ICA offer tax return preparer course in Chennai, professional tax preparer courses, tax preparer classes in Chennai, tax preparation course in Chennai, approved tax preparation courses, gst certificate course, gst certification course by msme. Be the best tax return preparer with our income tax preparer courses from ICA.

Module 1:

Module 2:

Basic Concepts including MAT; Residential Status; Income Exempt from Tax (provision for charitable trusts, SEZs etc.- registration, assessment, application u/s 80G), Agriculture Income, Income From Salaries (including provision and procedural formalities relating to approval of hospital for the purpose of benefit u/s 17(2); Income From House Property; Profit & gains from Business & Profession; Capital Gains including Section 50, 50C; Income from other sources; Clubbing of Income; Set off and carry forward of losses; Principal Deductions under Chapter VI; Rate of income tax & rate of interest; Computation of interest; payment of tax and advance tax; e-filing; filling up Income Tax Return by various types of assesses and documentation; Principal Penalties under IT Act including the procedure for waiver; Tax Deduction at Source (TDS) including provision for lower rater/ non-deduction; Procedure for obtaining PAN; Issue of Form 16 and Form 16A; Basics of Assessment & appeal Procedure; Rectification of Petition; Scrutiny Assessment Taxation of i)individuals, ii) Firms, iii)AOP, iv)Companies; Return of Income, TDS, etc., Tax Software; Concept of Wealth Tax.

Module 1: Goods and Service Tax (GST)

Basic Concept and Definitions; Incidence of tax(i.e. liability of dealers to pay tax other than works contractors); Liability of a works contractor to pay tax; Liability to pay purchase tax; Registration procedure; Amendment of Registration Certificate; Cancellation of Registration; Deductions from turnover of sales; levy of tax on sales; Schedules and Tax Rates; Concepts of works contract including deductions from contractual transfer price and tax on taxable contractual price; Compounding scheme for resellers, works contractors, etc; Option of paying tax on maximum retail price on certain notified goods; Concept of input tax, input tax credit, Negative list and reverse credit; Computation of net tax; Furnishing of Return-How to fill up GST Return; Time limit for filing of Returns/revised returns; Interest and its determination; Late fee and its determination; Scrutiny and Verification of Returns; Concept of GST Audit and audit by professionals; Way Bills for registered dealers; Way Bills for persons other than registered dealers; Documentation for transportation of goods – Inter and intra state; Provisional Assessment; Assessment after giving notice to a registered dealer/un-registered dealer; Assessment as per Returns; Tax Deduction at Source (TDS); Maintenance of Registers and accounts; Issue of tax, invoice, invoice, etc; Basics of Appeal, Revision and Review; Settlement Commission.