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Income Tax Filing Course: Practical ITR Filing & Tax Compliance

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About Course

This practical Income Tax Filing Course is designed to provide learners with a clear understanding of income tax concepts, tax computation, and the complete process of filing Income Tax Returns (ITR).

The course focuses on practical tax filing procedures, including income classification, deductions, tax computation, selection of the appropriate ITR form, preparation of required information, online ITR filing, verification, and handling common tax-related situations.

Participants will gain hands-on knowledge to confidently prepare and file income tax returns while understanding the key compliance requirements applicable to individual taxpayers.

What Will You Learn?

  • Understand the fundamentals of income tax and ITR filing
  • Identify different heads of income
  • Understand applicable deductions and exemptions
  • Calculate taxable income and tax liability
  • Select the appropriate ITR form
  • Prepare information required for ITR filing
  • File an Income Tax Return online step by step
  • Reconcile TDS and other tax-related information

Course Content

Introduction to Income Tax
Basics of income tax in India Financial year and assessment year Residential status Taxable income and total income Tax slabs and applicable tax rates Old vs. new tax regime

Heads of Income
Income from Salary Income from House Property Profits and Gains from Business or Profession Capital Gains Income from Other Sources

Deductions & Tax Benefits
Common deductions under the Income Tax Act Investment and insurance-related deductions Medical and education-related deductions Home loan-related benefits Understanding exemptions and deductions

Tax Computation
Calculation of gross total income Calculation of taxable income Applying deductions and exemptions Tax liability computation TDS and advance tax adjustment Interest and applicable additional tax liabilities

Practical ITR Filing
Choosing the correct ITR form Required documents and information Step-by-step online ITR filing process Entering income and deduction details Reviewing tax computation Submitting and verifying the return

Practical Cases & Compliance
Multiple income sources House property income Capital gains Bank interest and other income TDS reconciliation Common filing errors and how to avoid them ITR acknowledgement and verification Basic understanding of notices and tax compliance