Advanced Diploma in Taxation, Syllabus, Eligibility, Duration, Diploma Course

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Duration

1 Years

Level

Diploma After Graduation

Type

Diploma

Eligibility

Diploma in Taxation

Advanced Diploma in Taxation is a Diploma level Income Tax Commerce course. Taxation is a process of imposing a financial charge or another levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. The timespan of having this diploma is ranging from one academic year to more than it but it varies from institute to institute. The minimum time to complete the course is also differentiating from institute to institute. This course may also be available and is provided by some certain institutes on a part-time basis. The course is an important and career orienting one that opens many job scopes for the candidates after its successful completion.

Advanced Diploma in Taxation Eligibility

Aspiring students should have passed a Diploma in Taxation, graduation, or equivalent with 50% marks.

Advanced Diploma in Taxation Syllabus

Syllabus of Taxation as prescribed by various Universities and Colleges.

Sr. No.	Subjects of Study
1	Definition Agriculture Income –Previous Year – Assesses – Assessment year – Person – principal officer – Resident Ordinary resident – Non-resident – Deemed Income – Income exempt from Tax
2	Computation of Income from Salary
3	Computation of Income from House Property
4	Computation of Income from Business or Profession
5	Computation of Income from Capital gains and Income from other sources.
6	Deduction from gross total Income
7	Assessment of Individuals
8	Assessment of Partnership Companies
9	Assessment of Joint Stock Companies
10	Procedure for assessment – Filing of returns – Collection and recovery – Refund of Tax – Deduction of tax at source – Advance payment of Tax – Tax Credit Certificate
11	Introduction of Central Sales Tax Law – Important Definitions – CST ACT 1956 – concepts of Sale and Inter-State sales
12	Sale to Government – a sale to Registered Dealer – exempted transactions
13	Liability to central sales Tax – Quantum of sales Tax – Procedure and forms under the CST Act
14	Restriction and conditions regarding tax on sale or purchase of declared goods within miscellaneous provisions.
15	Company in liquidation – Liability of directors in case of liquidation – CST appellate Authority – appeals, settlement of Disputes, Procedure, powers.
16	Value Added Tax (VAT): Introduction – Evolution of VAT in India – Meaning – Objectives – Features of VAT Laws –TNVAT Act,2006 – Definitions – Input tax credit system – Levy of taxes on sales – right to use any goods – Trans of goods involved in works contracts – refund of tax on sales returns – Deduction of tax at source in works contract exemption from tax.
17	Assessment in various cases – Liability of tax of persons – firms – Hindu Undivided family – a private company – Appointment and powers of authorities Recovery Act – Appeals and revisions.
18	Introduction to service Tax Law – meaning, Definition and Concepts.
19	Liability of service Tax – payments and recovery of service Tax – Registration, requirement & procedure – Records and returns – Assessments, Revision and appeal – offenses and penalties.
20	Summary provisions for various Taxable services – Advance ruling in service tax – service Tax Audit – service tax credit

Advanced Diploma in Taxation Colleges

Symbiosis International University - SIU, Pune
Guru Nanak Dev University, Amritsar

Advanced Diploma in Taxation Course Suitability

The course is suitable for those who are willing to go for teaching fields at higher degree level i.e. college and university level both in private and government institutions.
They should have the ability to thinking, a creative and innovative mind, good communication skills, up to date with awareness, abundant knowledge about the taxation sector and the market.
Candidates must have the ability to work as part of a team as it is necessary for course and job. Applicants should have strong problem-solving skills, proficiency with the Microsoft Office software suite and excellent Excel spreadsheet skills.

How is Advanced Diploma in Taxation Course Beneficial?

Candidates can go for a higher degree program in respective subjects such as Graduation and Masters Degree and then for research work.
They have also options in the income tax department as a consultant or an income tax advisor, a person who helps in filing your income tax returns every year.
Students also can go for the business tax field as a consultant gives advice to business houses regarding the various business tax issues that are plaguing them.
The course also gives knowledge regarding the tax system in India for students’ understanding.

Advanced Diploma in Taxation Employment Areas