B.Com in Taxation

Course Overview:

B.Com in Taxation provides in-depth knowledge of taxation laws, principles, and practices, including direct and indirect taxes, tax planning, and accounting. The course is ideal for students aiming to pursue a career in taxation, auditing, finance, and accountancy.

Course Duration:

  • Duration: 3 years (6 semesters)

Syllabus:

Semester 1:

  1. Financial Accounting - I

    • Introduction to Accounting Standards

    • Preparation of Financial Statements

    • Depreciation Accounting

  2. Business Mathematics

    • Basic Concepts in Mathematics for Business

    • Percentages, Ratios, and Proportions

  3. Principles of Economics

    • Microeconomics: Demand and Supply, Market Structures

  4. Business Communication

    • Writing Business Correspondence

    • Effective Communication Skills

  5. Environmental Studies

    • Environmental Issues and Policies

Semester 2:

  1. Financial Accounting - II

    • Accounting for Branches and Departments

    • Partnership Accounts

  2. Business Statistics

    • Descriptive Statistics

    • Probability Theory and Distributions

  3. Direct Taxation - I

    • Introduction to Income Tax Law

    • Income under Salary, House Property, and Business

  4. Indian Financial System

    • Overview of Financial Markets and Institutions

  5. Computer Applications in Business

    • Basics of Computer Systems

    • Software Applications in Business

Semester 3:

  1. Corporate Accounting - I

    • Corporate Financial Statements

    • Amalgamation and Internal Reconstruction

  2. Indirect Taxation - I

    • Introduction to GST (Goods and Services Tax)

    • GST Registration and Returns

  3. Cost Accounting

    • Cost Concepts and Classifications

    • Material, Labor, and Overhead Costs

  4. Business Law

    • Indian Contract Act

    • Sale of Goods Act

  5. Fundamentals of Taxation

    • Introduction to Various Tax Laws in India

    • Structure of the Tax System

Semester 4:

  1. Corporate Accounting - II

    • Valuation of Shares and Debentures

    • Final Accounts of Companies

  2. Direct Taxation - II

    • Income Tax Computation

    • Taxation of Individuals, HUFs, and Companies

  3. Indirect Taxation - II

    • Input Tax Credit and Refunds

    • Customs Law and Practice

  4. Auditing

    • Basic Concepts of Auditing

    • Audit Planning and Control

  5. Management Accounting

    • Budgeting and Forecasting

    • Ratio and Variance Analysis

Semester 5:

  1. Financial Management

    • Capital Structure and Leverage

    • Working Capital Management

  2. Advanced Direct Taxation

    • Tax Planning and Tax Avoidance

    • Tax Management and Practices

  3. Business Environment

    • Economic Reforms and Policy Framework

    • Global Business Environment

  4. Research Methodology

    • Research Methods and Data Collection

    • Hypothesis Testing and Analysis

Semester 6:

  1. Advanced Financial Management

    • Risk Management and Financial Derivatives

    • Portfolio Management

  2. Advanced Indirect Taxation

    • Advanced Topics in GST and Customs

    • Taxation of International Trade

  3. Corporate Governance and Business Ethics

    • Governance Issues in Corporates

    • Business Ethics and Corporate Social Responsibility

  4. Entrepreneurship Development

    • Role of Taxation in Startups and Enterprises

    • Tax Incentives for Entrepreneurs

Average Fees:

  • INR 35,000 - 1,10,000 per year (varies based on institution)

Exams:

  • Common Entrance Exams:

    • DU JAT (Delhi University Joint Admission Test)

    • IPU CET (Indraprastha University Common Entrance Test)

    • NPAT (National Test for Programs After Twelfth)

    • BHU UET (Banaras Hindu University Undergraduate Entrance Test)

Top 10 Institutions in India:

  1. Shri Ram College of Commerce (SRCC), Delhi

  2. St. Xavier's College, Mumbai

  3. Loyola College, Chennai

  4. Christ University, Bangalore

  5. Narsee Monjee College of Commerce and Economics, Mumbai

  6. Hindu College, Delhi University

  7. Lady Shri Ram College for Women, Delhi

  8. Hansraj College, Delhi

  9. Symbiosis College of Arts and Commerce, Pune

  10. Madras Christian College, Chennai

Top 10 Institutions in Kerala:

  1. St. Joseph's College, Devagiri, Calicut

  2. Sacred Heart College, Kochi

  3. Maharaja's College, Ernakulam

  4. Mar Ivanios College, Thiruvananthapuram

  5. Christ College, Irinjalakuda

  6. Farook College, Calicut

  7. St. Teresa's College, Ernakulam

  8. Union Christian College, Aluva

  9. CMS College, Kottayam

  10. Government College, Thrissur