Company Tax Calculation and Return Preparation

COURSE DESCRIPTION

Company tax preparation is the most important part for business organization which start after receiving the audited financial statements from statutory auditor. In this tax training course, we have discussed step by step taxable income calculation and tax liability calculation by using a sample financial statements. After completing the calculation of taxable income and tax liability, we have discussed the tax return form in excel soft copy.

We have divided this company tax preparation course in two parts. In first part, we discussed the company tax calculation from financial statements. In second part, we have shown you how to fill up company tax return form in excel sheet. And finally, we submit company tax return to the tax circle within due date.

Company tax calculation involves allowable expenses and disallowable expenses under income tax law. Considering the admissible expenses and inadmissible expenses, company find out the taxable income on which company calculate corporate tax. During taxable income calculation, separate items considerations are also the most important part. All the above issues we have discussed in details step by step in this online tax training course.

During corporate tax calculation, minimum tax under section 82C and section 30B treatment of disallowances are the most complex tax issues which are discussed in this course. The most benefit of this business tax course is that you will get unlimited access to watch for a particular period. So, please watch the course whenever you will get time and it will help you to learn the company tax calculation and return preparation.

RESOURCES

Main attraction of this course is that you will get the soft excel copy of company tax calculation and company tax return form which will help you to calculate your company tax and to prepare the tax return! A sample financial statements also provided based on which company tax preparation has been discussed in this corporate tax course online.

LEARNING OUTCOMES

• 03 Important definitions must know to calculate corporate tax
• Fully income from business consideration
• Partly income from business consideration
• Un-explained investment/deemed to be income included with business income
• Allowable deductions or admissible expenses
• Inadmissible expenses
• Method of accounting for business
• Income in certain cases
• Set off and carry forward
• Separate items considerations
• Taxable income and tax liability calculation with practical example from financial statements
• Return preparation in excel format