Run by Cost Accountant with more than 20+ years of business experience. Subjects are handled by faculty with immense experience in teaching.

Regular and weekend batches. Paperwise coaching is available.

Limited to 10 students per batch.

Courses would contain:

- Syllabus coverage through Classroom sessions

- Sessions for clearing doubts individually

- Online Classroom tests

- Revision of previous years Question papers

- Conducting mock exams to prepare for the ultimate exam at the end of course

- Support in the submission of required forms to Institute.

Papers covered:

INCOME TAX - I

INTRODUCTION TO INCOME TAX Brief History of Indian Income Tax - Legal Frame Work â?? Types of Taxes - Cannons of Taxation â?? Important Definitions: Assessment, Assessment Year, Previous Year (including Exceptions), Assessee, Person, Income, Casual Income, Gross Total Income, Agricultural Income (including Scheme of Partial Integration â?? Theory Only) â?? Scheme of taxation. Meaning and classification of Capital & Revenue. Income tax authorities: Powers & functions of CBDT, CIT & A.O.

EXEMPTED INCOMES Introduction â?? Exempted Incomes U/S 10 - Restricted to Individual Assessee.

RESIDENTIAL STATUS Residential Status of an Individual â??Determination of Residential Status â?? Incidence of Tax â?? Problems.

INCOME FROM SALARY Meaning â?? Definition - Basis of Chargeâ?? Advance Salary â?? Arrears of Salary â?? Allowances â?? Perquisitesâ?? Provident Fund - Profits in Lieu of Salary â?? Gratuity -Commutation of Pension - Encashment of Earned leave - Compensation for voluntary retirement - Deductions from Salary U/S 16 â?? Problems on Income from Salary.

INCOME FROM HOUSE PROPERTY Basis of Charge â?? Deemed Owners â?? Exempted Incomes from House Property â??Composite Rent - Annual Value â?? Determination of Annual Value â?? Treatment of Unrealized Rent â?? Loss due to Vacancy â?? Deductions from Annual Value â?? Problems on Income from House Property.

COSTING METHODS

INTRODUCTION TO COSTING METHODS Costing methods â?? Meaning, Importance and Categories.

JOB AND BATCH COSTING Job costing: Meaning, prerequisites, job costing procedures, Features, objectives, applications, advantages and disadvantages of Job requiring. Batch is costing: Meaning, advantages, disadvantages, determination of economic batch quantity. Comparison between Job and Batch Costing â?? problems.

 PROCESS COSTING Introduction, meaning and definition, Features of Process Costing, applications, the comparison between Job Costing and Process Costing, advantages and disadvantages, treatment of normal loss, abnormal loss and abnormal gain, rejects and rectification - Joint and by-products costing â?? problems under the reverse cost method.

CONTRACT COSTING Meaning, features of contract costing, Applications of contract costing, similarities and dissimilarities between job and contract costing, the procedure of contract costing, profit on incomplete agreements, Problems.

OPERATING COSTING Introduction, Meaning and application of Operating Costing, - Powerhouse costing or boiler house costing, canteen or hotel costing, hospital costing (Theory only) and Transport Costing â?? Problems on Transport costing.