Certified Income Tax
At Training Earning Institute this is very unique course designed by Industry expert like Chartered Accountants. In this Module of Income Tax student, working professional can upgrade with related provisions of Income Tax, TDS, TCS and return filling. While training students gets hands on experience of Accounting of taxation in Tally ERP 9 or Tally Prime.
Income Tax Return (ITR) is a form in which the taxpayers file information about his income earned and tax applicable to the income tax department. The applicability of ITR forms varies depending on the sources of income of the taxpayer, the amount of the income earned and the category the taxpayer belongs to like individuals, HUF, company, etc. This course will include important provision of the Indian Income Tax which is more useful in the practical working of Accountant and audit of entity. Our purpose of course creation is every learner understands the business income provision under Indian Income tax in very quick time. We update our course on regularly basis.
This course includes brief of the following topics of Income Tax:-
- Introduction of Indian Income Tax
- Introduction of various Income Tax Returns forms(ITR)
- Important Tax Saving Investment/Deductions or Tips
- Calculation of Business Income under the Income Tax
- Allowed & Disallowed business deduction
- Depreciation under Income Tax
- Books of Account & Document under Income Tax
- Applicability of Audit under Income Tax
- Presumptive Taxation scheme for small businessman/ professionals
- All about TDS provision like TDS provisions, Important TDS rates, TDS Returns & Due dates of the TDS returns.
Following curriculum will be form a part of Income tax course module
- Concept of accounting
- Concepts of accounting standards
- Business Journal entries
- Bank Reconciliation
- Depreciation overview
- Books Finalization
- Understanding P/L, Balance sheet & Audit report
- Hands on training on Tally accounting of Taxation
- Concept of Income Tax
- Computation of salary/ Professional/ Business/ Income from House property/ Capital gain & income from other source
- Returns ( ITR 1& ITR 4)
- Computation of Income & Tax payable
- TDS concept & Types
- TDS rates
- TDS Sections
- TDS on salaries
- TDS Computation flow
- E-TDS returns
- TDS and TCS provisions
- TDS and TCS return filling
- TDS and TCS Payment process
- Preparation of Data for Return Filling
Income Tax Course Benefits with Training Earning
- Understand practical issues faced with Income Tax with the focused FAQ session
- Gain experience of computer-based practical training on Income Tax
- Get knowledge on recent amendments & their challenges
- Resolve doubts on Income Tax during & after training
- Real-life cases and experiences shared by Tax experts.
With the course certificate, the salary of the people working in the financial sector may increase by a significant amount. They are also likely to get a superior and advanced job position with increased perks.
The course certificate may also increase the chances of getting in a better position at the workplace. They can make the work of the individual with this certificate extra inevitable in the tax sector than the ones not having it. They may accelerate the career path with less effort and give better outcomes for the given Hard work.
The certification course in goods and services tax can also increase the taxation skills of the professionals. They can also provide skills to individuals eager to learn about the indirect tax system. So the people can learn extra about the indirect taxes easily and get a clear picture of their GST details.
Unlike some other courses, these certification courses have a better understanding of the syllabus with many types of course delivery. They could even be learned with online classes if the individual has previous experience or a better understanding of the taxation system.
Top 10 Reasons to Choose Training Earning for Income Tax Certification Course
- 100% practical classes
- Hot topics covered:
- GSTR 3B, GSTR 1, GSTR 2A
- New provisions of e-Invoicing
- How to take ITC (Input Tax Credit) in case it is not reflecting
- Critical analysis of GST Law
- Real-time application of the complicated GST provisions
- Get certified GST Practitioner Certification
- 100% placement support
- Get 1-year access of GST Practitioner LMS and e-Learning portal
- Get trained from experts with 10+ years of experience
- E-Learning Access: Get access to recorded videos, ppt, case studies, etc.
- Internship*: 100% internship with partner firms
- Job Opportunities: Job notifications sent regularly by e-mail
- Interview Skills: Support in clearing interviews with startups and top corporates
- Perks of Membership: Gain exclusive access to Complimentary Modules, namely, Soft Skill Development and Resume Writing along with the course curriculum
