Theory on Taxation:
· Meaning, 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
· Tax structure in Bangladesh
Income Tax :
· Definition, Characteristics of Income tax
· A brief history of income tax law in Bangladesh
· Income tax payment cycle in Bangladesh
· Basics of Income Tax
· Income Tax Authority
· Income & its classification
Computation of total income:
· Scope of total income on the basis of assesses residential status
· income deemed to accrue or arise in Bangladesh, deemed income, non-assessable income
· income from salary
· interest on securities
Computation of total income:
· Income from House Property
- 50 -
· Income from Capital Gain
· Agricultural income, income from business or profession
· income from other sources
Procedure of assessment and rates of taxes:
· Filling of return of income and supporting statements
· Assessment of income, Provisional assessment and final assessment
· Other issues in assessment, Rates of taxes
Investment tax credit and tax rebate
· Payment refund and recovery, Review of midterm syllabus
Assessment of individuals::
· Assessment covering all heads on income and computation of tax liability
Assessment of firms:
· Partnership and partner, Assessment procedure for firms
· Set off and carry forward of losses by firms and partners income including income other
than firms income, Allocation of firm income.
Corporate Taxation:
· Determination of total income, rates and rebates, classification of companies according to
income tax law
Corporate Taxation:
· assessment of various types company including bank,
· Corporate fiscal incentives.
Property taxes, Custom Act:
· Property related tax under income tax law, Capital gain tax on transfer of property
· Gift tax, Objective of custom act, Duties under custom act 1969, CD,SD,IDSC,AIT
VAT & other taxes:
· Concepts, Advantages & disadvantages
· Computation of VAT in Bangladesh
· Registration, Payment of VAT, Submission of return
· Other taxes-Excise duty
Tax planning:
· Tax evasion
· tax avoidance
· tax planning for all parties