UNIVERSITY OF MADRAS

B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE

SYLLABUS WITH EFFECT FROM 2020-2021
BAF-DSC02
CORE-II: FINANCIAL PLANNING AND PERFORMANCE
Inst.Hrs : 6 YEAR: I
Credits : 4 SEMESTER: I
OBJECTIVES
1. Achieve an understanding of strategic planning, forecasting and budgeting, recall the models of
strategic planning with the process, classify the forecasting techniques and demonstrate the budget.
2. To make use of budget to prepare an annual profit plan, analyze performance by using flexible
budgets und compare actual results to planned results.
3. To explain the importance and use of standard cost systems, propose performance measures and
discuss key performance indicators.
Unit I: Strategic Planning
Analysis of external and internal factors affecting strategy - Long-term mission and goals -
Alignment of tactics with long-term strategic goals - Strategic planning models and analytical
techniques - Characteristics of successful strategic planning process.
Unit II: Budgeting and Forecasting
Operations and performance goals - Characteristics of a successful budget process – Resource
allocation - Regression analysis - Learning curve analysis - Expected value - Annual business
plans (master budgets) - Project budgeting - Activity-based budgeting - Zero-based budgeting -
Continuous (rolling) budgets - Flexible budgeting - Annual profit plan and supporting schedules
- Operational budgets - Financial budgets - Capital budgets - Pro forma income – Financial
statement projections - Cash flow projections.
Unit III: Cost and Variance Measures
Comparison of actual to planned results - Use of flexible budgets to analyze performance -
Management by exception - Use of standard cost systems - Analysis of variation from standard
cost expectations.
Unit IV: Responsibility centers and reporting segments
Types of responsibility centers - Transfer pricing - Reporting of organizational segments
Unit V: Performance Measures:
Product profitability analysis - Business unit profitability analysis - Customer profitability
analysis - Return on investment - Residual income - Investment base issues - Key performance
indicators (KPIs) - Balanced scorecard
RECOMMENDED TEXT BOOKS:
1. Wiley CMAexcel Learning System, Part 1: Financial Planning, Performance & Analytics
REFERENCE BOOKS:
1. Strategic Management and Business Policy: Globalization, Innovation and Sustainability; Thomas
Wheelen, J. David Hunger, Alan N. Hoffman, and Chuck Bamford; Pearson
2. Cost Management: A Strategic Emphasis; Edward Blocher, David Stout, Paul Juras, and Gary
Cokins; McG raw Hill
3. Cost Accounting: A Managerial Emphasis; Charles Homgren, Srikant Datar, and Madhav Rajan;
Pearson
4. Quantitative Methods for Business; David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey
Camm, and James Cochran; Cengage Learning
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC01
CORE-I: FINANCIAL ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(BM), BCom(MM),
BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: I
Credits : 4 SEMESTER: I

OBJECTIVES:
 To enable the students to understand the system of preparing financial statements for
various types of organisation
 To familiarize the students with knowledge about financial reporting standards

OUTCOMES:
 The students will be able to analyse and prepare financial statement of different types of
organisation
 The students will be aware of the various amendments in financial reporting

UNIT I: Preparation of Financial Statement

Final accounts of sole trading concern-Adjustments-Receipts and Payments-Income and
expenditure-Balance sheet of non trading organisation

UNIT II: Depreciation and Insurance Claims

Depreciation Accounting: Depreciation- Meaning –Causes-Types-Straight Line Method-Written
down value method- Concept of useful life under Companies Act 2015
Insurance Accounting: Insurance claims –Calculation of Claim amount-Average clause(Loss of
stock only)

UNIT III: Single entry system

Meaning and Features of Single entry-Defects-Difference between single entry and double entry
system-Methods of calculation of Profit-Statement of Affairs Method-Conversion Method

UNIT IV: Rectification of Errors and Bank Reconciliation Statement

Classification of Errors – Rectification of Errors – Preparation of Suspense a/c. Bank
Reconciliation Statement – Need and preparation.

UNIT V: Hire Purchase and Instalment System

Hire Purchase System- Default and repossession-Hire purchase trading account
Instalment System-Calculation of Profit.

Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

TEXT BOOK:
1. Lt Bhupinder – principles of Financial Accounting – CENGAGE, New Delhi
2. Raj Kumar Sah –Concepts Building Approach to Financial Accounting – CENGAGE, New
Delhi
3. Gupta, R.L & Gupta,V.K, Advanced Accounting, Sulthan Chand & Sons, New Delhi

REFERENCE BOOKS:
1. Jain & Narang, Financial Accounting, Kalyani Publishers, NewDelhi
2. Reddy, T.S & Murthy,A. Financial Accounting, Margham Publications, Chennai
3. Shukla & Grewal, Advanced Accounting, S.Chand & Co. NewDelhi
4. Parthasarathy, S.& Jaffarulla, A. Financial Accounting, Kalyani Publishers, NewDelhi

WEB REFERENCE:
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.onlinelibrary.wiley.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC02
CORE-II: BUSINESS COMMUNICATION
Common to BCom(A&F) as Allied, BCom(CS), BCom(BM) & BCom(MM)
Inst.Hrs : 6 YEAR: I
Credits : Core 4 / Allied 5 SEMESTER: I

OBJECTIVES:
 To facilitate the students to understand the concept of Communication.
 To Know the basic techniques of the modern forms of communication

OUTCOME:
 Students understand the concept of communication and familiarise with modern form of
communication.

UNIT I: Communication

Definition – Methods – Types – Principles of effective Communication – Barriers to

Communication – Business Letters – Layout.

UNIT II: Business Letters

Kinds of Business Letters: Interview – Application for a situation – Interview -Appointment –

Acknowledgement – Promotion – Enquiries – Reply letter – Orders – Sales letter – Circular
letter – Complaint letter.

UNIT III: Correspondence

Bank Correspondence – Insurance Correspondence – Agency Correspondence – Correspondence

with Shareholders, Directors.

UNIT IV: Reports and Meetings

Report Writing – Meetings – Agenda - Minutes of Meeting – Memorandum – Office Order –

Circular – Notes.

UNIT V: Forms of Communication

Modern Forms of Communication: Fax – E-mail – Video Conferencing – Internet – Websites –

uses of the various forms of communication.

Recommended Texts

1. Mallika Nawal –Business Communication – CENGAGE

2. Pragyan Rath, K. Shalini , Debankita Ray - Corporate Communication – CENGAGE
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

3. C.B.Gupta - Essentil Business Communincation - CENGAGE

4. Rajendra Pal & J.S. Korlahalli, Essentials of Business Communication - Sultan Chand &
Sons - New Delhi.
5. Shirley Taylor, Communication for Business - Pearson Publications - New Delhi.
6. Bovee, Thill, Schatzman, Business Communication Today - Peason Education Private
Ltd - New Delhi.
7. Penrose, Rasbery, Myers, Advanced Business Communication - Bangalore.
8. Simon Collin, Doing Business on the Internet - Kogan Page Ltd. - London.
9. Mary Ellen Guffey, Business Communication – Process and Product -International
Thomson Publishing - Ohio.
10. Sundar K.A, Business communication Vijay Nicole imprints Pvt. Ltd., Chennai.

E- RESOURCES
www.newagepublishers.com
www.managementstudyguide.com
www.businesscommunication.org
www.smallbusiness.chorn.com
 UNIVERSITY OF MADRAS
B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2020-2021
BAF-DSA2B
ALLIED-II(B): FINANCIAL ANALYTICS AND CONTROL
Inst.Hrs : 6 YEAR: I
Credits : 5 SEMESTER: II

OBJECTIVES
1. To understand information systems, data governance, technology-enabled finance transformation and the
application of data analytics and visualization.
2. To be able to define cost behaviour and types of costs, classify costing systems and compare different types of
costs.
3. To understand supply chain management and business process improvement.
4. To understand governance, risk, compliance, system controls and security measures for internal controls.

COURSE UNITS
UNIT I: Information Systems and Data Governance
Accounting information systems - Enterprise resource planning systems - Enterprise
performance management systems - Data policies and procedures - Life cycle of data - Controls
against security breaches

UNIT II: Technology-Enabled Finance Transformation and Data Analytics

Systems Development Life Cycle — Process automation - Innovative applications - Business
intelligence - Data mining - Analytic tools - Data visualization

UNIT III: Cost Measurement Concepts

Cost behavior and cost objects - Actual and normal costs - Standard costs - Absorption (full)
costing - Variable (direct) costing - Joint and by-product costing- Job order costing - Process
costing - Activity-based costing - Life-cycle costing - Fixed and variable overhead expenses -
Plant-wide versus departmental overhead - Determination of allocation base - Allocation of
service department costs
UNIT IV: Supply Chain Management and Business Process Improvement
Lean manufacturing - Enterprise resource planning (ERP) - Theory of constraints and throughput
costing - Capacity management and analysis - Value chain analysis - Value-added concepts -
process analysis - Activity-based management - Continuous improvement concepts - Best
practice analysis - Cost of quality analysis - Efficient accounting processes
UNIT V: Internal Controls
Internal control structure and management philosophy - Internal control policies for safeguarding
and assurance - Internal control risk - Corporate governance - External audit requirements -
Systems controls and security measures
RECOMMEDED TEXT BOOKS:
1. Wiley CM Aexcel Learning System, Part 1: Financial Planning, Performance & Analytics

REFERENCE BOOKS:
1. Cost Management: A Strategic Emphasis; Edward Blocher, David Stout, Paul Juras, and Gary Cokins;
McGraw Hill
2. Cost Accounting: A Managerial Emphasis; Charles Homgren, Srikant Datar, and Madhav Rajan; Pearson
3. Core Concepts of Accounting Information Systems; Mark Simkin; Wiley
4. Accounting Information Systems, George Bodnar, and William Hopwood; Pearson
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC03
CORE-III: ADVANCED FINANCIAL ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: I
Credits : 4 SEMESTER: II

OBJECTIVES
To enable the students to understand the system of preparing financial statements for various
types of organisation
 To familiarize the students with knowledge about financial reporting standards

OUTCOME:
 The students will be able to understand the preparation of financial statements for
business units other than corporate undertaking and their utility.

Unit I: Branch Accounts

Dependent Branches - Stock and Debtors system – Distinction between Wholesale Profit and
Retail Profit – Independent Branches (Foreign Branches excluded)

Unit II: Departmental Accounts

Basis of Allocation of Expenses – Calculation of Profit - Inter-departmental Transfer at cost or
Selling Price.

Unit III: Partnership Accounts

Admission of a Partner – Retirement of a Partner – Death of a Partner.

Unit IV: Partnership Accounts

Dissolution of a Partnership Firm – Insolvency of a Partner – Insolvency of all Partners-
Piecemeal Distribution of cash in case of Liquidation of Partnership Firm.

Unit V: Accounting Standards for financial reporting

Objectives and uses of financial statements for users-Role of accounting standards-
Development of accounting standards in India- Requirements of international accounting
standards - Role of developing IFRS- IFRS adoption or convergence in India- Implementation
plan in India- Ind AS-Difference between Ind AS and IFRS.

Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.

TEXT BOOK:
1. Lt Bhupinder – principles of Financial Accounting – CENGAGE, New Delhi
2. Raj Kumar Sah –Concepts Building Approach to Financial Accounting - CENGAGE,
New Delhi
3. Gupta, R. L & Gupta, V. K, Advanced Accounting, Sulthan Chand & Sons, New Delhi.
4. Jain & Narang, Financial Accounting, Kalyani Publishers, New Delhi.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

SUGGESTED READINGS:
1. Reddy, T. S & Murthy, A. Financial Accounting, Margham Publications, Chennai.
2. Shukla & Grewal, Advanced Accounting, S. Chand & Co., New Delhi.
3. Tulsian P.C.-Financial Accounting.
4. Parthasarathy, S .& Jaffarulla, A. Financial Accounting, Kalyani Publishers, NewDelhi

WEB REFERENCE:
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.onlinelibrary.wiley.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC04
CORE-IV: PRINCIPLES OF MANAGEMENT
Common to BCom(A&F), BCom(BM), BCom(CA)-IV Sem
& BCom(ISM)-IV Sem.
Inst.Hrs : 6 YEAR: I
Credits : 4 SEMESTER: II

OBJECTIVES
 To make the students to understand the basic concepts of management.
 To prepare the students to know about the significance of the management in Business.

OUTCOME:
 On the completion of syllabus students will understand the basic concepts and significance
of management in business.

Unit I: Introduction
Definition – Importance – Nature and Scope of Management – Process of Management - Role
and functions of Managers - Levels of Management Scientific Management Contributions to
Management by different Schools of thought.

Unit II: Planning

Nature – Importance -Types of Planning - Steps in planning - Objectives of Planning – Policies -
Decision making Process-Types of Decisions. HRM- Meaning, -Nature and scope of HRM.
Unit III: Organization
Meaning and Types of organizations - Principles – Formal and Informal organization -
Organisation Structure – Span of Control – Departmentalisation – Basis - Meaning and
Importance of Departmentalisation. Policies - Meaning and Types – Procedures - Forecasting.

Unit IV: Authority and Responsibility

Authority – Definition – Sources – Limitations – Difference between Authority and
Responsibility – Delegation of Authority – Meaning – Principles and importance –
Centralisation Vs Decentralisation- Leadership & Communication

Unit V: Direction Co-ordination & Control

Direction – Nature - Purpose. Co-ordination – Need – Types and Techniques – Requisites for
Excellent Co-ordination. Controlling – Meaning – Importance – Control Process.

TEXT BOOK:
1. N.V..S.Raju.- Fundamentals of Management - CENGAGE ,New Delhi.
2. James Campbell Quick, Dbra L.nelson, Preetam Khandelwal - CENGAGE ,New Delhi.
3. Gupta,C.B.ManagementTheory&Practice,SulthanChand&Sons,New Delhi.
4. Prasad,L.M.Principles&PracticeofManagement,SultanChand&Sons,New Delhi.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

REFERENCE BOOKS:
1. Tripathi,P.C.&Reddy,P.N.PrinciplesofManagements,TataMcGrawHill,NewDelhi.
2. WeihrichandKoontz,Management-AGlobalPerspective.
3. Premavathy N,PrinciplesofManagement,SriVishnuPublications,Chennai.
4. Jayasankar,J.BusinessManagement,MarghamPublication,Chennai.
5. Sundar,K.PrinciplesofManagement,VijayNicoleImprintsPvt.Ltd.,Chennai

WEB RESOURCE:
1. www.wisdomjobs.com
2. www.aima.in
3. www.clep.collegeboard.org
 UNIVERSITY OF MADRAS
B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2020-2021
BAF-DSC06
CORE-VI: FINANCIAL REPORTING
Inst.Hrs : 5 YEAR: II
Credits : 4 SEMESTER: III

OBJECTIVES
1. Achieve understanding of the financial accounting and reporting frameworks used by
business enterprises globally (including US GAAP and IFRS).
2. Achieve knowledge and skills required to apply the knowledge of accounting principles (per
US GAAP and IFRS) in performing financial reporting and other tasks as corporate finance
professionals.

COURSE UNITS
UNIT I: Financial Statements (per US GAAP and IFRS)
Balance sheet - income statement - Statement of Comprehensive Income - Statement of changes
in equity - Statement of cash flows - Integrated reporting

UNIT II: Revenue Recognition (per US GAAP and IFRS)

5-Step approach to Revenue Recognition - Certain Customer’s Rights & Obligations - Specific
Arrangements - Matching principle, Accruals & Deferrals, Adjusting Journal Entries

UNIT III: Current Assets and Current Liabilities (per US GAAP and IFRS)
Cash & Cash Equivalents - Accounts Receivable - Notes Receivable - Transfers & Servicing of
Financial Assets - Accounts Payable - Employee-related Expenses Payable - Determining
Inventory & Cost of Goods Sold - Inventory Valuation - Inventory Estimation Methods

UNIT IV: Asset Valuation and Valuation of Liabilities (per US GAAP and IFRS)
Acquisition of Fixed Assets - Capitalization of Interest - Costs Incurred After Acquisition -
Depreciation - Impairment - Asset Retirement Obligation - Disposal & Involuntary
Conversions - Knowledge-based intangibles (R&D, software) - Legal rights based intangibles
(patent, copyright, trademark, franchise, license, leasehold improvements) - G oodwill -
Leasehold Assets & Liabilities - Deferred Taxes

UNIT V: Equity transactions (per US GAAP and IFRS)

Paid-in capital - Retained earnings - Accumulated other comprehensive income - Stock
dividends and stock splits - Stock options - Business Combinations & Consolidations -
Differences between US GAAP and IFRS

RECOMMENDED TEXT BOOKS:

1. Wiley CM Aexcel Learning System, Part 1: Financial Planning, Performance & Analytics

REFERENCE BOOKS:
1. Intermediate Accounting; Donald E . Kieso, Jerry J. Weygandt, Terry D. Warfield- Wiley
2. Advanced Accounting; Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik; McG raw Hill
3. Intermediate Accounting; Loren Nikolai, John Bazley, Jefferson Jones; South-Western
Cengage Learning.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSA3A
ALLIED-III(A): BUSINESS STATISTICS
Common to BCom(A&F), BCom(CS), BCom(BM),BCom(MM),
B.Com(Co-op), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: II
Credits : 5 SEMESTER: III
OBJECTIVES
To Facilitate Understanding Relevance and Need Of Statistics in Current Scenario
 To Customize the Importance of Business Statistics for the Commerce Students

UNIT-I Introduction
Meaning and Definition of Statistics- Collection and Tabulation of Statistical Data-
Presentation of Statistical Data-Graphs and Diagrams

UNIT-II Measures of Central Tendency and Measures of Variation

Measures of Central Tendency- Arithmetic Mean, Median, Mode, Harmonic Mean and
Geometric Mean. Measures of Variation- Standard Deviation -Mean Deviation- Quartile
Deviation-Skeweness and Kurtosis- Lorenz Curve

UNIT-III Correlation and Regression Analysis

Simple Correlation-Scatter Diagram- Karl Pearson’s Correlation- Spearman’s Rank
Correlation- Regression- Meaning-Linear Regression.

UNIT- IV Time Series

Analysis of Time Series-Causes of Variation in Time Series Data -Components of Time
Series- Additive and Multiplicative Models- Determination of Trend By Semi Average,
Moving Average and Least Square( Linear Second Degree And Exponential) Methods-
Computation of Seasonal Indices By Simple Average, Ratio to Moving Average, Ratio to
Trend and Link Relative Methods

UNIT-V Index Numbers

Meaning and Types of Index Numbers-Problems in Construction of Index Numbers-
Methods of Construction of Price and Quantity Indices- Test of Adequacy- Errors in Index
Numbers- Chain Base Index Numbers- Base Shifting -Splicing -Deflation -Customer Price
Index and Its Uses- Statistical Quality Control

SUGGESTED READINGS
1. Dhingra IC & MP Gupta, Lectures In Business Statistics, Sultan chand and Sons, New Delhi
2009
2. Gupta SP and Archana Agarwal, Business Statistics (Statistical Methods) Sultan chand and Sons,
New Delhi, 9th Edition 2013
3. Gupta SC, Fundamentals of Statistics, Himalaya Publishing House
4. Richard Levin and David Rubin, Statistics for Management, Prentice Hall Of India, New Delhi,
2011,7th Edition
5. Sharma J K,Fundamentals of Business Statistics, Second Edition, Vikas Publishing House
Private Limited,2013
6. Siegel, Andrew, Practical Business Statistics, Irwin Mcgraw Hill International Edition 4th
7. Rajagopalan SP and Sattanathan R B Business Statistics and Operations Research, Vijay Nicole
Imprint Private Limited, Chennai
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC05
CORE-V: CORPORATE ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(BM), BCom(MM) & BCom(CA)
Inst.Hrs : 6 YEAR: II
Credits : 4 SEMESTER: III

OBJECTIVES
 To make the students familiarize with corporate accounting procedures
 To enable the students to acquire conceptual knowledge about the preparation of the
company accounts.
OUTCOME:
 The students will learn the accounting procedures of corporate undertaking and their
financial statement preparations
UNIT – I Share Capital
Issue of Shares - Types of Shares – Forfeiture of Shares- Reissue of Shares- Redemption of
Preference Shares.
UNIT – II Debentures & Underwriting
Issue of Debentures – Redemption of Debentures- Profit prior to incorporation. Underwriting of
Shares & Debentures.
UNIT – III Final Accounts
Final Accounts - Preparation of Profit & Loss account and Balance sheet- Managerial
Remuneration.
UNIT –IV Valuation of Goodwill & Shares
Valuation of Goodwill & Shares – Meaning – Methods of valuation.
UNIT – V Accounting for Insurance Companies
Insurance Accounts- Types- Final accounts of Life Insurance- Profit determination of Life
Insurance
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.

TEXT BOOK:
1. Raj Kumar Sah-Concepts Building Approach to Corporate Accounting-Cengage,New Delhi.
2. Gupta,R.L & Radhaswamy, M ,Advanced Accounts, Sulthan Chand, New Delhi.
BOOK REFERENCE:
1. Jain,S.P & Narang,N.L., Advanced Accounting, Kalyani Publications.
2. Shukla &Grewal & Gupta ,Advanced Accounting ,S. Chand & Co., New Delhi
3. ReddyT.S.&Murthy,A ,Corporate Accounting ,Margham Publications, Chennai.
WEB RESOURCE:
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.education.svtuition.org
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC07
CORE-VII: BANKING THEORY LAW AND PRACTICE
Common to BCom(A&F), BCom(BM), BCom(MM) & BCom(ISM)
Inst.Hrs : 5 YEAR: II
Credits : 4 SEMESTER: III

Objectives:
1. To facilitate the understanding of the origin and the growth of the Indian Banking System
2. To understand the modern day Developments in Indian Banking Sector.
Out Comes:
 After completion of this subject students understand the growth of Indian Banking Systems
and their Modern Day Development.

UNIT-I : Introduction to Banking

History of Banking- Components of Indian banking -Indian Banking System-Phases of
development-Banking structure in India-Payment banks and small banks-Commercial Banking-
Definition-Classification of banks. Banking System- Universal banking-Commercial Banking-
functions-Role of Banks in Economic Development. Central Banking-Definition –Need-
Principles- Central Banking Vs Commercial banking-Functions of Central bank.

UNIT-II: RBI
Establishment-objective-Legal framework-Functions-SBI-Origin and History-Establishment-
Indian subsidiaries-Foreign subsidiaries-Non-Banking-Subsidiaries-Personal banking-
International banking-Trade Financing-Correspondent banking.Co-operative banks-Meaning and
definition-Features-Co-operative banks vsCommercial banks-Structure.-NBFC-Role of NBFC-
RBI Regulations-Financial sector reforms-Sukhmoy committee 1985-Narasimham
committee I and II-Prudential norms: capital adequacy norms-classification of assets and
provisioning.

UNIT-III: E-Banking
Meaning-Services-e-bankingandFinancialservices-Initiatives-Opportunities-Internet banking-
Meaning-InternetbankingVsTraditionalbanking-Services-Drawbacks-Frauds in Internet banking.
Mobile banking–Anywhere Banking-Any Time Banking- Electronic MobileWallets. ATM-
Evolution -Concept-Features - Types-. Electronicmoney-Meaning-Categories-Meritsofe-money-
ElectronicFunds Transfer (EFT)system - Meaning- Steps–Benefits-Monetary policies- final
sector reforms- sakmoy chakrevarthy commmittee 1985- Narasiman Committee I & II-
prudential norms capital adequacy norms- classification of assets & provisionary meaning-
Structure of Interest rates (short and long term)-impacts on saving and borrowings.

UNIT IV: Bank Account

Opening – Types of Accounts-FDR-Steps in opening Account-Saving vs Current Account-
‘Donatio Mortis Causa’ - Passbook-Bank Customer Relationship-Special Types of currents-KYC
norms. Bank Lending –Lending Sources-Bank Lending Principles-Forms of lending-Loan
evaluation process-securities of lending-Factors influencing bank lending – Negotiable
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

Instruments –Meaning –Characteristics-Types. Crossing –Definition –Objectives-Crossing and

negotiability-Consequences of Crossing.

UNIT-V: Endorsement
Meaning-Components-Kinds of Endorsements-Cheques payable to fictitious person-
Endorsement by legal representative –Negotiation bank-effect of endorsement-Rules regarding
endorsement.Paying banker-Banker’s duty-Dishonoring of Cheques-Dischargeof paying banks-
Payments of a crossed cheque payment. Collecting bankers-Statutory protection under section
85-Refusal of cheques Payment. Collecting Banker-Statutory protection under section 131-
Collecting bankers’ duty –RBI instruction –Paying Banker Vs Collecting Banker- Customer
grievances-Grievance redressal –Banking Ombudsman.

TEXT BOOKS
1. Michael W. Brandi – Money, Banking, Financial Markets and Institutions –Cengage , New
Delhi
2. Gurusamy S, Banking Theory : Law and Practice, Vijay Nicole Publication, 2015, Chennai

SUGGESTED READINGS
1. Clifford Gomez, Banking and finance, Theory, Law and practice, Jain Book Agency, 2010
Mumbai
2. Gupta, R K Banking Law and Practice, Jain Book Agency, 2001, New Delhi.
3. Sundaram and Varshney, Banking Theory Law and Practice, Sultan Chand Co, 2010, New
Delhi.
4. Maheswari, S.N. Banking Theory Law and Practice, Kalyani Publications, 2011, Mumbai.
5. Santhanam.B, Banking Theory Law and Practice, Margam Publications.
6. Nirmala Prasad, Banking and Financial Services, Himalaya Publications.

E-RESOURCES
www.lawcommissionofindia.nic.in
www.rbi.org
www.bankingombudsman.org
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC08
CORE-VIII: MARKETING
Common to BCom(A&F) & BCom(CS)-V Sem. as Elective
Inst.Hrs : 5 YEAR: II
Credits : Core 4 / Elective 5 SEMESTER: III

Objectives:
 To facilitate the students to understand the importance and the relevance of marketing in to-
day’s Business world
 To enable the students to understand the features of the Indian Marketing
Out Come:
 The Students will understand the basic concepts of Marketing, Market Segmentation,
Marketing Mix and Recent trends in Marketing.

UNIT I
Introduction to Marketing –Meaning – Definition and Functions of Marketing – Marketing
Orientation – Role and Importance of Marketing – Classification of Markets

UNIT II
Market Segmentation – Concept – Benefits – Basis and Levels. Introduction to Consumer
Behaviour – Need for study – Consumer buying decision process – Buying motives.

UNIT III
Marketing mix. Product – Meaning – Introduction to Stages of New Product Development –
Types – Introduction to PLC – Product Mix – Price – Pricing Policies and Methods.

UNIT IV
Channels of Distribution (Levels) – Channel Members – Promotion – Communication Mix –
Basics of Advertising, Sales promotion and personal selling.

UNIT V
Recent Trends in Marketing. A Basic understanding of E – Marketing, Consumerism, Market
Research, MIS and Marketing Regulations.

RECOMMENDED BOOKS:
1. Dawn iacobucci , Anupama Vohra – Marketing Management – CENGAGE, New Delhi.
2. William M.pride , O.C.Ferrell –Principles of marketing - CENGAGE, New Delhi.
3. Atreyee Ganguly , Joyeta Bhadury - Principles of marketing - CENGAGE, New Delhi.

REFERENCES
1. Marketing Management by Rajan Saxena
2. Marketing by William J Stanton
3. Principles of Marketing by Philip Kotler
4. Marketing Management by Still and Cundiff
5. Marketing Management by Dr. K. Nirmala Prasad and Sherlaker
 UNIVERSITY OF MADRAS
B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2020-2021

BAF-DSC10
CORE-X: CORPORATE AND BUSINESS LAW
Inst.Hrs : 5 YEAR: II
Credits : 4 SEMESTER: IV

OBJECTIVES:
1. To highlight the provisions of law governing the General Contracts.
2. To help the students to understand the significant provisions of the Companies Act, 2013.

UNIT I:
Indian Contract Act Formation - Nature and Elements of Contract - Classification of Contract -
Contract Vs Agreement

UNIT II:
Offer - Definition - Forms of offer - Requirements of Valid Offer. Acceptance - Meaning -
Legal Rules as to a valid acceptance. Consideration - Definition - Essentials - Legal Rules
relating to consideration - Contracts without consideration

UNIT III:
Capacity of parties. Definition - Persons Competent to contract. Free consent - Coercion - Undue
Influence - Fraud — Misrepresentation — Mistake. Legality of object — void agreement -
Unlawful agreements - performance of contracts

UNIT IV:
Company - Definition - Characteristics - Lifting of corporate veil - Advantages of Incorporation -
Company Law Administration - NCLT & NCLAT - Classification of companies - Formation of a
Company - Memorandum and Articles of Association.

UNIT V:
Prospectus - Definition - Registration - Contents - Shelf Prospectus - Misstatement and their
consequences - Share capital - Meaning - kinds - alteration of share capital - Dividend -
provisions for declaration of dividend - Meetings - Kinds of Company Meetings.

SUGGESTED READINGS
1.Kapoor, N.D. Business Laws, Sultan Chand and Sons.
2.Sreenivasan, M.R.Business Laws, Margam Publications.
3. Dhandapani, M.V.Business Laws, Sultan Chand and Sons.
1.BadreAlam,S.&Saravanavel,P.Mercanti!eLaw
1. Kapoor, N.D. E lements of Company Law, Sultan Chand and Sons

E -RESOURCES
www.cramerz.comwww.digitalbusinesslawgroup.comhttp://swcu.libguides.com/buslaw
http://libguides.slu.edu/businesslaw
 UNIVERSITY OF MADRAS
B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2020-2021

BAF-DSC11
CORE-XI: WORKING CAPITAL MANAGEMENT

Inst.Hrs : 5 YEAR: II
Credits : 4 SEMESTER: IV

Objectives
 To enable the Students to learn the Working Capital mechanism.
 To facilitate the understanding of the relevance of the working capital

UNIT I: Introduction
Working Capital Meaning - Importance of working capital management - components of working
capital - Factors Influencing working capital requirements - Estimating working capital
management - working capital life cycle - Role of finance manager in working capital.

UNIT II: Financing Current Assets

Different approaches to Financing Current Assets - Conservative, Aggressive and Matching approach -
Sources of Finance Committees on Working Capital Finance. .

UNIT III: Cash Management

Importance - Factors influencing Cash Balance - Determining Optimum Cash Balance - Cash
Budgeting - Controlling and Monitoring Collection and disbursements.

UNIT IV: Receivables Management

Credit Policy Variables - Credit Standards - Credit period - Cash discount and Collection efforts -
Credit evaluation - Control of receivables.

UNIT V: Inventory Management

Need for Inventories and Importance of its Management -Techniques for managing
Inventory - Economic Order Quantity (EOQ) - Stock levels - Analysis of Investment in
inventory - Selective Inventory Control - ABC, VED and FSN Analysis.

NOTE : Questions in Sec. A, B & C shall be in the proportion of 80:20 between Theory and Problems.

SUGGESTED READINGS
1. Hrishikes Battacharya Working Capital Management strategies and Techniques prentice hall
of India 2001.
2. Joshi R.N. Cash Management, New Age International Publishers 1999.
3. Chitnis, K.M. Working Capital Management of large Industrial units, Dastane Ramachandra
and company Poona

E-RESOURCES
www.cpdwise.com
www.simplilearn.com
www.findtutorials.com
www.studyfinance.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSA4A
ALLIED-IV(A): ELEMENTS OF OPERATIONS RESEARCH
Common to BCom(A&F), BCom(MM), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: II
Credits : 5 SEMESTER: IV

OBJECTIVES
 To Facilitate this Understanding of the Concept of Operations Research
 To Help the Students to Understand the Various Techniques of Solving Problems

OUT COME:
 Understanding of the Concept of Operations Research and to Help the Students to
Understand the Various Techniques of Solving Problems

UNIT I : Introduction
Operations Research- Meaning-Definition - Origin and History- Characteristic Features –
Need-Scope –Steps- Techniques- Application- Limitations

UNIT II : Linear Programming Problem Lpp

Meaning- Requirements- Assumptions- Applications- Formulating Lpp –Advantages-
Limitations Formulating LP Model (Simple Problems Only)

UNIT III: Methods Of Lpp

Obtaining Optimal Solution for Linear Programming Problem (LPP)-Graphical Method -
Problems --Simplex Method for Type of LPP and for Slack Variable Case -Maximization
Function -Minimization Function (Simple Problem Only)

UNIT IV : Transportation Problems

Meaning –(Initial Basic Feasible Solution )Assumptions -Degenerate Solution -North -West
Corner Method- Least Cost Method -Vogels Approximation Method -Assignment Problems-
Features -Transportation Problem Vs Assignment Problem -Hungarian Method (Simple
Problems Only)

UNIT V: Game Theory

Meaning- Types of Games- Basic Assumptions- Finding Value of Game for Pure Strategy -
Mixed Strategy -Indeterminate Matrix and Average Method -Graphical Method -Pure
Strategy- Saddle Point Payoff Matrix Value of Game (Simple Problems Only)

Recommended Texts
1. M.Sreenivasa Reddy – Operations Research – CENGAGE , New Delhi
2. S.Gurusamy–Elements of Operations Research–Vijay Nicole Imprints private Limited,
Chennai
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

SUGGESTED READINGS
1. Agarwal NP and Sonia Agarwal, Operations Research and Quantitative Techniques, RBS
A Publishers, New Delhi ,2009
2. Anand Sharma, Operations Research, Himalayan Publishing House, 2014 ,Mumbai
3. Gupta Pk And Gupta SP Quantitative Techniques and Operations Research, Sultan
Chand and Sons, 2014, New Delhi
4. Kapoor V.K, Operations Research Techniques For Management,Sultan Chand And Sons,
2012 New Delhi
5. Kanti Swarup,P.K. Gupta Man Mohan ,operation research, Jain book agency, 2014, New
Delhi
6. Sarangi, SK Applied operations research and Quantitative methods, Himalayan
publishing house 2014, Mumbai.

E- SOURCES:
http://www.learnaboutor.co.uk/
http://www.theorsociety.com/
www.orcompleate.com/
http://www.orsi.in/
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC09
CORE-IX: ADVANCED CORPORATE ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(BM) & BCom(CA)
Inst.Hrs : 6 YEAR: II
Credits : 4 SEMESTER: IV

OBJECTIVES
 To provide the students with an understanding of accounting procedure for corporate restructuring.
 To make the students understand the applications of Accounting Transactions in Corporate Sector.
OUTCOME:
 The students will be able to understand the procedures of corporate restructuring and to prepare the
various accounting statements

UNIT I: Internal Reconstruction

Meaning - Alteration of share capital – Accounting Procedures.

UNIT II: Amalgamation, Absorption & External Reconstruction

Meaning- Amalgamation in the nature of Merger, Purchase - External Reconstruction –
Applicability of AS 14- Calculation of Purchase consideration (all methods) – Journal Entries in
the books of Transferor and Transferee Companies, Revised Balance Sheet (excluding inter -
company holdings)

UNIT III: Liquidation

Meaning – Preparation of Liquidator’s Final Statement of Accounts – Calculation of Liquidator
Remuneration.

UNIT IV: Consolidation

Holding Company –Subsidiary company - Meaning – Preparation of Consolidated Final
Statement of Accounts.

UNIT V: Accounting For Banking Companies

Bank accounts - Concept of Non-Performing Assets (NPA)-Preparation of Profit and Loss
Account - Asset classification - Preparation of Balance Sheet.
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.
TEXT BOOK:
1.Raj Kumar Sah - Concepts Building Approach to Corporate Accounting - CENGAGE , New Delhi.
2.Gupta, R.L.&Radhaswamy,M., Advanced Accounts, Sulthan Chand &Sons, New Delhi.
REFERENCE BOOKS:
1. Jain, S.P. & Narang K.L., Advanced Accounts – Kalyani Publishers.
2. Reddy, T.S & Murthy, A, Corporate Accounting, Margham Publications, Chennai.
3. Shukla, M.C. & Grewal, J.S, Advanced Accounts, S.Chand and Company, NewDelhi
WEB RESOURCE:
1. www.accountingcoach.com
2. www.accountingstudyguide.com
3. www.futureaccountant.com
4. www.education.svtuition.org
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSC12
CORE-XII: INDIRECT TAXATION
Common to BCom(A&F), BCom(CS) & BCom(BM)
Inst.Hrs : 5 YEAR: II
Credits : 4 SEMESTER: IV
OBJECTIVES:
 To facilitate the students to gain knowledge of the principles of Indirect Taxation.
 To enable the students to gain knowledge of Goods and Services (GST)
 To highlight the students about customs duty.
OUTCOME:
 The students will be able to understand the concepts of Indirect taxation, types and Assessment
procedures.
UNIT – I Introduction
History and Objectives of Taxation – Tax System in India- Direct & Indirect Taxes – Meaning
and Types – Powers of Union and State to levy taxes. Constitutional Amendments leading to
introduction of GST and their importance
UNIT – II GST – Overview & Concepts
Background behind implementing GST- The need for GST- objectives of GST- Business impact-
Benefits of GST-SGST- CGST and IGST- Taxes covered by GST- Definitions - Scope and
Coverage Scope of supply- Levy of tax- Rate Structure- Taxable Events. Types of Supplies –
Composite and Mixed Supplies –Composition Levy.
UNIT – II GST Taxation/ Assessment proceedings
Return- Refunds- Input Tax Credit- Reverse charge Mechanism, Transitional Provisions
composition under GST- Administrative structure of GST-Officers as per CGST Act- Officers as
per SGST Act-Jurisdiction- Appointment Powers. Relevance of Cross Empowerments
UNIT-IV GST Audit
Assessment and Audit under GST- Demands and Recovery- Appeals and revision- Advance
ruling Offences and Penalties. National Anti-Profiteering Authority – GST Practitioners –
eligibility and Practice and Career avenues
UNIT-V Customs duty
The custom duty- Levy and collection of customs duty- Organisations of custom departments-
Officers of customs- powers- Appellate Machinery- Infringement of the Law-Offences and
Penalties- Exemptions from duty customs duty draw back- duties free Zones. Export incentive
schemes
Recommended Texts
1. Shilpi Sahi – Concepts Building Approaches to Goods and Services Tax (GST), & Customs
Law - CENGAGE , New Delhi
SUGGESTED READINGS
1. Sweta Jain GST law and practice Taxmann Publishers, July 2017
2. V.S.Daty – GST- Input Tax Credi- Taxmann Publishers, second edition August 2017
3. C.A. Anurag Pandey- Law and Practice of GST- Sumedha Publication House 2017
4. Dr.Vandana Banger- Beginners- Guide AadhayaPrakashan Publisher 2017
5. Dr.M. Govindarajan- A practical guide send text publishers July 2017
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC13
CORE-XIII: ELEMENTS OF COST ACCOUNTING
Common to BCom(A&F) & BCom(CA)
Inst.Hrs : 6 YEAR: III
Credits : 4 SEMESTER: V

OBJECTIVES:
To make the students to know the Process of Accounting for Cost Elements.
 To understand the advantages of Costing to the Stakeholders, Workers, Creditors and the Public.
OUTCOME:
 At the end of the course students will understand the basic elements of costing.
UNIT I: Introduction of Cost Accounting
Definition - Nature and Scope – Principles of Cost Accounting – Cost Accounting and Financial
Accounting - Cost Accounting Vs Management Accounting – Installation of Costing System –
Classification of Costs – Cost Centre – Profit Centre
UNIT – II: Cost sheet and methods of costing
Preparation of Cost Sheet. Reconciliation of Cost and Financial Accounts - Unit Costing- Job
Costing.
UNIT III: Material Costing
Material Control – Meaning and Objectives – Purchase of Materials – Stock Levels of Materials
– EOQ – Stores Records – ABC Analysis – Issue of Materials – Methods of Issue – FIFO – LIFO
– HIFO – Base Stock Method – Specific Price Method – Simple and Weighted Average Method
– Standard and Inflated Price Method.
UNIT IV: Labour Costing
Direct Labour and Indirect Labour – Time Keeping – Methods and Calculation of Wage
Payments – Time Wages – Piece Wages – Incentives – Different Methods of Incentive Payments
- Idletime – Overtime – Labour Turnover - Meaning, Causes and Measurement.
UNIT V: Overheads Costing
Overheads – Definition – Classification – Allocation and Apportionment of Overheads – Basis
of Allocation – Absorption of Overheads - Preparation of Overheads Distribution Statement –
Machine Hour Rate – Computation of Machine Hour Rate.
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.
RECOMMENDED TEXTS
1. Drury – Management and Cost Accounting with CourseMate, New Delhi : CENGAGE
2. Jain,S.P & Narang,K.L.,Cost Accounting, Kalyani Publishers
3. Khanna, B.S. Pandey, I.M-Ahuja, G.K and Arora M.N., Practical Costing, S Chand & Sons
REFERENCE BOOKS:
1. Murthy A & Gurusamy S,Cost Accounting,Vijay Nicole Imprints Pvt .Ltd .Chennai
2. Reddy,T.S.and Hariprasad Reddy, Y, Cost Accounting, Margam Publications
3. Prasad,N.K and Prasad,V.K,Cost Accounting, Book Syndicate
4. Saxena and Vashist, Cost Accounting Sultan Chand and Sons,2014,NewDelhi
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

WEB RESOURCE:
1. www.accountinglectures.com
2. www.accounting coach.com
3. http://simplestudies.com/accounting-lectures.html
4. www.accounting study guide.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC14
CORE-XIV: PRACTICAL AUDITING
Common to BCom(A&F), BCom(BM) & BCom(CA)
Inst.Hrs : 6 YEAR: III
Credits : 4 SEMESTER: V

OBJECTIVES:
 To make the students to understand the concept of present day Auditing Practices.
 To enable the students to gain knowledge of various techniques of Auditing.

OUTCOME:
 On the completion of syllabus students will gain in sight of the Auditing practices prevailing
in the present scenario.
 Students will understand the general approach of audit in EDP environment.

UNIT I: Introduction
Meaning and Definition of Auditing – Distinction between Auditing and Accounting -
Objectives - Advantages and Limitations of Audit - Scope of Audit - Classifications of Audit –
Audit Planning - Meaning. Audit programme – Meaning – Objectives and Contents.
Audit Note Book, contents, Usefulness of Audit Note Book - Audit working papers - meaning.
Ownership and Custody – Test checking and Routine checking - Meaning. Internal control –
Meaning – Definition – Objectives – Technique for evaluation of Internal Control System.
Internal check – Meaning - Objectives difference between Internal control, Internal check and
Internal Audit.

UNIT II: Vouching and Verification

Vouching – Meaning and Definitions - Objectives. Trading Transactions – Audit of Ledger -
Scrutinizing of ledgers – Vouching of cash Receipts and Payments - Vouching of outstanding
Assets and Liabilities – Verification – Meaning - Objectives and Process – Valuation of Assets
and liabilities – Distinction between Verification and Valuation.

UNIT III: Audit and Accounting Standards

Types of Audit – Statutory Audit – Concurrent Audit – Stock Audit – Cost Audit – Secretarial
Audit – CAG Audit – Management Audit. Accounting Standards – Standards on Auditing
Standards on Internal Audit – Penal Provisions – Role of National Financial Reporting
Authority (NFRA)

UNIT IV: Auditors and Audit Report

Appointment – Procedures – Eligibility and Qualifications – Powers and Duties – Rotation and
Removal of Auditors – Resignation of Auditors – Remuneration of Auditors - Audit report –
Preparation and presentation. Auditor’s Responsibilities and liabilities towards Shareholders,
Board and Audit Committee. Restriction on other Services.

UNIT V: Recent Trends in Auditing

EDP Audit – Meaning – Division of auditing in EDP environment. Impact of Computerization
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

on Audit Approach – Online Computer System Audit – Types of Online Computer System Audit
– Audit around with the Computers – Procedure of Audit under EDP system- Green Audit-
Introduction

TEXT BOOKS:
1. Auditing, D.P. Jain Konark Publishers Pvt. Ltd.
2. Auditing, Principles and Practice, Ravinder Kumar and Virender Sharma, Eastern Economy
Edition.

REFERENCE BOOKS:
1. Practical Auditing, B.N.Tandon, Sultan Chand and Co., NewDelhi.
2. Contemporary Auditing, Kamal Gupta,Tata McGraw Hill.
3. Practical Auditing, Dinkar Pagare, Sultan Chand & Sons
4. Sundar.K&Paari.K,PracticalAuditing,VijayNicoleImprintsPvt.Ltd.Chennai

WEB RESOURCE:
1. http://www.osbornebooksshop.co.uk/p/auditing_tutorial
2. www.mu.ac.in
3. www.learnthat.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC16
CORE-XVI: FINANCIAL MANAGEMENT
Common to BCom(A&F), BCom(BM) & BCom(CA)
Inst.Hrs : 5 YEAR: III
Credits : 4 SEMESTER: V

OBJECTIVES
 To impart the basics of Financial Management for the benefit of Commerce students.
 To enable the students to know the concepts of the Investment, Financing and Working
Capital.

OUTCOME:
 At the end of syllabus students will understand the basics of financial management,
investing, financing and dividend decisions.

UNIT I: Introduction
Meaning and Objectives of Financial Management – Functions of Financial Management.
Finance - Sources of Financing-Role of Financial Manager in Financial Management-
Financial Goals- Profit maximization Vs. Wealth maximization – Concept of Time Value of
Money- Risk and Return.

UNIT II: Capital Structure and Cost of Capital

Capital Structure- Meaning- Capital Structure Theories-Definition - Cost of Equity Capital –
Cost of Preference Capital – Cost of Debt – Cost of
Retained Earnings – Weighted Average (or) Composite cost of capital (WACC) Capital
Structure – Theories of Capital Structure - Leverage concept.

UNIT III: Dividend

Meaning – Dividend Policies – Factors affecting Dividend Payment – Provisions on Dividend
Payment in Company Law – Dividend Models - Walter’s Model - Gordon’s Model - M. M.
Model – Hypothesis Model.

UNIT IV: Working Capital

Working Capital - Meaning and importance – Factors Influencing Working Capital –
Determining (or) Forecasting of Working Capital requirements – Working Capital
Operating cycle-

UNIT V: Capital Budgeting

Capital Budgeting Process – Cash flow estimation- Payback period _ Accounting Rate of
Return – Net Present Value (NPV) – Net Terminal Value - Internal Rate of Return –
Profitability Index – Capital Budgeting under Risk- Certainty Equivalent Approach and Risk –
Adjusted Discount Rate – Decision Tree Analysis.

Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

TEXT BOOK:
1. William R. Lasher – Financial Management - CENGAGE New Delhi
2. I.M. Pandey, Financial Management, Vikas Publishing House
3. Prasanna Chandra, Financial Management, Tata McGraw Hill Publications

REFERENCE BOOKS:
1. S.N.Maheswari, Financial Management, Sultan Chand & Sons
2. Y.Khanand Jain, Financial Management, Sultan Chand & Sons
3. P.Periyasamy.P,FinancialManagement,VijayNicoleImprintsPvt.Ltd.Chennai
4. Murthy A, Financial Management, Margam Publications, Chennai

WEB RESOURCE
www.cpdwise.com
www.simplilearn.com
www.findtutorials.com
www.studyfinance.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSE1A
ELECTIVE-I(A): INCOMETAX LAW AND PRACTICE-I
Common to BCom(A&F) as Core, BCom(CS) as Core,
BCom(BM), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: III
Credits : Elective 5 / Core 4 SEMESTER: V

OBJECTIVES:
 To provide a detailed understanding of the various provisions of I.T. Act.
 To enable the students to about the Assessment Procedures and Tax Planning.

Outcome:
 The students will understand the concepts of Income tax, Types of filing and computation of
tax from various head.

UNIT I: INTRODUCTION
Meaning of Income – Features of Income Tax – Types – Important Definitions Under the
Income Tax Act – Assessee – Types – Rates of Tax – Residential Status – Scope of Total Income
–Incomes Exempt from tax.

UNIT II: Income from Salary

Definition – Allowances – Valuation of perquisites – Deductions from Salary – Gratuity –
Pension – Commutation of Pension – Leave Salary – Profits in lieu of Salary - Provident Funds
– Deductions under Sec. 80.

UNIT III: Income from House Property

Annual Value – Meaning and Computation – Deductions from Annual Value – Legal Provisions.

UNIT IV: Profits and Gains from Business or Profession

Income from Business or Profession – Allowable expenses – Not allowable expenses - General
deductions – Provisions relating to Depreciation – Deemed Business Profits - Undisclosed
incomes – Investments – Compulsory maintenance of Books of accounts – Audit of Accounts of
certain persons – Special provisions for Computing Incomes on estimated basis – Computation
of Income from Business or Profession.

UNIT V: E-filing & Submission of Returns

E-filing – Concept – Procedure - 26AS – TDS – Traces – Filing of Return – Various Returns –
Permanent Account Number (PAN) – Usage of PAN – Concept of Transfer Pricing -
Fundamentals.

Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and
Problems.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

TEXT BOOKS:
1. Naveen Mittal – Peinciples of Income Tax Law & Practice – Cengage New Delhi
2. T. Srinivasan – Income Tax & Practice –Vijay Nicole Imprints Private Limited , Chennai
3. Vinod, K.Singhania, Students Guide to IncomeTax, Taxman Publications Pvt. Ltd.
4. Mehrotra- Income Tax Law&Accounts, Goyal, Sathiya Bhavan Publications.

REFERENCE BOOKS:
1. Gaur & Narang, Income Tax Law & Practice, Kalyani Publishers.
2. Reddy,T.S. & Hariprasad Reddy, Y, Income Tax Theory, Law & Practice, Margham
Publications, Chennai.
3. Murthy.A, Income Tax Law & Practice, Vijay Nicole Imprints Pvt.Ltd.Chennai
4. Hariharan N, Income Tax Law & Practice, Vijay Nicole Imprints Pvt. Ltd. Chennai

WEB REFERENCE:
1. www.incometaxindia.gov.in
2. www.incometaxindiaefiling.gov.in
3. www.onlineservices.tin.egov-nsdl.com
4. www.cleartax.in
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSE3B
ELECTIVE-III(B): PORTFOLIO MANAGEMENT
Common to BCom(A&F) as V-Sem.Elective, BCom(BM), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: III
Credits : 5 SEMESTER: VI
OBJECTIVES
To acclimate the students on the concept of Portfolio Management.
 To facilitate the students to know the techniques of Portfolio Management.
OUTCOME
 On completion of syllabus student will understand the basic concepts of Portfolio
Management and the techniques of Portfolio Management.
UNIT I: Introduction
Portfolio - Meaning - Objectives - Terms relating to Portfolio - Securities - Risk – Return -
Introduction to Portfolio Management – Role of Portfolio Managers.
UNIT II: Value of Money
Time value- Computation of Present Value Interest Factor(PVIF), Future Value Interest
Factor(FVIF), Present Value Interest Factor at an Annuity(PVIFA) - Future Value Interest Factor
at an Annuity (FVIFA) Simple Problems relating to it.
UNIT III: Portfolio Analysis
Planning – Selection – Evaluation – Revision -Various Steps involved in Protfolio Development
Theories relating to Portfolio Analysis.
UNIT IV: Risk & Return
Interpretation of Risk & Return – Mean – Variance Analysis - B(Beta) Measures. Portfolio
Diversification – Bond Valuation.
UNIT V: Need and Importance of Portfolio Management
Portfolio Management Vs Wealth Management – Introduction to Derivatives – Futures Options
– Swaps – SEBI Regulations relating to Portfolio Operations.
Note: Questions in Sec.A, B & C shall be in the proportion of 80:20 between Theory and Problems.
TEXT BOOK:
1. Francis-Management of Investments, McGraw Hill.
2. Gurusamy S, Security Analysis and Portfolio Management, Vijay Nicole Imprints, Chennai
REFERENCE BOOKS:
1. V.K. Bhalla- Investment Management, S Chand & Co
2. Fisher & Jordan-Security Analysis & Portfolio Management, prentice Hall
3. Punithaathi Pandian- Security Analysis & Portfolio Management, Vikas Publishing House
WEB RESOURCE:
1. www.portfoliomanagement.in
2. www.sebi.gov.in
3. www.moneycontrol.com
4. www.pms.sharekhan.com
 UNIVERSITY OF MADRAS
B.Com. DEGREE COURSE IN ACCOUNTING & FINANCE
SYLLABUS WITH EFFECT FROM 2020-2021
BAF-DSE3A
ELECTIVE-III(A): CAPITAL MARKETS
Inst.Hrs : 6 YEAR: III
Credits : 5 SEMESTER: VI
Objectives
1. To expose the students to the world of capital markets.
2. To enable the students to learn the working mechanism of Stock exchanges
3. To make the students understand the regulatory framework of Indian capital markets.
UNIT I: Introduction
Financial markets - Definition - Role -Functions-Constituents - Financial Instruments - Indian
Financial Market - G lobal Financial Market - Capital Market - E volution and growth-
Constituents - Capital Market Instruments - Types - Preference shares - Equity Shares -Non -
voting equity shares - Company fixed deposits - Warrants - Debentures and Bonds- G lobal Debt
Instruments.
UNIT II: Regulation of Indian Capital Market
Regulatory Framework - Committees on Regulatory Framework - SE BI - Objectives -
Management - Powers and functions - Regulatory role - Investor Protection - Insider Trading-
Rationale - Insiders - Insider information - Connected persons.
UNIT III: Stock Exchange
History- Meaning - Functions - Stock Exchange Vs Commodity Exchange - Stock Exchange
Traders - Regulation of Stock Exchanges - Steps in Stock Trading - BSE and NSE - World Stock
Exchanges - New York, London, Hongkong and Tokyo Stock Exchanges.
UNIT IV: Primary Market Meaning - NIM Vs Secondary Market - Methods of New Issue -
Intermediaries in the New issues market - SE BI Guidelines on Primary Market - Listing -
Agreement - Benefits - Consequences of Non-listing - Underwriting - Definition - Types -
Mechanics - Benefits - Book Building - Concept - Characteristics - Process - IPO including e-
IPO - Reverse book - building.
UNIT V: OTCEI
Concept - Features - Benefits - OTCE I Vs Other Stock Exchanges - Depository Services- Banks
Vs Depository - Demat Account - Electronic Settlement of Trade - Role of CDSL and NSDL -
Speculation - Online Stock Trading - Debt Market - Types - Role - Price Determination.
SUGGESTED READINGS
1. Gurusamy, Capital Markets, Vijay Nicole Imprints, 2014, Chennai.
2. Frank J. Fabozzi, Franco Modigliani, Capital Markets Institutions and Instruments Prentice Hall.
2000. New Delhi.
3. Mwnd Choudhry, Capital Market Instruments;- Analysis and Valuation, FT Press, 2000
4. Mahesh Kulkami & Dr Suhas Kulkami. Capital Markets and Financial Services, Nirali Publications,
2001, Mumbai.
5. Rajesh Chakraborthy, Sankar D.E, Capital Markets in India, Sage Publications, 2011, New Delhi
E –RESOURCES
www.nse.com xvww.bse.com wxvw.nsdl.com www.globalcapitalmarkets.com
wxx'w.mckinsey.com www.indiacapitalmarkets.in
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSC17
CORE-XVII: ADVANCED COST ACCOUNTING
Common to BCom(A&F)
Inst.Hrs : 6 YEAR: III
Credits : 4 SEMESTER: VI
Objectives:
 To make the students to understand the process of ascertaining, classification and controlling costs.
 To enable the students to learn the various methods of cost elements.
Outcome:
 The students will understand the concepts of cost accounting, methods and its usage in decision
making.

UNIT I: Contract Costing

Definition - Features of Contract costing- Calculation of Profit on Contracts- Cost plus Contract-
Contract Costing Vs job Costing-Preparation of Contract A/c
UNIT II: Process Costing
Features of Process Costing - Process Loss - Normal and Abnormal Loss - Abnormal Gain -
Joint Products - By Products - Concept of Equivalent Production – Process Accounts - Process
Lossess and Gains.
UNIT III: Operation Costing
Operating Costing – Meaning – Preparation of Operating cost Sheet – Transport costing – Power
Supply Costing – Hospital Costing – Simple Problems.
UNIT IV: Marginal Costing
Meaning – Features – Absorbtion Costing – Marginal Costing Vs Absorbtion Costing –
Contribution – PV Ratio – Break Even point – Key Factor – Margin of Safety – Preparation of
Marginal Cost Statement.
UNIT V: Standard Costing
Definition – Objectives – Advantages – Standard Cost and Estimated Cost – Installation of
Standard Costing – Variance analysis – Material, Labour, Overhead, and Sales Variances –
Calculation of Variances.
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.
Recommended Texts
1. Drury – Management and Cost Accounting with CourseMate
REFERENCE BOOKS
1. S.P. Jain and K.L. Narang Cost Accounting
2. P.T. Pattanshetty and Dr. Palekar Cost Accounting
3. S.P. Iyengar Cost Accounting
4. Khanna, Pandey, Ahuja and Arora Practical Costing
5. T.S. Reddy and Y. Hari prasad Reddy Cost Accounting
6. Saxena and Vashist Cost Accounting
7. Hansen/Mowen Cost management
Accounting and Control
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC18
CORE-XVIII: MANAGEMENT ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(BM),
BCom(MM), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: III
Credits : 4 SEMESTER: VI

OBJECTIVES
 To enable the students to get knowledge about the various techniques of Management
Principles.
 To make the students to get practical skill in solving management problems.

OUTCOME:
 Understand the primary purpose of management accounting namely financial statement
analysis and budgetary control
 Develop and apply budget for planning and controlling purpose.

UNIT I: Introduction
Management Accounting - Meaning- Scope- Importance- Limitations - Management Accounting
Vs Cost Accounting – Management Accounting Vs Financial Accounting.

UNIT II: Financial Statement Analysis

Analysis and Interpretation of Financial Statements – Nature and Significance – Types of
Financial Analysis – Tools of Analysis – Comparative Statements – Common size Statement –
Trend Analysis.

UNIT III: Ratio Analysis

Meaning – Advantages – Limitations – Types of Ratios – Liquidity Ratios – Profitability Ratios
Turnover Ratios – Capital Structure Ratios – Leverage Ratios – Calculation of Ratios.

UNIT IV: Fund Flow Analysis & Cash Flow Analysis

Introduction, Meaning of Funds Flow Statement-Ascertainment of flow of funds- Technique of
preparing funds flow statement- Schedule of Changes in Working Capital- Adjusted Profit and
Loss account-Funds Flow Statement
Meaning of Cash Flow Statements – Advantages – Limitations – Preparation of Cash Flow
Statement – Types of Cash flows - Operating, Financing and Investing Cash flows.

UNITV: Budgetary Control & Marginal Costing

Budgetary Control – Meaning – Preparation of various Budgets – Cash Budget - Flexible Budget
– Production Budget – Sales Budget. Capital Expenditure Control - Application of Marginal
Costing in Decision Making – Make or Buy –Shut down or Continue – Exploring New Markets.

Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

TEXT BOOK:
1. Rajiv Kumar Goel , Ishaan Goel – Concepts Building Approach to management Accounting
–CENGAGE New Delhi
2. Drury – Management and Cost Accounting with CourseMate
3. Maheswari,S.N.,Management Accounting, Sultan Chand & Sons

REFERENCE BOOKS:
1. Murthy A and Gurusamy S ,Management Accounting- Theory &Practice, Vijay Nicole Imprints
Pvt. Ltd .Chennai
2. Charles T. Horngren and Gary Sundem, N, Introduction to Management Accounting, Prentice
Hall
3. Sharma and Shashi K. Gupta, Management Accounting, Kalyani Publishers
4. Reddy, T.S. & Dr. Hariprasad Reddy, Y, Management Accounting, Margham Publications,
Chennai.
5. Hansen - Mowen, Cost Management Accounting and Control, South Western College

WEB REFERENCE:
1. www.accountingcoach.com
2. www.accountingstudyguide.com
3. www.futureaccountant.com
4. www.thestudentcpa.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

BGE-CSC19
CORE-XIX: ENTREPRENEURIAL DEVELOPMENT
Common to BCom(A&F) as Elective, BCom(CS),
BCom(BM), BCom(MM) & BCom(ISM)
Inst.Hrs : 6 YEAR: III
Credits : Core 4 / Elective 5 SEMESTER: VI

Course Objectives:
1. To enable the students to understand the concept of Entrepreneurship and to learn the
professional behavior expected of an entrepreneur.
2. To identify significant changes and trends which create business opportunities and to
analyze the environment for potential business opportunities.
3. To provide conceptual exposure on converting idea to a successful entrepreneurial firm.

OUTCOME
 On completion of syllabus student will understand on the basic concepts of
entrepreneurship and business opportunities to familiars with knowledge about business
and project reports for starting a new ventures on team based .

UNIT I: Entrepreneurship
Entrepreneur : Meaning of entrepreneurship – Types of Entrepreneurship – Traits of
entrepreneurship – Factors promoting entrepreneurship- Barriers to entrepreneurship- the
entrepreneurial culture- Stages in entrepreneurial process – Women entrepreneurship and
economic development- SHG.

UNIT II: Developing Successful Business Ideas

Recognizing opportunities – trend analysis – generating ideas – Brainstorming, Focus Groups,
Surveys, Customer advisory boards, Day in the life research – Encouraging focal point for ideas
and creativity at a firm level-Protecting ideas from being lost or stolen – Patents and IPR.

UNIT III: Opportunity Identification and Evaluation

Opportunity identification and product/service selection – Generation and screening the project
ideas – Market analysis, Technical analysis, Cost benefit analysis and network analysis- Project
formulation – Assessment of project feasibility- Dealing with basic and initial problems of
setting up of Enterprises.

UNIT IV: Business Planning Process

Meaning of business plan- Business plan process- Advantages of business planning- preparing a
model project report for starting a new venture (Team-based project work).

UNIT V: Funding
Sources of Finance- Venture capital- Venture capital process- Business angles- Commercial
banks- Government Grants and Schemes.
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

TEXT BOOKS:
1. Reddy, Entrepreneurship: Text & Cases - Cengage, New Delhi.
2. Kuratko/rao, Entrepreneurship: a south asian perpective.- Cengage, New Delhi.
3. Leach/Melicher, Entrepreneurial Finance – Cengage. , New Delhi.
4. K.Sundar – Entrepreneurship Development – Vijay Nicole Imprints private Limited
5. Khanka S.S., Entrepreneurial Development, S.Chand & Co. Ltd., New Delhi, 2001.
6. Sangeeta Sharma, Entrepreneurship Development, PHI Learning Pvt. Ltd., 2016.

REFERENCE BOOKS:
1. Barringer, B., Entrepreneurship: Successfully Launching New Ventures, 3 rd Edition,
Pearson, 2011.
2. Bessant, J., and Tidd, J., Innovation and Entrepreneurship, 2 nd Edition, John Wiley &Sons,
2011.
3. Desai, V., Small Scale Industries and Entrepreneurship, Himalaya Publishing House, 2011.
4. Donald, F.K., Entrepreneurship- Theory, Process and Practice, 9th Edition, Cengage
Learning, 2014.
5. Hirsch, R.D., Peters, M. and Shepherd, D., Entrepreneurship, 6 th Edition, Tata McGraw-Hill
Education Pvt.Ltd., 2006.
6. Mathew, J.M., Entrepreneurship Theory at Cross Roads: Paradigms and Praxis, 2 nd Edition,
Dream Tech, 2006.
7. Morse, E., and Mitchell, R., Cases in Entrepreneurship: The Venture Creation Process, Sage
South Asia, 2008.
8. Nagendra and Manjunath, V.S., Entrepreneurship and Management, Pearson, 2010.
9. Reddy, N., Entrepreneurship: Text and Cases, Cengage Learning, 2010.
10. Roy, R., Entrepreneurship, 2nd Edition, Oxford University Press, 2011.
11. Stokes, D., and Wilson, N., Small Business Management and entrepreneurship, 6 th Edition,
Cengage Learning, 2010.

E-RESOURCES:
1. http://inventors.about.com/od/entrepreneur/
2. http://learnthat.com/tag/entrepreneurship/
3. www.managementstudyguide.com
4. www.quintcareers.com
5. www.entrepreneur.com
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSE2A
ELECTIVE-II(A): INCOMETAX LAW AND PRACTICE-II
Common to BCom(A&F) as Core, BCom(CS) as Core,
BCom(BM), BCom(CA) & BCom(ISM)
Inst.Hrs : 6 YEAR: III
Credits : Elective 5 / Core 4 SEMESTER: VI

OBJECTIVES
To help the students to understand the relevance and significance of Tax.
 To facilitate the students in understanding the various Provisions I.T. Act.

OUTCOME:
 The students will understand the procedure for computing taxable income from different
heads, clubbing of income, Setoff and carry forward of losses and Deductions applicable to
an individual.

UNIT I: Income from Capital Gain

Capital Gain – Meaning – Short term and Long term Capital Gains – Certain Transactions not
included as transfer – Cost of Acquisition – Cost of Improvement – Indexation – Capital Gain
under different circumstances – Exempted Capital Gains – Computation of Capital Gains.

UNIT II: Income from other sources

Computation – Grossing up – Deductions in Computing Income under the head and other related
provisions.

UNIT III: Clubbing of Incomes and Set off / Carry forward and Set – Off of losses
Clubbing of Incomes under various situations – Deemed Incomes – Simple Problems on
clubbing of incomes – Setoff – Carry forward and set off of losses.

UNIT IV: Deductions from Gross Income

Permissible Deductions from Gross Total Income Sec.80C, 80CCC, 80CCCD, 80D, 80DD,
80DDB, 80E, 80G, 80GG, 80GGA, 80QQB, 80RRB, 80U. Assessment of Individual –
Computation of Tax.

UNIT V: Income Tax Authorities and Procedure of Assessment

Income Tax Authorities – Powers of the Central Board of Direct Taxes (CBDT),
Commissioners of Income Tax and Income Tax officers. Assessment Procedures - Self
Assessment – Best Judgement A s s e s s m e n t – Income Escaping Assessment (Reassessment)-
Advance Payment of Tax – Meaning and Due dates.

TEXT BOOKS:
1. Naveen Mittal – Peinciples of Income Tax Law & Practice – Cengage New Delhi
2. T. Srinivasan – Income Tax & Practice –Vijay Nicole Imprints Private Limited , Chennai
 UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021

REFERENCE BOOKS:
1. Vinod, K. Singhania, Students Guide to Income Tax, Taxman Publications Pvt. Ltd.
2. Mehrotra- Income Tax Law &Accounts, Goyal, Sathiya Bhavan Publications.
3. Gaur & Narang, Income Tax Law & Practice, Kalyani Publishers.
4. Murthy.A, IncomeTaxLaw&Practice,Vijay Nicole Imprints Pvt.Ltd.Chennai
5. Hariharan N, IncomeTaxLaw&Practice,Vijay Nicole Imprints Pvt.Ltd.Chennai
6. Reddy,T.S.&Hariprasad Reddy,Y,Income Tax Theory,Law&Practice,Margham Publications, Chennai.

WEB RESOURCE:
1. www.incometaxindia.gov.in
2. www.incometaxindiaefiling.gov.in
3. www.onlineservices.tin.egov-nsdl.com
4. www.cleartax.in