Course Duration :
1 Years
Average Salary :
-
Average Fees :
-
Job Demand:
Diploma in Taxation Law is a one year course and is provided by most of the colleges of India. Penalties, Deductions gross total income, Liability, Set off, carry forward of losses, Incidence, levy of Tax, Income, Tax Authorities, Sales Tax Authorities, Tribunal, Deduction, collection of Tax at Source, Registration, and other topics are covered in the Diploma in Taxation Law.
| Type of Degree | Diploma |
| Full Form of Degree | Diploma in Taxation Law |
| Duration of Course | 1 Year |
| Age Criteria | 18-23 years |
| Minimum Percentage required | 50% in 10+2 |
| Average Fees of course | 15000 to 100,000 per year |
| Average Salary | 5 lakh |
| Work Roles | Financial advisors, collector for taxes, manager for taxes, tax analysis |
The Diploma in Taxation is a one-year accounting and commerce curriculum that teaches the theory and practice of direct and indirect taxes, financial accounting, and auditing. Diploma in Taxation Law is a career-oriented programme that is available in both full-time and correspondence formats. Under the Commerce Faculty, the subject is offered in a number of government and private universities.
Applicants who have completed their 10+2 commerce can enrol in this course of Diploma in Taxation Law to gain abilities in the field of accounting. The minimum requirements for admission to this programme vary by institute
Students interested in pursuing the DTL programme must pass the 12th final year exams at any accredited university. Students must meet the admission examination cut-offs for the Institutes that offer the DTL course entrance exam.
Distance learning is only available at a few institutions and institutes. Diploma distance education of Diploma in Taxation Law also allows various modes of communication, which has resulted in a significant increase in distance education among students in recent years.
This course does not require an entrance exam. This course of Diploma in Taxation Law is open to candidates who have completed their bachelor's degree in the relevant field. This course requires a 10+2 diploma from a recognised university. While the majority of colleges have their own admissions exam, The DTL entrance examination focuses on the following four sections:
The Diploma in Taxation is a one-year programme. Check out the list of colleges that offer a Taxation Diploma.There are a few top colleges in different cities which offer the course of 1 year for diploma in taxation law:
| Law Colleges | Location |
| Bharati Vidyapeeth New Law College | Pune |
| D.E.S?s Shri Navalmal Firodia Law College | Pune |
| Bharati Vidyapeeth Deemed university | Pune |
| Sant Baba Bhag Singh University | Jalandhar |
| Symbiosis International University | Pune |
| Chhatrapati Shivaji maharaj University | Mumbai |
| Dr. D.Y . Patil Vidya Pratishthan Society?s | Pune |
| Abhinav Education Society?s Law College | Pune |
In India, the typical course fee for a DTL (Diploma in Taxation Law) is INR 15000 to 1 lakh for a year. Which differ from university to university depending on their norms.
| Law Colleges | Annual Fees in INR |
| Bharati Vidyapeeth New Law College,Pune | INR 10,500 |
| D.E.S?s Shri Navalmal Firodia Law College, Pune | NA |
| Bharati Vidyapeeth Deemed university, Pune | 10,000 |
| Sant Baba Bhag Singh University, Jalandhar | INR 19,750 |
| Symbiosis International University, Pune | INR 27,000 |
| Chhatrapati Shivaji maharaj University, Mumbai | INR 66,100 |
| Dr. D.Y . Patil Vidya Pratishthan Society?s, Pune | INR 10,000 |
| Abhinav Education Society?s Law College, Pune | INR 11,000 |
There are four papers in the Diploma in Taxation Law Syllabus. The main subjects of Diploma in Taxation Law are Income Tax Act 1961, Central Sales Tax act 1956 and MVAT Act 2002, Service Tax and Profession Tax Act 1975, and Central excise and customs laws.
| Paper I | Paper II |
| Assessee definition, Assessment year definition, Previous year definition, Income definition, definition of Person, Capital Assets and Agricultural Income, Capital.Revenue Receipts and Expenditure. | Appropriate State, Business, Dealer, Goods, Declared Goods, Place of Business, Sales Price, Turnover. |
| Scope of Total Income and Residential Status of Asseesees | Principles of Sales determining interstate sale and exports sale |
| Computation of Income which is taxable from House Property Profit & gain from business or profession Capital gains Income from sources | Sales in transit and branch transfer |
| Assessment of individual | Registration |
| Income of other persons included in Assessee's Total Income | Levy of Tax |
| Income Exempted from Tax. | Penalties |
| Deductions from gross total Income | Liability in special cases |
| Set off and carry forward of losses | Incidence and levy of Tax |
| Income Tax Authorities | Sales Tax Authorities and Tribunal |
| Deduction and collection of Tax at Source. | Registration |
| Refunds, appeals and Revision | Returns, Assessment etc. |
| Penalties and Prosecutions | Appeal, Prosecution etc. |
| Paper IIl | Paper IV |
| Service ? Meaning | Constitutional Validity |
| Incidence and Levy of Tax | Terms defined: Excisable Goods, Factory, Manufacture, Assessee, and Deemed Manufacture, |
| What is Registration under service credit, payment of service Tax, and Credit of Service Tax | Kind of Excise Duty |
| Declared Services | Classification of Excisable Goods |
| Negative list of Service | Cenvat Credit Rules, 2004 |
| Place of Provision of service Rules | Central Excise Rules, 2002 |
| Point of Taxation Rules | Valuation of Excisable Goods |
| Valuation of Service | Exemption based on value of clearance (SSI) |
| Exemptions | Penalties, offence and punishment |
| Certificate of Registration and Enrolment | Definitions: Goods, Indian customs waters, fund, customs area, Import manifest, export manifest, |
| Rate of Profession Tax | Type of Duties regarding customs - Prohibition on importation ,exportation of goods |
| Exemption from paying profession Tax | Levy, exemption from custom Duties - Clearances of Imported, exported goods - Tax Liability & valuation of goods. |
| Return | Custom Authorities and their powers - Warehousing, Drawback. - Baggage,and import or Export by post |
DTL assists students in gaining tax knowledge and skills, resulting in improved employability skills. If a student is interested, he or she can work as a consultant for accounting firms. A student with a Diploma in Taxation Law (DTL) can also open a tax consultancy or advisory firm. If a candidate wishes to work in a corporate finance or accounting department, the Diploma qualification gives them an advantage.
Depending on the talents and years of experience, a diploma in taxation law can lead to a variety of professional opportunities. They can pursue careers in accounting, revenue creation, assistant management, marketing, personal management, and so on. Students can apply for Diploma in Taxation Law programmes either in person or online by visiting the different universities' official websites. The following are the job openings after Diploma in Taxation Law :
Diploma in Taxation is primarily a career-enhancing degree, there are numerous senior or specialist employment prospects in the law, banking, accounting, and commerce fields.
| Job Role | Job Profile |
| Tax Consultant | A tax consultant assists individuals or businesses in paying their taxes. |
| Tax Policy Analyst | In order to develop, a tax policy analyst examines and develops tax policies. Tax Policy Analysts provide advice to government agencies on policy implementation. |
| Tax Collector | They operate as a collection agent for the local government or the state in order to collect taxes and public funds. |
| Tax Auditor | They examine the financial information and make adjustments to the amount of applicable deductions, taxable income, and nontaxable costs. |
| Revenue Agents | They make certain that the government receives tax revenue from citizens and corporations. |
| Tax Accountant | A tax accountant helps businesses and individuals with their tax returns and financial accounts. |
| Accounting Manager | Manages and supervises the accounting department's everyday operations. |
There are many Multinational companies which recruit the diploma holders of Taxation Law.The following are some of the most well-known recruiting firms:
| Accenture | Amazon | PWC |
| Deloitte | Bosch Ltd | Bata India |
| Ernst & Young | Feedback Infra Pvt | Decathlon |
| Axis Bank | Verizon | Wipro |
| Nestle | Parle Agro | IBM |
The student can go for further study in Law after completing a Diploma in Taxation Law. There are various courses related to the law and a diploma can be converted into a degree also.
The average annual salary for a Diploma in Taxation Law is INR 5 lakhs or more.There are differences in the salary range according to the various factors such as abilities, skills and experience after diploma.
| Job Role | Annual Salary in INR |
| Tax Consultant | Rs. 5,18,123 |
| Tax Policy Analyst | Rs. 4,40,000 |
| Tax Collector | - |
| Tax Auditor | Rs. 4,86,615 |
| Revenue Agents | Rs. 589,542 |
| Tax Accountant | Rs. 348,171 |
| Accounting Manager | Rs. 697,769 |
