Certificate Course on Corporate Tax

Certificate Course on Corporate Tax

This corporate tax course is designed for the corporate people working in accounts and finance department. This income tax course focused on the practical learning rather than theoretical discussion.

course at a glance

  • Date : 19 May - 21 Jun 2021
  • No. of Classes/ Sessions : 10
  • Total Hours : 20
  • Last Date of Registration : 19 May 2021
  • Class Schedule :
    • Monday - 6:30 PM - 8:30PM
    • Wednesday - 6:30 PM - 8:30PM
  • venue : BASIS Institute of Technology & Management (BITM) BDBL Bhaban (3rd Floor - East), 12 Kawran Bazar, Dhaka -1215

Price: TK. 15,000
(Excluding VAT & TAX)
Early Bird Registration Going on Valid till 28th February, 2021 Taka @12,000

Course Outline :

You will learn practically as we discussed in the above which will be covered in total 10 classes consist of two hours each. Day-wise learning areas are provided below in bullet points.

Day 01: TDS Calculation on Salaries

  • TDS calculation on employee salaries using an example
  • Show how to calculate average rate to deduct monthly TDS from salary
  • Discuss how to consider the investment allowance for tax rebate
  • How to adjust increment of the employee salary at anytime
  • How to prepare salary certificate to provide employees for tax filing

Day 02: TDS and AIT

  • Discuss everything about withholding tax applicable as per tax law
  • How you will deduct tax by applying TDS rates
  • How to calculate TDS if the invoice amount is exclusive of tax and VAT
  • Time limit for payment of TDS, consequences of failure to deduct collect, etc.
  • Discuss tax filings to the circle related with tax deducted at source
  • How to find out the eligibility of the advance income tax payment by the taxpayer
  • How to estimate tax advance income tax and find out the instalments tax amount
  • Show the penalty calculation for failure to meet the AIT ceiling

Day 03: Capital Gain

  • Which are considered for during capital gain calculation for tax purpose
  • How to find out the capital gain by selling an asset
  • How to enjoy tax exemptions by investing capital gain
  • How to calculate depreciation on assets buying from capital gain
  • Discuss set-off and carry forward of capital loss

Day 04: Income from business or profession

  • Discuss 03 important definitions to calculate company tax
  • Discuss fully income from business considered for taxable income calculation
  • Discuss partly income from business included with taxable income of company
  • Un-explained investment/deemed to be income of company
  • Allowable deductions or admissible expenses which are considered for deductions from income
  • Inadmissible expenses which are added with taxable income of the company
  • Method of accounting for business to follow to prepare company financial statements
  • Income in certain cases which are also included with taxable income of the company
  • Set off and carry forward of business loss
  • Discuss which are separate items considerations during company tax calculation

Day 05: Exemptions for business

  • How a business can avail tax exemptions facilities
  • Where the exemptions benefits are provided as per tax law
  • What are the procedures to obtain the tax exemption facilities

Day 06: Recovery of Tax and Refund

  • Details discussion on method of recovery by TRO 
  • How a business can get double taxation relief
  • When a company is entitled to get refund after tax assessment
  • How a company can adjust refund against corporate tax liability
  • How you will claim interest on delayed refund assessed by the tax authority

Day 07: penalty and Punishment

  • Discuss in details about all penalties may impose for non-compliance of tax law
  • Discuss in details about all punishments may impose for non-compliance of tax law

Day 08: Appeal and Transfer Pricing

  • What a company shall follow if aggrieved by the assessment order of the DCT
  • Discuss about the ground preparation for the appeal and Tribunal
  • What are the procedures to follow for filing appeal to the Commissioner of Taxes (Appeal)
  • When a company may file appeal to the Appellate Tribunal
  • On which ground, a company can go to High Court
  • Discussions of the most appropriate method for determining the arm’s length price of an international transaction
  • Information and documents to be kept and maintained under section 107E
  • Form of report to be furnished under section 107F
  • Statement of international transaction to be furnished under section 107EE

Day 09: Company Tax Calculation

  • Show taxable income calculation from a financial statement
  • Show the impact of corporate tax for section 30B
  • Show in details about minimum tax calculation
  • What will be the minimum tax if company has disallowances under section 30
  • What will be the minimum tax in case of a company enjoying tax exemptions or reduced tax rate benefit

Day 10: Company Return Preparation

  • How to prepare a company tax return from after company tax calculation
  • What are the supporting documents shall be submitted with return form
  • How to apply for the time extension for failure to submit the tax return within due date
  • Show the interest calculation for delay submission of corporate tax return

Curriculum

Day 10 Company Return Preparation 2 Hrs
Day 09 Company Tax Calculation 2 Hrs
Day 08 Appeal and Transfer Pricing 2 Hrs
Day 07 Penalty and Punishment 2 Hrs
Day 06 Recovery of Tax and Refund 2 Hrs
Day 05 Exemptions for business 2 Hrs
Day 04 Income from business or profession 2 Hrs
Day 03 Capital Gain 2 Hrs
Day 02 TDS and AIT 2 Hrs
Day 01 TDS Calculation on Salaries 2 Hrs

Tentative Class Start

19th May, 2021

Available Seat

10 / 25

who can join

This corporate tax course is designed for the corporate people working in accounts and finance department. This income tax course focused on the practical learning rather than theoretical discussion, because your goal is to implement the learning in your job. After doing this course, you will feel confident about how to manage tax in any organization.

Meet the Instructor