Course Title: Corporate Tax Planning & Management

Credit Units: 03 (39 Sessions of 50 minutes each)

At a Glance:

Module 1: 9 sessions (Including one session for Group discussion on the topic- residential status & DTC)
Module 2: 12 sessions (Including one session for Mid-term test, two sessions for guest lecture)
Module 3: 7 sessions (Including two sessions for case study workshop)
Module 4: 3 sessions (Including one session for moot court proceeding)
Module 5: 8 sessions (Including two sessions for internal assessment based on tax assessment and filing)
Total: 39 sessions


SN Module Contents Activity & Mode of teaching Remarks
1 ONE General Framework of Direct Taxation in India. Class Room Teaching
2 Different direct tax laws and their inter-relationship in the scheme of taxation in
India
Class Room Teaching
3 Importance of Income Tax Act and Annual Finance Acts. Class Room Teaching
4 Overview of Direct Tax Code. Group Discussion & Class
Room Teaching
40% & 60%
5 Residential status of companies Group Discussion & Class
Room Teaching
60% & 40%
6 Tax liability and minimum alternate tax with special emphasis on SEZ Class Room Teaching
7 Tax planning for depreciation; carry forward and set off losses Class Room Teaching Case Study -1
8 Concept of Tax Planning: Meaning, Scope, Importance, Objectives of Tax Planning. Tax
Avoidance, Tax Evasion and Tax Planning.
Class Room Teaching
9 Tax Management. Difference between Tax Planning and Tax Management, Areas
of Tax Management
Class Room Teaching Case Study-2
10 TWO Tax planning with reference to setting up of a new business Class Room Teaching
11 Tax planning with reference to Location Aspect Class Room Teaching
Domain Elective- Accounting & Finance
12 Tax planning with reference to Nature of Business and Form of Organisation Guest Lecture
13 Tax planning with reference to financial management Decision Class Room Teaching Case Study-3A
14 Tax planning with reference to Capital structure Class Room Teaching Case Study-3B
15 Purchase of Assets out of own Funds or out of Borrowed Funds Class Room Teaching
16 Tax planning with reference to specific management decisions-Make or buy Class Room Teaching Case Study-4
17 Tax planning with reference to specific management decisions- own or lease;
section 43B
Class Room Teaching Case Study-5
18 Tax planning with reference to employees' remuneration & sale of scientific
research assets
Guest Lecture
19 Tax planning with reference to distribution of assets at the time of liquidation Class Room Teaching
20 Tax planning with reference to dividend including deemed dividend and bonus
shares
Class Room Teaching
21 MID TERM TEST Based on 50% Syllabus
22 THREE Concept of Transfer Pricing Class Room Teaching
23 Provisions regulating International and domestic transfer pricing- Theory Class Room Teaching
24 . Provisions regulating International and domestic transfer pricing- Applications Class Room Teaching Case Study-6
25 Computation of arms length transaction including disclosures for non arms length
transactions as per Companies Act 2013
Class Room Teaching
26 Advance Pricing Agreements: Concept & Calculations Work Shop Analysis of
Judgments
27 Advance Pricing Agreements: Latest Supreme Court Judgments based on APA Work Shop Analysis of
Judgments
28 Advance Pricing Agreements: Other related provisions under Companies Act 2013

Class Room Teaching
29 FOUR Tax provisions relating to Free Trade Zones, Class Room Teaching
30 Tax Incentives for Exporters. Special provisions relating to non-residents Moot Court Proceedings
31 Double Taxation Avoidance Agreement Class Room Teaching
32 FIVE Scheme of wealth tax; assets to be included in net wealth Class Room Teaching
33 Exempted assets & Valuation of assets Class Room Teaching Case Study-7
34 Wealth tax liability Class Room Teaching
35 Applicability and services covered; valuation of taxable services for service tax Class Room Teaching
36 Payment of service tax; registration; furnishing of return; maintenance of record Class Room Teaching
37 Basic concept of VAT; how VAT operates; merits& demerits of VAT Class Room Teaching Case Study-8
38 Tax assessment Internal Assessment Tax Calculation
39 Tax Return Filing Internal Assessment Return Filing



Assessment Scheme:
Midterm Test: 10 Marks
Case Study: 05 Marks
Project: 10 Marks
Attendance: 05 Marks
ETE : 70 Marks

Text & References:
Dr. GirishAhuja& Dr. Ravi Gupta Simplified Approach to Corporate Tax Planning & Management (Bharat Law House),
Singhania V K &Singhania Monica, Corporate tax planning and Business tax procedures, Taxmann publications

References
Singhania V K &Singhania Monica ,Systematic Approach to Income Tax and Central Sales Tax
GirishAhuja and Ravi Gupta Corporate Tax Planning & Management Bharat Law House 2014
E A srinivas, Corporate tax Planning, Tata Mc Graw Hill
John E. Karayan, Charles W. Swenson, and Joseph W. Neff, Strategic Corporate Tax Planning, Kindle Edition,
Kaushal Kumar Agrawal, Corporate Tax Planning, , Vol. 1,
Dr. B B Lal, Direct Taxes, Konark Publications
V.S Datey, Indirect taxes,Law and Practice, Taxmann Publications
V Balachandran, Indirect taxation, Sultan Chand
Rajeev Puri, Corporate Tax Planning and Management
R.N. Lakhotia, Corporate Tax Planning Handbook,
Ghosh, R.K. &Saha, S., Income Tax Rules, Taxman ND
Singhania V K, 2014, Direct Taxes Planning and Management, Taxmann.
Taxmann's statutory manual for chartered accountants, company secretaries, cost and works accountants, advocates. - New Delhi: Taxmann,
Ready RecknorTaxmann,