Basics of Income Tax, Salary & PGBP | Taxation | CS Executive June / Dec 2026

In this CS Executive Taxation lecture, CA Sumit Kumar Sir covers Basics of Income Tax, Income under the head Salary, and Profits & Gains of Business or Profession (PGBP)—core and high-weightage topics for the June / December 2026 attempt. This session focuses on concepts, practical understanding, and exam-oriented preparation to help students score high in Taxation. Perfect for building strong fundamentals and improving accuracy in numerical questions. Teacher Name - CA Sumit Sir ------- [ Video Notes In the Below Batch ] Sadhya Batch : https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 3.0 June 2026 & Dec 2026 (Module 1 + Module 2) Combo https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 3.0 June 2026 (Module 1) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 3.0 June 2026 (Module 2) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Fastrack June 2026 & Dec 2026 (Module 1 + Module 2) Combo https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Fastrack June 2026 (Module 1) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Fastrack June 2026 (Module 2) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv PRO June 2026 & Dec 2026 (Module 1 + Module 2) Combo - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Pro June 2026 (Module 1) - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv Pro June 2026 (Module 2) - https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 2.0 June 2026 & Dec 2026 (Module 1 + Module 2) Combo https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 2.0 June 2026 (Module 1)- https://physicswallah.onelink.me/ZAZB... CS Executive Sarv 2.0 June 2026 (Module 2)- https://physicswallah.onelink.me/ZAZB... CS Executive Sarv June 2026 (Module 1) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv June 2026 (Module 2) https://physicswallah.onelink.me/ZAZB... CS Executive Sarv June 2026 & Dec 2026 (Module 1 + Module 2) Combo https://physicswallah.onelink.me/ZAZB... -------------------------------------------------------------- 📲 pw app/website: https://physicswallah.onelink.me/zazb... 📚 pw store: link: https://physicswallah.onelink.me/zazb... ---------------------------------------------------------------- 📌𝐂𝐒 𝐖𝐀𝐋𝐋𝐀𝐇 𝐒𝐎𝐂𝐈𝐀𝐋 𝐌𝐄𝐃𝐈𝐀 : 🌐 telegram: https://t.me/pwcswallah 🌐 instagram:   / pwcswallah   ---------------------------------------------------------------- 📌 𝐏𝐇𝐘𝐒𝐈𝐂𝐒 𝐖𝐀𝐋𝐋𝐀𝐇 𝐎𝐓𝐇𝐄𝐑 𝐘𝐎𝐔𝐓𝐔𝐁𝐄 𝐂𝐇𝐀𝐍𝐍𝐄𝐋𝐒 : CA Wallah:    / @cawallahbypw   ACCA BY PW:    / @accabypw   Physics Wallah:    / @physicswallah   📌 for any queries or complaints visit: https://bit.ly/pw_queries or give a missed call on 07019-243-492 ---------------------------------------------------------------- 00:00 Introduction and exam orientation 10:30 Introduction to Income under the head Salary 23:56 HRA (House Rent Allowance) calculation 59:24 Gratuity provisions: POGA vs Non-POGA 1:02:13 Gratuity numerical example 1:19:46 Leave Encashment provisions 1:25:13 Leave Encashment numerical example 1:47:05 Retrenchment Compensation 1:50:13 Voluntary Retirement Scheme (VRS) 1:59:00 Residential Accommodation perquisite 2:19:06 Use of Movable Assets perquisite 2:31:36 Taxability of Gifts 3:17:18 Introduction to PGBP (Profits and Gains of Business or Profession) 3:58:11 Preliminary Expenses (Section 35D) 4:24:16 Tax treatment of Gratuity provisions in PGBP ________ #CSExecutive #IncomeTax #PGBP #SalaryIncome #Taxation #CSStudents #ICSI #CSExecutivePreparation #CSJune2026 #CSDec2026 #StudyTax #FutureCS #CSCoaching #CommerceStudents Faculty Name - CA Sumit Kumar Sir Id - 68aef4c3ddac7dc1afe3e52a