B.Com Taxation Syllabus: Semester Wise B.Com Taxation Subjects & Syllabus

The B.Com Taxation is a 3-year course that is offered as an undergraduate program. Students will learn about tax filing and bookkeeping, and supervision of monetary arrangements. The subjects taught in B.Com (Taxation) are basically Taxation related, Accountancy, and Finance. These entities have a major role in the financial sector.

The B.Com Taxation syllabus is a blend of theory and practical concepts based on the act of collection along with business, accounting, and the Indian taxation system. Some common subjects of B.Com Taxation are the Indian Taxation System, Financial Accounting, Business Organization, Income Tax Procedure, and more. The B.Com Tax curriculum is industry-oriented and introduces students to a wide range of business and tax concepts. So, the B.Com Taxation Job scope provides great job opportunities for students in the accounting and business sectors.

The course is an undergraduate program that provides students with a comprehensive understanding of the Indian tax system and its application in various industries. The course is designed to prepare students for careers in taxation, finance, and accounting, and it offers a wide range of highlights that make the course of B. Com Taxation popular. Below listed are some highlights of B.Com Taxation 

• The course covers all aspects of the Indian tax system, from income tax to corporate tax to indirect tax. This gives students a solid foundation in tax law and procedure, which is essential for a successful career in taxation.
• The B.Com Taxation course provides students with a competitive edge in the job market, as there is a high demand for qualified tax professionals.
• The course requires students to apply their knowledge of tax law and accounting to real-world problems. This helps students to develop skills such as critical thinking and problem-solving.
• The B.Com Taxation course provides students with the skills and knowledge necessary to pursue a career in a variety of fields, including tax consulting, tax auditing, financial planning, and corporate finance. This gives students flexibility and options when choosing a career path.

The B.Com Taxation program covers a range of subjects that include accounting, business organization, income tax procedures, and more. The course is further divided into core and elective subjects, which helps to gain better information and knowledge about taxation procedures..

B.Com Taxation Core Subjects

The B.Com Taxation Syllabus consists of core subjects that provide students with a broad and better understanding of the subject. Some of the core subjects of the B.Com Taxation program are listed below:

• Indian Tax System
• Financial Accounting
• Business Organization
• Income Tax Procedure and Practices
• Accounting for Managers

B.Com Taxation Elective Subjects 

During the course, students get the opportunity to choose electives based on their area of ??interest, which allows students to gain detailed knowledge about the subject they opt for. Below are the electives offered to students.

• Income Tax Law and Practice
• Goods and Service Tax (GST)
• Corporate Taxation
• International Taxation
• Taxation for Non- Profit Organisations (NGOs)
• Tax Audit and Investigations
• E-Commerce Taxation

B.Com Taxation course covers subjects from various domains such as income tax, capital gains tax, value-added tax, corporate tax, property tax, sales tax, GST, etc. A detailed view of all the subjects that are taught under B.Com Taxation is given below in the table.

Projects under B.Com Taxation offer students a real-time understanding of the work environment and problem-solving in businesses by enhancing students' skills and learning abilities. Some of the on-demand taxation projects that students are required to submit at the end of the sixth semester are listed below: 

• Report on Problems and Prospects of Tax Administration in India
• Write about the Role of Multinational Corporations in Tax Evasion and Avoidance in India
• The impact of corporate income tax on developing economies
• Developing report on Procedures, problems, and perspectives of personal income tax administration.

During the course, students refer to books that help them to gain additional knowledge, and enhance their knowledge and understanding about any particular topic or subject. Mentioned are the names of top books recommended for B.Com taxation.

• Principles of Taxation for Business & Investment Planning by Sally Jones & Shelley Rhoades
• Corporate Taxation by Cheryl D. Block
•  Federal Taxation- Basic Principles by James R. Hasselback and Ephraim P. Smith
• International Taxation by Richard 
• Federal Taxation- Basic Principles by Marvin Chirelstein and Lawrence Zelenak
• Fundamentals of Corporate Taxation by Stephen Schwartz and Daniel Lathrop