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4.95
(22 Ratings)

Course in ITR & TDS

About Course

The nitty-gritties of Income Tax with its inherent dynamism , makes the learning , understanding, practical application and analysis of the provisions of Income Tax in problem solving very interesting and challenging. Hence we have prepared this course with complete practical approach and analyze the concepts in very lucid way. Course is updated by Finance Act 2022. Detail Course Content is provided below :-

ITR Course Content

  1. Basic Concepts of Income Tax
    • Overview of Income Tax & Direct Tax
    • Important definitions
    • FA 2022 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)
  2. 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
  3. 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
  4. 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
  5. 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)
  6. 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)
  7. 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)
  8. 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)
  9. Deduction from Gross Total Income
    • General provisions
    • Deduction in respect of payment
    • Deduction in respect of certain income
    • Deduction in respect of other income
  10. 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
  11. Advance Tax
    • Concept of Advance Tax
    • Interest on Advance Tax
  12. 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
  13. 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
  14. 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
  15.  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 protal
  16. Practical Session on ITR 3 Filing
    • Finalizing Balance sheet & PnL for ITR Filing
    • 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
  17. Practical Session on ITR 4 Filing
    • Eligibility to file ITR 4
    • Presumptive Taxation
    • Online ITR 4 Filing
  18. Practical Session on ITR 5 Filing
    • Finalizing Balance sheet & PnL for ITR Filing
    • 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
  19. Practical Session on ITR 6 Filing
    • Finalizing Balance sheet & PnL for ITR Filing
    • 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
  20. Account Finalization
    • Balance Sheet & PnL Preparation
    • Adjustment Entry
    • Projected Financials
  21. 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

  1. Intro to TDS
  2. Sec 192 TDS on Salary Computation
  3. Sec 194C TDS on Contract
  4. Sec 194D TDS on insurance commission
  5. Sec 194H TDS on commission and Brokerage
  6. Sec 194I TDS on Rent
  7. Sec 194J TDS on Professional & Technical Services
  8. Sec 194O TDS on E comm transactions
  9. Sec 194Q TDS on Purchase of Goods (by FA 2021)
  10. Sec 206AB Higher Rate of TDS from 1 July 2021
  11. Sec 206C(1H) TCS on Sales of Goods
  12. Sec 206C(1H) Practical FAQ
  13. Practical session on Form 24Q – Salary TDS Return
  14. Practical Session on Form 26Q – Other than Salary TDS Return
  15. Practical Session on Form 27EQ – TCS Return sale of Goods

SAMPLE CERTIFICATE

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What Will You Learn?

  • All Important Provisions updated by FA 2022
  • Heads of Income with detail explanation
  • Deductions
  • Advance Tax & Interest
  • Income Tax Planning
  • Learn Income Tax computation in Excel
  • Learn computation of all Heads
  • Slab rates for different assessee
  • Learn to File Income Tax Return 1 (SAHAJ)
  • Learn to File Income Tax Return 2
  • Learn to File Income Tax Return 3
  • Learn to File Income Tax Return 4 (SUGAM)
  • Learn to File ITR 5
  • Learn to File ITR 6
  • e payment of Income Tax
  • Relevant amendment by Finance Act 2021
  • TDS Provisions
  • TDS on Salary Calculation
  • TDS Calculation Normal
  • TDS Return Filing

About the instructor

Vivek Awasthi
Founder, FinTaxPro
Professionally I am a  Tax consultant having experience of more than 6 years field of taxation, handling GST &; Income Tax compliance along with giving online practical sessions and webinar to students and professionals. By our courses learner continue to learn & expanded their perspective & sharpened their skills in Taxation. I try to break down the complex provisions of GST & Income Tax in such a lucid manner that a learner could easily understand the theme and objective of law in practical manner. In the constantly changing field of Taxation & Finance, it is my mission to create complete online and tax friendly ecosystem for various stakeholders. I am very much passionate about TaxTech, FinTech & EduTech. “We can see future by introspecting our present”

Course Curriculum

Welcome Toolkit

  • Welcome Toolkit
    11:23

Introduction to Income Tax Act
Basic Introduction to Income Tax Act What is Assessment Year? Who is Assessee? Heads of Income under Income Tax Act,1961 Difference between Exemptions & Deductions Slab Rates (as amended by FA 2020) Sec 115 BAC for new slab rates for individuals Rebate under section 87A Surcharge & Education Cess Sec 139 – Return of Income How to Register on e filing portal Reset password of e filing portal

Residential Status

  • Residential Status & Scope of Income
    01:12:56

Income under the head Salary
Income under the head Salary

  • Salary Part 1
    01:49:12
  • Salary Part 2
    56:54
  • Salary Part 3
    01:57:08
  • Salary Part 4
    01:25:42
  • Salary Part 5
    01:06:23
  • Salary Part 6
    53:30

Income under the head House Property
Income under the head House Property

  • Income under the head House Property
    01:22:12

Income under the head PGBP

  • PGBP Part 1
    01:11:05
  • PGBP Part 2
    58:07
  • PGBP Part 3
    01:01:30
  • PGBP Part 4
    01:18:11
  • PGBP Part 5
    01:09:54
  • PGBP Part 6
    53:37

Income under the head Capital Gains

  • 01:16:35
  • Capital Gains Part 2
    01:12:43
  • Capital Gains Part 3
    01:10:48
  • Capital Gain Part 4
    01:01:03

Income under the head Other Sources

Set Off or Carry Forward of Losses
Set Off or Carry Forward of Losses

  • Set Off or Carry Forward of Losses
    01:17:19

Deductions

  • Deduction
    01:08:04

Advance Tax

  • Concept of Advance Tax
    47:44

Interest on Income Tax
Interest on Income Tax

  • Interest on Income Tax
    35:37

New Income Tax Portal

  • Overview of New Income Tax Portal
    16:09
  • How to Register on New efiling portal
    10:54
  • How to Reset Password on New Income Tax Portal
    09:51
  • Sec 139 – Return of Income
    17:21
  • Analysis of Form 26AS
    35:18
  • Overview of AIS
    38:14
  • 14:44
  • Updated AIS for FY 2021-22
    00:00

Income Tax Return 1 (SAHAJ)
Who Can File ITR 1 Documents Required for ITR 1 How to view 26AS Reconcile Form 26AS with Form 16 ITR 1 Filing – General Information Tab ITR 1 Filing – Computation of Income ITR 1 Filing- E Pay Tax Online Verification of ITR 1

  • ITR 1 Basics
    01:07:26
  • ITR 1 Filing
    43:41
  • ITR 1 for the AY 2022-23
    00:00

Income Tax Return 4 (SUGAM)
Understand concept of presumptive taxation as per Sec 44AD Understand who is eligible to file Income Tax Return 4 Learn to file ITR 4 with Live Demo of online filing

  • Basics of ITR 4
    34:49
  • Filing of ITR 4
    37:30
  • ITR 4 Filing for Online Seller
    38:21
  • ITR 4 for the AY 2022-23
    00:00

Income Tax Return 2
Eligibility to File ITR ITR 2 Excel Utility Overview for filing Income Tax Return ITR 2 Java Utility Overview for filing Income Tax Return ITR 2 Understand Schedules of Income Tax Return ITR 2 How to prefill data in Income Tax Return ITR 2 Live ITR filing & XML generating

  • Basics of ITR 2
    27:54
  • ITR 2 for Share Market for AY 2021-22
    02:08:32
  • ITR 2 for Share Market for AY 2022-23
    01:19:25

Income Tax Return 3
Eligibility for Income Tax Return 3 Understand Schedule of Income Tax Return 3 Filing of Income Tax Return 3

  • Overview of ITR 3 & Schedules
    01:09:05
  • ITR 3 Filing
    01:30:00
  • ITR 3 Filing Share Trading Income
    01:06:14
  • 24:04
  • ITR 3 Filing for FnO Loss
    01:17:15

Income Tax Return 5
In this session we will learn and understand about the ITR 5

  • Filing of ITR 5
    33:52

Restriction on Cash Transaction

  • Overview
    04:41
  • Cash Transactions treatment in Income Tax
    01:32
  • Sec 40A3 Disallowance of Cash Expense
    05:57
  • Allowable Cash Expenditure under Rule 6DD
    09:31
  • TDS on Cash Transactions Sec 194N
    04:58
  • High Value Transactions/ SFT Sec 285BA
    14:54

Balance sheet and Account Finalization
Balance sheet and Account Finalization

  • Balance sheet and Account Finalization
    40:40

Vodafone Case

  • Vodafone Case
    34:18

Intro to TDS & TCS

  • Introduction to TDS
    39:19

Sec 192 TDS on Salary

  • Sec 192 TDS on Salary Computation
    17:43

Sec 194C TDS on Contract

  • Sec 194C TDS on Contract
    30:30

Sec 194D & 194H TDS on Comm.

  • Sec 194D & 194H TDS on Commission
    17:43

Sec 194I TDS on Rent

  • Sec 194I TDS on Rent
    33:44

Sec 194J TDS on processional services

  • Sec 194J TDS on professional & technical services
    30:39

Sec 194O TDS on e commerce selling

  • Sec 194O TDS on Payment e-E Com operator to e-E Com Seller
    06:43

Sec 194Q TDS on Purchase of goods

  • Sec 194Q TDS on purchase of goods
    23:41

Sec 194R TDS on Perquisites

  • Sec 194R TDS on Benefits & Perquisites
    00:00

Sec 194S TDS on Crypto

  • Sec 194S TDS on Crypto & NFT
    00:00

Sec 206AB Higher rate of TDS

  • Sec 206AB Higher Rate of TDS from 1July 2021
    07:21

TDS Return Salary

  • Form 24Q Filing
    10:58

TDS Return other than salary

  • Form 26Q Filing
    11:55

TCS Return

  • Form 27EQ Filing
    49:04

TCS on Sales of goods

  • Sec 206C 1H TCS on sales of goods
    10:01
  • Sec 206C(1H) TCS on sales of goods Practical FAQ
    34:31

Course Completion certificate

  • How to download Course Completion Certificate
    04:49

Student Ratings & Reviews

5.0
Total 22 Ratings
5
2 Ratings
4
1 Rating
3
0 Rating
2
0 Rating
1
0 Rating
S
2 months ago
Quality of the video is too good and concept of income tax return is well explained. Zero to advance level of knowledge about ITR is given in this course. Facility of life time access is also there.Special thanks to vivek sir for giving me assignment for practice.
JG
9 months ago
Practical and real time experiences of all ITRs and TDS,TCS detailed explanation done in this course,done by Mr. Vivek Avasthi.Only,ITR 6 & ITR 7 topics not covered.Keep it up.
LS
9 months ago
Thank you sir. ITR have been explained in detail with practical example.The way of teaching excellent.Sir I am little bit disappointed you explained the TDS concept nicely but no practical entry explained in every section of TDS. Again thanks sir for informative videos.
RT
1 year ago
Nice
SS
1 year ago
Such A nice & informative session, and you\'re explain method is very simple to understood section wise points thank you sir being provide this course
TARUN GOSWAMI
1 year ago
SUPER SIRJI BEAUTIFUL TEACHING THANKS A LOTnSIRJInALWAYS DECENTnSUPERB NICE SIRJI BRILLEANT TEACHING
AG
1 year ago
Thanks sir .very helpful course
Abhay Singh
1 year ago
Course is really comprehensive and detail along with computation and practical sessions. Loved the way of teaching
NT
1 year ago
Explained upto the mark, no criss cross talks and diversion.. i would strongly recommend
NT
1 year ago
Thank you for your valuable course. I received my course certificate on my email.
Atikur Rahman
1 year ago
course is nice... but sir, course completion ka certificate nahi mila hai
SA
2 years ago
Explained very nicely Sir
PK
2 years ago
such a valuable course.
MS
2 years ago
well explained vivek sir.
SB
2 years ago
Very good course
CS
2 years ago
ITR have been explained in detail with practical examples. Keep it up the great work
AD
2 years ago
very well explained sir.
PD
2 years ago
AMZING IT WILL REALYY HELPFUL AND GREAT AND MOST IMPORTANT UPTO DATE INFORMATION
CM
2 years ago
It was really a nice experience to learn with Vivek. He explained income tax return in a very lucid manner.
PS
2 years ago
Course is very comprehensive & detailed. Love the way he explained. ITR 1,2,3 & 4 are explained in detailed.
P
2 years ago
SUCH A NICE SESSION. NOW I HAVE NO DOUT ABOUT INCOME TAX FILLING PROCESS. NICE METHOD TO UNDERSTANDING AND REFERENCE BOOK ALSO GOOD
MD
2 years ago
thank you sir. I received my certificate on my email address.

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