EduIQ Unit 9 and 10 Printed Notes of Commerce with MCQs for UGC NET Entrance and Other Competitive Exam Preparations 2025
Prepare for your UGC NET and other competitive exams with EduIQ’s comprehensive Unit 9 and 10 Printed Notes of Commerce. These combined booklets cover essential topics with detailed explanations, case studies, and multiple-choice questions (MCQs) to enhance your understanding and boost your exam readiness.
Unit 9: Legal Aspects of Business
This booklet dives into the fundamental legal concepts that every business student must know:
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Indian Contract Act, 1872: Understand the essentials of a valid contract, including capacity, free consent, and breach of contract.
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Special Contracts: Gain insights into contracts of indemnity, guarantee, agency, and more.
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Sale of Goods Act, 1930: Learn about the sale and agreement to sell, rights of buyers, and the Doctrine of Caveat Emptor.
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Negotiable Instruments Act, 1881: Master types of negotiable instruments and the process of negotiation, dishonor, and discharge.
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The Companies Act, 2013: Know the different types of companies, their formation, management, and winding up.
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Limited Liability Partnership (LLP): Get familiar with the structure and formation process of LLPs in India.
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The Competition Act, 2002: Understand the objectives and provisions of competition law.
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The Information Technology Act, 2000: Explore the regulations around cyber crimes and penalties.
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The RTI Act, 2005: Learn the provisions and objectives of the Right to Information Act.
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Intellectual Property Rights (IPRs): Dive into patents, trademarks, copyrights, and emerging issues in IP.
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Goods and Services Tax (GST): Understand the objectives, benefits, and implementation mechanism of GST.
Unit 10: Income-tax and Corporate Tax Planning
Unit 10 focuses on the key areas of taxation, tax planning, and corporate strategies:
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Income-tax: Learn the basics, including residential status, exempt incomes, and taxable income computation.
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International Taxation: Master double taxation, avoidance mechanisms, and transfer pricing.
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Corporate Tax Planning: Explore the significance of tax planning in business decisions like asset acquisition, tax evasion, and more.
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Tax Deduction at Source: Understand how taxes are deducted and advance payment mechanisms.
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E-filing of Income-tax Returns: Learn how to file your returns online with the latest provisions.
These notes are designed to simplify complex concepts, ensuring a deeper understanding of crucial subjects, and are supported by MCQs for thorough practice. Whether you’re preparing for the UGC NET or other competitive exams, these booklets will equip you with the knowledge and skills needed for success.
This complete study resource ensures you’re fully prepared for the Legal and Taxation aspects in the Commerce syllabus. Grab your copy of the EduIQ Unit 9 and 10 Printed Notes and get one step closer to your exam goals!
