Course Overview
2h 11m | 20 Videos | 69960 Views | 
All Levels Tax Planning Strategy (Module #1) – The Fundamentals:
Tax planning is the skill of arranging your affairs in ways that postpone or avoid taxes. By employing effective tax planning strategies, you can have more money to save and invest or more money to spend. Tax planning helps you gain better control of your money by estimating your taxable income, hence your likely tax liability for the next year. This way you can avoid both underpayment and overpayment.
We would first start with understanding the basics of direct and indirect tax, basics of Income tax and rules, CBDT circulars and notifications, judicial decisions and finance act. We will understand the various definitions such as Assesse, Person, and Assessment etc. We shall then understand crucial steps in tax planning and the concept of income tax returns.
After this we would be specifically understanding tax planning, tax evasion and tax management, difference between tax planning and tax management, objectives, types and area of tax planning, planning from employer’s point of view, revisions of tax planning, tax evasion and tax management. Finally we would be concentrating on understanding agricultural Income and exemptions.
Tax Planning Learning Objectives:
- To learn concepts of planning taxation
- To learn the tax characteristics of business firms
Tax Planning Target Audience:
- Students
- Professionals
- Anyone who wants to learn basics tax planning
Tax Planning Learning Objectives:
- Passion to learn
- Basic knowledge of accounts
- Ability to Analyze and Implement
