Overview: The Tax Return Preparer Course (TRP) is a professional course aimed at individuals seeking to become certified tax return preparers in India. This course helps students gain specialized knowledge in tax laws, return filing, GST, and direct and indirect taxes. It is designed to meet the demand for skilled tax professionals who can assist individuals and businesses in complying with the tax regime in India.
Course Duration:
The course duration generally varies between 3 to 6 months, depending on the institution and the specific modules offered. However, some institutions offer this course on a part-time basis, allowing candidates to complete the program within one year.
Average Fees:
The average fees for the TRP course in India range between INR 5,000 to INR 20,000, depending on the institution and the course structure.
Exams to Attend:
Tax Return Preparer Certification Examination
GST Practitioner Examination (optional for candidates pursuing GST specialization)
Institutional Internal Assessments (for practical and theoretical knowledge evaluation)
Syllabus (Semester-wise Breakdown)
Since this is a short-term professional course, the syllabus is typically divided into three modules/semesters based on the duration of the course.
Module 1 (Fundamentals of Taxation)
Introduction to Indian Taxation System
Overview of Income Tax Laws
Tax Deducted at Source (TDS)
Filing of Income Tax Returns (ITR)
Direct and Indirect Taxes Overview
Introduction to Tax Laws and Accounting
GST Introduction and Overview
Module 2 (Tax Filing and Compliance)
Detailed Study on Income Tax Returns (Individual and Business)
Computation of Income under Different Heads
Taxation of Individuals, Firms, and Corporations
Taxation of Salaries, House Property, and Business Income
Deductions and Exemptions under Income Tax Laws
Filing of TDS Returns
Filing of GST Returns and Compliance Procedures
Module 3 (Practical Application and Advanced Topics)
Advanced Income Tax Planning and Filing Techniques
Tax Planning Strategies for Individuals and Businesses
Assessment Procedures under the Income Tax Act
Tax Audits and Scrutiny
Case Studies on Tax Filing
Use of Government Tax Return Filing Portals
Ethics and Professional Responsibility for Tax Return Preparers
Ten Most Ranking Institutions (Combined Ranking in India)
National Institute of Financial Markets (NIFM), Delhi
The Institute of Chartered Accountants of India (ICAI), New Delhi
National Academy of Customs, Indirect Taxes and Narcotics (NACIN), Faridabad
Tax4Wealth Academy, Bengaluru
Taxmann Academy, Mumbai
School of Excellence in Law, Chennai
Indian Institute of Taxation, Pune
Indian School of Business Management and Administration (ISBM), Mumbai
EduPristine, Hyderabad
Institute of Finance, Banking and Insurance (IFBI), New Delhi
Top 10 Institutions in Kerala
Cochin University of Science and Technology (CUSAT), Kochi
ICAI - Kochi Chapter
Tax Study Centre, Thiruvananthapuram
National Institute of Taxation Studies, Kozhikode
Kerala Institute of Taxation and Finance, Kollam
Institute of Professional Accountants, Thrissur
Sree Narayana Guru College of Advanced Studies, Palakkad
St. Teresa’s College, Kochi
A.J. Institute of Management, Kannur
Southern Institute of Taxation, Ernakulam