholders and board; Types of meeting, convening and conduct of meetings,postal ballot, meeting through video conferencing, e-voting; Committees of Board of Directors.
Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, Corporate Social Responsibility Committee.

UNIT V                                                                Lectureshrs :10
Dividends, Accounts, Audit– Provisions relating to payment of Dividend, Provisions relating
to Books of Account, Provisions relating to Audit, Auditors' Appointment, Rotation of
Auditors, Auditors' Report, Secretarial Audit.
Winding Up - Concept and modes of Winding Up

Suggested Readings:
1. A Compendium of Companies Act 2013, along with Rules, by Taxmann Publications.
2. Dr.S.R.Myneni, Company Law, Asia Law House,Hyderabad.
3. GK Kapoor and Sanjay Dhamija, Company Law, Bharat Law House, Delhi.
4. Anil Kumar, Corporate Laws, Indian Book House, Delhi
5. Avtar Singh, Introduction to Company Law, Eastern Book Company



INCOME TAX PRACTICE AND PROCEDURES-II

Total Hours:                                                                  SEMESTER-IV
Syllabus                                          Paper Code:COMMC105
                                                                                         No. of Credits:4
                    
COURSE OBJECTIVES:
·         To gain knowledge about the direct tax laws in force for the relevant previous year and to provide an insight into procedural aspects for assessment of  total income and tax liability for assesses like Association of Persons, Partnership Firms and Companies.
·         To know about the various Income Tax Authorities and tax planning of different assesses like Individual, Hindu Undivided Family and Partnership Firms.
COURSE LEARNING OUTCOMES:
Upon Completion of the course, students will be able to:
·         CO1:Compute the total income and tax liability of Association of Persons and  Partnership Firm under section 184 and 185.
·         CO2:Compute the total income and tax liability of Companies.
·         CO3:Know about the various Income Tax Authorities, their functions, powers and jurisdiction.
·         CO4:Differentiate between tax planning and tax evasion and to know various tax planning ways of assesses.

 SYLLABUS

UNIT-I:  Assessment of Partnership Firms:                  Lecture hours:20
Computation of total Income for Partnership Firms- PFAOP, PFAF, assessment of partnership firms as such ,setoff and carry forward of losses. Deductions allowed, Assessment of Partnership Firm as Association of persons, Compuation of tax in case of PFAOP.

UNIT- II Assessment of Companies:                       Lecture hours:15
Definition- Residence of a company- Special provision in computation of profits from Business- Deductions from Gross Total Income- Rates of tax, Tax on distributed profits.
                   
UNIT- III  Income Tax Authorities:                       Lecture hours:15
Income tax authorities – Central Government- CBDT- Director General/Director- Chief Commissioner or Commissioner of Income Tax- Assessing Officer.

UNIT-VI Tax Planning:                                           Lecture hours:10
Tax Planning- Meaning- Difference- Tax Planning for Individuals, HUF and Partnership Firms.

REFERENCE BOOKS:
1.Income Tax practice-V.P Gaur &Narang
2.Students Guide to Income Tax                          -     VinodSinghania
3.Income tax -B .Lal ,Pearson Education.


INCOME TAX LAW AND PRACTICE
Total Hours:                                                       SEMESTER-IV
No. of Credits: 4                                      Paper Code:COMMC104
COURSE OBJECTIVE:
·         This course is an introduction to fundamental concepts in federal income taxation, including the definition of income, the computation of tax liability.
·         The course will also present brief overviews of concepts explored in more detail in other courses, including capital gains and losses and other sources.
COURSE LEARNING OUTCOMES:
       Upon successful completion of this course students will demonstrate
·         CO1 : An overview of Indian tax system and tax rates.
·         CO2 : Computation of income from salary and qualified deductions U/s80c
·         CO3:Determination of  house property
·         CO4 :Computation of capital gains, Profit and Gains Business or Profession , Other sources.
·         CO5:Computation of total income of an individual.


SYLLABUS

UNIT – I : Introduction  :  lecture hours:5
Income tax law – Basic concepts : Income , Person , Assessee , Assessment year , Previous year , Agricultural income , Capital and revenue , Permanent Account number (PAN) Residential status, Income exempt from tax U/s 10.
UNIT – II : Income from salary  :     lecture hours:15
Allowances , perquisites , profits in lieu of salary , deductions from salary income , computation of salary income and qualified savings eligible for deductions u/s 80c (including problems).
UNIT – III : Income from House property : lecture hours:10
Annual value , let out/ self occupied / deemed to be let out house, deductions from annual value – computation of income from house property (including problems).
UNIT – IV : Income from capital gains – Income from other sources& Profits and Gains of Business or Profession:lecture hours:20
Income from capital gains – Income from other sources ( from individual point of view ) – chargeability – and assessment (including problems).Computation of business or profession.
UNIT – V: Computation of total income of an individual:  lecture hours:10
Computation of total income of an individual and Deductions u/s 80 C (including problems).
Practical Lab :
Filing of returns : Manually , On – line filing of Returns of Income & TDS ; Provision & Procedures of compulsory on – line filing of returns for specified assesses.
Reference Books :Gaur and Narang; Income Tax Law and Practice , Kalyani Publishers , New Delhi

          
INDIRECT TAXES
Total Hours:60 SEMESTER-V
  Paper Code: COMMC111
                                                                                       No. of Credits:4

Course objectives:
·         Government has to perform many functions in the discharge of its duties like infrastructure development, health, education, defence of the country, removal of poverty, maintenance of law and order, etc.
·         To meet these requirements huge amount of capital is required. The question arises, from where does government get money for fulfilling all these activities and for the development of the nation?
·         The government collects money from public through a wide variety of sources i.e. fees, fines, surcharges and taxes which are defined later in this lesson. The most important of these is taxation. In this lesson we will discuss various types of indirect taxes
Course Learning Outcome :
After studying this lesson, you will be able to:
·         CO1: Acquaint yourself with the sources of revenues of the government;
·         CO2 :Define direct taxes and indirect taxes;
·         CO3 :Distinguish between direct taxes and indirect taxes;
·         CO4 :State merits and demerits of direct taxes and indirect taxes;
·         CO5 :Enumerate sources of direct taxes and indirect taxes;
·         CO6 :Define various types of indirect taxes like, excise duty, customs duty(import and export), Value Added Tax (VAT);  and their levy and collection.
·         CO7 :Distinguish between sales tax and value added tax.

SYLLABUS
                                                                  
Unit –I: Central Sales Tax/G.S.T :   Lecture hours 12

Objectives of CST Act, Dealer-Business-Sales-Goods-Declared goods, Turnover - Sale Price - Sales Exempt from Central Sales Tax, Interstate and Intra state sale, sales in the course of imports and exports, registration under CST Act.                                              
Unit- II: Customs Act: Lecture hours:12
Types of Custom Duties- Valuation for Customs Duty- Tariff Value-Customs Value- Methods of Valuation for Customs - Problems on Custom Duty Assessment.                                                            
Unit –III: Central Excise:Lecture hours:12
Procedures relating to Levy, Valuation and Collection of Duty, Types ofExcise Duties- Cenvat Credit- Classification of Excisable Goods- Valuation of Excisable Goods-Central Excise Procedures (including problems)
.
Unit –IV: Service Tax:                                            Lecture hours:12
Features of Service Tax- Levy and Collection - Service Tax Administration-Exemptions from Service Tax - Taxable Services- Determination of Service Tax Liability (including problems)                                     
Unit -V: VAT:                                                       Lecture hours:12
Concept and Principles - Calculation of VAT Liability including input Tax Credits,Small Dealers and Composition Scheme, VAT Procedures.
References:
1.     Customs Law Manual and Customs Tariff of India- R K Jain
2.     Central Excise Manual and Central Excise Tariff- Taxman's
3.     CENVAT Law and Procedure- Taxman's
4.     Income Tax Law including VAT/Service Tax- T N Manoharan, Snow White Publications
5.     Direct taxes Law & Practice – VinodhSinghania, Kapil Singhania, Taxman.
6.     Direct Taxes- H C Mehrotra and Goyal, SahithyaBhavan Publications.
7.     Direct Taxes- Gaur and Narang, Kalyani Publishers, Ludhiana.


ADVANCED CORPORATE ACCOUNTING
                                                Total Hours:60 SEMESTER-V
Paper Code:COMMC114
          No. of Credits:

COURSE OBJECTIVES :
·         Present corporate world is not restricted to single business and national boundaries.The corporate need to have a global perspective and grow accordingly.
·         The objective of including corporate accounting is to give a clear understanding and knowledge to the students in the area of corporate accounting and other related matters.
COURSE LEARNING OUTCOMES:
Upon completion of the course the student will be able to
·         CO1 :Understand the legal requirements relating to presentation of accounts by a holding company, Consolidated financial statements ,Consolidated Balance sheet , having knowledge relating to important factors  and their accounting treatment such as minority interest ,cost of capital, post -acquisition profits  and pre- acquisition profits ,capital profits
·         CO2:After studying this chapter the student will able to understand features of liquidation, legal provisions with respect to different modes of winding up, contributories ,order of payment ,preferential payments ,preparation of statement  affairs, and liquidators’ final statement
·         CO3:Understand different types of Amalgamation, Vital factors that have significant accounting  impact,  computation of purchase consideration by different methods, and methods of accounting like pooling of interests method and the purchase method
·         CO4:Identify the reasons why lease can be useful for lessee, different types of leases, Lease agreements Disclosure and presentation
·         CO5:Computation of Hotel accounts
                                     
SYLLABUS

Unit I: Holding Companies (AS21):Lecture hours:12
Meaning and definition of Holding and Subsidiary Companies - Legal Requirement Relating to Presentation of Accounts of Holding Companies and its subsidiaries – Consolidated of balance sheet and Profit and Loss Account.
Unit II: Liquidation of Companies:  Lecture hours:12
Meaning of Liquidation - Modes of Winding up - Contributory order of Payment –Preferential Creditors - Statement of Affairs-Deficiency or Surplus Accounts – Liquidators’ Final Statement.           
Unit III: Amalgamation of Companies (AS – 14):    Lecture hours:12
 Amalgamation – Meaning – Types - Purchase Consideration –Computation of Purchase Consideration – entries in the books of the transferor and transferee - Special Adjustment Entries for Inter-Company Owings and Holdings.       
Unit IV: Lease Accounting:Lecture hours:12
 Meaning- Terms used in leasing – Popularity of Leasing –Advantages and Disadvantages – Classification – Operating and Financial lease –Accounting for Financial Lease – Books of the Lessee and Lessor. Operating lease - Accounting for Operating Lease – Books of the Lessee and Lessor
                                                                                      Unit V: Hotel Companies Accounts   Lecture hours:12
 Nature of Hotel Business- Hotel Organization- Heads of Revenue and Expenditure- classification of Guests-Important Terms- System of Book-keeping- Proforma of Visitors’ or Guests Ledger- Internal Control System in a Hotel- Night Audit- Final Accounts- Significant Accounting Policies- (Key Terms – Test Questions- Practical Problems)
References:
1.Advance corporate Accounting: S.P.Jain and K.L.Narang
2.Corporate Accounting :S.P.Jain and K.L.Narang     
3.Advance Accountancy  volume II : S.P. Jain K.L.Narang


COMPUTERS APPLICATIONS IN ACCOUNTING

Total Hours: 60                                                             SEMESTER-V
Syllabus                                                                          Paper Code:COMMC112
 No. of Credits:4
                                   
COURSE OBJECTIVES:
·         This course is designed to impart students with the essential knowledge and practical skills to understand and utilize the India’s most leading ERP system – tally. ERP9.
·         Tally is an Accounting package which is used for learning to maintain accounts.
·         As this course is useful for commerce students to placements in different office as well as companies in Account departments.
COURSE LEARNING OUTCOMES:
Upon Completion of the course the student will be able to
·         CO1:To get knowledge about the computerized accounting advantages and disadvantages and tally features, company creation screen and recording of ledgers, groups in tally.
·         CO2:To get knowledge about the inventory reports and VAT calculations in tally.
·         CO3:To get knowledge about the creation of cost centres, categories, budgets and stock items, categories and items in tally.
·         CO4:To get knowledge about the F: 11 and F: 12 settings in tally.
·         CO5:To get knowledge about the creation of different vouchers in tally. (i.e., rejection in voucher, delivery note voucher, physical stock voucher.) 

SYLLABUS

Unit I: Introduction to Computerized Accounting:    Lecture Hours:10
Introduction to computerized accounting – Meaning and features – Advantages and Limitations.
Features of Software – Tally Screen Components – Creation of Company in Tally – Company features (F:1) – Configuration (F:2) – Processing Transitions in Tally – Groups and Ledgers - Accounting Vouchers – Recording of Transactions – Report Generation – Financial Reports in Tally.

Unit II: Introduction to Trading Organizations and Manufacturing Organizations:
                                                                                      Lecture Hours:12
Introduction to Inventory – Purchases and Sales – Recording of Transactions – Inventory Vouchers – Inventory Reports.VAT for Composite dealers – Salient features of VAT compliant Tally – Enabling VAT – Recording of transactions – VAT Reports.

Manufacturing Stock Journal – Bills of Materials – Recording of transactions – Creation of Go downs – Creation of Cost Centers – Reports.

Unit III: a) Advanced Accounting in Tally.ERP9       Lecture Hours:10
Bill-wise Details – Cost centers and Cost categories – Voucher classes – Cost centre class – Multiple Currencies – Interest Calculation – Budgets & Controls – Scenario Management – Banking – Stock Summary – Trial Balance – Practical exercises.
b) Creating inventory masters in tally.ERP 9                       Lecture hours:10
Stock group – Stock categories – Units of measure – Godowns – Stock items – Voucher type – Walkthrough for Creating Inventory Masters – Practice Exercises.
Unit IV: Advanced inventory in tally.ERP9    Lecture hrs: 10
Order processing – Reorder Levels – Tracking Numbers – Batch Wise Details – Additional Cost Details – Bill of Material (BOM) – Price Levels and Price Lists – Stock Valuation – Zero Valued Entries –Inventory Ageing Analysis – Different Actual and Bill Quantities.
Unit V: Voucher entry in tally.ERP 9                          Lecture Hours:8
Inventory Vouchers – Purchase Orders – Sales Orders –Receipt Note – Delivery Note –Rejections Out – Rejections In – Manufacturing Journal – Physical Stock Voucher – Transfer Journal – Walkthrough for Recording Inventory Vouchers – Invoicing – Practical Exercises.
Prescribed Manual:Tally Financial Accounting Program by Tally Solutions.


III BCOM GENERAL,TPP,BCAP
COST ACCOUNTING
Total Hours:  60                                                                                                   SEMISTER-V
  Paper code:COMMC109
                                                                                                                       No. of credits: 4
Course Objective:
·         To gain knowledge of the cost concepts, techniques of material control, labour and overhead control techniques and the expertise in the methods of costing and costing techniques.
Course learning outcomes:
Upon successful completion of the course the student will be able to –

·         CO1:Identify different classification of costs and to differentiate cost &Financial accounting.
·         CO2:Differentiate methods of calculating stock consumption.
·         CO3:Understand various types of systems of wage payment and incentives
·         CO4:Appraise the accounting and control of administrative, selling and distribution of overheads.
·         CO5:Understand the meaning and distinctive features of job and process costing.
·         CO6 :Computation of variances related to material, labour and overheads.
 SYLLABUS

Unit-I: Introduction                          Lecture hours: 5
 Distinguish between Financial Accounting, Cost Accounting and management accounting - Cost Concepts and Classification – Cost Centre and Cost Unit – Preparation of Cost Sheet.
 Unit-II: Elements of Cost                 Lecture hours: 10
 Materials: Material control – Selective control, ABC technique – Methods of pricing issues – FIFO, LIFO, Weighted average, Base stock methods, choice of method (including problems).
Unit-III: Labour and OverheadsLecture hours: 15
Labour: Control of labour costs – time keeping and time booking – Idle time –Methods of remuneration – labour incentives schemes - Overheads: Allocation and apportionment of overheads – Machine hour rate.
 Unit-IV: Methods of Costing         Lecture hours: 10
Job costing – Process costing - treatment of normal and abnormal process losses – preparation of process cost accounts – treatment of waste and scrap, joint products and by products (including problems).
 Unit -V: Costing TechniquesLecture hours: 10
Standard costing – Variance Analysis (including problems).

 References:
 1. S.P. Jain and K.L. Narang – Advanced Cost Accounting, Kalyani Publishers, Ludhiana.
 2. M.N. Aurora – A test book of Cost Accounting, Vikas Publishing House Pvt. Ltd.
 3. S.P. Iyengar – Cost Accounting, Sultan Chand & Sons.
 4. Nigam & Sharma – Cost Accounting Principles and Applications, S.Chand& Sons.
 5. S.N .Maheswari – Principles of Management Accounting.
6. I.M .Pandey – Management Accounting, Vikas Publishing House Pvt. Ltd.
 7. Sharma & Shashi Gupta – Management Accounting, Kalyani Publishers. Ludhiana.

CUSTOMS LAW & PRACTICE
Total Hours:  60                    SEMESTER-V
No. of Credits: 4                                                              Paper Code:COMMC118

Course Objective:
·        To acquaint the students with basic principles underlying the provisions of Indirect tax Laws and to develop a broad understanding of the tax laws and accepted tax practices
Course Learning outcomes:
Upon completion of the course the student will be able to
·        CO1:Have the understanding of the basic and practical aspects of customs law.
·        CO2:Develop knowledge of WTO, trade regulations .
·        CO3:Be able to value the imported and export goods for payment of duty.
·        CO4:Understand clearance procedures involved in importation and exportation of goods.
·        CO5:Able to understand Duty draw back provisions on re-export of duty paid goods.


SYLLABUS

UNIT – I: Introduction to Customs Duty                    Lecture hours: 15
Brief Background of customs law- WTO and India, Scope and coverage of Customs law; nature of customs duty; type of duties – Basic custom duty, Special additional duty, protective duty –countervailing duty-antidumping duty-safeguard duty-export duty; rate of duty applicable – a emergency power to increase duty.

UNIT – II: Valuation for Customs Duty                     Lecture hours: 15
Value for the purpose of customs Act, valuation rules for imported goods, GATT valuation code, customs value –Inclusions and Exclusions  from assessable value, Declaration by importer, methods of valuation for customs.
UNIT – III: Import and Export Procedure                    Lecture hours: 20
Import procedure- by the carrier,- by the importer, assessment of duty and clearance- assessment of customs duty –customs clearance – demurrage of unclear goods; Export Procedure – procedure by person in charge of conveyance – procedure to be followed by the exporter – shipping bill to be submitted by the exporter – permission to export by customs – Let Export order by customs authorities.
UNIT –IV: Duty drawback                                         Lecture hours: 10
Duty Drawbacks, types of drawbacks, rates, duty drawback on re-export
Reference books:
Indirect Taxes Law & Practice: V.S.Datey


E-Commerce

Total Hours: 60                                                                                           SEMESTER-V
                                                                                                            Paper Code:COMPCO69
No. of Credits: 4      
COURSE OBJECTIVE:
·         To enable the student to become familiar with the mechanism forConducting business transactions through electronic means
COURSE LEARNING OUTCOMES:
 Upon successful completion of this course the student will have the ability to demonstrate
·         CO1:Detail what is meant by the term ‘e-commerce’ meaning nature ,concepts
·         CO2 :To understand the systematic approach involving decisions regarding selection of hardware, software
·         CO3:To understand the fundamentals of e-commerce security environment
·         CO4:Understand the role of online transactions
·         CO5:You will gain the skills and project-based experience needed for entry into web design andDevelopment careers.


SYLLABUS

UNIT- 1: Introduction: Lecture Hours: 12
Meaning, nature, concepts, , advantages, disadvantages and reasons for Transacting online, Types of E-Commerce, E-Commerce Business Models (introduction, Key elements of a Business Model and categorizing major E-Commerce business models), forces behind e-Commerce.
UNIT-2 : Technology used in E-Commerce:                   Lecture Hours: 10
The dynamics of World Wide Web and Internet (meaning, evolution and features); Designing, building and launching e-commerce website (A systematic approach involving decisions regarding selection of hardware, software, outsourcing Vs. in – house development of a website)
UNIT- 3: Security and Encryption: Lecture Hours: 12
Need and concepts, the e-commerce security environment: (dimension, definition and scope of security), security threats in the E-Commerce Environment (security intrusions and breaches, attacking methods like hacking, sniffing, cyber – vandalism etc.), technology solutions (Encryption, security channels of communication, protecting networks and protecting servers and clients).
UNIT- 4: On-Line Business Transactions       Lecture Hours: 14
Meaning, purpose, advantages and disadvantages of Transacting online, E-commerce applications in various industries like { banking, insurance, payment of utility bills, online marketing, e-tailing (Popularity, benefits, problems and features), online services (financial, travel and career), auctions, online portal, online learning, publishing and entertainment} online shopping (Amazon, Snap deal, Alibaba, Flipkart, etc.)
UNIT- 5: Website Designing:Lecture Hours: 12
Introduction to HTML; tags and attributes: Text Formatting, Fonts, Hypertext Links, Tables, Images, Lists, Forms, Frames, Cascading Style Sheets.

Reference Books:
1.     Kenneth C.Laudon and Carlo GuercioTraver, E-commerce, Pearson Education.
2.     David Whitley, E-Commerce:  strategy, Technology and Applications, McGraw Hill Education.
3.      Bharat Bhaskar, Electronic Commerce: Framework, Technology and Applications, 4th Ed., McGraw Hill Education.
4.      P.T.Joseph, E-commerce:  An Indian perspective, PHI Learning.
5.      KK Bajaj and Debjani Nag, E-Commerece, McGraw Hill Education.


GENERAL
FINANCIAL MANAGEMENT
    Total Hours:                                                                          SEMESTER-V
    Paper Code: COMMC113
No. of Credits: 4
Course objective:
·         FINANCIAL Management is designed to expose the student to the financial issues of determining the monetary resources needed by a business, the mix of these resources, the sources and uses of funds, the benefits, risks and costs associated with different types of resources an financing.
Course learning outcomes:
Upon completion of Financial Management, the learner will be able to
·         CO1 Demonstrate an understanding of the overall role and importance of the finance function
·         CO2Demonstrate basic finance management knowledge.
·         CO3 Explain alternative sources of finance and investment opportunities in their suitability and in their particular circumstances
·         CO4 Demonstrate knowledge of Time value of money over time and its uses
·         CO5Assess the factors affecting investment decisions and opportunities presented to an organization
·         CO6Apply techniques in managing working capital
  
SYLLABUS

Unit I: Nature of Financial Management: -                   Lecture hours:12

 Meaning and scope of finance function - Goals of financial management - Profit maximization - Wealth maximization - Importance of financial management. Financial Planning and forecasting - Factors affecting financial planning.


Unit II: Capital Budgeting:                   Lecture hours:12
Capital Budgeting Process –Project Appraisal techniques –Selection Process under Capital Rationing.

UnitIII: Cost of Capital–                                    Lecture hours:12
Concept-Importance and types of cost of capital - Measurement of cost of capital - Weighted average cost of capital - Operating and financial leverages.

Unit IV:Capital structure–                                 Lecture hours:12
Meaning, factors affecting capital structure -Capital structure Theories.

Unit V: Working capital management: - -                   Lecture hours:12
Concept of working capital - liquidity vs. Profitability- Need and importance of working capital.Determinants ofworking capital- Components of working capital - Computation of working capital.


Text Book

1. M.Y.Khan and P.K.Jain, (2007), Financial Management, Tata McGraw Hill, New Delhi.

Books for References

1. V.K. Saxena and C.D.Vashis, Essentials of Financial Management (2010), Sultan Chand and Sons, New Delhi.
2. Brealey and Mysers, (1985), Principles of Corporate Finance, Tata McGraw Hill, New Delhi.
3. Prasanna Chandra, (2008), Financial Management Theory and Practice - Tata McGraw Hill, New Delhi.
4. T.S. Reddy & Y. Hari Prasad &Reddy(2013), Financial Management, Margham Publications, Chennai.
5. Ramachandran (2011), Financial Management, Tata McGraw- Hill, New Delhi.

MARKETING ( GENERAL AND TPP)

Hours per week: 60                                       SEMISTER –V                             
 Paper Code :COMMC110
No.of Credits: 4
COURSE OBJECTIVE:
·         This course studies the interacting business activities designed to plan, price, promote and distribute want-satisfying products and services to present and potential customers.
·         The course incorporates current developments in marketing to acquaint students with the present-day challenges of marketing activities.
COURSE LEARNING OUTCOMES:
Uponsuccessful completion of this course the students will have demonstrated the ability
·         CO1 :They can know how the environment influencing the marketing.. 
·         CO2:The students have an idea how segmentation was done by the business people.
·         CO3 :Students get knowledge about the product cycle.
·         CO4:They know how the price will be fixed for a product.
·    CO5 :Students get knowledge about promotion activities which tool is better for various businesses.
SYLLABUS

Unit-I: Introduction:Lecture Hour: 15

Concepts of Marketing: Product Concept – Selling Concept - Societal Marketing Concept – Marketing Mix-4 P’s of Marketing – Marketing Environment.

Unit-II: Consumer Markets and Buyer Behaviour:Lecture Hours: 10

Buying Decision Process – Stages – Buying Behaviour –Market Segmentation – Selecting Segments– Advantages of Segmentation.

Unit-III: Product Management:Lecture Hour: 10

Product Life Cycle- New products, Product mix and Product line decisions - Design, Branding, Packaging and Labeling.

Unit-IV: Pricing Decision:LectureHour: 10

Factors influencing price determination, Pricing strategies: Skimming and Penetration pricing.

Unit-V: Promotion and Distribution:LectureHour:15

Promotion Mix - Advertising - Publicity – Public relations -Personal selling and Direct marketing -Distribution Channels – Online marketing- Global marketing.

References:

1. Philip Kotler, Marketing Management, Prentice Hall of India.
2. Philip Kotler & Gary Armstrong, Principles of Marketing, Pearson Prentice Hall
3. Stanton J. William & Charles Futrel, Fundamentals of Marketing, McGraw Hill Company
4. V.S. Ramaswamy S. Nama Kumari, Marketing Management – Planning, McMillan


PROJECT MANAGEMENT
Total hours:24                                                                                     SEMESTER - V
                                                                                                            Paper code:COMMC120
                                                                                                                        No of credits:2
COURSE OBJECTIVES:
·         Implement project management knowledge, process, life cycle and the embodied concepts, tools and techniques in order to achieve project success.
·         Demonstrate effective project execution and control technique that result in successful projects.
COURSE LEARNING OUTCOMES:
·         CO1 :Understand the project, the process and the manager
·         CO2:Generating ideas and practical tools and techniques
·        CO3 :Students will be able to describe a project life cycle, and can skillfully map each stage in the cycle
·        CO4 :Students will be able to develop a project scope while considering factors such as customer requirements and internal/external goals

SYLLABUS                                                                                                  -
Unit-I:-                                                           Lecture hours:12
 Basics of Project Management: Project Identification,Project Initiation- Project Life Cycle- Project planning, Resource allocation, Scheduling, Project Cost Estimate and Budgets- CPM-PERT
Unit-II:-                                                           Lecture hours:12
 Project Performance Measurement and Evaluation: Performance Measurement- Productivity, Performance Evaluation, Challenges of Performance Measurement and Evaluation.
Unit-III:-                                                                                 Lecture hours:12
 Project Execution, Control and Close-out: Project Execution, Project Control, Purpose of Execution and Control- Project Close-out ,Project Termination, Project Follow-up.

References:
1. Horald kerzer, Project Management: A Systematic Approach to Planning, Scheduling and Controlling, CBS Publishers.
2. S.Choudhury, Project Management: Project Scheduling and Monitoring in practice, south Asia publishers ltd.
3. P.K.Joy, Total Project Management: the Indian context, Macmillan India ltd.
4. John M Nicholas, project management for business and technology: principles and practice, prentice hall of India.
5. N.J. Smith(Ed), Project Management, Blackwell publishing.
6. Jack r Meredith and Samuel J Mantel, Project Management: a managerial approach, John Wiley.


TAX PLANNING AND MANAGEMENT
Subject: Commerce                                                       SEMESTER-V
Paper code:COMMC117
COURSE OBJECTIVES:
·         The objective of this course is to provide the student to identify the taximplications i.e how taxes affect business decisions. 
·         Taxes impact, and often drive business decisions in diverse areas as financial decisions, managerial decisions, foreign income and foreign collaboration.
COURSE LEARNING OUTCOMES:
Upon completion of the course, students will be able:
·         CO1 : To define tax planning, tax management, tax evasion and tax avoidance and their differences. Students will recognize potential opportunities for tax savings and tax planning in setting up a new business.
·         CO2:Identify various tax benefits regarding financial decisions.
·         CO3:It  will be helpful in taking different managerial decisions after evaluating and reviewing the impact of direct laws.
·         CO4:To know about the impact of tax on foreign income and how to avoid double taxation.
·         CO5 :To compute the tax liability of domestic company and to know the about the relief provisions  U/S 90 and 91 for  Foreign Collaboration.
  
SYLLABUS

Unit-I:Tax Planning:                                                                            lecture hours 15
 Difference between tax planning, tax avoidance, tax evasion and tax management - Tax planning with reference to setting up a New Business - Form and Size - Tax Holiday, etc.
Unit-II:Tax Planning of Financial Decisions:lecture hours 15
Absorption, Mergers, De-mergers and Takeovers - Reorganization or Restructuring of Capital - Decisions such as Borrowing or Investment Decisions.
Unit-III:Tax Planning on Managerial decisions:                              lecture hours 15
Own or lease - Make or buy decisions - Repair, replace, renewal or renovation of assets - Shut down or Continue decision.
Unit-IV: Tax planning on Foreign income:                                         lecture hours 10
Selling in domestic or foreign marker - Avoidance of double taxation agreement - Foreign collaborations and joint ventures.
Unit-V:Foreign Collaborations:                                                           lecture hours 10
Incidence of tax on Domestic companies - Provisions for relief in respect of Double taxation - Double Taxation Avoidance Agreements.
References:
1. E.A. Srinivas, Corporate Tax Planning, Tata McGraw Hill.
 2. Vinod K. Singhania, Taxman’s Direct Taxes Planning and Management.
 3. Taxman, The Tax and Corporate Law Weekly.
 4. Bhagawati Prasad, Direct Taxes Laws Practice, WishwaPrakashan.
5. Ahuja, Girish & Ravi Gupta. Corporate Tax Planning and Management, Bharat Law House.
 6. Acharya, Shuklendra and M.G. Gurha, Tax Planning under Direct Taxes. Modern Law Publication, Allahabad.
7. IAS – 12 and AS – 22.
 8. T.P. Ghosh, IFRSs. Taxman Publications Pvt. Ltd. New Delhi


CENTRAL EXCISE

SEMESTER-V
 Total hrs: 60  Paper code:COMMC119

Course Objective:
·         The major objective of the central excise subject is to provide students with the conceptual understanding of Indirect tax in India.
Course Learning Outcomes:
Upon completion of the course, students will be able to:
·         CO1: Explain concept of liability of central excise duty.
·         CO2: Discuss the concept of rules for interpretation of CETA.
·         CO3: To compute assessable value under central excise.
·         CO4 :Compute the provision of general SSI exemptions.
·         CO5 :Know the various penalties on offences and prosecution.

SYLLABUS

UNIT I: LIABILITY OF CENTRAL EXCISE DUTY      Lecture hrs:10   
Brief  history of Excise Law, Nature of Excise duty, Goods, Excisable goods, Manufacturer, Deemed Manufacturer.

UNIT II: CLASSIFCATION OF GOODS                           Lecture hrs:10
Central Excise Tariff Act, Rules for interpretation of CETA, Principles of classification.

UNIT III: VALUATION UNDER CENTRAL EXCISE     Lecture hrs:15
Assessable value, Inclusions in Assessable value , Exclusions in Assessable value, Central Excise Valuation Rules, Valuation in specified cases, Practical Examples on valuation.

UNIT IV: EXCISE AND SMALL SCALE INDUSTRIES  Lecture hrs:12
Provisions of  general SSI exemptions, Clubbing of clearances of SSI, Branded goods and SSI.

UNIT V: PENALTIES AND PUNISHMENTS                     Lecture hrs:13
Offences under the Act, Penalties, Prosecutions for Offences, evidence.



REFERNCE BOOKS:
Indirect Taxes& Practice – V.S DATEY


COMPUTER APPLICATIONS IN ACCOUNTING(TALLY)
Total Hours: 60                                                             SEMESTER-II
                                                                   Paper Code: COMMC093
 No. of Credits:4
COURSE OBJECTIVES:
·         This course is designed to impart students with the essential knowledge and practical skills to understand and utilize the India’s most leading ERP system – tally. ERP9. Tally is an Accounting package which is used for learning to maintain accounts.
·         As this course is useful for commerce students to placements in different office as well as companies in Account departments.
COURSE LEARNING OUTCOMES:
Upon completion of the course the student will be able
·         CO1:To get knowledge about the computerized accounting advantages and disadvantages and tally features, company creation screen and recording of ledgers, groups in tally.
·         CO2:To get knowledge about the inventory reports and VAT calculations in tally.
·         CO3To get knowledge about the creation of cost centres, categories, budgets and stock items, categories and items in tally.
·         CO4:To get knowledge about the F: 11 and F: 12 settings in tally.
·         CO5:To get knowledge about the creation of different vouchers in tally. (i.e., rejection in voucher, delivery note voucher, physical stock voucher.) 

Syllabus

Unit I: Introduction to Computerized Accounting:    Lecture Hours:10
Introduction to computerized accounting – Meaning and features – Advantages and Limitations.
Features of Software – Tally Screen Components – Creation of Company in Tally – Company features (F:1) – Configuration (F:2) – Processing Transitions in Tally – Groups and Ledgers - Accounting Vouchers – Recording of Transactions – Report Generation – Financial Reports in Tally.

Unit II: Introduction to Trading Organizations and Manufacturing Organizations:
                                                                                      Lecture Hours:12
Introduction to Inventory – Purchases and Sales – Recording of Transactions – Inventory Vouchers – Inventory Reports.VAT for Composite dealers – Salient features of VAT compliant Tally – Enabling VAT – Recording of transactions – VAT Reports.

Manufacturing Stock Journal – Bills of Materials – Recording of transactions – Creation of Go downs – Creation of Cost Centers – Reports.

Unit III: a) Advanced Accounting in Tally.ERP         Lecture Hours:15
Bill-wise Details – Cost centers and Cost categories – Voucher classes – Cost centre class – Multiple Currencies – Interest Calculation – Budgets & Controls – Scenario Management – Banking – Stock Summary – Trial Balance – Practical exercises.
b) Creating inventory masters in tally.ERP 9                       Lecture hours:15
Stock group – Stock categories – Units of measure – Godowns – Stock items – Voucher type – Walkthrough for Creating Inventory Masters – Practice Exercises.
Unit IV: Advanced inventory in tally.ERP9
Order processing – Reorder Levels – Tracking Numbers – Batch Wise Details – Additional Cost Details – Bill of Material (BOM) – Price Levels and Price Lists – Stock Valuation – Zero Valued Entries –Inventory Ageing Analysis – Different Actual and Bill Quantities.
Unit V: Voucher entry in tally.ERP 9                                   Lecture Hours:8
Inventory Vouchers – Purchase Orders – Sales Orders –Receipt Note – Delivery Note –Rejections Out – Rejections In – Manufacturing Journal – Physical Stock Voucher – Transfer Journal – Walkthrough for Recording Inventory Vouchers – Invoicing – Practical Exercises.
Prescribed Manual:Tally Financial Accounting Program by Tally Solutions.


Total Hours:                                AUDITING  SEMESTER: VI
 Paper Code:  COMMC123                                                              No. Of Credits: 4
Course Objectives:
·         Basic objective of auditing is to prove true and fairness of results presented by profit and loss account and financial position presented by balance sheet.
·         The objective of an audit is to express an opinion on financial statements. To give the opinion about the financial statements, the auditor examines the financial statements to satisfy himself about the truth and fairness of financial position and operating results of the enterprise. There are certain inherent limitations of audit examination.

Course Learning Outcomes:
Upon Completion of the course the student will be able
·         CO1 :To know about the basic concept of auditing, types of audit and audit procedure.
·         CO2:To know about the appointment, qualifications, disqualifications, and removal of an auditor.
·         CO3 :To understand the concept of reserves and different types of reserves.
·         CO4:To learn about the meaning of dividend and conditions for declaration  of dividends.


 SYLLABUS
Unit-I:                                                                                   (Lecture hours: 12)
 Auditing: Meaning – Objectives – Importance of Auditing – Auditing as a Vigil Mechanism – Role of Auditor in checking corporate frauds
 Unit-II:                                                                       (Lecture hours: 10)
Types of Audit: Based on Ownership and time - Independent, Financial, Internal, Cost, Tax, Government, Secretarial audits.
 Unit-III:                                                 (Lecture hours: 10)               
Planning of Audit: Steps to be taken at the commencement of a new audit -  Audit programme - Audit note book - Internal check, internal audit and internal control.
 Unit-IV:                                                                       (Lecture hours: 12)
 Vouching and Investigation: Vouching of cash and trading transactions - Investigation, Auditing vs. Investigation
Unit-V:                                                                        (Lecture hours: 16)
 Company Audit and Auditors Report: Auditor's Qualifications – Appointment and Reappointment – Rights, duties, liabilities and disqualifications - Audit report: Contents – Preparation - Relevant Provisions of Companies Act, 2013.
References:
1. PradeepKumar, BaldevSachdeva&Jagwant Singh, “Auditing Theory and Practice, Kalyani Publications, Ludhiana.
2. R.G. Saxena, “Principles and Practice of Auditing”, Himalaya Publishing House, New Delhi.
3.S,KBasu, Aditya P. Tripathi, Pearson publications.

COMMERCIAL GEOGRAPHY
TotalHours:60SEMESTER-VI
Paper Code:commc122
No. of Credits:4

COURSE OBJECTIVES:
·         To acquaint the students of commercial geography with its bases regarding commercial activities in different environments, referring to world resources in general and to acquire the overall knowledge about our agriculture, forestry, minerals, and mining, rivers and about the earth.
COURSE LEARNING OUTCOMES:
·         CO1:To identify the early commercial activities in the world reflecting different occupations in various environments. To know about the evolution of earth and Environmental pollution.
·         CO2 :To understand the different stages of agricultural development. To acquaint the students with the importance of human resources, agricultural produce, mineral and their distribution in the world, to acquire specific knowledge about the production of food – crops in the world – their consumption and short-falls.
·         CO3 :To get knowledge about the Indian forests and need for protection forests and Forests conservation act.
·         CO4 :To know about the Indian minerals and mining and their uses types of minerals in India.
·         CO5 :To get knowledge about the Indian water resources, Interlinking of Rivers in India and Experience of India and Andhra Pradesh.
  
Syllabus

UnitI:The EarthLecture Hours: 10
 Internal structure of the Earth – Latitude – Longitude – Realms of the Earth – Evolution of the Earth – Environmental pollution - Global Warming - Measures to be taken to protect the Earth.
Unit –II: India – Agriculture:        Lecture Hours: 10
Land Use - Soils - Major crops – Food and Non-food Crops – Importance of Agriculture – Problems in Agriculture – Agriculture Development.
Unit –III:  India – Forestry:               Lecture Hours: 15
 Forests – Status of Forests in Andhra Pradesh – Forest (Conservation) Act, 1980 – Compensatory Afforestation Fund (CAF) Bill, 2015 - Forest Rights Act, 2006 and its Relevance – Need for protection of Forestry.
 Unit –IV:  India – Minerals and Mining:   Lecture Hours: 15
 Minerals – Renewable and non Renewable – Use of Minerals – Mines – Coal, Barites, etc. – Singareni Coal mines and Mangampeta Barites –District wise Profile.
Unit-V:  India – Water Resources – Rivers:  Lecture Hours: 10
Water resources - Rationality and equitable use of water – Protection measures - Rivers - Perennial and peninsular Rivers - Interlinking of Rivers - Experience of India and Andhra Pradesh.
 References:
1.        D.R. Khullar, Commercial Geography, Kalyani Publishers. New Delhi, Hyderabad.


CUSTOMS LAW & PRACTICE-II
Total Hours:  60                    SEMESTER-V
No. of Credits: 4                                                              Paper Code:COMMC128

COURSE OBJECTIVE:
·         To acquaint the students with basic principles underlying the provisions of Indirect tax Laws and to develop a broad understanding of the tax laws and accepted tax practices
COURSE LEARNING OUTCOME:
Upon completion of the course
·         CO1 :The student will acquaint with knowledge of Baggage  rules and regulations , restrictions .
·         CO2 :Learn about Exemptions ,Remissions and Demands in customs duties
·         CO3:Learn about procedure for Warehousing ,provisions in respect of penalities ,when goods are confisicated
·         CO4:Having knowledge of powers of various customs officers

SYLLABUS

UNIT – I:Baggage,courier,post                                    Lecture hours: 15
General Provisions about baggage,prohibitions,restrictions on baggage,General Free Allowance for passengers,restrictions on jewellery,rate of customs duty on baggage,Concession for transfer of residence ,unaccompanied baggage,courier,import and export by post
UNIT – II:Exemptions ,remissions& Demands In Custom Lecture hours: 10
Exemptions ,Project Import, Remission on lost/pilfered goods,Difference between pilferage and destruction of goods,Remissionon relinquished goods ,Abatement of duty on damaged goods,Re-import of goods,Refund,Demands of customs duty
UNIT – III:Warehousing in Customs                                       Lecture hours: 15
Warehousing-Need for warehousing,use of warehousing facility,warehousing Bond,warehousing period under customs, interest payable,manufacture in customs bonded warehouses,clearance from bondedwarehouse,other provisions of customs warehousing,storage in warehousing,prohibitions on imports and exports,customs house agent,stores
UNIT –IV:Powers of cusoms officersLecture hours: 10
Power to inspect, to stop, and inspect   conveyance, to x-raybodies,to summon, to arrest, to search, and seize
Reference books:
Indirect Taxes Law & Practice: V.S.Datey


Total Hours:                                                                                        SEMESTER-VI
No. Of Credits:
EMERGING AREAS IN ACCOUNTING
Course objectives:
·         As with most things in life, the accounting world is ever changing. Let's look at a few changes that have taken place in accounting recently.
·         It includes those involving specialized accounting fields to create awareness to students with new trends in accounting.
Course Learning Outcome:
 Upon successful completion of the course, a student will be able to
·         CO1 :Acquire knowledge the concept of human assets in organization, analyze the methods of human resource accounting
·         CO2 :Learn a technique adopted when inflation affects the cost of business. Here the students will learn different methods of inflation accounting.
·         CO3 :Explain key features of environmental accounting; identify issues to which environmental accounts could be applied.
·         CO4 :As the Gross Domestic product ignores environmental concerns, there is a need of Green Accounting. In this they will able to learn the implementation of green accounting.
·         CO5 :Forensic accountants help to safeguard investors and consumers from the unlawful acts of a company by detecting embezzlement, bribery, money laundering, etc. Understand the legal process and the role of expert witnesses in fraud cases.
·         CO6 :Learning types of funds in fund accounting, and their usage in non –profit organizations
·         CO7:Define derivatives and explain the trading, hedging, and risk management applications of forward, futures and options.
·         CO8:Understand the   principles of resource consumption accounting, and an approach that guide managers with decision support information for enterprise optimization.
  
Syllabus
Unit-I: Human Resource Accounting:                            (Lecture hours: 15)
 Methods: Human resource Cost Accounting, Replacement cost approach ,Oppurtunity cost Approach- Present value of future earnings approach , Model on human resource accounting .
Unit-II: Social Accounting:                                              (Lecture hours: 10)
Rationale for social accounting qualitative and quantitative disclosures social accounting approaches-Evaluation of social accounting reports
 Unit-III: Inflation Accounting:                                                 (Lecture hours: 15)
Historical cost basis of financial Statements-Limitations –Evolution of inflation accounting -constant rupee accounting ( Current purchasing power accounting) (including (problems)International standard for hyperinflationary accounting (theory)
Unit-IV: Environmental Accounting:                             (Lecture hours: 10)
Qualitative and quantitative Environmental accounting disclosures –Evaluation of Environmental accounting  - Green Accounting - Concept and implementation.
Unit-V: Special Areas in Accounting:                            (Lecture hours: 10)
Intrinsic Value Accounting – Resource Consumption Accounting – Forensic Accounting – Fund Accounting – Hedge Accounting.
 References:
  1. Shukla and Grewal: Advanced Accounts, S. Chand & Ltd.
  2. Jain and Narang: Advanced Accounts, Kalyani Publishers,
  3. Gupta, Shashi K. & Sharma, R.K., Management Accounting: Principles and Practice,  Kalyani Publishers.
4. L.S Porwal : Accounting theory ,Tata McGraw Hill

MARIS STELLA COLLEGE(AUTONOMOUS )VIJAYAWADA – 8
DEPARTMENT OF COMMERCE
EVENT MANAGEMENT
TOTAL  HOURS:      24                                                        SEMESTER – VI
                                                                                                                  PAPER COD E:COMMC130                                                                                                                               NO OF CREDITS:2
Course Objective:
·         To provide knowledge on event planning, event budgeting, managing event layouts, and overview of event health and safety considerations, marketing on events and ultimately how to make successful event by reducing event risks.
Course learning outcomes:
Upon successful completion of the course the student will be able to

·         CO1:Understand different types of events.
·         CO2:Evaluate event risk and how to manage that risk along with human resource management and entertainment.
·         CO3 :Organize celebrity events and to manage event layouts.

                                                SYLLABUS:

Unit I: EVENT CONCEPT: -                Lecture hours:8
Corporate Events and Customer’s needs – Types of Events – Corporate hospitality – Exhibitions – Trade Fairs – Conferences – Business and Government Meets – Corporate event packages – Menu Selection – Customization.
Unit II: OUTDOOR EVENTS: -                Lecture hours:8
Logistics, Types of Outdoor events, Risk Management – Health and Safety, Marketing and sponsorship, HR Management, Programming and Entertainment.
Unit III: CELEBRITY EVENTS: -                Lecture hours:8
Launches, Fashion shows, National festivals and high-profile charity events – Liaison with agents, Contract Negotiations, Client briefings, Celebrity wish lists and expectations – Liaisoning with Govt. Departments.
References:
1.     Event Management: A Blooming industry and an Eventful career by Devesh Kishore, Ganga Sagar Singh – Har and Publications Pvt.ltd.
2.     Event Management by swarup K. Goyal – Adhyayan Publisher.
3.     Event management & Public relations by Savita Mohan – Enkay Publishing House.
4.     Event Entertainment and Production – Mark Sonder, CSEP, Wiley & Sons, Inc.
5.     Special Event Production – Doug Matthews.
6.     Fenich, G. Meetings, Expositions, Events and Conventions: An introduction to the industry, New Jersey: Pearson Prentice Hall.

FINANCIAL MARKETING
Total Hours:60                                                             SEMESTER-VI
                    Paper Code:COMMC125
                                                                                       No. of Credits:4
Course Objectives:
·         The main objective of this subject is to provide channels for transferring the excess funds of surplus units to deficit units.
·         By learning this subject students will get benefited about market efficiency, enhance transparency and prevent unfair trade practices.
·         We can also learn how the capital market dominated real economy that all profits go into financial market.
Course Learning Outcomes:
                                             Under completion of course students will be able to -
·         CO1 :Outline the participants in the financial markets.
·         CO2 :Describe the primary market and also its issuing methods.
·         CO3 :Appreciate the clearing and settlement procedures of securities transactions.
·         CO4: understands the stock indices and also stock exchange regulations under SEBI.
·         CO5 :Describe the share and debt markets, instruments of money and bond markets.

SYLLABUS

UNIT-I:Financial markets                    Lecture Hours: 10
Financial Instruments - Intermediaries - Services - Structure of Financial Market in India.
 Unit-II: Capital Market                             Lecture Hours: 13
 Role, Evolution in India - Future Trends - Primary Market - Issue of Capital: Process, Pricing, Methods of Issue, Book-building - Managing Shareholders Relations.
 Unit-III: Secondary Market                          Lecture Hours: 12
 Growth, Development, Regulation - Stock Exchange Mechanism: Trading, Settlement - Carry Forward, Badla system - Insider Trading, Price Rigging.
 Unit-IV: Players on Stock ExchangeLecture Hours: 13
Investors, Speculators, Market Makers, Bulls, Bears, Stags - Stock Exchange Regulations - Stock Indices - Regulations and Regulatory Agencies (SEBI).
Unit-V: Bond Market in India                              Lecture Hours: 12
Bond Market and its Interface with Equity Market and Debt Market - Mutual Funds.
References: 1. Gupta, L.C: Stock Exchange Trading in India; Society for Capital Market Research and Development, Delhi.
 2. Bhole, I.M., Financial Institutions and Market, Tata McGraw Hill.
3. Vasant Desai, Indian Financial System, Himalaya Publishing House.
 4. Pathak, Bharati V., Indian Financial System: Markets, Institutions and Services, Pearson Education (Singapore), New Delhi.
5. Gordon E. & K. Natarajan, “Financial Markets and Services”, Himalaya Publishing House, New Delhi

Fundamentals of Goods and Service Tax
SEMESTER-VI                      
                                                                             Papercode:COMMC129
COURSE  OBJECTIVES:
·         GST or Goods and Services Tax is the new indirect tax system which replaced many central and state levies and merge them so as to provide a single system of indirect taxation on pan-India basis by merging state and central taxes.  
·         It covers various sections of the Central Goods & Services Tax, State Goods & Services Tax and Integrated Goods & Services Tax Acts.
COURSE LEARNING OUTCOMES:
Upon successful completion of this course the students will have demonstrated the ability:
·         CO1::To discuss about the GST, its advantages and disadvantages and Constitutional Amendments.
·         CO 2:Explain about different models of GST and Comprehensive Structure of GST in India.
·         CO3:To discuss about the various Central and State level Indirect Taxes subsumed under GST ,  the Taxes and duties and Goods outside the purview of GST.
·         CO4:To analyze the Intra and Inter State Transactions of Goods and services.
·         CO5:To determine the time of supply of goods and services, transaction value, Input Tax Credit and its utilisation.

SYLLBUS
UNIT I: INTRODUCTION                                    lecture hours: 15
Overview of GST- Concepts- Limitations of VAT- Need for Tax Reforms-Justification for introduction of GST- Shortcomings and advantages at the Central Level and State Level on Introduction of GST- Process of Introduction of GST- Constitutional Amendments.( Theory only)
Unit II: GST                                                                            lecture hours: 10
Principles- Models of GST: Australian, Canadian, Kalkar-Shah – Banghi-Poddar. Comprehensive structure of GST model in India: Single, Dual GST- Transactions covered under GST.( Theory only)
Unit III: TAXES AND DUTIES lecture hours: 10
Subsumed under GST- Taxes and Duties outside the purview of GST: Tax on items containing Alcohol- Tax on Petroleum products- Tax on Tobacco Products –Taxation of Services(Theory only)
Unit IV: INTER STATE GOODS AND SERVICE TAX    lecture hours: 15
Major advantages of IGST Model- Interstate Goods and Service Tax: Transactions within a State under GST- Interstate Transactions under GST- Illustrations(Theory only)
Unit V: TIME OF SUPPLY AND SERVICES                   lecture hours: 15
Value of supply – Input Tax Credit – Distribution of Credit – Matching of Input Tax Credit  - Availability of credit in special circumstances- Cross utilization of ITC between the Central GST and the State GST. (Theory only)
Reference Book:
Goods and Service Tax fundamentals- Joy Dhingra

MANAGEMENT ACCOUTING

SEMESTER-VI
TOTAL HOURS:60                                                 PAPER CODE:COMM121

                                                No of  Credits: 4

COURSE OBJECTIVE:
·         To acquire the overall knowledge about the finance and management Accounting

COURSE LEARNING OUTCOMES
Upon successful completion of this course the student will have the ability to demonstrate

·         CO1:Understand different kinds of financial analysis, including horizontal analysis, vertical analysis, and trend Analysis and ratio analysis
·         CO2:To describe the concept of fund flow and its relevance to management of working capital in general and business liquidity in particular.
·         CO3:Explain the objective and assumptions of cost-volume profit (CVP) analysis
·         CO4:To understand the meaning of cash, cash funds and cash equivalents

SYLLABUS


Unit–I: Management Accounting: -                            Lecture hours:12
Interface with Financial Accounting and Cost Accounting - Financial Statement analysis and interpretation: Comparative analysis – Common size analysis  (including problems).

Unit–II:Ratio Analysis: - Lecture hours:12
Classification, Importance and limitations - Analysis and interpretation of Accounting ratios - Liquidity, profitability, activity and solvency ratios (including problems).

 Unit–III:Fund Flow Statement:-                            Lecture hours:12
Concept of fund: Preparation of funds flow statement. Uses and limitations of funds flow analysis (including problems).

 Unit–IV:Cash Flow Statement: -                            Lecture hours:12
Concept of cash flow – Preparation of cash flow statement - Uses and limitations of cash flow analysis (including problems).

Unit–V: Break-Even Analysis and Decision Making:-                            Lecture hours:12
Marginal Costing – Calculation of Break-even point - Uses and limitations - Margin of safety – Make/Buy Decision (including Problems). 

References: 

     1.            Shashi K. Gupta & R.K. Sharma, “Management Accounting: Principles and Practice”, Kalyani Publishers, Ludhiana.
     2.            S.P Jain, K.L. Narang, Cost Accounting Kalyani publishers.
     3.            Simmi Agarwal, Monika Sehgal, S.P.Jain, K.L.Narang, Cost and Management Accounting, Kalyani publishers, Ludhiana.





























































































































































































































































































































































































































































































































































































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