Salary, Perquisite, and Profit under Section 17

This Online Course provides a comprehensive understanding of perquisites and 'profit instead of salary' as per Section 17 of the Income Tax Act.

Language : English
Chapters : 1
Category : Income Tax Certification Course
Author : CA Himanshu Kumar

This Online Accounting Course provides a comprehensive understanding of the computation of perquisites and ‘profit instead of salary’ as per Section 17 of the Income Tax Act.

Designed for professionals, tax consultants, and HR personnel, this course covers the essential concepts, rules, and regulations related to the calculation and taxation of various perquisites provided by employers to employees. Students will gain practical knowledge on identifying taxable perquisites, determining their fair value, and accurately reporting them in income tax returns.

The Course comes under the Income Tax Certification Course which delves into the concept of ‘profit instead of salary’ as specified under Section 17. Students will learn how to assess and calculate such profits, including valuation methodologies and relevant provisions for tax implications.

How to Get This Course:

Because this is an Online Accounting Course, no in-person lectures will be delivered. After purchasing the course, you may access your account options. All videos, study materials, PDF files, and PowerPoint presentations will be placed there for easy access by participants. This Online Course will cost you only Rs 400.

Course Duration:

The Online Accounting Course duration is around 10 hours.

Certificate:

On completion of this online accounting certification, a Certificate of Participation from Tax4wealth will be provided.

Views Limitation:

This online course has no limit on the number of views. After enrolling in the course, you get unlimited access to this Online Course from anywhere at any time.

Who is Eligible to Join this Certification Course:

Anyone who wants to learn about “Salary, Perquisite, and Profit under Section 17” and its practical aspects can enroll this course now.

✅ Introduction to perquisites and 'profit instead of salary
✅ Types of perquisites and their valuation
✅ Exemptions and concessions available for certain perquisites
✅ Reporting and documentation requirements for perquisites
✅ Understanding 'profit instead of salary' provisions
✅ Valuation methods for determining 'profit instead of salary'
✅ Tax implications and compliance considerations

✅ Video on demand
✅ Live & Recorded Sessions
✅ 8 PPT with Details can be downloaded
✅ Compatible with Mobile, Laptop, and TV
✅ Sessions on Telegram as well
✅ Certificate after Completion

✅ Tax Professionals
✅ Law Students or Legal Professionals
✅ Finance and Accounting Professionals
✅ Individuals with Personal Professionals Any other person not covered above can join the course if they are interested

Course Timeline:

Course Meterials

Salary Perquisite and Profit Under Section 17

CA Himanshu

Income Tax, Accounting, Auditing, GST Expert

70 (35 ratings)

38 Courses

CA Himanshu Kumar, as a Chartered Accountant by profession, has helped establish several German, Canadian and US-based companies in India and his clientele includes leading financial services companies, media houses, and IT majors.

His Experiences:

He is an expert in International Financial Reporting Standards, US GAAP, etc. Also, he has provided support to many transnational companies expanding or running their businesses in India. Today, companies can proudly say that it has been instrumental in the crafting of several fund-raising success stories for both organizations and start-ups, which have now developed into full-fledged businesses.

Mr. Kumar Mission and Vision are:

To transform the business world by giving entrepreneurs a platform that enables them to leverage their base of supporters, which could comprise friends, family, etc., and raise collective funds/capital.
He also seeks out potential investors and aims to create a fresh pool of funds while advocating and mentoring many new flourishing companies. It is his firm belief that his company can add value to start-ups in their growth story.

His specialization: