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Mohit Dhulia
Diploma in Taxation Law: The Income Tax Act of 1961 governs the collection of income tax. The Authority for Advance Rulings (AAR), established under the Income Tax Act of 1961, is empowered to rule on any legal or factual issues relating to transactions that have been or will be conducted.
The DTL (Diploma in Taxation Law) is a programme that allows you to gain a thorough understanding of the rules and regulations governing taxation. It is a one-year diploma programme. It also gives you a foundational understanding of taxation.
The average pay earned after completing the course is between INR 4 and 10 LPA.
| Course Level | Certificate- Level Course |
| Full-Form | Diploma in Taxation Law |
| Duration | 1 year |
| Eligibility | 10+2 from recognised board or university |
| Admission Process | Entrance Exam/ Merit Based |
| Course Fee | Up to INR 1 Lakh |
| Average Salary | Up to INR 5 Lakhs per annum |
| Career Prospects | Financial Advisors, Tax Collector, Tax Managers, Tax Analysts and Tax Accountants |
The Diploma in Taxation Law (DTL) programme will help you expand your knowledge of taxation and related laws. This course prepares you to present tax plans, provide advice, and file a variety of tax returns.
Taxation is essentially a method of collecting payments from people who make taxable income. This programme covers a wide range of enactments, including recent modifications to the Income Tax Act. After successfully completing this course, you will have access to a wide choice of job prospects.
After completing the DTL course, you will receive a number of benefits. The following are a few of them:
Admission to Diploma in Taxation Law programmes is determined by the results of admission exams administered by various institutions and colleges. Students are chosen based on their performance in entrance tests and other factors.
The methods for enrolling students in Diploma in Taxation Law courses are outlined below.
A diploma in Taxation Law, like any other Diploma programme, has certain qualifying requirements that must be met. The essential conditions that must be met in order to pursue a Diploma in Taxation Law programme are stated below.
As previously mentioned, numerous entrance tests are held to enrol students in Diploma in Taxation Law courses, including CLAT, AILET, LSAT, AIBE, TS LAWCET, and others.
The table below will go through the admission tests in-depth, as well as important dates such as registration, exam, and results in announcement dates.
| Entrance Exam Names |
|---|
| CLAT |
| AILET |
| LSAT |
| DU LLB |
| PU LLB |
| ULSAT |
| JMI BA LLB |
| KIITEE |
The entrance exams for the Diploma in Taxation Law usually consist of four major sections:
| General Knowledge | Logical Reasoning |
| English Aptitude | Quantitative Aptitude |
While preparing for Diploma in Taxation Law courses, keep the following considerations in mind.
For your convenience, the syllabus and subjects that are taught throughout the Diploma in Taxation Law course are listed here.
| Introduction to Taxation in India | Income Tax Act, 1961 |
|---|---|
| Managerial Accounting | Direct Tax (Application & Procedure) |
| Goods and Services Tax I | Goods and Services Tax II |
| Assignment / Dissertation I | Assignment / Dissertation II |
For your convenience, some of the best colleges in India that provide Diploma in Taxation Law courses are listed here.
| Name of the Colleges | Average Fees |
|---|---|
| Symbiosis Law School, Pune | INR 27,000 |
| ILS Law College, Pune | INR 17,600 |
| Institute for Excellence in Higher Education, Bhopal | INR 10,000 |
| Arihant Group of Institutes, Pune | INR 20,500 |
| Sree Narayana Guru College of Commerce, Mumbai | INR 3,000 |
| PRIN. L. N. Welingkar Institute of Management Development and Research | INR 20,000 |
| Savitribai Phule Pune University, Pune | INR 5,000 |
| Sinhgad Law College, Pune | INR 10,767 |
| Indian School of Technology and Management | INR 14,900 |
In terms of ranking, affiliation, typical fees, and other factors, the chart below shows a stark contrast between the leading universities, Symbiosis Law School and ILS Law School, which both offer Diploma in Taxation Law programmes.
| Parameters | Symbiosis Law School | ILS Law School |
|---|---|---|
| Overview | This law school is approved by the Bar Council of India. It offers admissions in both UG and PG courses. Since 2002, it has been affiliated with Symbiosis International University. | This law school ranked 1st amongst the top 10 law colleges in the country by India Today. The college is accredited by the University of Mumbai. |
| Affiliated By | BCI and UGC | NAAC |
| Outlook Rank | 10 | 3 |
| Eligibility | 10+2 from a recognised board or university | 10+2 from a recognised board or university |
| Courses Offered | BA LLB, LLB, LLM, Diploma and BBA LLB | Diploma, LLB, BA LLB and LLM |
| Average Fees | INR 27,000 | INR 17,600 |
Students can pursue the Diploma in Taxation Law through correspondence courses in addition to the normal programme. Several colleges and universities, including Symbiosis Centre for Remote Learning, Annamalai University, Balaji Law College, and others, offer distance courses in taxation law.
For your convenience, the eligibility conditions for taking Taxation Law distance courses are listed below.
For your convenience, some of the top colleges, as well as their average course fees for Diploma in Taxation Law Diploma courses, are listed below.
| Name of the Colleges | Average Fees (INR) |
|---|---|
| Bharati Vidyapeeth School of Distance Education | 5,200 |
| Symbiosis Centre for Distance Learning | 17,000 |
| Balaji Law College | 20,000 |
| Annamalai University | 2,850 |
| Institute of Distance Education, University of Madras | 25,000 |
The differences between the two top Diploma Law courses, Diploma in Taxation Law and Diploma in Cyber Law, will be discussed in detail in the table below.
The Diploma in Cyber Law course focuses on the laws that govern cybercrime and occurrences, whereas the Diploma in Taxation Law course focuses on taxation subjects and activities. We shall address the course differences in terms of impact, direction, and course material in the table below:
| Parameters | Diploma in Taxation Law | Diploma in Cyber Law |
|---|---|---|
| Overview | The diploma in Taxation Law course gives you an overview of taxation-related subjects and laws related to it. | A diploma in Cyber Law is a course that covers Intellectual property rights and trademark-related laws with respect to cyberspace. |
| Duration | 1 year | 6 months to 1 year |
| Eligibility | 10+2 from a recognised board or university | 10+2 from a recognised board or university |
| Average Annual Fee | INR 25,000 | INR 15,000 |
| Average Salary | Up to INR 5 Lakhs per annum | Up to INR 8 Lakhs per annum |
Graduates of the DTL programme are eligible for a variety of attractive job options. The corporation or organisation will determine your pay scale based on your talents and years of experience. The following are some of the job opportunities for those with a Diploma in Taxation Law (DTL):
| Job Profile | Job Description | Average Salary (INR) |
|---|---|---|
| Tax Collector | The role of the tax collector is to gather information by going for field audits, maintaining the bookkeeping records and evaluating financial information. | Up to INR 6,50,000 |
| Tax Manager | Tax managers are responsible for the accurate preparation and filing of tax documents. | Up to INR 14,26,000 |
| Certified Public Accountant | The role of a CPA is to advise an individual or an organization to plan and meet their financial goals. | Up to INR 10,00,000 |
| Financial Advisors | Financial advisors are the professionals who render their financial services and suggestions after analysing the financial situation of the client. | Up to INR 5,00,000 |
| Chief Financial Officer | The role of the CFO is to manage the financial actions of the company. He is the senior-most finance executive of the company. | Up to INR 17,00,000 |
| Tax Analyst | He/she is the one who helps in filing returns keeping in mind that it is in compliance with local, state and federal laws. | Up to INR 3,40,000 |
Students should make a proper plan and timetable and devote their time in a dedicated manner. Studying in advance is a major requisite in order to relieve the stress immediately prior to the examination.
subjects with a higher level of difficulty and comprehension should be tackled with greater dedication and should be devoted more time. students should solve numerically regularly in order to hone and practice their application skills. Referral to the previous year’s questions paper in order to aid comprehension of the questions paper format and to gauge the importance of each chapter is necessary.
A diploma in Taxation Law has various job Opportunities depending on the skills and years of experience. They can choose to become accounting, generation of revenue, assistant manager, marketing manager, personal management, etc. students can apply for Diploma in taxation Law programs either offline or online by visiting the official website of the respective colleges. All the important information pertaining to the date for submission, entrance test, and other such will be notified through email or listed on the official website. The job opportunities are listed below:
Ans. The DTL (Diploma in Taxation Laws) programme is a one-year diploma programme. Its length is determined by the institute to which you are applying. It usually lasts anything from 6 months to a year.
Ans. To get eligible for the DTL course, you must have qualified for your 10+2 standard.
Ans. Yes, you can opt Diploma in Taxation Law (DTL) from distance education mode or open learning.
Ans. One can go for positions like the Tax collector, tax analyst, tax manager and alike.
Ans. No, IGNOU is not offering DTL course.
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