Course in GST ITR & TDS

About Course

The nitty-gritties of GST and Income Tax with its inherent dynamism, makes the learning, understanding, practical application and analysis of the provisions of GST in problem solving very interesting and challenging. This Practical Course in GST, ITR & TDS is designed keeping in view to upgrade the analytics and practical skills in GST. This is the Practical Course in GST, ITR & TDS where learners will understand the Provisions, Rules, Updates, Amendments, Finance Act 2022, Computations and Practical Filing of GST returns. Learners will also get the Notes, PDF and Excel sheets along with informative videos. In our Practical Course in GST, ITR & TDS we have breakdown the provisions of law in such a lucid manner that a beginner will understand the concepts of GST & Income Tax from the basics and a professional could recapitulate and enhance their skills in Taxation. The detail content of Practical Course in GST, ITR & TDS is provided below-

GST Course Content

Introduction to GST
- Concept of GST in India
- Need for GST in India
- Framework of GST
- GST Council
Supply under GST
- Concept of supply
- Composite and mixed Supply
- Taxability of composite & mixed Supply
Charge of GST
- Extend & Commencement of GST
- Charge of GST
- Levy & collection of GST
- GST on e commerce
Composition Levy in GST
- Composition levy for traders & manufactures
- Composition levy for restaurant services
- Composition levy for other services
RCM in GST
- RCM on goods
- RCM on Services
- RCM from unregistered purchase
Exempt Supply in GST
- Exemptions of goods from GST
- Exemption of services from GST
Time of Supply in GST
- TOS in case of Goods
- TOS in case of Services
- TOS in case of RCM
Value of Supply in GST
- Calculation of value of goods and service in GST
- Valuation Rules for goods and services
Place of Supply in GST
- POS of goods within India
- POS of services within India
- POS of goods outside India
- POS of services outside India
Input Tax Credit in GST
- Concept is ITC in GST?
- Sec 16 Eligibility & Conditions for ITC
- Clause (aa) of sec 16(1) added by FA 2021
- Summary of sec 16
- Sec 17 apportionment & Block Credits
- Sec 17(5) Block Credits in GST
- Rule 42 apportionment of input & input services
- Rule 43 apportionment of capital goods
- Sec 18 ITC in special circumstances
- Sec 18(1)(a) ITC availment in case of mandatory registration
- Sec 18(1)(b) ITC availment in case of voluntarily registration
- Sec 18(1)(c) ITC availment from composite levy to regular
- Sec 18(1)(d) ITC availment from exempt to taxable supply
- ITC Forms in GST
- Remaining provisions of sec 18
- Sec 18(6) Supply of capital goods or plant and machinery
- Sec 19 ITC on input or capital goods on goods send for Job work
- Sec 20 ITC distribution by ISD
- Recovery of ITC from ISD
- List of sections and rules related to ITC
- Rule 36(4) 5% provisional ITC
- Manner and utilization of ITC
- Rule 86A Condition of use of electronic credit ledger
- Rule 86B Restriction on use of electronic credit ledger
- How scam and bill treading happen in GST
Tax Invoice, Debit Note & Credit Note in GST
- Tax Invoice provisions and rules
- Debit note and Credit note provisions
- e invoicing
Registration in GST
- Concept of taxable person
- Person liable for GST registration
- Procedure for registration
- Cancellation of registration
- Practical session on GST Registration
- Documents required for GST Registration
Refund in GST
- identify the situations leading to refund claim
- explain the time limit for claiming refund and concept of ‘relevant date’ to calculate such time limit
- identify the conditions to be satisfied and documents to be filed to claim the refund in different circumstances
- illustrate the circumstances under which refund claim may be withheld by the Department
- explain the ‘principle of unjust enrichment’
- describe the provisions relating to ‘Consumer Welfare Fund’.
- explain provisions relating to refund to UN Bodies, Embassies, etc.
- explain the provisions relating to refund to the retail outlets established in departure area of an international airport
- compute the interest payable to the applicant on delayed refunds
Assessment & Audit in GST
- Self assessment in GST
- Provisional assessment in GST
- Scrutiny of returns
- Assessment of non filers of GST returns
- Assessment of unregistered person
- Summary assessment in GST
- Audit by authorities
- Special Audit
Inspection, Search and Seizure in GST
- Power of inspection, search & seizure
- inspection of goods in movement
- Power to arrest
- Power to summon
- Access to business premises
- Officers to assist proper officers
Demand & Recovery in GST
- Determination of Tax under section 73
- Determination of Tax under section 74
- Tax collected but not deposited
- Recovery proceedings
- Transfer of property to be void
- Tax to first charge on property
- Provisional attachment to protect revenue interest
Appeal in GST
- Appeals to Appellant Authority
- Powers of Revisional Authority
- Appellant tribunal under GST
- Mandatory deposit of pre deposit
- Procedure of additional evidence before Appellant Authority
- Appeal to High Court
- Appeal to Supreme Court
- Appeal not to be file in certain cases
Advance Ruling in GST
- Question for which Advance ruling can be sought
- AAR and AAAR
- Procedure for obtain Advance Ruling
- Rectification of mistake
- Advance ruling to be void in certain cases
Types of Returns in GST
- Overview of GSTR 1
- Overview of GSTR 2A
- Overview of GSTR 2B
- Difference between GSTR 2A and 2B
- Overview GSTR 3B
- Overview of GSTR 4
- Overview of CMP 08
- Overview of GSTR 5
- Overview of GSTR 6
- Overview of GSTR 7
- Overview of GSTR 8
- Overview of GSTR 9 (Annual Return)
- Overview of GSTR 9C
- Overview of GSTR 10 (Final Return)
Practical Session on GST Portal
- Overview of GST Portal
- How to search HSN Code?
- How to verify GSTIN?
Practical session on IFF
- FAQ on IFF Filing
- Understand the IFF Tables
- Filing of IFF
Practical session on ITC Reconciliation
- How to arrange data
- Using Excel for Reconciliation
- Identify the default supplier in Excel
- Follow up with suppliers
Practical session on GSTR 2A and GSTR 2B
- Understand tables of GSTR 2A Statement
- Understand tables of GSTR 2B Statement
- Difference between GSTR 2A & GSTR 2B
- Analysis of GSTR 2A & GSTR 2B on GST Portal
Practical sessions on GSTR 1
- Understand Tables of GSTR 1
- How to enter B2B supply in GSTR 1
- How to enter B2C supply in GSTR 1
- How to enter debit note and credit note
- How to enter export invoices
- HSN wise reporting in GSTR 1
- Document wise reporting in GSTR 1
- Use of offline tool for GSTR 1 Filing
- Prepare JSON file for offline GSTR 1 Filing
- Errors in JSON preparation
- Filing of GSTR 1
Practical session on GSTR 3B (Regular)
- Understand Tables of GSTR 3B
- Supplies to be enter under table 3.1
- Supplies to be enter under table 3.2
- ITC to be claim in table 4
- Reversal of ITC in GSTR 3B
- Challan preparation and payment on GST Portal
- Setoff GST liability
- Filing of GSTR 3B
Practical session on GSTR 3B (QRMP)
- Points to remember for quarterly 3B
- Understand Tables of GSTR 3B
- Supplies to be enter under table 3.1
- Supplies to be enter under table 3.2
- ITC to be claim in table 4
- Reversal of ITC in GSTR 3B
- Challan preparation and payment on GST Portal
- Setoff GST liability
- Filing of GSTR 3B Quarterly
Practical session on GST Computation
- Learn to prepare data for GST Filing
- Use of Excel for data preparation
- Classification of taxable, zero rated and exempt supply
- Classification of eligible and ineligible ITC
- ITC set off provisions and its application in computation
- Application of Rule 36(4)
- Mapping GSTR 2B and Book ITC data
- Finalizing data for GST Returns
Practical session on GSTR 9
- Understand applicability of GSTR 9
- Understand time limit to file GSTR 9
- Data required to file GSTR 9
- Understand all tables of GSTR 9
- Adjustments required in GSTR 9
- Payment of Tax through DRC 03
- Filing of GSTR 9
- HSN Summary reporting in GSTR 9
- Table 6 & Table 8 Reco in GSTR 9
- Practical issues in GSTR 9 Filing
Practical session on GSTR 9C
- Understand applicability of GSTR 9C
- Self Certification update by FA 2021
- Documents required to file GSTR 9C
- Points to be reconcile in GSTR 9C
- Difference between Gross Turnover and Taxable Turnover
- Payment of unreconciled amount through DRC 03
- Filing of GSTR 9C along with balance sheet and PnL
Practical Issue in GSTR 9 & 9C
- Difference in Table 6 & Table 8 of GSTR 9
- ITC adjustment in annual return
- HSN wise summary in annual return
- Practical challenges in outward supply mismatch
- Practical challenges in ITC mismatch
Practical session on GST Computation (Online Seller)
- Amazon, Flipkart, Meesho Sellers GST Computation
- TCS computation
- Filing GST TCS Return
- Filing GSTR 1 and GSTR 3B for online sellers
Practical session on GSTR 10
- Filing application for GST Cancellation GST REG 16
- Time limit for approval of application
- Filing of GSTR 10
Practical session on e invoicing
- Intro to e invoice
- GePP Tool for generating e invoice
- Overview and limitation of GePP tool for e invoicing
- Add Supplier Master in GePP tool
- Add Recipient Master in GePP tool
- Add Product Master in GePP tool
- Filing Data for e invoicing in GePP tool
- Generating JSON file from GePP tool
- How to generate IRN and e invoicing
- How to cancel e invoice
- Time limit for cancelling e invoice
- Bulk IRN generation in Excel Utility
- Bulk e invoice generation Format A
- Bulk e invoice generation Format B
- Bulk e invoice generation Format C
- Bulk e invoice generation Format D
- Generating Bulk e invoice through Format A
- Validating and Preparing JSON in Form A for e invoicing
- Bulk e invoicing cancellation

ITR Course Content

Basic Concepts of Income Tax
- Overview of Income Tax & Direct Tax
- Important definitions
- Finance Act 2021 Analysis
- Previous Year and Assessment Year
- Charge of Income Tax
- Types of Assessee
- Rate of Tax for different assessee
- Surcharge, Health & education cess
- Gross Total Income & Total Income
- Rebate of (Sec 87A)
Residential Status
- Basis Conditions for Resident
- Additional Condition for Resident and Ordinary Resident
- Non Resident and Resident but not ordinary resident
- Deemed Resident
- Scope of Total Income
Income under the head Salary
- Basis of Charge (Sec 15)
- Different type of allowances
- HRA Calculation [Sec 10(13A)]
- Calculation of Salary in Arrear
- Calculation of Pension
- Calculation of Gratuity
- Calculation of Leave Encashment
- Calculation of Provident Fund as updated by FA 2021
- Overview of Forms related to Salary
  - Form 10E Filing – Arrear of Salary
  - Overview of Form 24Q -TDS Return for Salary
  - Form 16 – TDS Statement
  - Form 12B – Details of income from previous employer
  - Form 12BA – Statement of perquisites
  - Form 12BB – Particulars of deduction claims by employee
- Valuation of perquisites
  - Valuation of Rent Free Accommodation (RFA)
  - Valuation of Motor Car Facility
- ITR Filing by Pensioners as updated by FA 2021
Income under the head House Property
- Chargeability (Sec 22)
- Condition of Chargeability
- Composite Rent
- Deemed Let out Property
- Determination of Annual Value (Sec 23)
- Deduction from Annual Value (Sec 24)
  - Standard Deduction
  - Interest on Loan
- Unrealized rent treatment
- Deemed ownership
Income under the head Business & Profession
- Chargeability (Sec 28)
- Method of Accounting
- Income computation & disclosing standards (ICDS)
- Speculative Business & Specified Business
- Calculation of Depreciation
- Admissible Deduction (Sec 30 to 37)
- Inadmissible deduction (Sec 40)
- Maintenance of Accounts (Sec 40AA)
- Audit of Accounts (Sec 44AB)
- Presumptive Taxation (Sec 44AD, 44ADA, 44AE)
Income the head Capital Gain
- Capital Asset
- Period of Holding
- Short Term & Long Term capital gain
- Transfer [Sec 2(47)]
- Scope & Chargeability (Sec 45)
- Capital Gain on assets distribution by companies in liquidation (Sec 46)
- Capital Gain on buy back of shares (Sec 47A)
- Mode of computation of Capital Gains (Sec 48)
- Ascertainment of Cost in special circumstances (Sec 49)
- Cost of acquisition (Sec 55)
- Cost of improvement (Sec 55)
- Capital Gain on depreciable asset (Sec 50)
- Capital Gain on Slump Sale (Sec 50B)
- Deemed Full value consideration
- Advance money receive
- Exemption of capital gain
- Reference to valuation officer
- Tax on STCG on equity or equity oriented mutual fund (Sec 111A)
- Tax on LTCH on equity or equity oriented mutual fund (Sec 112A)
- Tax on Long term capital gain (Sec 112)
Income under the head other sources
- Chargeability (Sec 56)
- Tax rate on casual income (Sec 115BB)
- Deduction allowed (Sec 57)
- Deduction not allow (Sec 58)
- Deemed income chargeable to tax (Sec 59)
- Method of Accounting (Sec 145)
Aggregation of income, Set off & Carry forward of Losses
- Aggregation of Income
- Concept of set off & carry forward of losses
- Inter source adjustment (Sec 70)
- Inter head adjustment (Sec 71)
- Carry forward and set off loss from house property (sec 71B)
- Carry forward and set off Business loss (Sec 72)
- Loss in speculative business (Sec 73)
- Carry forward & set off of losses of specified business (Sec 73A)
- Losses under the head Capital Gain (Sec 74)
- Order of set off of Losses
- Submission of return of loss (Sec 80)
Deduction from Gross Total Income
- General provisions
- Deduction in respect of payment
- Deduction in respect of certain income
- Deduction in respect of other income
Advance Tax
- Concept of Advance Tax
- Interest on Advance Tax
Tax planning, Tax Evasion & Tax Avoidance
- Tax Planning, Tax evasion & Tax avoidance
- Tax planning in respect of Salary income
- Tax planning in respect of business
- General Anti-avoidance Rules
Restriction on Cash Transactions by Income Tax Department
- Understand Disallowance of Cash Expenditure under Section 40A
- Understand sec 194N, TDS on cash withdrawal from Bank
- Learn about the SFT Significant Financial Transactions/High-Value Transactions
- Understand the section 285BA along with Rule 114E for High-Value Transactions
Practical Session on New Income Tax Portal
- Overview of New Income Tax Portal
- How to register on Income Tax Portal
- How to reset password
- Overview of Form 26AS
- Overview of Annual Information Statement (AIS)
- How to give feedback in AIS
- Overview of TIS
- Interlinkage between AIS, TIS & ITR
- Concept of Updated Return
Practical Session on ITR 1 Filing
- Eligibility to file ITR 1
- Documents need to file ITR 1
- Overview of ITR 1 Form
- Excel Computation for ITR 1
- Online ITR 1 Filing
Practical Session on ITR 2 Filing
- Eligibility to file ITR 2
- Documents need to File ITR 2
- Excel computation of ITR 2
- ITR 2 Filing with offline utility
- Preparing JSON & uploading on portal
Practical Session on ITR 3 Filing
- Balance sheet & PnL for ITR Filing (Format)
- Computing income under the head PGBP
- Computation of Depreciation schedule
- Reconcile Form 26AS, AIS & Books
- Computing income under the head Capital Gain.
- Computation of Tax Payable
- How to prepare challan for self assessment tax.
- ITR 3 Filing with offline utility
- Preparing JSON & uploading on portal
Practical Session on ITR 4 Filing
- Eligibility to file ITR 4
- Presumptive Taxation
- Online ITR 4 Filing
Practical Session on ITR 5 Filing
- Balance sheet & PnL for ITR Filing (Format)
- Computing income under the head PGBP
- Computation of Depreciation schedule
- Reconcile Form 26AS, AIS & Books
- Computing income under the head Capital Gain.
- Computation of Tax Payable
- How to prepare challan for self-assessment tax.
- ITR 3 Filing with offline utility
- Preparing JSON & uploading on portal
Rectification of Mistake us 154
- How ITR Process?
- Rectification of Mistake us 154
- What error can be corrected by Rectification?
- When can rectification be file?
- Time limit for rectification us 154?
- Who can file rectification us 154?
- Points to be consider while filing rectification
- Revise Return vs Rectification of Mistake us 154
- How to file rectification request under sec 154
- Reprocess the Return under rectification us 154
- Tax Credit Mismatch Correction
- How to correct wrong challan details enter in ITR
- Return Data Correction in rectification under sec 154
Practical ITR Case Studies
- ITR For Salaried Employee
- ITR for Freelancers
- ITR for Normal Business
- ITR for Service Provider
- ITR for presumptive taxation
- ITR for pensioners
- ITR for NRI
- ITR for Share Traders
- ITR for Online Sellers
- ITR for Company & LLP
- ITR for FnO Loss
- ITR in case of Audit

TDS Course Content

TDS Provisions
- Intro to TDS
- Sec 194C TDS on Contract
- Sec 194D TDS on insurance commission
- Sec 194H TDS on commission and Brokerage
- Sec 194I TDS on Rent
- Sec 194J TDS on Professional & Technical Services
- Sec 194O TDS on E comm transactions
- Sec 194Q TDS on Purchase of Goods
- Sec 194R TDS on Benefits & Perquisites
- Sec 194S TDS on Virtual Digital Assest
- Sec 206AB Higher Rate of TDS
- Overview of TDS
- Sec 206C(1H) TCS on Sales of Goods
- Sec 206C(1H) Practical FAQ
How to apply for TAN
TAN Registration on Income Tax Portal
Sec 192 TDS on Salary Computation
- Overview of Sec 192
- Average rate of income tax
- TDS Calculation
- Use of calculator
- Excel Calculator
Practical session on Form 24Q – Salary TDS Return
- Overview of TDS Return
- Overview of Form 24Q
- How to download latest TDS RPU utility
- Install Java for RPU utility
- How to fill Form
- Enter Challan details
- Annexure I Deductee details in Form 24Q
- Annexure II Salary details in Form 24Q
- How to download challan CSI File through OLTAS
- How to download challan CSI File through Income Tax Portal
- Creating FVU File for TDS Return
- How to upload TDS Return on income tax portal
Practical Session on Form 26Q – Other than Salary TDS Return
- How to create TDS Challan
- Provision covered by Form 26Q
- TDS Working
- Use of RPU utility
- Download CSI File
- Create FVU File
- Filing TDS Return
Practical Session on Form 27EQ – TCS Return sale of Goods
- How to create TDS Challan
- Provision covered by Form 27Q
- TDS Working
- Use of RPU utility
- Download CSI File
- Create FVU File
- Filing TDS Return

New Topic incorporated in Course

GST Filing in 2023
- Overview of GST Return Filing
- GSTR 1 Overview
- Login to GST Portal
- Dashboard of GST Portal
- Table 4A,4B,6B,6C -B2B Invoices
- Supply vs Sale
- How to report RCM in GSTR 1
- Table 5A B2C Invoices
- Table 6A Export invoices
- Table 7 B2C Others
- Table 8 Nil Rated Supply
- Table 9B Credit/Debit Note
- Table 11A Tax Liability on Advance
- Table 12 HSN wise summary in GSTR 1
- Table 13 Document Issued
- Amendment in GSTR 1
- Offline Utility for GSTR 1 Filing
- GSTR 2A vs GSTR 2B
- GSTR 3B Filing
- Utilization of ITC in GSTR 3B
- Creating Challan for GSTR 3B
- ITC offset & utilization
TDS Return Updated (Form 24Q)
- Overview of TDS Return
- Overview of Form 24Q
- How to download latest TDS RPU utility
- Install Java for RPU utility
- How to fill Form
- Enter Challan details
- Annexure I Deductee details in Form 24Q
- Annexure II Salary details in Form 24Q
- How to download challan CSI File through OLTAS
- How to download challan CSI File through Income Tax Portal
- Creating FVU File for TDS Return
- How to upload TDS Return on income tax portal
TDS Return Updated (Form 26Q)
- How to create TDS Challan
- Provision covered by Form 26Q
- TDS Working
- Use of RPU utility
- Download CSI File
- Create FVU File
- Filing TDS Return
TDS on Salary Calculation
- Overview of Sec 192
- Average rate of income tax
- TDS Calculation
- Excel Calculator added
48th GST Council Meeting Update
- Analysis of press release
- New GSTR1 Table 14 and Table 15
- Update in GST Registration Process
- New Rule 88C Difference in GSTR 1 & 3B
- 17-18 और 18-19 के ITC Notice केलिएआया GST Circular 183/15/2022
- Analysis of NN 15/2022 (Rates)

SAMPLE CERTIFICATE

Learn the Practical Aspects of Income Tax
Learn Tax Computation in Excel
Understand the Tax Rates (Slab Rates)
Learn e filing of Income Tax Returns
Understand the relevant Amendment by FA 2022
Learn the Tax Planning of Income Tax
Learn the Registration process of GST with a practical example
Learn about QRMP Scheme, IFF Facility & PMT-06
Learn to File Monthly GST Return GSTR 3B
Learn to File Return of Outward Supply - GSTR 1
Learn to File GSTR 9 with practical example
Learn e invoicing in GST
Input Tax Credit Computation and Set off ITC
Stepwise GST Computation with practical example
Learn to file Return for composite supplier - CMP08
Learn to reconcile Books with GSTR 2A, GSTR 2B
Understand different kind of Supply in GST Exempt, Nil, Zero Rated, Non-Taxable Supplies
CGST Rules (including amendment)
Variance in GSTR 1, GSTR 2B & GSTR 3B

About Course

GST Course Content

ITR Course Content

TDS Course Content

New Topic incorporated in Course

SAMPLE CERTIFICATE

What Will You Learn?

Course Content

Welcome Toolkit

Welcome Toolkit

Access Course on Mobile App

How to Access Course on mobile App

Introduction to GST

Basics of GST

Overview of GST

Overview of GST Concepts

Supply under GST

Supply under GST

Composite & Mixed Supply

Charge of GST

Charge of GST

Composition Levy in GST

Sec 10(1)

Live Filing of CMP 08

RCM in GST

RCM in GST

RCM in GST Practical Aspect

RCM in GST Practical Aspect

Exempt Supply in GST

Exempt Supplies in GST

Time of Supply in GST

Time of Supply in GST

Value of Supply in GST

Value of Supply in GST

Types of Supply in GST

Type of Supplies in GST

Place of Supply in GST

Place of Supply Part 1

Place of Supply Part 2

Input Tax Credit in GST

Input Tax Credit

Registration in GST

GST Registration Basics

Live GST Registration

Reply to registration Notice

Cancellation of GST

Revocation o Cancellation of GST

Tax Invoice, DN & CN in GST

Tax Invoice, Debit Notes and Credit Note in GST

Refund in GST

Refund in GST Part 1

Refund in GST Part 2

Refund in GST Part 3

Refund in GST Part 4

Refund in GST Part 5

Interest on GST

Interest on GST

Assessment & Audit in GST

Assessment & Audit in GST

Search and Seizure in GST

Inspection, Search and Seizure in GST

Demand & Recovery in GST

Demand & Recovery in GST

Appeal & Revision in GST

Appeal & Revision in GST

Advance Ruling AAR in GST

Advance Ruling in GST (AAR)

Returns in GST

Overview of Returns in GST

Overview of GST Portal

Overview of GST Portal

Practical session on GSTR 1

Basics of GSTR 1

GSTR 1 Filing Online Method

GSTR 1 Filing Offline Method

Practical session on IFF

IFF Basics

How to File IFF Return

QRMP & IFF FAQ

Practical session on ITC Reconciliation