CORPORATE TAX PLANNING

Paper Code: 
BCS 414
Credits: 
04
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

 

Course Objectives:

This course will enable the students to acquire expert knowledge regarding planning for saving tax.

 

Course Outcomes (COs):

 

 

Course

Course Outcomes

Learning and teaching strategies

Assessment

Strategies

Course Code

Course Title

BCS 414

Corporate Tax Planning

 

CO 157:Understand the concept of Corporate Tax Planning, Tax Avoidance, Tax Evasion and Tax Management.

CO 158:Integrate provisions of Income Tax act related to computation of Income under the head Business or Profession.   

CO 159:Analyzing the provisions in respect of Investment in notified Backward Areas.

CO 160:Examine the options available to a company in relation to own or Lease Decision, Make or Buy Decisions, Shut-down or Continue Decision.

CO 161:Assess the various options in reference to Amalgamation, Foreign Collaboration, demerger including Slump Sale.

CO 162:Contribute effectively in course – specific interaction.

Approach in teaching:
Interactive Lectures, Discussion, Tutorials, Reading assignments, Interactive White Board, Incorporating technology in teaching
 

Learning activities for the students:
Self learning assignments, Effective questions

Class test, Semester end examinations, Quiz,  Assignments, Class interaction, Presentation, Case study analysis, Open ended questions, think-pair-share, Socratic seminar

12.00
Unit I: 

Corporate Tax Planning: An Introduction, Concepts & Objectives, Types of Tax Planning, Corporate Tax Planning, Tax Avoidance, Tax Evasion, Tax Management.

 

12.00
Unit II: 

Tax Planning and Nature of Business, Deductions in respect of Investment in Specified Business, Deduction in respect of profits and Gains of enterprise engaged in Specified Business, Tax incentives for start-ups, Tax Incentives to Exporters.

 

12.00
Unit III: 

Tax Planning and Location of Business: Tax Provisions in respect of Free Trade Zone / Special Economic Zone, Tax Provisions in respect of Infrastructure Development, Tax Provisions in respect of Investment in notified Backward Areas

 

12.00
Unit IV: 

Tax Planning and Managerial Decisions: Tax Planning with respect to own or Lease Decision, Make or Buy Decisions, Shut-down or Continue Decision, Sale of Assets used for Scientific Research, Capital Structure & Dividend Policy, Inter-Corporate Dividends and Bonus Shares

 

12.00
Unit V: 

Tax Planning and Business Restructuring: Amalgamation, Foreign Collaboration, Demerger including Slump Sale.

 

SUGGESTED TEXT BOOKS:

Study Material Published by ICSI

 

Essential Readings: 

Essential Readings:

Study Material Published by ICSI

 

Suggested Readings:

Scanner-ArunKumar(ShuchitaPrakashans(P) Ltd)

 

References: 

E- Content:

https://www.icsi.edu/media/webmodules/ICSI%20New%20Syllabus%202022.pdf

https://www.icsi.edu/e-journals/

 

Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless

 

Academic Year: 
2023-2024
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