Description
Course Name: Diploma in Basic Of Income Tax
Course Id: DBIT/Q0001.
Eligibility: 12th Grade (higher Secondary) or Equivalent.
Objective: A Diploma in Basics of Income Tax is a short-term professional course designed to provide students with a foundational understanding of income tax laws, filing procedures, and compliance in India. It equips learners with the knowledge and practical skills needed to work in tax-related roles or assist individuals and businesses with tax-related matters.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and exam fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
• A soft copy (scanned) of your certificate via email within 7 days of examination.
• A hard copy (original with official seal and signature) sent to your address within 45 day of declaration of result.
Step 9: After certification, you will be offered job opportunities aligned with your area of interest.
Online Examination Detail:
- Duration- 120 minutes.
- No. of Questions- 60. (Multiple Choice Questions).
- 10 Questions from each module, each carry 10 marks.
- Maximum Marks- 600, Passing Marks- 40%.
- There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus
Introduction to Income Tax: Definition and Concept of Income Tax, History and Evolution of Income Tax in India, Importance of Taxation in the Economy, Sources of Tax Laws and Regulations, Income Tax Act, 1961 – Overview, Basic Terminologies in Income Tax, Taxpayer Classification (Individual, HUF, Firm, Company), Tax Administration and Regulatory Bodies (CBDT, IT Department), Direct vs. Indirect Taxes, Role of Income Tax in Government Revenue.
Residential Status and Tax Liability: Concept of Residential Status, Determination of Residential Status for Individuals, Residential Status for Companies and Firms, Scope of Taxable Income Based on Residential Status, Incidence of Tax Based on Residential Status, Income Earned and Received in India vs. Abroad, Tax Implications for Non-Resident Indians (NRIs), Double Taxation Avoidance Agreements (DTAA), Tax Planning for Different Residential Statuses, Common Mistakes in Determining Residential Status.
Types of Income and Taxable Income: Classification of Income Under the Income Tax Act, Five Heads of Income (Salary, House Property, Business/Profession, Capital Gains, Other Sources), Concept of Gross Total Income (GTI), Exempted Incomes Under Section 10, Tax-Free Allowances and Benefits, Deductions from Gross Total Income, Taxable vs. Non-Taxable Income, Agricultural Income and Its Tax Treatment, Set-Off and Carry Forward of Losses, Calculation of Taxable Income.
Income Tax Computation and Slab Rates: Understanding Income Tax Slabs and Rates, Tax Computation for Individuals, Tax Computation for HUFs, Firms, and Companies, Rebate and Relief under Section 87A, Surcharge and Cess on Income Tax, Calculation of Taxable Income After Deductions, TDS (Tax Deducted at Source) and Advance Tax, Tax Rebate and Reliefs Available, Special Tax Rates for Different Incomes, Illustration and Case Study on Tax Computation.
Deductions and Exemptions Under Income Tax: Overview of Deductions Under Chapter VI-A, Section 80C (LIC, PPF, NSC, ELSS, etc.), Section 80D (Health Insurance Premiums), Section 80E (Education Loan Interest), Section 80G (Donations and Charity), Section 80TTA and 80TTB (Interest on Savings Account), Section 24(b) (Home Loan Interest), Section 54 (Capital Gains Exemptions), Understanding HRA and LTA Exemptions, Tax Saving Strategies Using Deductions.
Tax Filing and Return Process: Who Needs to File an Income Tax Return (ITR), Types of ITR Forms (ITR-1 to ITR-7), Steps to File Income Tax Returns Online, Due Dates and Deadlines for Filing Returns, Consequences of Late Filing and Non-Filing, Understanding Form 16 and Form 26AS, E-Filing and Verification of Income Tax Returns, Rectification and Revised Returns, Common Mistakes While Filing ITR, How to Avoid Income Tax Notices.
After successfully completing a Diploma in Basics of Income Tax, graduates gain foundational knowledge in tax laws, filing procedures, and compliance, which opens up several career opportunities. Here is a detailed overview of potential career options and their salary ranges in India:
1. Tax Consultant
- Role: Advising individuals and small businesses on tax planning, compliance, and filing income tax returns.
- Salary Range: ₹2.5 to ₹5 LPA (fresher level); experienced professionals can earn ₹6 to ₹10 LPA or more.
- Skills Required: Tax laws, financial analysis, communication skills.
2. Accounts Executive
- Role: Handling day-to-day financial records, preparing ledgers, and ensuring proper documentation for tax filing.
- Salary Range: ₹2 to ₹4 LPA (entry-level); can rise to ₹6 LPA with experience.
- Skills Required: Accounting, GST knowledge, income tax basics, TDS filing.
3. Tax Associate in CA Firms
- Role: Assisting chartered accountants in preparing financial statements, tax audits, and compliance reports.
- Salary Range: ₹1.8 to ₹4 LPA for freshers; ₹5 to ₹8 LPA with 3–5 years of experience.
- Skills Required: Income tax rules, financial documentation, and analytical thinking.
4. Income Tax Return Preparer (ITRP)
- Role: Filing income tax returns for salaried individuals, freelancers, and small businesses.
- Salary Range: ₹1.8 to ₹3.5 LPA; can increase based on volume and clientele.
- Skills Required: Practical tax knowledge, IT return software proficiency, client management.
5. GST Practitioner
- Role: Assisting clients in GST registration, filing GST returns, and resolving GST-related queries.
- Salary Range: ₹2.5 to ₹6 LPA, depending on expertise and client base.
- Skills Required: GST laws, compliance procedures, and taxation software usage.
6. Finance & Tax Analyst
- Role: Analyzing financial data to ensure compliance with tax laws and optimizing tax liabilities for organizations.
- Salary Range: ₹3 to ₹7 LPA for entry-level; senior analysts can earn ₹8 to ₹12 LPA.
- Skills Required: Financial reporting, tax laws, and analytical skills.
7. Payroll Executive
- Role: Managing employee payroll, ensuring proper deduction of taxes (TDS), and handling compliance-related matters.
- Salary Range: ₹2.5 to ₹5 LPA.
- Skills Required: Payroll management, TDS, compliance.
8. Self-Employment as a Freelancer
- Role: Offering services such as tax return filing, small business tax advisory, and compliance audits.
- Earnings: Highly variable, ranging from ₹2 LPA to ₹10 LPA or more, depending on client base and services offered.
Additional Opportunities:
- Government Sector: Positions in the Income Tax Department (requires passing SSC CGL or UPSC exams).
- Corporate Tax Advisor: Salary ranges from ₹4 to ₹10 LPA.
- Taxation Trainer: Teaching income tax basics in institutions or through online platforms. Salaries range from ₹3 to ₹6 LPA.
Career Growth and Certifications
For enhanced career prospects, graduates can pursue additional certifications:
- Certified Public Accountant (CPA) or CA Intermediate for deeper tax expertise.
- GST Certification Courses for specialization.
- Advanced Diploma in Taxation and Accounting for managerial roles.
Salary Factors:
- Location: Salaries in metros like Mumbai, Delhi, and Bengaluru are generally higher.
- Experience: Entry-level roles offer modest pay, but expertise and a growing client base can substantially increase income.
- Specialization: Proficiency in GST, TDS, and corporate tax compliance commands higher remuneration.
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