B.Com Taxation:-

B.Com Taxation is an undergraduate course in commerce. The duration of the course is 3 years. The course study helps the candidate to gain skills in accounting, finance and economics with special emphasis on taxation. Diverse aspects on different types of tax such as Income tax, Value Added Tax or VAT, Service Tax, Property Tax, etc are covered under the course. The students are exposed to details of indirect taxes like customs and central excise tax, wealth tax, etc. Upon completion of the course, the students become capable to perform well in banking, financial institutions, in accounting, marketing services, and so on.

Advantages and Benefits of Bachelor of Commerce in Taxation:-

The course study equips the candidate to gain proficiency in the area of taxation, accounting and finance. They can go for higher education courses like MBA or M.Com upon completion of the course. Such courses can be pursued in their interested area of studies (specialization). They can also pursue courses like CA, CS, ICWA, etc to improve their career prospects. The bachelor degree in taxation is enough to get in to a good career in financial firms and also in banking sector.

Eligibility required for Bachelor of Commerce in Taxation:-

The candidates who have completed their XII class studies are eligible to apply to the course. The course seems much easy for students who have completed their intermediate studies in commerce (when compared to students of other disciplines). They should possess minimum 45 % marks in the qualifying examination to seek admission to the same. The admission to the course is offered on the basis of the marks of the qualifying exam.

Admission Procedure of Bachelor of Commerce in Taxation:-

The details on the admission will be published at the beginning of each academic year. One can collect details on the number of seats, admission procedure, etc from the web portal. The candidate can apply for the course either through the web portal or through postal method. In both methods, the candidate should pay a specific amount of application fee. Once the application form is filled, the same must be submitted before the closing date.

Course Curriculum of Bachelor of Commerce in Taxation:-

Semester-I

  • Indian Tax System
  • Income Tax Law Procedure
  • Fundamental Principles of Accounting
  • Business Mathematics
  • Indian Contract Act and Sale of Goods Act
  • Business Organization

Semester-II

  • Indian Tax System
  • Income Tax Law Procedure
  • Financial Accounting
  • Partnership Accounting
  • Business Regulatory Framework
  • Business Communications

Semester-III

  • Income Tax Procedure & Practices
  • Wealth Tax & Vat Procedure and Practices
  • Basics of Company Accounts
  • Theory and Practice of Cost
  • Indian Company Act
  • Principles of Statistics

Semester-IV

  • Income Tax Procedure & Practices
  • Wealth Tax & Vat Procedure and Practices
  • Advanced Corporate Accounts
  • Advance Cost Accounts
  • Principles of Management
  • Advance Statistics

Semester-V

  • Central Excise Procedure & Practice
  • Custom Procedure & Practice
  • Income Tax for Individuals
  • Accounting for Managers
  • Financial Management
  • Marketing Management

Semester-VI

  • Central Excise Procedure & Practice
  • Custom Procedure & Practice
  • Income Tax for Business
  • Indirect Tax
  • Auditing
  • Human Resource Management

Text Books on Bachelor of Commerce in Taxation

  • Advanced Accounting – Grewal and Gupta
  • Advanced Accounting – Radhaswamy and R.L. Gupta
  • Advanced Accounting – S.Kr. Paul
  • Financial Accounting – R.Narayanaswamy
  • Statistics – Nabendu pal
  • Financial Accounting – T.S. Reddy & A. Murthy
  • Principles of Accountancy – Jenitra L.Merwin
  • Marketing – J.Jayasankar – Margham
  • Principles of Management – J, Jayasankar – Margham
  • Banking theory, Law and Practice – B. Santhanam – Margham
  • Banking Law and Practice – KP Kandaswamy – S.Chand
  • Statistics – R.S.N.Pillai and V.Bagavathi
  • Business Communication – Asha Kaul
  • Business Communication – Sathya Swaroop Debasish
  • Business Law – D.Chandra bose
  • Banking and Insurance – Jyotsna sethi
  • Economic Environment of Business – Veena Keshav Pailwar
  • Company Law & Secretarial Practice – Dr.MR Srinivasan
  • Business Communication – NS Raghunathan – Margham
  • Management Accounting – Dalston L.Cecil & Jenitra L.Merwin
  • Management Accounting – NM Singhvi
  • Labour and Industrial Law s – PK Padhi
  • Human Resource Management – Biswajeet pattanayak
  • Services Marketing – R.Srinivasan
  • E-Commerce – PT .Joseph, S.J
  • Computer Basics and C Programming – V.Rajaraman
  • Digital Electronics – Dr.K.Meena
  • Core Banking Solution – M.Revathy Sriram
  • Management Information Systems – S. Sadagopan
  • Auditing – Ravinder Kumar
  • Insurance – Nalina Prava Tripathy
  • Banking and Insurance – Jyotsna sethi
  • Financial Services – Nalina Prava Tripathy
  • Tally – P. Palanivel – Margham
  • Elements of Insurance – A. Murthy – Margham

Job and Career after Bachelor of Commerce in Taxation:-

Finance Executive, Accounts Assistant, Audit Assistant, etc are some of the job profiles well suited for candidates who have completed their B.Com degree in taxation. They can also get in to the job profile of Tax Assistant in government or private firms. Income Tax Department of India, State Department of Excise & Taxation, etc are some of the governmental firms who are in need of these candidates. They can also search for jobs in governmental bodies like Central Board of Excise and Customs. The candidate should attend and pass the exams carried out by central or state government to get in to such firms. The common job profiles and the employment areas after the course are mentioned below.

Employment Areas:-

  • Banks
  • Budget Planning
  • Business Consultancies
  • Educational Institutes
  • Foreign Trade
  • Industrial Houses
  • Inventory Control
  • Investment Banking
  • Marketing
  • Merchant Banking
  • Public Accounting Firms
  • Working Capital Management
  • Policy Planning
  • Public Accounting Firms
  • Treasury and Forex Department

Job Types:-

  • Tax Assistants
  • Auditors
  • Actuaries
  • Book Keepers
  • Budget Analysts
  • Business Consultants
  • Certified Public Accountant
  • Chartered Management Accountant
  • Chief Financial Officer
  • Cost Estimators
  • Entrepreneurship/Own Business
  • Finance Managers
  • Financial Analyst
  • Human Resource Managers
  • Investment Analysts
  • Marketing Managers
  • Personal Financial Advisor
  • Stock Brokers
  • Teacher/lecturer