The Department of Commerce, organized a Guest Lecture for Final year B.Com Students on the topic “A Conceptual Framework of Income Tax in India 2017”on 20th September 2017 at Seminar Hall.
The guest speaker was Mr.Ramu Vasu, Assistant Professor MNM Jain Engineering College, Thoraipakkam, Chennai.
The event started with invocation song followed by a welcome address by Laban of III B.Com. Chief Guest profile was read by Arshiya of III B.Com. The guest lecture was preceded by a PPT by Mercy of III B.Com narrating the concepts learnt in Income tax and Master of Ceremony was done by Saroja of III B.Com.
In his talk he emphasized the importance of knowledge of Income tax as it is a subject well connected with day to today life. Concepts covered in the Guest Lecture include:
• History of Income Tax
• Types of Tax
• Interlink between Economics, Commerce, Trade and Taxation
• E-Filing of Income Tax
• Impact of Income Tax after GST
The lecture started around 11:00 am and ended around 1:30 PM. The lecture was received with admiration by the students and they also found the slides appropriate. Students shared their views and put forth few questions for clarifications. The event ended with honorarium to the Guest and vote of thanks was delivered by Kumar of III B.Com.