Taxation & Statutory Compliance Practical


 

Direct Tax

   
 

Income tax

   
 

Basic Concepts of Income Tax
Tax Planning for Employees (Salary)
House Property
PGBP (Business income)
Capital gain
Other Sources
Online Filling of Income Tax Returns ( for Individual, Firms, LLP, Company)
Refund Process
Assessment Procedure
TDS & Advance Tax
Online Filling of TDS Return

   
       
 

GST (Goods and Services Tax)

   
 

BASIC CONCEPT OF GST

LEVY OF, AND EXEMPTION FROM, TAX

 
 

Introduction of CGST, SGST and IGST
Central Goods and Services Tax
State Goods and Services Tax

Levy and Collection of Central / State Goods and Services Tax
Composition levy
Taxable person
Power to grant exemption from tax
Remission of tax on supplies found deficient in quantity

 
       
 

REGISTRATION

TIME AND VALUE OF SUPPLY

 
 

GST Registration
Special provisions relating to casual taxable person and non-resident taxable person
Amendment of registration
Cancellation of registration
Revocation of cancellation of registration

Meaning of supply
Time of supply of goods
Time of supply of services
Place of Supply
Change in rate of tax in respect of supply of services
Value of taxable supply

 
       
 

INPUT TAX CREDIT

PAYMENT OF TAX

 
 

Transfer of input tax credit
Manner of taking input tax credit
Taking input tax credit in respect of inputs sent for job work
Manner of distribution of credit by Input Service Distributor
Manner of recovery of credit distributed in excess

Payment of tax, interest, penalty, and other amounts
Interest on delayed payment of tax
Tax deduction at source

 
       
 

RETURNS

TAX INVOICE, CREDIT AND DEBIT NOTES

 
 

Furnishing details of outward supplies
Furnishing details of inward supplies
Tax Return Preparers
Online Returns
Claim of input tax credit and provisional acceptance there of matching
Reversal and re-claim of input tax credit matching
Reversal and re-claim of reduction in output tax liability Annual return
Final return
Levy of late fee

Tax invoice
Amount of tax to be indicated in tax invoice and other documents
Credit and debit notes

 
       
 

ACCOUNTS AND RECORDS

ASSESSMENT AND AUDIT

 
 

Accounts and other records
Period of retention of accounts
Collection of tax at source
Special procedure for removal of goods for certain purposes

Self-assessment
Self-assessment
Scrutiny of returns
Assessment of unregistered persons
Summary assessment in certain special cases
Audit by tax authorities
Special audit

 
       
 

REFUNDS

   
 

Refund of tax
Interest on delayed refunds

   
       
 

Batch & Duration :
Regular Batch : 2 Month
Weekend Batch : 15 Sunday
Fast Track : 10 Days (Full Time)

   

Contact
Feel free to interact with us if you have any queries or suggestions contact us on contact@megara.co.in & 0124 4058 233 | 9999 8582 39