Basics of Income Tax and TDS

This course provides a comprehensive understanding of the basic concepts of Income Tax, including the calculation of taxes and the important heads of income. It also covers the crucial topic of TDS (Tax Deducted at Source), with practical charts and guidance for navigating the official Income Tax website.

Duration and Timings: 2 hours daily for 5 days

Mode of Training: Zoom

Course Details:

1. Basic Definitions under Income Tax

    •  Person and Assessee

    •  Income, Financial Year, and Assessment Year

    •  Types of Income Tax

    •  Calculation of Income Tax

2. Heads of Income Tax

    •  Introduction to the 5 heads of income

3. TDS (Tax Deducted at Source)

    •  Detailed explanation and understanding of TDS

Bonus:

• TDS Rate Chart

• Income Tax Rate Chart

• Navigating through the Income Tax website