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ADVANCED CERTIFICATION IN DIRECT TAX LAWS(10 Days online Course)

This course helps the students to widen your knowledge related to taxation and laws related t do it. This course helps the students to get eligible for presenting tax plans, providing advice, and filing various tax returns. It is basically a strategy to charge fees from the individual from the income tax. This course has a wide range of job opportunities after its successful completion.

  • Start: Course can be completed in 10 Days
  • Class: 5 Modules

It helps the students to prepare accounting information for people outside the organization also. Managerial accounting also provides students information to help the managers to make decisions to manage the business. It is the study of the sector in the niche. Students are given a prominent intricate overview of the subjects wherein they gain knowledge of the current scenario of the economy of our country.
Few careers are as changeable as those of tax experts. Tax laws, rules and regulations change every day. Then, there are the latest court verdicts and orders that serve as guidelines for those who dabble in finances and commerce. Hence, experts in taxation who can handle work with ease and in compliance with the latest tax rulings are always in demand among high net-worth individuals, corporate houses, and public sector undertakings (PSUs). As a tax professional, you are continually challenged and it is extremely crucial to keep yourself updated, expand your knowledge, and adapt new strategies to stay relevant in the market.
TOPICS COVERED IN THE COURSE:
I. Basic Concept

a. Types of Taxes and Distinction between Direct and Indirect tax
b. Previous Year and Assessment Year
c. Definition of Certain Terms: Persons, Assessee, Income, Application of Income and Diversion of Income by overriding Titles
d. Assessee and Assessment
e. Capital Receipt and Revenue Receipt
f. Rates of Income Tax: Proportional and Progressive Rate of Taxation
g. Agricultural Income
 
II. Residential Status, Chargeability

a. Meaning and Rules for Determining Residential status of an Assessee
b. Charge of Income Tax and Scope of Total Income
c. Income Exempted from Tax and Deduction under Income Tax Law
d. Heads of Income and its Justification
e. Tax Treatment to Salary, Perquisites etc.
 
III. Heads of Income and Rules of Tax

a. Tax Treatment to Income from House property
b. Profits and Gains of Business & Profession
c. Capital Gain Taxation
 
IV. Residual Income and Procedure for Assessment

a. Income from other Sources
b. Set off and Carry Forward of Losses
c. Deductions, Refund and Tax Authorities
d. Return of Income and Assessment
e. Penalty and Prosecution for Tax Evasion
f. Search and Seizure


EVALUATION

In every walk of life, the process of evaluation takes place in one form or the other. If the evaluation process is eliminated from human life then perhaps the aim of life may be lost. Being in the same line, INDIAN LAW SCHOOL is committed to evaluate the process of learning through its courses.
There will be an MCQ test for each course, that would test the basic understanding of the topics covered in the courses
 
The most intriguing aspect of the evaluation process is the time flexibility it affords. You can take the MCQ test and submit the project assignment as per your convenience.
To be eligible to receive a certificate after successful completion of the course, one is required to secure a minimum of 40 percent overall