BCom Taxation: Syllabus, Job, Scope 2023

Q: Is accountancy a compulsory subject in 10+2 for B. com in taxation?

Yes, accountancy should be ones subject in 10+2 for B. com in taxation.

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B.Com in Taxation is a 3-year course. Students will learn about imposing tax and maintaining bookkeeping, overseeing monetary arrangement. The subjects taught in B.com (taxation) are basically from taxation, accounting, and finance fields. These subjects have a main role in the financial sector.

The eligibility for the course ‘Bachelor of Commerce in Taxation’ is qualifying 10+2 from the registered institute.

The fee structure is different in all colleges and universities. Fees are different due to the location and course provided by them. So, the average fee structure for B.Com in Taxation is INR 5,000 to INR 5 lakhs per annum.

B.Com in Taxation offers you many job roles: Chartered Accountant, financial risk manager, tax consultant, tax specialist, senior tax manager, tax compliance manager, cost estimators, lecturer, stockbrokers, financial analyst, actuaries, etc.

There are good salary packages offered to employees after B.Com in Taxation. It also varies on the location and skills of people. The average salary package offered is INR 1.2 lakhs to INR 10 lakhs per annum.

Students can pursue higher studies after B.Com in Taxation like MBA, M.Com, Chartered Accountant, actuarial science, B. Ed., etc.

The top recruiters are Claridges, L & T InfoTech, Google, Amazon, Newgen, Flipkart, Adobe, Snapdeal, Reliance, Just dial, Apollo, HP, Dell, etc.

B.Com Taxation: Course Highlights

Course Level	Undergraduate
Full form	Bachelor of Commerce in Taxation
Duration	3 Years
Examination type	Semester
Eligibility	10+2 examination with English and Mathematics
Admission process	Merit-based or entrance exam
Course fee	INR 5,000 - INR 5 lakhs
Average salary	INR 1.2 lakhs - INR 10 lakhs
Top Recruiters	Claridges, L & T InfoTech, Google, Amazon, Newgen, Flipkart, Adobe, Snapdeal, Reliance, Just dial, Apollo, HP, Dell, etc.
Job Positions	Financial Risk Manager, Tax Consultant, Tax Specialist, Senior Tax Manager, Tax Compliance Manager, Cost Estimators, Lecturer, Stockbrokers, Financial Analyst, Actuaries, Etc.

Admission Process

B.Com Taxation: Admission Process

Colleges and universities adopt two methods of enrolling students. The methods are merit-based selection and through entrance exams.

Merit-based Admissions

Colleges will release cutoff after examination of 10+2.
You should be aware and check your percentage in different lists.
Colleges and universities will release date for documents verification
Students must go for documents verification and enrol themselves in the colleges.
Submit tuition fees on time to avoid loss of good of the college.

Entrance-based Admissions

Students have to be aware of releasing the date of the registration form.
Fill the form on time with the fees (if required).
The registration form will be filled online via college websites.
After registration, an admit card will be released by them with the examination date and venue.
You have to attempt the exam and after that result, the date will be releases
They release dates for documents verification. The documents include your mark sheets of 10th and 12th class with the photographs and certificates like migration certificate, provisional certificate.
Submit tuition fees on time to avoid loss of good of the college.

Eligibility

B.Com Taxation: Eligibility Criteria

Qualifying 10+2 stage from the registered institute.
Every student must have to score at least 45% marks.
Some colleges give a 5% reduction for reserved category students.
English and maths are compulsory subjects.

B.Com Taxation: Entrance Exams

The entrance exams taken are

JUEE: Jammu University Entrance Test
JMIEE: Jamia Millia Islamia Entrance exam
IPU CET: Indraprastha University Common Entrance Test
CUCEE: Central Universities Common Entrance Test, etc.

Entrance exam	Exam date
Jammu University Entrance Test	Check here
Jamia Millia Islamia Entrance exam	To be announced
Indraprastha University Common Entrance Test	Check here
Central Universities Common Entrance Test	Check here

What is it About?

B.Com Taxation: What is it About?

Bachelor of Commerce in Taxation is a 3-year course. The type, of course, is under graduation.

Students will learn about imposing tax and maintaining bookkeeping, overseeing monetary arrangement.
Students become professional in the fields of taxation, finance, and accounting.
They get the easier role of leadership or managerial in the finance sector as they have specialization in taxation, finance, or accounting.
A wide range of opportunities are opened in this field and more people are choosing this subject as their career.

Why Study?

Why Study B.Com Taxation?

B.Com in Taxation course should be opting by students because:

After the Bachelor’s, students can develop a successful career in the field of taxation with a good package.
Students, who want to be tax consultants, should opt for this course for developing a company’s strategies.
Students will learn skills like management and quantitative techniques to open more wide opportunities.
You can work in fields like marketing, foreign trade, public accounting, etc.

Top Colleges

B.Com Taxation: Top Colleges

College Name	Average Annual Fee
Sacred Heart College, Ernakulam	INR 6,170
Osmania University, Hyderabad	INR 18,220
Chandigarh University, Chandigarh	INR 96,000
Rabindranath Tagore University, Bhopal	INR 20,000
Woxsen University, Hyderabad	INR 2.50 lakhs
Jain University, Bangalore	INR 1.20 lakhs
St. Albert’s College, Ernakulam	INR 18,000
Christ University, Bangalore	INR 3,345
CH Institute of Management & Commerce, Indore	INR 10,000
LNCT University, Bhopal	INR 35,000

B.Com Taxation: College Comparison

Parameters	Sacred Heart College	Chandigarh University
Overview	Sacred Heart College is located in Ernakulam, Kerala. It was established in 1944. It was established by Carmelites of Mary Immaculate (CMI). It was accredited by the NAAC in the 2000 year. It was reaccredited at A level. It is affiliated with Mahatma Gandhi University located in Kerala. It offers undergraduate courses, postgraduate courses.	Chandigarh University was established in 2012. It is located in Chandigarh. It is a private university. It is graded A+ by NAAC. It offers undergraduates, postgraduate and doctoral level courses. There are 16 such departments. They enrol students in their college by entrance exam- CUCET. It is the top university in placement among other top universities.
Location	Ernakulam	Chandigarh
Average fee	INR 6,170	INR 96,000
Average salary package	INR 2.3 lakhs	INR 7.2 lakhs
Top Recruiters	Goldman Sachs, Larsen & Toubro, Wipro, Tata Consultancy, South Indian, Federal Bank, Ernst & Young, Ashok Leyland, etc.	Wipro, IBM, Capgemini, Mindtree, TAFE Reliance industries, Godrej, Sanmar Group, Jindal sheet, Asahi Glass, Tata Power, Tata Technologies, Indigo Airlines, DELL, SAP Labs, Nokia, Deloitte, Hewlett Packard, Bank of America, etc.

B.Com Taxation V/s B.Com Taxation & Finance: Which is Better?

Parameters	BCom Taxation	BCom Taxation & Finance
Overviews	Bachelor of Commerce in Taxation is a 3-year course. The type, of course, is under graduation. Students will learn about imposing tax and maintaining bookkeeping, overseeing monetary arrangement. They learn how to impose a tax on taxable incomes.	B. Com (taxation & Finance) or Bachelor of Commerce in Taxation and finance is a 3-year course. The course type is under graduation. This course specialized in taxation and finance. This course helps to become professional and collect proper funds and utilize properly to ensure both public and private welfare.
Duration	3 Years	3 Years
Eligibility	10+2 with at least 45% marks	10+2 with at least 50% marks
Admission Process	Merit-based selection or entrance exams	Merit-based selection or entrance exams
Average Fee	INR 5,000 to INR 5 lakhs	INR 12,000 to INR 3 lakhs
Job Opportunities	Chartered Accountant, financial risk manager, tax consultant, tax specialist, senior tax manager, tax compliance manager, cost estimators, lecturer, stockbrokers, financial analyst, actuaries, etc.	Finance manager, assistant accountant, auditor, income tax officer, tax consultant, cost accountant, budget analyst, etc.
Top Recruiters	Claridges, L & T InfoTech, Google, Amazon, Newgen, Flipkart, Adobe, Snapdeal, Reliance, Just dial, Apollo, HP, Dell, etc.	The sales tax department, import firms, export forms, docks, airports, income tax department, banking sector, Indian economic services, colleges or universities, etc.
Average Salary Package	INR 1.2 lakhs - INR 10 lakhs	INR 1.8 lakhs - 12 lakhs

Syllabus

B.Com Taxation: Course Syllabus

The syllabus for the course B.Com in taxation is based on 6 semesters as there are 3 years for graduation.

Semester I	Semester II
Business mathematics	Financial accounting
Income tax law procedure	Income tax law procedure
Indian tax system	Indian tax system
Fundamental principles of accounting	Partnership accounting
Business organization	Business regulatory framework
Indian contract act and sale of goods act	Business communications
Semester III	Semester IV
Income tax procedure & practice	Advance cost accounts
Principles of statistics	Income tax procedure & practice
Basics of company accounts	Advance corporate accounts
Indian company Act	Advanced statistics
Wealth tax & VAT Procedure and practices	Wealth tax & VAT Procedure and practices
Theory and practice of cost	Principles of management
Semester V	Semester VI
Income tax for individuals	Indirect tax
Custom procedures & practice	Custom procedure & practice
Accounting for managers	Income tax for business
Marketing management	Auditing
Financial management	Central excise procedure & practice
Central excise procedure & practice	Human resource management

B.Com Taxation: Important Books

Every B.Com in taxation course pursuing a person should read these books with the best authors. Here are the top 10 books to read:

Name of the Books	Authors
Corporate taxation	Cheryl D. Block
The best zero tax planning tools	Tim Voorhees
Federal Income Taxation	Marvin Chirelstein & Lawrence Zelenak
Federal Taxation- Basic principles	James R. Hasselback & Ephraim P. Smith
International Taxation in a Nutshell	Richard Doernberg
Principles of Taxation for Business and investment planning	Sally Jones & Shelley Rhoades- Catanach
South-Western Federal Taxation: Individual Income Taxes	William H. Hoffman, Annette Nellen
Essentials of Federal Income Taxation for Individual & Business	Linda M. Johnson
Fundamentals of corporate taxation	Stephen Schwartz & Daniel Lathrope
K. Lasser’s 1001 deductions and tax breaks	Barbara Weltman

Job Profiles

B.Com Taxation: Job Profiles

These are the job roles offered after B. Com in Taxation has chartered Accountant, financial risk manager, tax consultant, tax specialist, senior tax manager, tax compliance manager, cost estimators, lecturer, stockbrokers, financial analyst, actuaries, etc.

Job Profiles	Job Description	Average Annual Salary
Tax Specialist	Tax specialists have a very important role as they are known for tax consultants. They are specialists, professional tax law, planning and compiling. The updated new tax laws and services businesses and individuals, clients, etc.	INR 6.87 lakhs
Senior Tax Manager	Senior tax manager has a vital role as they evaluate tax documents and prepare for timely return taxes. They ensure that the company’s accounting procedures are according to state regulations and local procedures.	INR 30 lakhs
Actuaries	An actuary oversees and analyses the financial position of a company or organization. They use statistics, mathematics, and financial statements of the company to predict a future event.	INR 15 lakhs to INR 20 lakhs
Stockbrokers	The role of a stockbroker is to sell and buy stocks at the stock market. They buy and sell on behalf of investors.	INR 3.95 lakhs
Cost Estimators	The role of a cost estimator is collecting data and analyzing it according to the requirement of manufacturing a product, constructing a building or any other service. They analyze time, money, labour, and other materials.	INR 11.73 lakhs

Future Scope

B.Com Taxation: Future Scope

The higher studies after B.Com in Taxation like Master of Business Administration (MBA), M.Com, Chartered Accountant (CA), Company Secretary (CS), Chartered Financial analyst (CFA), Business accounting and taxation (BAT), certified management account (CMA), actuarial science, B. Ed., US Certified public accounting (CPA) etc.

Companies that participate in hiring candidates are Claridges, L & T InfoTech, Google, Amazon, Newgen, Flipkart, Adobe, Snapdeal, Reliance, Just dial, Apollo, HP, Dell, etc.

The employment area is schools, colleges, universities, the sales department, income tax department, airport, banking sector, etc.

Candidates can be a part of some of the job opportunities like Chartered Accountant, financial risk manager, tax consultant, tax specialist, senior tax manager, tax compliance manager, cost estimators, lecturer, stockbrokers, financial analyst, actuaries, etc.

How To Get Admission In A Good College for B.Com in Taxation?

Here are some tips to get admission to a good college:

You should have an interest in the subject which you have chosen.
Candidates should score at least 45% marks in 10+2 to get admission to a good college.
Cover full syllabus of the entrance exam.
Practice model test papers as much as you can. You get an idea from it about questions type and duration of questions.
Read questions, chapters, properly to avoid rejection.
Choose an interesting subject in 10+2 as you have to build your future career by seeing them.
Participating in extracurricular activities to gain more skills, certificates, awards, etc.

FAQs

B.Com Taxation: FAQs

Ques. How to enrol yourself in colleges after the 10+2 examination?

Ans. Students can enrol themselves via filling the registration form after the 10+2 examination. They need to submit registration fees before the last date. The application form can be online and offline.

Ques. Who are eligible for under graduation courses?

Ans. Persons who have cleared their 12th class with the least marks required by colleges and universities are eligible for under graduation courses.

Ques. Is any university situated in Indore for undergraduates?

Ans. Yes, Oriental University is situated in Indore for undergraduates.

Ques. Is accountancy a compulsory subject in 10+2 for B. com in taxation?

Ans. Yes, accountancy should be one’s subject in 10+2 for B. com in taxation.

Ques. Is there any ageing issue while enrolling in college?

Ans. No, there is no issue regarding age while enrolling in college.

Ques. What are the highest paying jobs after B. Com in Taxation?

Ans. The highest-paying jobs after B. Com in Taxation are Learning and development specialist, internal auditor, financial analyst, account executive.

Ques. What is the international average salary package of a finance manager and internal auditor?

Ans. The international average salary package of the finance manager and the internal auditor is $68,750 and $62,840 respectively.

Ques. What are the courses related to B.Com in Taxation?

Ans. The courses related to B.Com in Taxation are Bachelor of commerce in computer applications, Bachelor of Commerce in accounting and finance, Bachelor of commerce in corporate secretaryship.

Ques. What is the minimum fee of B.Com in Taxation in India?

Ans. The minimum fee of B.Com in Taxation in India is INR 10500.

Ques. What is the maximum fee of B.Com in Taxation?

Ans. The maximum fee of B.Com in Taxation in India is INR 3.06 lakhs.