New Income Tax Act, 2023 With Focusing On Budget Fy (2023-24)

Income Tax Management
" Online Certificate Course "
Registration Last Date: 28 May, 2024
Venue: Online Live Zoom Meeting

Why This Training is Important:

Tax, particularly income tax is a core issue on the part of the management of corporate houses. It equally affects individual taxpayers. So, tax planning and management becomes a major concern on the part of all types of assesses. Every person either individual or corporate body always tries to keep his or its tax expense at a minimum level and therefore requires good tax personnel to deal with taxation matter very effectively & efficiently. But, as a matter of fact, understanding of income tax is not very easy, as it is by nature very technical & complicated. So, it needs in-depth knowledge and clear conception to discharge duties and responsibilities.

The Income Tax Ordinance, 1984, Income Tax Rules, 1984, relevant SROs with their latest changes, Finance Acts, Case Laws, Transfer Pricing and DTAA would be discussed in details during training session. TDS, procedure of claiming refund, avoiding of penalty and prosecutions, risk area of universal self audit would be discussed in details. Procedure of appeal & tribunal would also be discussed. Therefore, the training session will provide opportunities to learn for those who want to reduce tax liability legally and to avoid unnecessary litigations.

How participants will benefit after this training:

The objective and purpose of this course is to provide income tax knowledge especially salary tax, withholding tax and major changes proposed through Budget, 2023. Thus, attending the course, the participants can develop a synoptic view of the INCOME TAX system and on that basis they would be able to perform their INCOME TAX related jobs themselves. Without basic INCOME TAX knowledge, facing an INCOME TAX related problem, anybody becomes confused and worried. On completion of the course, the participants will get knowledge to understand their problems, to do their jobs themselves and to help others in INCOME TAX matters. Thus, they will be able to run the fiscal management in their organizations in far better way; protect their organizations from future troubles; and would be able to develop their career in finance, INCOME TAX and management areas.

Contents of Training :
Day: 01

  1. A brief discussion regarding Income Tax Act, 2023
  2. Heads o Income
  3. Discussion regarding tax impact of resident and nonresident individual
  4. How to calculate income from salary and how to calculate TDS on income from salary
  5. A brief discussion regarding different types of funds
Day: 02

  1. How to calculate income from house property
  2. How to calculate income from agriculture

 

Day: 03 & 04

  1. How to calculate income from capital gain
  2. How to calculate income from financial asset
  3. How to calculate income from other sources

 

Day: 05 & 06

  1. How to calculate income from business and profession
  2. How to submit return in case of company
  3. What are the relevant documents required along with return?
  4. How to submit return in case of individual
  5. What are the documents required to submit return?
Day: 07

  1. Discussion of set off and carry forward of losses
  2. How to set off and carry forward of losses in the return
  3. Discussion of advanced payment of tax
  4. How to calculate advanced payment of tax
  5. Consequences regarding noncompliance of advanced payment of tax
Day: 08

  1. Discussion regarding TDS

 

Day: 09

  1. Corporate Tax compliance in case of Income Tax Act, 2023
  2. Corporate and individual tax planning
  3. Penalty against noncompliance of section of Income Tax Act, 2023
Day: 10

  1. What are the grounds of appeal and tribunal against DCT?
  2. How to write grounds of appeal in case of appeal to appeal authority
  3. How to write grounds of tribunal in case of appeal to appellate tribunal
Price:

10,000.00৳ 

Course Details
Date
29th May to 24th June, 2024
Time
Evening (8:00 PM to 10:00 PM)
Classes / Sessions
10
Class Schedule
Saturday, Monday & Wednesday (Every Week)
Total Hours
20
Management Trainees . Accounts/Finance Executives . Manager/Sr.Manager (F & A) . Tax and VAT consultant
Arrangement tea and snacks would be made by the Organizer during the training.
Imrul kayas, FCA, ACGA
Faculty Teacher

Institute of Certified General Accountants of Bangladesh (ICGAB).

I am a former partner of Mohammad Ata Karim & Co. I have almost 13 years of experience in CA firms (like Aziz Halim Khair Choudhury, ACNABIN, K M Hasan & Co and Habib Sarwer Bhuiyan &Co. I have worked different sectors like audit, accounting, tax and corporate secretarial activities under the direct supervision of renowned Chartered Accountants. I have worked in K.M.Hasan & Co which is a renowned Tax Consultant Firm for Income Tax Practice who have more than 350 Companies as a Tax Consultant ( including 16 Banks). I have worked directly with K.M.Hasan from 1st February 2018 to 1st January 2019 ( 1 year) and I have followed up the work of the maximum renowned companies, like RAK Ceramics, ACI, RahimAfrroz Superstores, Islami Bank, Premier Bank, Fast Security Islami Bank, Union Bank and so on.

Why This Training is Important:

Tax, particularly income tax is a core issue on the part of the management of corporate houses. It equally affects individual taxpayers. So, tax planning and management becomes a major concern on the part of all types of assesses. Every person either individual or corporate body always tries to keep his or its tax expense at a minimum level and therefore requires good tax personnel to deal with taxation matter very effectively & efficiently. But, as a matter of fact, understanding of income tax is not very easy, as it is by nature very technical & complicated. So, it needs in-depth knowledge and clear conception to discharge duties and responsibilities.

The Income Tax Ordinance, 1984, Income Tax Rules, 1984, relevant SROs with their latest changes, Finance Acts, Case Laws, Transfer Pricing and DTAA would be discussed in details during training session. TDS, procedure of claiming refund, avoiding of penalty and prosecutions, risk area of universal self audit would be discussed in details. Procedure of appeal & tribunal would also be discussed. Therefore, the training session will provide opportunities to learn for those who want to reduce tax liability legally and to avoid unnecessary litigations.

How participants will benefit after this training:

The objective and purpose of this course is to provide income tax knowledge especially salary tax, withholding tax and major changes proposed through Budget, 2023. Thus, attending the course, the participants can develop a synoptic view of the INCOME TAX system and on that basis they would be able to perform their INCOME TAX related jobs themselves. Without basic INCOME TAX knowledge, facing an INCOME TAX related problem, anybody becomes confused and worried. On completion of the course, the participants will get knowledge to understand their problems, to do their jobs themselves and to help others in INCOME TAX matters. Thus, they will be able to run the fiscal management in their organizations in far better way; protect their organizations from future troubles; and would be able to develop their career in finance, INCOME TAX and management areas.

Contents of Training :
Day: 01

  1. A brief discussion regarding Income Tax Act, 2023
  2. Heads o Income
  3. Discussion regarding tax impact of resident and nonresident individual
  4. How to calculate income from salary and how to calculate TDS on income from salary
  5. A brief discussion regarding different types of funds
Day: 02

  1. How to calculate income from house property
  2. How to calculate income from agriculture

 

Day: 03 & 04

  1. How to calculate income from capital gain
  2. How to calculate income from financial asset
  3. How to calculate income from other sources

 

Day: 05 & 06

  1. How to calculate income from business and profession
  2. How to submit return in case of company
  3. What are the relevant documents required along with return?
  4. How to submit return in case of individual
  5. What are the documents required to submit return?
Day: 07

  1. Discussion of set off and carry forward of losses
  2. How to set off and carry forward of losses in the return
  3. Discussion of advanced payment of tax
  4. How to calculate advanced payment of tax
  5. Consequences regarding noncompliance of advanced payment of tax
Day: 08

  1. Discussion regarding TDS

 

Day: 09

  1. Corporate Tax compliance in case of Income Tax Act, 2023
  2. Corporate and individual tax planning
  3. Penalty against noncompliance of section of Income Tax Act, 2023
Day: 10

  1. What are the grounds of appeal and tribunal against DCT?
  2. How to write grounds of appeal in case of appeal to appeal authority
  3. How to write grounds of tribunal in case of appeal to appellate tribunal