B.Com Tax Procedure and Practice

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Bachelor of Commerce in Tax Procedure and Practice

Duration

3 Years

Level

Graduation

Type

Degree

Eligibility

10+2

B.Com (Tax Procedure and Practice) or Bachelor of Commerce in Tax Procedure and Practice is an Under-Graduate Accounts course. This course helps the students to gain skills in economics, accounting, and finance. There are different types of tax such as Value added tax, Property tax, Income tax, Service tax, etc.

The students who pursue the Bachelor of Commerce course in Tax Procedure and Practice usually get exposed to the details of indirect taxes like wealth tax, customs tax, and central excise tax. Subjects studied under the Bachelor of Commerce degree program in Tax Procedure and Practice are the Indian Tax System, Financial Accounting, Principles of Management, Value Added Tax and Central Tax Procedure, Financial Accounting, and Business Communication.

B.Com (Tax Procedure and Practice) Eligibility

  • Aspiring students should have passed 10+2 with Commerce stream from a recognized school board.

B.Com (Tax Procedure and Practice) Syllabus

Syllabus of Tax Procedure and Practice as prescribed by various Universities and Colleges.

B.Com (Tax Procedure and Practice) Semester-I

Sr. No.

Subjects of Study

1

Business Economics

2

Business Mathematics

3

Business Management

4

Central and State Sales Tax Procedure and Practice I

5

Financial Accounting

6

Indian Tax System and Income Tax

B.Com (Tax Procedure and Practice) Semester-II

1

Business Economics

2

Business Mathematics

3

Business Management

4

Central and State Sales Tax Procedure and Practice II

5

Financial Accounting

6

Indian Tax System and Income Tax

B.Com (Tax Procedure and Practice) Semester-III

1

Business Statistics

2

Business Regulatory Framework

3

Corporate Law

4

Corporate Accounting

5

Direct Tax (Procedure and Practice)

6

Direct Tax (Employers Obligation) I

B.Com (Tax Procedure and Practice) Semester-IV

1

Business Statistics

2

Business Regulatory Framework

3

Corporate Law

4

Corporate Accounting

5

Direct Tax (Procedure and Practice)

6

Wealth Tax

B.Com (Tax Procedure and Practice) Semester-V

1

Accounting for Management

2

Cost Accounting

3

Financial Market Operations

4

Indirect Tax: Central Excise Duty

5

Indirect Tax: Procedure and Practice

6

Taxation Law

B.Com (Tax Procedure and Practice) Semester-VI

1

Auditing

2

Cost Accounting

3

Financial Management

4

Indirect Tax: Procedure and Practice

5

Indirect Tax: Provisions of Custom Duty

6

Taxation Law

 

B.Com (Tax Procedure and Practice) Colleges

B.Com (Tax Procedure and Practice) Course Suitability

  • This course seems to be easy for those candidates who have completed their intermediate course in commerce. 
  • They should be up to date with the happenings in commerce fields as it is necessary for the course.
  • Students willing for further higher degrees such as Masters and then M.Phil. are suitable for it.

How is B.Com (Tax Procedure and Practice) Course Beneficial?

  • This course helps the students to gain skills in economics, accounting, and finance. There are different types of tax such as Value added tax, Property tax, Income tax, Service tax, etc. 
  • It helps those students who pursue this course usually get exposed to the details of the indirect taxes like wealth tax, customs tax, and central excise tax. 
  • Candidates can seek employment in the government and private sectors. Professionals can join any organization as a tax recruiter, tax policy analyst, tax advisor, revenue agent, tax examiner, tax manager, tax accountant, and a tax collector. 
  • It prepares students for a professional qualification in taxation, finance, and accounting and provides a solid base in the field of Taxation, Accounting, and Finance, thus making it easier to acquire a leadership/managerial role in the financial sector.

B.Com (Tax Procedure and Practice) Employment Areas

  • Banks
  • Business Consultancies
  • Budget Planning Commissions
  • Educational Institutes
  • Foreign Trade Centres
  • Industrial Houses
  • Investment Banking Sector
  • Merchant Banking
  • Marketing Companies
  • Policy Planning
  • Public Accounting Firms
  • Treasury and Forex Departments

B.Com (Tax Procedure and Practice) Job Types

  • Accountant
  • Employment Tax Specialist
  • Financial Analyst
  • Marketing Manager
  • Personal Finance Consultant
  • Revenue Agent
  • Tax Policy Analyst
  • Tax Attorney Specialist