Estb. 1882

University of the Punjab

Mercantile and Taxation Law

Mercantile Law

• Law of Contract

•   Contract and its Kinds

•   Offer and Acceptance

•   Consideration and Object

•   Free Consent

•   Void and Discharge of Contract

• Law of Sale of Goods

•   Contract of Sales

•   Conditions and Warranties

•   Transfer of Property

• Law of Negotiable Instruments

•   Negotiable Instruments

•   Parties n’ Negotiation of Negotiable Instruments

• Law of Labour

•   Industrial Relations

•   Industrial and Commercial Employment

•   Wages and Compensation



Taxation Law

• Definitions • Exemptions • Income from Salary • Income from Property • Capital Gain • Income from Other Sources • Assessment Procedure • Set Off and Carry Forward of Losses • Penalties and Prosecutions • Income Tax Authorities • Appeals • Capital and Revenue

Credit hours/ Marks:- 3

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