BACHELOR OF COMMERCE (HONS.) TAXATION

Overview

• Financial Reporting Framework
• Accounting
• Accounting Information Systems
• Income Tax Practices
• Internal Audit

Objectives

• To develop taxation efficiency and managerial thinking of students
• To develop decision making capabilities of students in professional as well as personal lives.
• To improve employability thorough practical exposure

Program Outcomes

• To develop students holistically and make them Tax responsible citizens
• Transform skills of students to fit corporate houses, businesses, public institutions, etc.
• Give a boost for pursuing further professional degrees in the domain.

1. Programme Educational Objectives (PEOs)

• PEO 1: To develop a comprehensive understanding of taxation principles, laws, and practices. They will be equipped to handle complex tax-related issues, ensuring accurate tax planning, compliance, and advisory services.
• PEO 2: To exhibit professional competence in various taxation roles, adhering to ethical standards and regulatory requirements. They will demonstrate integrity and responsibility in managing tax-related matters, ensuring compliance and transparency.
• PEO 3: To possess strong analytical and problem-solving skills, enabling them to interpret and apply tax laws effectively. They will be able to analyze financial data, identify tax implications, and provide strategic tax solutions to individuals and businesses.
• PEO 4: To gain a global perspective on taxation and its impact on international business operations. They will be prepared to navigate and adapt to the evolving global tax landscape, understanding cross-border tax issues and international tax regulations.

2. Program Outcomes (POs)

• PO 1: To demonstrate a comprehensive understanding of tax laws, regulations, and principles governing various types of taxes, including income tax, corporate tax, sales tax, and international taxation.
• PO 2: To develop expertise in tax planning strategies for individuals, businesses, and organizations, aiming to minimize tax liabilities while ensuring compliance with legal requirements.
• PO 3: To apply knowledge of tax laws and regulations to accurately prepare tax returns, maintain compliance with filing deadlines, and fulfill reporting requirements for individuals and entities.
• PO 4: To analyze the tax implications of business decisions, investment strategies, mergers, acquisitions, and other financial transactions, providing advice to optimize tax outcomes and mitigate risks.
• PO 5: To understand the complexities of international taxation, including transfer pricing, double taxation treaties, and cross-border transactions, to address tax implications in a global business environment.
• PO 6: To uphold ethical standards in tax practice, recognizing the importance of integrity, transparency, and honesty in dealing with tax authorities, clients, and stakeholders.
• PO 7: To conduct tax research using relevant sources, including tax codes, case law, and regulatory guidance, to address complex tax issues and provide informed recommendations.
• PO 8: To utilize tax preparation software and digital tools effectively to streamline tax compliance processes, facilitate accurate calculations, and enhance efficiency in tax practice.
• PO 9: To communicate effectively with clients, tax authorities, and other stakeholders, advocating for their interests while providing clear explanations of tax strategies, implications, and compliance requirements.
• PO 10: To identify and assess tax-related risks, such as audits, penalties, and disputes, developing strategies to mitigate risks and resolve tax controversies effectively.
• PO 11: To engage in continuous professional development to stay updated on changes in tax laws, regulations, and industry best practices, ensuring relevance and competency in tax practice.
• PO 12: To develop an entrepreneurial mindset to identify opportunities for tax planning, compliance services, and tax advisory roles, contributing to the growth and success of businesses and individuals.

3. Programme Specific Outcomes (PSOs)

• PSO 1: To develop expertise in tax planning strategies for individuals and businesses, ensuring compliance with relevant tax laws and regulations while minimizing tax liabilities through legitimate means.
• PSO 2: To analyze the implications of tax laws and regulations on business decisions, investments, and financial transactions, providing insightful recommendations to optimize tax outcomes and mitigate risks.
• PSO 3: To gain proficiency in using tax preparation software, financial modeling tools, and databases to accurately calculate taxes, prepare tax returns, and conduct tax research efficiently.

The detailed course structure of the course can be downloaded from the following link:

The course is designed keeping in view the UGC-CBCS scheme and National Association of Tax Practitioners.

Pedagogy

SBU has a firm belief in providing/rendering holistic education to develop competitive skills and knowledge of the students. At SBU, the future managers are shaped and groomed through continuous innovative activities. The aim is a 360-degree development of students through continuous industry interaction and practical exposure such as:

• Class-Room Lectures
• Case Studies/ Legal Cases/Discussions
• Guest Lectures
• Seminars and Workshops
• Projects and Assignments
• Role Play and Simulation

Eligibility Criteria

10+2 with 45% marks in aggregate or its equivalent examination in any stream conducted by a recognized Board /University/Council. (05% relaxation in marks in case of candidates belonging to ST/SC category).

Admission Process

Aspirants can apply online at https://admission.sbu.ac.in/?utm_source=Website&utm_medium=Homepage&utm_campaign=ApplyNowTab. They may also download the application form from the website of the University and may submit along with the relevant documents to the Information Centre of the University. They may also walk down to the University campus along with relevant documents to the Information centre for counselling and further admission process.

Applicants may submit the application form and required documents at the Admission Office personally or by post. It is the applicant's responsibility to ensure that the application form is complete in all respects, and is accompanied by the required documents. Applicants should attach copies of the following Certificates/Documents.

Applicants should attach the copies of the following Certificates/Documents.

• Passing / Provisional Certificates along with Mark Sheets of the qualifying Examinations
• School/College Leaving Certificate last attended 
• Conduct Certificate 
• Anti-Ragging Affidavit 
• Medical Fitness Certificate issues by a registered medical practitioner / government health centre

Note: Students awaiting their declaration of result can also apply and can also be considered for Admission. However, they have to submit the relevant supportive documents at the time of admission

Students who complete the B.COM Taxation (Hons.) degree course have the opportunity to enter the workforce in many different career paths. They can become Tax accountants, Government accountants, Auditors and Investment Accountants.