P.G Diploma in Taxation

P.G Diploma in Taxation

Course content:

GENERAL BUSINESS CONCEPTS
INCOME TAX LAW AND PRACTICE:Basic concepts, capital and revenue, residence and incidence of tax, exempted incomes, different heads of income under income tax-salaries, house property, business or profession, capital gains and other sources.

CENTRAL EXCISE TAX

INDIAN CUSTOMS TAX:Introduction to customs duty- brief background, scope and coverage, nature of customs duty, types of customs duty, classification of customs and rate of duty in India.

CENTRAL SALES TAX:Quantum of CST payable- Rate of central sales tax, calculation of sales exemptions under CST, illustrative examples regarding turnover, calculation of CST.

TAX ADMINISTRATION:Income Tax Authorities- Central government, central board of direct taxes, director-general, director, chief commissioner, commissioner, assessing officer-their powers and responsibility.

PRACTICAL TRAINING REPORT:For this purpose the candidate has to acquire some practical training (any time during the year) in the area of either income tax or excise tax or customs tax or central sales tax or tax administration.
COMPREHENSIVE VIVA-VOCE