Certificate In Accounts Executive

Accounts Executive

Taxation related concepts:   Introduction to income tax& important definitions, exempted incomes and residential status & incidence of tax liability, heads of income.

Understanding GST Concepts: Register of goods produced, purchase register, sales register, stock register, input tax credit availed, output tax liability, output tax paid.

Incidence of Taxation: Benefits of corporate tax planning, incidence of tax- scope of total income, types of incomes, computation of gross total income of company, marginal relief in surcharge, due date for company tax return filing.

Registration under GST: Introduction, persons liable for registration, compulsory exempt from registration, procedure for registration, how to register on the GST portal, grant of registration to non- resident taxable person, amendment of registration.

Calculation of Tax Liability: Role of company secretaries in direct tax, basic concepts of income tax, deductions from gross total income & rebate and relief, classification and tax incidence on companies, assessment, appeals and revision.

Payment under GST and Return filing: Introduction, Significance of Self-Assessment in GST, who should furnish returns under GST, returns applicable to various categories of persons, Consequence of Non-filing / Late filing of Returns, Procedure to file various Returns, Return for Input Service Distributor, Return for Tax Deducted at Source.