Workshop on |
Income Tax Management |
| Held on : 12 June - 13 July 2012 |
| Venue : Bdjobs Training, BDBL Building (Level 19), 12 Kawran Bazar C/A, Dhaka 1215. |
| No. of Participants : 25 |
| No photos found |
Course Description |
| Day: 01
- Introduction - Basic concepts of Public Finance - Definition and classification of tax - Canons of Taxation - Objective of taxation - Historical background of Income Tax in Bangladesh - Important Terms as defined in the income Tax Ordinance, 1984 Day: 02 - Assessee: Classification and Residential Status - TIN - Income tax Authority/ Tax Administration - Charge of Income tax, Additional tax, Excess Profit Tax, Premium Tax, Surcharge - Minimum Tax - Total income: Scope and Computation - Income deemed to accrue or arise in Bangladesh (s-18) - Unexplained investments, etc, deemed to be income:S-19(1) to 19(24) Day: 03 - Computation of taxable income from Salaries - Provident Funds - Computation of taxable income from Interest on Securities - Computation of taxable income from House Property - Computation of taxable income from agriculture - Computation of taxable income from Business or Profession - Computation of taxable income from Capital Gain - Computation of taxable income from Income from other sources Day: 04 - Set off loses & carry forward of losses - Exemptions & allowances including tax holiday - Exemptions of co-operative societies Day: 05 - Advance Income Tax (AIT) and Tax Deductions at Source (TDS) - The consequences of AIT & TDS - Consequences of non-payment of AIT and non-deduction of tax at source Day: 06 - Income Tax Return - Withholding Tax Return - Return under section 108 of the ITO, 1984 - Notices as per the ITO, 1984 - Assessment: Section-81 to Section-94 Day: 07 - Assessment of Individual Assessee - Assessment of a salaried person (Govt.) - Assessment of a salaried person (Non-Govt.) - Assessment of Firm - Assessment of Company Day: 08 - Tax Audit: Desk Audit and Field Audit - How to face Audit of NBR - How to face Central Intelligent Cell Officials? - How to face tax Inspection Directorate Officials? - What is orthodox inspection? - AG Audit Day: 09 - Appeal, Tribunal & References - Revision - ADR - Recovery of tax: Section-134 to Section-143 - Refunds: Section-146 to Section-152 - Penalties & Prosecutions - Protection of information - Avoidance of double taxation agreements - Exclusions from total income (6th schedule part-A) - Tax rebate (6th schedule part B) - CSR activities for corporate tax rebate. - Important Provisions of the Schedules of the ITO, 1984 Day: 10 - A real world case study. - Questions & answers |
Resource Person |
| Md. Abdul Latif Mr. Md. Abdul Latif, additional commissioner of taxes, National Board of Revenue, has more than eighteen years of extensive experience in the are of taxation both in the field level and national policy making level. Currently he is working in the inspecting range-01, Taxes zone-13, as an inspecting additional commissioner of taxes and supervises assesment of taxes. Before that Mr Latif was first secretary (income tax plicy) in the National Board of Revenue (NBR) and assisted to formulate tax policy for the nation. Mr. Latif was the Joint Director General of Central Intelligent Cell (CIC) in the National Board of Revenue (NBR) and specially trained by IRS and FBI , USA for detecting financial fraud. He also worked as a deputy secretary (legal) in the Truth and Reconciliation Commission. Mr. Latif is recognized as an expert in Avoidance of Double Taxation negotiations and represents Bangladesh on Avoidance of double taxation negotiation with UAE and Kuwait. Mr. Latif is a BUET graduate, having post graduation from Australia in professional Accounting, is always very enthusiastic to spread his knowledge and experience with the general people of the country. As a result this multi-talented personality has become one of the most veteran training professionals in Bangladesh in the field of taxation. He has conducted a number of training programs in BCS Taxation Academy , Bangladesh Public Administration Training Center (BPATC), Savar and many other leading training institutions. He is also an Assistant Professor (part time) of the Brac University and teaches fiscal law. He received several overseas training on direct tax in USA , Australia , Malaysia , Indonesia , Thailand and India . |