Description

Taxation is a cornerstone of financial systems worldwide, impacting individuals, businesses, and governments. Understanding the intricate world of taxes, both direct and indirect, is essential for compliance and financial planning. This course provides a comprehensive guide to taxation principles and tax audits, offering students the knowledge and skills to navigate the complexities of the tax system confidently. Through interactive lectures and real-world scenarios, students will develop a strong foundation in tax concepts, compliance requirements, and audit procedures.

What you'll learn

• Fundamental principles of direct and indirect taxation.
• Techniques for determining residential status and scope of income.
• Practical approaches to exemptions, deductions, and capital gains computation.
• Comprehensive knowledge of salary, business, and other income taxation.
• The purpose, procedures, and documentation of tax audits.
• Expertise in preparing and reviewing Form 3CD for audits.

Who this course is for:

• Aspiring accountants and tax consultants.
• Business owners looking to understand tax compliance.
• Financial analysts and auditors seeking to expand their knowledge.
• Students pursuing a career in finance or taxation.
• Anyone interested in mastering taxation and tax audit fundamentals.

Requirements

Basic understanding of accounting and financial concepts. Familiarity with common tax terms is beneficial but not mandatory. Access to a computer and internet for online resources.