Bachelor of Commerce is an under graduate course which is of three years duration. This course helps the students to gain skills in economics, accounting and finance. There are different types of tax such as Value added tax, Property tax, Income tax, Service tax etc. The students those who pursue this course usually get exposed to the details of the indirect taxes like wealth tax, customs tax and central excise tax. After successful completion of this course, the students can find employment in marketing services, accounting and financial institutions.

Advantages or benefits of Bachelor of Commerce in Tax Procedure and Practice

The course in tax procedure and practice enhances the candidate’s proficiency in finance, accounting and taxation. After completing this course the candidates can opt for courses like MBA or M.Com in order to improve the career prospects, candidates can pursue courses such as CS, CA, ICWA etc. The bachelor degree course in tax procedure enables the candidate to reach an excellent profile in the banking sector.

Eligibility required for Bachelor of Commerce in Tax Procedure and Practice

The students those who have completed the 12th grade examination are eligible to apply for the course of Commerce in Tax procedure and practice. This course seems to be easy for those candidates those who have completed their intermediate course in Commerce.

A minimum of 45 % marks in the qualifying examination is a must to seek admission to the same. The admission to this course is offered on the basis of the marks that have obtained for the qualifying exam.

Admission Procedure of Bachelor of Commerce in Tax Procedure and Practice

The details regarding the admission will be published on the website of the constituent colleges after the notifications have been made. Thus the students can collect the details regarding the number of seats as well as the counseling procedures from the websites of the corresponding colleges. Candidates can apply for this course through either modes that is through online or offline.  In both methods, the candidate should pay a specific amount of application fee.

Higher studies after Bachelor of Commerce in Tax Procedure and Practice

After completing this course the candidates can opt for courses like MBA or M.Com in order to improve the career prospects, candidates can pursue courses such as CS, CA, ICWA etc. The bachelor degree course in tax procedure enables the candidate to reach an excellent profile in the banking sector.

Colleges offering Bachelor of Commerce in Tax Procedure and Practice

• Al - Ameen College, Edathala, Aluva, Ernakulam, Kerala
• Annie Besent College, 48-49, Precanco Colony Annapurna Road, Indore, Madhya Pradesh
• Budge Budge College, Deshbandhu Chittarajan Road, Budge Budge Kolkata, West Bengal
• Canara College, Mahatma Gandhi Road, Mangalore, Karnataka
• Dr. Jyothirmayi Degree College, Adoni, Kurnool, Andhra Pradesh
• East Calcutta Girls College, Lake Town, Link Road, Kolkata, West Bengal
• Government Degree College for Women, Karimnagar, Andhra Pradesh
• Ilahia College of Arts and Science, Pezhakkappilly P.O. Muvattupuzha, Kochi, Kerala
• K.M.M. College of Arts and Science, (Near Model College Pipe Line Junction) Thrikkakara, Kochi, Kerala
• Kakatiya University, Vidyaranyapuri, Warangal, Andhra Pradesh
• Nalanda Degree College, Labbipet, Vijayawada, Andhra Pradesh
• Pavanatma College, Idukki, Kerala
• Pavitra Degree College, 22/109, Ramanaidupet, Machilipatnam, Krishna, Andhra Pradesh
• S.N.S. College, Shakti Nagar Maa Jalpa Marg, Madhya Pradesh
• Siena College of Education, Kochi, Kerala
• Sri Krishnadevaraya University, Anantapurai, Andhra Pradesh
• St. Aloysius College, Alappuzha, Kerala
• SW. Peter’s College, Kolenchery, Ernakulam, Kerala
• The Cochin College, Kochi, Kerala
• Wesley Degree College, Secunderabad, Andhra Pradesh
• Yeldo Mar Baselios College, Kothamangalam, Ernakulam, Kerala

Course Curriculum of Bachelor of Commerce in Tax Procedure and Practice

First Year

Semester I:

• Hindi
• English Language and Indian Culture
• Development of Entrepreneurship
• Fundamental Principles of Accounting
• Business Mathematics
• Indian Contract Act and Sale of Goods Act
• Business Organisation
• Micro Economics
• Business Environment

Semester II:

• Hindi
• English Language and Indian Culture
• Development of Entrepreneurship
• Financial Accounting
• Partnership Accounting
• Business Regulatory Framework
• Business Communication
• Micro Economics
• Business Environment
• Second Year

Second Year

Semester III:

• Hindi
• English Language and Scientific Tamper
• Environmental Studies
• Elements of Company Accounts
• Theory & Practice of Cost
• Indian Company Act
• Principal of Statistics
• Income Tax Procedure & Practice
• Wealth Tax

Semester IV:

• Hindi
• English Language and Scientific Tamper
• Environmental Studies
• Advance Corporate Accounts
• Advance Cost Accounts
• Principles of Management
• Advance Statistics
• Income Tax Procedure & Practice
• Service Tax

Third Year

Semester V:

• Hindi
• English Language and Scientific Tamper
• Basic Computer & Information Technology
• Income Tax
• Indirect Tax

Semester VI

• Management Accounting
• Auditing
• Central Excise Tax Procedure & Practice
• Customs & Central Excise Tax Procedure & Practice
• Job Training

Text books on Bachelor of Commerce in Tax Procedure and Practice

• Advanced Accounting - Grewal and Gupta
• Advanced Accounting - Radhaswamy and R.L. Gupta
• Advanced Accounting - S.Kr. Paul
• Financial Accounting – R.Narayanaswamy
• Statistics – Nabendu pal
• Financial Accounting - T.S. Reddy & A. Murthy
• Principles of Accountancy – Jenitra L.Merwin
• Marketing – J.Jayasankar – Margham
• Principles of Management – J, Jayasankar – Margham
• Banking theory, Law and Practice – B. Santhanam – Margham
• Banking Law and Practice – KP Kandaswamy – S.Chand
• Statistics – R.S.N.Pillai and V.Bagavathi
• Business Communication – Asha Kaul
• Business Communication – Sathya Swaroop Debasish
• Business Law – D.Chandra bose
• Banking and Insurance – Jyotsna sethi
• Economic Environment of Business – Veena Keshav Pailwar
• Company Law & Secretarial Practice – Dr.MR Srinivasan
• Business Communication – NS Raghunathan – Margham
• Management Accounting – Dalston L.Cecil & Jenitra L.Merwin
• Management Accounting – NM Singhvi
• Labour and Industrial Law s – PK Padhi
• Human Resource Management – Biswajeet pattanayak
• Services Marketing – R.Srinivasan
• E-Commerce – PT .Joseph, S.J
• Computer Basics and C Programming – V.Rajaraman
• Digital Electronics – Dr.K.Meena
• Core Banking Solution – M.Revathy Sriram
• Management Information Systems – S. Sadagopan
• Auditing – Ravinder Kumar
• Insurance – Nalina Prava Tripathy
• Banking and Insurance – Jyotsna sethi
• Financial Services – Nalina Prava Tripathy
• Tally – P. Palanivel – Margham
• Elements of Insurance – A. Murthy – Margham

Jobs and Career after Bachelor of Commerce in Tax Procedure and Practice

Some of the job profiles that suits the candidates those who have completed their graduation in Commerce Tax Procedure and Practice are Accounts assistant, Audit Assistant etc. They can also get in to the job profile of Tax Assistant in government or private firms. Income Tax Department of India, State Department of Excise & Taxation, etc are some of the government firms who are in need of these candidates. They can also search for jobs in governmental bodies like Customs and Central Board of Excise. The candidate should pass the examinations conducted by central or state government to get in to such firms. Some of the common job profiles and the employment areas are mentioned below.

Employment Areas

• Banks
• Budget Planning
• Business Consultancies
• Educational Institutes
• Foreign Trade
• Industrial Houses
• Inventory Control
• Investment Banking
• Marketing
• Merchant Banking
• Public Accounting Firms
• Working Capital Management
• Policy Planning
• Public Accounting Firms
• Treasury and Forex Department

Job Types

• Tax Assistants
• Auditors
• Actuaries
• Book Keepers
• Budget Analysts
• Business Consultants
• Certified Public Accountant
• Chartered Management Accountant
• Chief Financial Officer
• Cost Estimators
• Entrepreneurship/Own Business
• Finance Managers
• Financial Analyst
• Human Resource Managers
• Investment Analysts
• Marketing Managers
• Personal Financial Advisor
• Stock Brokers
• Teacher/lecturer

Remuneration after Bachelor of Commerce in Tax Procedure and Practice

The compensation package that is being offered to the candidates mainly depends on the type of the job profile and the good will of the organization. The freshers in this field can obtain a salary of Rs 8,000 to Rs 10,000 per month. Candidates those who have experience in the relevant field are capable of getting a salary between Rs. 12,000 to Rs. 25,000 per month.