DEPARTMENT OF BUSINESS LAW : Introduction
Every Business activity is performed by following various provisions of laws applicable to that business organization.
As a result every businessmen must aware of primary knowledge of various mercantile laws, Income tax, Vat, Proper Accounting, Shop Act & various commercial Laws as well as provision of company Act. Being a faculty of Commerce & Trade it is essential to have sufficient practical knowledge of these factors to every commerce students. Accordingly in Commerce syllabus the weightage is given to Business Law. In Academic plan of 10+2+3 during graduation period the basic Laws are introduce to create awareness among the students. At S.Y level elements of Company Law & at T.Y level Business Regulatory Act, Auditing & Taxation are the compulsory papers in Commerce faculty. With this subject Accounting, Management, Administration in Commerce faculty. The knowledge of Business Law is an important aspect in Commerce education.