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Course Objectives · To introduce to the applications of statistics. · To develop the ability to predict using regression. · To help students develop decision making ability by observing trends using index numbers. · To improve the ability of students to forecast by observing tendencies in the past. · To theoretically measure the odds using probability. · To help students understand the applications of probability distribution. |
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Course Outcomes The student completing this course CO-1 Learns the applications of statistics. CO-2 Will be able to make predictions from the data. CO-3 Learns to make decisions based on trends. CO-4 Should be able to forecast with respect to the past. CO-5 Should be able to calculate probabilities. CO-6 Is equipped with knowledge of probability distributions. |
- Teacher: RAM PRASAD D
COURSE OBJECTIVE: To get the students acquainted with:
1. The provisions of direct tax with regard to IT Act, 1961 and IT Rules, 1962.
2. The provisions and procedure to compute total income under heads of income viz. capital gains and other sources.
3. The various deductions to be made from gross total income U/s 80-C to 80-U in computing total income
4. Procedure to file Income Tax returns and do self – assessment.
COURSE OUTCOMES: With the acquired knowledge of the provisions of Income tax and the methods of computing income of different Heads the students will be:
CO 1: Well acquainted with the provisions and rules of Income tax.
CO 2: Able to compute the taxable income from Capital Gains and Income from Other sources.
CO 3: Able to apply the rules in aggregation of incomes and set off the losses of income from one head from the income earned from the other head and compute the Gross Total Income.
CO 4: Well versed with the provisions relating to various deductions applicable to Gross Total Income and compute the taxable Income.
CO 5: Able to compute the tax liability of an Individual and will be adept with the procedures of filing income tax returns.
CO 6: Able to compute their tax liability by themselves in future and can also contemplate to choose a career in this field.
COURSE SIGNIFICANCE: Taxation is very lucrative and fast growing career for those who have interest in this field. Today every organization such as public sector undertakings and corporate houses requires people having expertise in this field. The aspirants having sound knowledge of taxation are appointed as tax accountant, revenue managers, tax analyst, tax recruiter, tax advisor, tax examiners, property tax consultants, business tax consultant, income tax consultant etc.
SUGGESTED COURSES FOR PURSUING A CAREER IN THE FIELD: Apart from professional course like C.A the students can also contemplate studying M.Com.Taxation, Post Graduate Diploma in Taxation, Diploma in Taxation, Certificate Course in International Taxation
SCHEME
OF EXAMINATION: All evaluations are conducted as per the norms of Osmania
University. These are two components of evaluations: Internal – 20 Marks,
External – 80 Marks
The pattern of Internal evaluation is 2 internal examinations of 15 marks each
which will be averaged and 1 assignment of 5 marks, totaling 20 marks. Each
Internal Assessment question paper will consist of 10 MCQ’s of ½ mark each, 10
FIB’s of ½ each and 5 short questions of 1 mark each. Pattern of semester end
Final examination conducted by university – Section A – consists of 8 short
answer questions (at least one from each unit), out of which 5 questions need
to be answered. Each question carries 4 marks. Section B consists of 5 (one
from each unit) Essay questions with internal choice.
- Teacher: JAYA LAXMI D
Course Objectives: To provide an insight to the students into the different types of Life Insurance Plans and enable to understand the importance of Nomination and Assignments during policy claims
Course Outcomes:
CO1: Students understand the Evolution and growth of insurance business in India
CO2: Students learn about the different Life Insurance Organizations existing in India
CO3: Students comprehend the various policies available to the life of Individuals
CO4: Students apprehend the various pension policies give peace of mind after retirement
CO5: Students realize the significance of Group Plans at low premium with high benefits
CO6: Students perceive the process or factors affect while computing premium
CO7: Students know the insurance coverage with different saving schemes and mutual funds
CO8: Students recognize the key role of Life Insurance in individual financial planning implications and tax benefits under Income Tax
- Teacher: BIKSHAPATHI MADA
Course Objective:
To acquire knowledge of AS-14 and its importance in corporate world. The objective of the course is also to preparation of accounts of banking and insurance companies.
Course Outcomes:
CO1: Understand various books to be maintained by banking companies; get the insight of legal provisions in preparation of final accounts with various Schedules.
CO2: Learn the meaning of Internal Reconstruction, Accounting treatment when the company is reconstructed, preparation of final statements after Reconstruction.
CO3: Learn the meaning of Acquisition of Business, Accounting Treatment when new set of books are opened and when same set of books are continued with respect to Acquisition.
CO4: Get the insight of Company Liquidation, Modes of liquidation with preparation of statement of affairs.
CO5: Prepare Liquidators final statement of affairs; understand the concept of preferential payments calculation of liquidator’s remuneration.
CO6: Learn what is Amalgamation and types of Amalgamation, learn what is Purchase Consideration and its calculation under different methods.Accounting treatment in the books of transferor and transferee companies with real time examples.
CO7: Greet the new terms in Insurance; understand the meaning of life Insurance, Preparation of Final accounts under life insurance, Valuation of Balance sheet, with Calculation amount payable to preferential holders.
CO8: Understand the meaning of General Insurance, Preparation of Final accounts under general insurance. Learn what is Loss of Stocks, assets and profits. Learn how to calculate the claim amount using Average.
- Teacher: RUPINI B
- Teacher: YAMINI G