Income Tax

The main subjects in Income Tax courses are:Basic of Income Tax, Major Head of Income, Tax Forms, New & Old Tax SchemeConcept of Business Income, Calculation of Income from Business & ProfessionDepreciation under the Income Tax, Important Rate & Calculation of DepreciationCalculation of Allowed Expenses under the IT Act, Import Section of the ActBooks of Account &, Documents & Maintenance of Books of AccountsAudit of Books of Account under the IT act & Exemption from the AuditBenefit & Disadvantage of Presumptive Taxation under the Income TaxTax Deducted at Source (TDS) Basic, TDS Rate and TDS ProvisionsTax Deducted at Source (TDS) Due Dates & Penalty

Yes, a BCom student can become an Income Tax Officer. After completing their BCom degree, students are eligible to appear for the Staff Selection Commission Combined Graduate Level (SSC CGL) exam, which is the primary route to becoming an Income Tax Officer in India. The exam consists of multiple tiers, including objective tests, descriptive papers, and sometimes skill tests, all designed to assess a candidate's knowledge, reasoning, and aptitude. With dedicated preparation, especially in areas like general knowledge, quantitative aptitude, and English, a BCom graduate can successfully clear the SSC CGL exam and embark on a career as an Income Tax Officer.

The tuition fee waiver / concession in IITs and NITs are as follows: For GEN and OBC students having annual family income less than Rs. 1 Lacs and all SC, ST & PwD students: 100% tuition fee waiver. Only fee in other heads like exam fee, hostel and mess fee, gymkhana fee, etc., need to be paid.For GEN and OBC students having annual family income between Rs. 1 Lacs and Rs. 5 lakh: 2/3rd waiver in tuition fee. Only 33.33% of tuition fee need to be paid.For GEN and OBC students having annual family income above Rs. 5 Lacs or those students who are not desirous of obtaining fee waiver or have not submitted income certificate: Full tuition fee need to be paid.