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INCOME TAX PRACTITIONER

The MSME Technology Centre in Bengaluru is offering a training program on becoming an Income Tax Practitioner, aimed at graduates and professionals seeking a career in taxation. The course covers various topics related to income tax, provides knowledge on tax compliance, and offers benefits such as high income potential and career stability. The program is scheduled for January 27-28, 2024, with a fee of Rs. 3000, and includes softcopy study materials.

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Manikandaperumal C
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12 views

INCOME TAX PRACTITIONER

The MSME Technology Centre in Bengaluru is offering a training program on becoming an Income Tax Practitioner, aimed at graduates and professionals seeking a career in taxation. The course covers various topics related to income tax, provides knowledge on tax compliance, and offers benefits such as high income potential and career stability. The program is scheduled for January 27-28, 2024, with a fee of Rs. 3000, and includes softcopy study materials.

Uploaded by

Manikandaperumal C
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MSME TECHNOLOGY CENTRE, BENGALURU

MINISTRY OF MICRO, SMALL & MEDIUM ENTERPRISES, GOVT. OF INDIA


KIADB Industrial Estate, Devanahalli, Bengaluru
https://www.msmetcblr.org/

BRIEF DESCRIPTION OF TRAINING PROGRAMME

INCOME TAX PRACTITIONER


& NEW E-FILING PORTAL

LIVE INTERCTIVE CLASS

Training Programme on “Income Tax Practitioner” is a noble & dignified profession for those
who have just passed out an “accountancy examination”, or have just acquired a “Degree in
Commerce or Law”. They could take up this Profession of Practicing in Income Tax Law,
basing on one’s own abilities.

Course Benefits:

• Gives knowledge regarding tax system in India for students’ understanding


• Upon completion of course, the candidate will become a tax professional in
• different tax planning strategies for their client

• Maintaining the tax compliance software system

• Developing, implementing, and improving processes

• Providing technical advice and staff assistance to executives, field managers,


and employees
Who Should Attend: -

• Graduate Commerce/Arts/Engineering
• Chartered Accountant/Cost Accountant/Company Secretary
• Law Graduate/Advocate
• Head of the Finance Department/CFO/Directors/Tax Head/Finance Controller
• Individuals/beginners seeking career opportunity in the taxation domain.
• Professionals who want to shift from finance to GST domain.
• Finance professionals who want deal in taxation to meet their professional
need.

Topics to be covered:

S.No. Topics
1. Direct Tax vs. Indirect Tax

2. Basics of Income Tax

3. Slab Rates of Income Tax


4. Residential status
5. Heads of Income
6. Income from Salary
7. Deductions from Salary
8. Income from House Property
9. Home Loan Interest Deduction
10. Income from Business / Profession
11. Concept of Depreciation
12. Income from Capital Gains
13. Income from Other Sources
14. Setoff / Carry forward of losses
15. Clubbing of Income
16. Deductions from Income (80C, 80D etc.)
Advantages of Becoming a Certified Tax Professional

1. Lower Your Own Tax Bill-- By having tax knowledge and ability, you'll be able to lower your own tax bill. Most
people pay somewhere between ¼ and ⅓ of their income in taxes! Knowing how to lower this bill will add up to
a lot of money back in your pocket, plus you'll save on the tax preparation fee.

2. High Income Potential --How different would it be to start each year with over 100 clients planning to sit down
with you to prepare their taxes? . this is in addition to the other lines of business you offer!

3. Professional Career- In a short ten week time frame, you can go through our sixty hour comprehensive tax
course, training you on how to prepare tax returns. The knowledge alone will help you grow your practice in
every other area. There is no college degree required; this is not accounting, it is tax preparation! It simply
requires the ability to read, comprehend tax laws and have great people skills.

4. Career Stability-- “In this world, nothing can be said to be certain, except death and taxes" –Benjamin Franklin.
Even when legislation is passed to simplify the tax code, tax law changes cause confusion among taxpayers and,
invariably, new tax law changes are enacted to manipulate the economy or meet some social need. There will
always be a need for tax professionals

5. Personal Satisfaction- As you step alongside your client to assist them with preparing taxes, you become the
highly trusted advisor they've been looking for. You are able to make the dreaded task of tax preparation a
pleasant experience by educating them in the tax laws and simplifying the task. You ensure your clients’ tax
liabilities are minimized and their refunds are maximized. You establish a very personal relationship with your
clients who look forward to seeing you each year

6. High demand for Tax Professionals-- Effective January 1, 2012, the IRS implemented nationwide regulation of
tax preparers, but the regulations were suspended due to a court order and the IRS lost their appeal. However,
the new IRS Commissioner advocated the regulations to be reinstated on a voluntary basis. The regulations
would enhance the image of the tax preparation industry. Those who voluntarily meet the requirements would
have a competitive advantage over many unqualified tax preparers.

7. Professional Status— After completing the Comprehensive Income Tax Course, you will receive a certificate to
frame and mount on the wall of your tax office.

8. Recession Resistant-- All taxpayers must file every year, regardless of current economic conditions. Most
people who use tax preparers do so because they lack the ability to prepare their own returns. In a bad
economy, minimizing one’s tax liability is especially important. Your clients will be loyal to you. When you
combine services and become the go-to professional for all their financial needs, your client retention will be
among the highest in the industry.

Flexibility to Work
Handle Your Own Taxes
Advance Your Career
High income potential
Date- 27 to 28 January, 2024 (2 Days, 5 PM to 8.30 PM)

1) Course Fee: Rs. 3000/- (Study material in softcopy shall be provided)

FOR MORE DETAILS PLEASE CONTACT:


Mobile: +91- 9971875996
Website: https://www.msmetcblr.org/

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