Diploma in Taxation Law (DTL) is a 1-year course that covers various income tax laws, service laws, and various concepts related to taxation. DTL course is a certificate program with extraordinarily capable data regarding the expense with its different perspectives. Candidates can also go for distance learning mode to pursue the DTL course.
DTL course is very helpful to have deep insights into the rules and regulations related to taxation. Candidates can be employed in both public organizations and private organizations. Some of the job roles students can start with are Financial Advisors, Tax collectors, Tax Managers, Tax Analysis, etc.
The Diploma in Taxation Law (DTL) course is a part of the law that is responsible to manage the expense growth on salary, individual property, actual property, and many more. In addition to this, DTL is also responsible for state charges, government expenses, and all the nearby assessments to the outside duties.
Diploma in Taxation Law (DTL) Highlights
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Degree |
Diploma |
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Full Form |
Diploma in Taxation Law |
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Duration |
Course Duration of Diploma in Taxation Law [DTL] is 1 Years. |
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Age |
18-23 years of age |
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Minimum Percentage |
50% in 10+2 from the recognized Board |
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Average Salary Offered |
INR 5 Lakhs per annum or above. |
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Employment Roles |
Financial advisors, tax collectors, tax managers, tax analysts, etc. |
Eligibility Criteria for Diploma in Taxation Law (DTL)
1. Canditedet must have passed 10+2 or an equivalent degree from a recognized institute/board.
2. The maximum age limit for seeking admission in the LLB course is 20 years for the general category & 22 years for the reserved category.
3. There are no specific age limit criteria that candidates need to fulfil in order to apply for course admissions.
4. The age required to be qualified in some of the universities and colleges to take admission in this integrated five-year program, on average, is not more than 20 years for the unreserved category.
Admission Process
1. Admission shall be made on merit on the basis of marks obtained in the qualifying examination and/or in the entrance examination or any other selection process as per the policy of the slate Government/ Administration and the University.
2. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
3. Finally, based on the overall performance in entrance exams and personal interviews, colleges offer admission to the selected candidates.
Career after Diploma in Taxation Law (DTL)
The tax law could be defined as the set of rules, regulations, and procedures related to the tax that a citizen owes the government. It could be the central government or state government. You are wrong if you think tax law jobs are only available in the public sector.
Job opportunities in the tax law field are spread in both the public and private sectors. While there are people who consider and comment on tax law to be a dying field, they are wrong. Most colleges conduct the placement drive after the completion of the course, it will become very easy for one to get placed well after the completion of the course.
Today, tax law is one of the thriving fields where new job opportunities have popped up. A career in this field is better, One just needs to get a better college which could better education. The number of job opportunities available is immense. The salary package of a candidate who has completed a Diploma in Tax law could be around INR 5-10 lakh per annum.
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Job Prospects |
Job Description |
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Tax Collector |
The role of a tax collector is to prepare reliable state and federal tax documents. They basically work for the government agencies to keep a check on that whether their client organizations or businesses pay taxes on time. Tax collectors are also referred to as Revenue officers. |
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Chief Financial Officer |
They are responsible for analyzing companies or organizations’ financial strengths and weaknesses and suggesting suitable corrective measures for the same. They act as the senior-most executive of the company in the finance department as they look after the company’s cash flows and financial planning. |
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Financial Advisors |
Financial Advisors are responsible for executing trades or making decisions on behalf of their clients. They prepare the strategies for the client’s efficient investment planning, tax maintenance, budgetary control and insurance policies. |
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Certified Public Accountant |
These people help in the audit of the financial statements and they also offer attestation devices too. They are the one, who informs investors about the financial well-being of an organization, in which their clients are planning to invest. |
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Tax Analyst |
Tax analysts basically help their clients in filing tax returns ensuring that they fall in line with the local, state and federal laws. They perform multiple tasks like preparing tax data, reviewing tax returns, performing tax research and maintaining records. |
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Accounts Executive |
Their role is to keep a check on day-to-day primary activities like maintaining business relationships with the client. An account executive is the main contact person between the vendor and the customer. |
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Lawyer |
A lawyer is a person who practices law and represents their clients in civil and criminal cases and defends them in court on the basis of their investigation and proof collected. |
Diploma in Taxation Law (DTL) Syllabus
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Definition (Sec.2) Assessee, Assessment year, Previous year, Income, Person, Capital Assets, Agricultural Income, Capital and Revenue Receipts & Expenditure. |
Definitions: Appropriate State, Business, Dealer, Goods, Declared Goods, Place of Business, Sales Price, Turnover. |
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Scope of Total Income & Residential Status of different Asseesees |
Principles of Sales determining interstate sale and exports sale |
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Computation of taxable Income under different heads of income Salaries Income from House Property Profit and gain from business or profession Capital gains Income from other sources |
Sales in transit and branch transfer |
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Assessment of individual |
Registration |
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Income of other persons included in Assessee's Total Income |
Levy of Tax |
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Income Exempted from Tax. |
Penalties |
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Deductions from gross total Income |
Liability in special cases |
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Set off and carry forward of losses |
Incidence and levy of Tax |
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Income Tax Authorities |
Sales Tax Authorities and Tribunal |
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Deduction and collection of Tax at Source. |
Registration |
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Refunds, appeals and Revision |
Returns, assessments etc. |
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Penalties and Prosecutions |
Appeal, Prosecution etc. |
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