A Special lecture on the topic “DIRECT TAX " was organized by Dr.G.MYTHILI for the Slot F(A) – DIRECT TAX (EB1450) students on 16th March 2022,The resources Person of the session was Dr.M.SALATHIYAN ASSISTANT PROFESSOR Post graduate Research & development of commerce Loyola College chennai 34. he is more that 22 years teaching experience at present Position Held In Loyola Treasurer , AUT. The basic and Important Concepts of “Direct Tax and Heads of Income Discussion was move on Income from Salaries, House Property,profits & Gains Business or Profession,Capital Gain,other sources of income.The Process involved in Direct Tax Discusses the basic Principles and Input Tax Credit System & Different Rates of Tax,Filling of Returns, different schemes, Tax sharing aspects were also discussed.This information will help the students to visualise the application of accounting concepts in an organisation. Overall the session was helpful and the students were interactive.