Taxation Direct & Indirect

English | 2015 | mp4 | H264 1280x720 | AAC 1 ch | 2 Hrs | 90 MB

eLearning, Business, Finance | Skill level: Appropriate For All
Learning Taxation in a simple and lucid manner to use in the day to day life by anyone.
Taxation is one of the important concepts which are required to be understood by anyone as all
of us pay tax in some way or the other. This course will cover areas about why Tax is charged by
the Government, some terms and definition required to be known before we get to understand
tax. This course if further sub divided into two parts
Direct Tax which means tax which is directly paid by an individual, company etc. In direct tax we
will cover various sections of Income Tax which comprises of topics like Determination of
Residential Status of any person to determine whether a person will be taxed in the country of
origin or outside, Determination of Taxable Income from Various Heads such as Income from
Salary which is required to be determined in case of person who is working for some, Income
from House Property where an individual earns income from giving a house property on rent,
Income from Business and Profession which is received by person by carrying out business
activity or doing a profession, Income from Capital Gains is received when a capital asset is sold
by anyone and Income from Other Sources comprises of income which does not fall in the other
categories as mentioned.
The components of direct tax are required to be known by any individual or any person who
earns or will earn income in any form which is mentioned from the sources i.e. various heads of
income.
In Indirect Tax, we will cover various acts such as Service Tax in which we will understand the
various services chargeable to tax, MVAT which is charged on the value addition done on goods
sold and Excise Duty which is levied on the goods manufactured which are quite important to be
known in our day to day activities as every day we pay tax in an indirect way in some form or
other.
What are the requirements?
- Passion to learn
- Ability to Implement
- A PC with internet
What am I going to get from this course?
- Over 17 lectures and 1.5 hours of content!
- To study a completely new program and to enhance your knowledge by learning new concepts
of Taxation Direct and Indirect.
- This course will cover areas about why Tax is charged by the Government, some terms and
definition required to be known before we get to understand tax
- Learn various sections of Income Tax which comprises of topics like Determination of
Residential Status of any person to determine whether a person will be taxed in the country of
origin or outside, Determination of Taxable Income from Various Heads such as Income from
Salary which is required to be determined in case of person who is working for some
- In Indirect Tax, we will cover various acts such as Service Tax in which we will understand the
various services chargeable to tax, MVAT which is charged on the value addition done on goods

sold and Excise Duty which is levied on the goods manufactured which are quite important to be
known in our day to day activities as every day we pay tax in an indirect way in some form or
other