INCOME TAX ITR &TDS COURSE:

Income tax is a very broad concept, and the new Income Tax Act 2025 will soon replace the Old Income Tax Act 1961. The course content below will help you become proficient in filing your own income tax returns (ITR 1, ITR 2, ITR 3, and ITR 4), as well as filing your own TDS and TCS returns and starting your own consultancy in this area.

Fundamentals of Income Tax Types
Crucial Definitions

Gross Total Income vs. Total Income Tax for the Prior Year and Assessment Year Residential Status Individual Income Tax Slab Rates Slab HUF Income Tax Rates Partnership Firm Income Tax Slab Rates Income tax slab rates for limited liability partnerships (LLPs) Slab Rates for Income Tax on Companies Cooperative Society Slab Rates for Income Tax Association of Persons Slab Rates under the New Tax System
Old Tax Regime: HEC, Rebate, and Surcharge
Relief on the Marginal
How Agriculture Income Is Handled
Current Slab Prices
Due dates for ITRs and audits
Forms 10IA and 10IEA

Earnings from Salary

Overview of the Basis for the Salaries Income Charge

Every Perk
Every Retirement Benefit
Profit instead of pay for all benefits
With the submission of Forms 10E and 10EE, deductions under Section 16 and relief under Section 89 for salary arrears and 89A
Form 10IE filing
Calculation of Salary Income
Using income tax return forms to demonstrate income from pay, pension, exemption, perquisites, etc. (practical training

Revenue from Real Estate

Basis of Charge for Gross Annual Value of House Property Income

Section 24: Rental Income Deductions
Interest paid by PCP on borrowed funds
Special features: Co-ownership Special features: Rent arrears
Calculation of Earnings from Home Property Held by the Deemed Owner
The Composite Rent
How to include revenue from residential real estate in an income tax return (practical instruction)

Capital Gains Income

Concepts of Capital Assets and the Basis of Charge of Capital Gains

Rates of Capital Gains Tax
The transaction is not considered a transfer.
Calculating Short-Term and Long-Term Capital Gains Gain in Capital
Acquisition Cost
Improvement Cost
Transfer Deemed
The complete worth of the consideration
The Slump Sale
Gain in capital from the sale of shares
Gains from the selling of other assets that are index-linked Acquisition/Improvement Cost
Exemptions from Capital Gain (Section 54)
How to report the profit or loss on an income tax return from the sale of shares and other assets (practical training)

Revenue from Professions and Businesses (This head is also practically explained from the perspective of the auditor.)
Overview of the Basis for Charging Business or Professional Profits and Gains (Sections 28 to 44)

Allowability/Deduction of Expense (real-world coverage from the auditor’s point of view in ITR)

Books of accounts must be maintained (Sec.44AA).
SEC. 44AB: COMPULSORY ACCOUNTS AUDIT
Depreciation

Section 35: Inadmissible donations and expenses for scientific research Spending

Sections 44AD, 44ADA, and 44AE: Inadmissible Expenditure Presumptive Tax and Alternative Minimum Tax

How to demonstrate business and profession-related revenue on an income tax return using F&O, intraday trading, etc. (practical training)
Earnings from Other Sources

Reasons for Charging Other Sources of Income

 Dividends, interest income, and winnings from card games, horse races, crossword puzzles, and lotteries, among other sources (also known as casual income)
Gifts’ Taxability

Family pension Deductions u/s 57, 58,59
Calculating Other Sources of Income
How to demonstrate this on an income tax return (hands-on instruction)

Virtual digital asset taxation and ITR treatment for cryptocurrency

Income Clubbing

Circumstances where combining provisions attracted

Transfer of income with transfer A resource

Reversible asset transfer

Payment to the spouse from a business in which the individual has a significant stake

Give to the Spouse

Transfer to the Wife of the Son

Transfer for the spouse or son’s wife’s advantage

Low-Income

Revenue from a Business in Which There Is a Significant Interest

Other Aspects of Income Clubbing

Carry forward and set off losses

Loss for the Current Year

In the same source Any Head Inter Head Brought Forward Loss Intra Head

Business Loss from Property Loss Unabsorbed Depreciation
Loss of Capital from Other Sources
How to demonstrate in an income tax return (hands-on instruction)
Under Chapter VI-A, deductions

80 C: Housing Loan Cost, LIC, School Fee, NSC, PF, FD, etc.
Contributions to Specific Pension Funds Under Section 80CCC
Section 80CCD: Contribution to Central Government Pension Plan, New Pension Plan, or Atal Pension The Yojna
80 D: Mediclaim for Preventive Health Checkups, Parents, and Self.
80 DD / 80 U: Assessee/Dependent Disability
Medical Treatment (80 DDB)

80 EE: Interest on Loan for Specified Home Property 80 E: Interest on Education Loan
80 EEA: Interest on Loans for Specific Residential Real Estate

80 EEB: Interest on Loans Obtained for Electric Vehicle Purchases
Contribution to Authorized Funds and Charitable Organizations (80 G)
80 GG: No HRA is paid for rent.
80 GGA: Contribution to Research Establishments, etc.
80 GGB, 80 GGC: Political Party Deduction, etc.
80 QQB: Book Royalties
80 RRB: Patent Royalties
Interest on Savings Account Deposits (80 TTA)
Interest on Deposits for Senior Citizens (80TTB)
Section 80U: Disability deduction Assessee
How to Display Deductions in an ITR (hands-on instruction)
Tax and Interest in Advance    

NOTE:

1. Live Classes on Zoom Meet app
2. CA Certified Certificate will also provided
3. Pdf & Recordings will be provided