● Introduction of Tax & Bangladesh
● Income Tax :
○ Meaning of tax
○ Features and Purposes of Tax
○ Canons of Taxation
○ Classification of Tax
○ Role of tax in the economic development of a country
○ Impact, incidence and effect of a tax
○ Introduction of Tax & Bangladesh
● Income Tax :
○ Definition
○ Characteristics of Income tax
○ Objectives & Importance of Income tax
○ A brief history of income tax law in Bangladesh
○ Income tax payment cycle in Bangladesh
● Basics of Income Tax:
○ Income year
○ Assessment year
○ Residential status of assesse
○ Effect of residential status on assessment of Income
○ Charge of sur charge Additional Tax
○ Tax rates
○ TIN
○ E-TIN
● Income Tax Authority:
○ Administrative and Judicial Appointment
○ Organization structure-Power and Functions
○ Taxes Appellate Tribunal
● Income & its classification:
○ Definition of Income
○ Capital & Revenue receipts and expenditures
○ Losses
○ Classification of Income
○ Tax credit income/Investment Allowance
○ Tax-Exempted income.
● Income from salary:
○ Definition of Salary
○ Chargeability of income under the head salary
○ Elements of salary and explanations
○ Provident Fund, Superannuation fund, Gratuity fund, Worker’s Participation fund
○ TDS from Salary
○ Investment Allowance related to Salary income.
● Income from salary:
○ Provident Fund, Superannuation fund, Gratuity fund, Worker’s Participation fund
○ TDS from Salary
○ Investment Allowance related to Salary income.
● Income from Interest on securities:
○ Meaning of interest of securities
○ classification of securities
○ Admissible expenses from income from interest of securities
○ Income from House Property
○ Scope of Income from House Property
○ Annual Value
○ Admissible expense
○ TDS from House Property
● Income from House Property:
○ Problem solving
○ Income from Capital Gain
○ Definition of Capital Gain
○ Basis of Charges
○ Computation of Capital Gains
○ Tax exempted Capital Gains.
● Income from other sources:
○ Scope of income from other sources
○ Dividend income
○ Interest income other than interest on securities.
○ Royalty
● Income from other sources:
○ Fees for technical service
○ Income not classifies under any head
○ Allowable deductions from income from other sources
○ Inadmissible deductions
○ Rate of income tax regarding income from lottery, wining prizes etc.
● Example of some incomes where final settlement of tax is applied on the basis of the section 82C
● Appeal & Revision:
○ Penalty Provision
○ Provision of Appeal
○ Alternative Dispute resolution
○ VAT
○ Gift Tax,
○ Customs and other tax