peaksphere_academy

Taxation Essentials: Income Tax & TDS Compliance

This course introduces the fundamentals of taxation, focusing on Income Tax and Tax Deducted at Source (TDS) compliance. It provides learners with practical knowledge of tax laws, filing requirements, and compliance procedures essential for individuals, businesses, and NGOs. Participants will gain the ability to compute tax liabilities, understand deductions, and ensure timely and accurate TDS compliance.

What You'll Learn

Basics of direct taxation and its importance
Key provisions of Income Tax (applicable slabs, exemptions, deductions)
Tax computation for individuals and organizations
Advance tax and self-assessment tax
Introduction to TDS: applicability, rates, and deduction process
TDS return filing and compliance requirements
Common tax forms and their usage (ITR, Form 16, 26AS, etc.)
Penalties, interest, and consequences of non-compliance
Practical guidance on e-filing and online compliance tools

Course Curriculum

Module 1
Introduction to Direct Taxes in India – Income Tax framework 2 hours
Understanding Income Tax Slabs & Exemptions 3 hours
Tax Computation for Individuals & Organizations 4 hours
Deductions & Rebates under Income Tax Act 5 hours
Advance Tax & Self-Assessment Tax 6 hours
Introduction to TDS – Concept, scope, and rates 7 hours
Module 2
TDS Deduction Process – When and how to deduct 2 hours
TDS Returns & Compliance – Filing procedures, due dates 3 hours
Important Tax Forms (ITR, Form 16, 26AS, etc.) 4 hours
Penalties & Non-Compliance Issues 5 hours
Hands-On: Using E-filing Portals & Online Tools 6 hours

Who Should Enroll

  • Students of commerce, accounting, and finance
  • Small business owners and entrepreneurs
  • NGO finance officers and compliance staff
  • Payroll and accounts executives
  • Professionals looking to strengthen taxation knowledge

Frequently Asked Questions

What are the prerequisites for this course?

Basic knowledge of Excel and fundamental accounting concepts is recommended. We provide introductory materials for those who need a refresher before the course begins.

Will I receive a certificate upon completion?

Yes, students who complete all coursework and projects will receive a Certified Financial Analyst certificate from Peaksphere Academy, recognized by our industry partners.

What Our Students Say

"Joining the Diploma in Corporate Finance gave me much more than classroom learning. The case-based approach helped me apply concepts to real business problems. During my MBA placements, I could confidently handle finance-related questions — and I credit this program for that edge"

Student
Priya Sharma

MBA Student, Delhi

"I had the basics of accounting from college, but I struggled in my first job. The Integrated Accounts Learning Program bridged that gap. With the practice sessions in Tally ERP and GST filing, I can now manage client accounts independently. My manager has already noticed the improvement."

Student
Ravi Kumar

Junior Accountant, Bengaluru