Department of Cost and Management Accounting (CMA), Dr. MGR Educational and Research Institute organized a one day Guest Lecture on “SOURCES OF INCOME”. The session started with an welcome address given by Mrs. K.R. Abarna, Asst Prof and Guest Speaker Dr. P. Pandian, Asst Prof demonstrated about five heads of income , computation of tax liability, income tax, types of taxes to the audience. Vote of thanks was delivered by Ms. N.M. Vaishnave Asst Prof. Around 50 participants were participated and the speaker delivered current GST tax rates. Our heartfelt gratitude to our Honourable President for granting permission to organize the guest lecture event. We extend our heartfelt thanks to all the executives for continuous support rendered throughout our endeavor. We thank our faculty members for their coordination to complete the event successfully, Ms.B. Gayathri for technical support and compering part was done by Ms.A. Thanushree, Asst Prof.