PRESENTED BY

CHINNU GIGI
ROLL NO. 10
S1 MTECH CE
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 INTRODUCTION
 Tax law or revenue law is an area of legal
study
 In this public or sanctioned authorities, such as
federal, state and municipal governments (as in
the case of the US) use a body of rules and
procedures (laws) to assess and collect taxes in
a legal context.
 Tax law is part of public law
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 INTRODUCTION (CONTD)
 It covers the application of existing tax laws
on individuals, entities and corporations, in
areas where tax revenue is derived or levied.
 Government requires funds for the purposes
of carrying out its activities , which are
mainly maintenance of law and order ,
defence, public policy etc.
 These funds are generated through revenue ,
which comes from corporate tax, Income
3 tax, customs duty ,other duties etc.
 INTRODUCTION (CONTD)
 Major portion of the revenue of the country
comes from taxes.
 e.g. income tax, estate tax, business tax,
employment/payroll tax, property tax, gift
tax and exports/imports tax.

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 CLASSIFICATION OF TAXES
Taxes are classified as :

 Direct Taxes – These are taxes that are payed by

tax payer directly from his income/wealth.

 Indirect Taxes – These taxes are payed by the

tax payer indirectly.
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 FUNDAMENTAL PRINCIPLES
RELATING TO TAX LAWS
 Adequacy : Taxes should be just enough to
generate revenue required for provision of
essential public services.
 Broad Basing : Taxes should be spread over
as wide as possible section of the
population, or sectors of economy to
minimize the individual tax burden.
 Compatibility : Taxes should be coordinated
to ensure tax neutrality and overall
objectives of good governance.

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 FUNDAMENTAL PRINCIPLES
RELATING TO TAX LAWS

 Efficiency : Tax collection efforts should not

cost an inordinately high percentage of tax
revenues
 Equity : Taxes should equally burden all
individuals or entities in similar economic
circumstances

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 Commercial Taxes Department
 The Department of Commercial Taxes is the
major source of revenue of the Government
of Kerala, accounting for 3/4th of its
revenues.
 The Department caters to 1,83,000 traders
through 431 offices, including Check Posts,
across the state.
 The critical functions of the Department
such as Filing of returns, Payment of Tax,
Issue of Statutory Forms, Declaration of
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Consignments etc. are now fully automated.
 KERALA COMMERCIAL TAXES
DEPARTMENT – at a glance
 1 State Head Quarters.
 15 Districts Head Quarters.
 221 Assessment Circles.
 74 Check posts.
 75 Enforcement Squads.
 16 Investigation Wings.
 1 Appellate Tribunal.
 Total 4615 Employees.

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 ACTS ADMINISTERED BY THE
DEPARTMENT
 Kerala Value Added Tax Act.
 Kerala General Sales Tax Act.
 Kerala Agricultural Income Tax Act.
 Kerala Money Lenders Act.
 Kerala Tax on Luxuries Act.
 Kerala Tax on Paper Lotteries Act
 Kerala Surcharge on Taxes Act
 Central sales Tax Act

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 Kerala Building Tax Act, 1975
Rate of Luxury Tax
Sl.No Plinth Area Limit Rate (Rs.)

(1) (2) (3)

1 Not exceeding 278.7 Square Nil

metres
2 Above 278.7 Square metres 4000
but not exceeding 464.50
Square metres
3 Above 464.50 Square metres 6000
but not exceeding 696.75
Square metres
4 Above 696.75 Square metres 8000
but not exceeding 929 Square
metres
5 Exceeding 929 Square Metres 10000".
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