Course Details

Mode: In-person| Duration: 4 sessions| Investment: BDT 5,500/-

This comprehensive course on Income Tax Management is designed to provide professionals with a solid foundation in tax laws, compliance procedures and strategic tax planning as per the Income Tax Act, 2023. Through practical modules, participants will gain in-depth knowledge of tax structures, authorities, forms, return filing procedures, assessment processes and integration between accounting, tax and VAT. The course blends legal provisions with real-world examples, making it easier for professionals to understand the implications and practical applications of tax regulations.

Each module is crafted to cover essential topics such as heads of income, withholding tax (TDS), tax computation, planning strategies, documentation and procedural aspects like appeals and refunds. Whether you're new to the taxation field or looking to sharpen your expertise with recent updates and strategic perspectives, this course ensures you are well-equipped to manage tax responsibilities confidently and compliantly.

Contents

 Module 1: Introduction to Income Tax in Bangladesh

     Overview on ITA, 2023 updates

     Structure of NBR (National Board of Revenue), Journey into the Website 

     Scope and Sources of Knowledge on Income Tax Law

     Tax Rates to different classes of Taxpayers

     Cycle (Start to End)

Module 2: Foundations – Terms, Forms & Authorities

     Important Terms and Definitions

     Authorities Involved in Income Tax Administration, their Power and Hierarchy

     Jurisdiction and Account Code

     Commonly Used Forms/Returns (e.g., IT-10B, 10BB, PSR, ITR, WTR)

     Deadlines of Submissions of Return and exceptions

     Misconducts, their Implication and remedial measures   

Module 3: Heads of Income and Their Application

     7 Heads of Income with Explanation

     Additional Heads or Special Incomes

     Model Problems

     Taxes Benefits to Residents and obstacles for Non-Resident Foreigner

     6th and 7th Schedule (Summary)-Benefits to Taxpayers 

Module 4: Withholding Tax (TDS) and Time Frame (Summary)

     Definition and Scope of Source Tax

     Time Frame for Deduction and Deposit

     Model Examples on TDS Computation (on Salary and Supply)

     PSR Filing, Return Submission

Module 5: Tax Planning & Strategic Compliance

     Planning to Reduce Tax Burden

     Tax Rates (Zero, Truncated, Standard, Minimum, Final, Regular Tax, Rebate, Credit,                                             Deduction, Exemption, Holiday, Allowances, Non-Assessable, Refunds, Carry Forward

     of Losses, 7th Schedule/Special Rate, etc.)

     Minimum Tax Rules and SRO

Module 6: Assessment Procedures

     Types of Assessments (Self, Spot, Best Judgment, etc.)

     Practical Examples on Tax Computation and Assessment

     Filing of Appeals Procedures

Module 7: Return Filing & Computation Models

     Return Filing Process for Individuals

     Return Filing Process for Companies

     Model Problem for Each Category

     Documentation Requirements

Module 8: Accounting-Tax-VAT Integration

     Correlating Financial Accounts with Tax Returns

     Reconciliation with VAT

     Accounting Standards vs. Tax Provisions

     Refund, Fines, and Penalties

Course details

 Dates: August 16, 2025

 Time: 9:00 AM – 5:00 PM

 Mode: In-Person

 Investment: Just BDT 5,500/-

Who Should Attend

 This course is ideal for:

• Tax professionals and consultants seeking to update their knowledge based on the latest tax reforms
• Finance and accounts professionals responsible for tax compliance, computation and return filing
• Business owners and entrepreneurs who want to gain clarity on their tax obligations
• Legal and audit practitioners working with tax-related documentation and representation
• Fresh graduates or job seekers aiming to enter the field of taxation, accounting or compliance
• NGO, corporate, and MNC staff involved in finance or internal audit functions
• Anyone interested in understanding the practical and strategic aspects of income tax in Bangladesh

Resource Person:

Muhammed Omar Faruk Ripon, FCA, ACS, LLB, FCGA, ITP, VC, FFA, FIPA, M. Com, is a seasoned finance professional with over 25 years of extensive experience in the fields of Accounts, Finance, Treasury, VAT, Taxation, Internal Audit, Compliance, Secretarial Practices, Corporate Governance, Financial Reporting, Fixed Assets Management and Supply Chain Management.

He is a Fellow/Associate Member of multiple prestigious professional bodies, including:

• ICAB (The Institute of Chartered Accountants of Bangladesh)
• ICSB (The Institute of Chartered Secretaries of Bangladesh)
• ICGAB (The Institute of Certified General Accountants of Bangladesh)
• IIAB (The Institute of Internal Auditors Bangladesh)
• DTBA (Dhaka Taxes Bar Association)
• BVPF (Bangladesh VAT Professionals Forum)
• BAA (Bangladesh Accounting Association)

Currently serving as the Chief Financial Officer (CFO) of Panna Group, Mr. Ripon previously held key leadership roles including CFO of Globe Pharmaceuticals Group, Walton Hi-Tech Industries PLC and National Polymer Industries PLC. His professional journey also includes significant tenures at reputed organizations such as Square Pharmaceuticals PLC, ACME Laboratories PLC and SEARS Electronics Ltd.

Apart from his corporate achievements, Mr. Ripon is a renowned author of tax-related publications and a regular contributor of technical articles to leading professional journals published by ICAB, ICSB and IIAB.

He brings with him a wealth of practical insight and academic rigor, making his training sessions immensely valuable for professionals seeking to enhance their skills in Finance, Taxation, ICC, Internal Audit, International Trade, Corporate Laws and Corporate Governance, RJSC Procedures.