Master of Commerce in Taxation: Eligibility, Entrance Exam, Top Institute, Syllabus

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M.Com. in Taxation is a postgraduate 2 years course. The course was designed to provide qualifying students with advanced learning in federal, state, and local tax concepts and procedures, as well as in the provision of tax advice and preparation for individuals or organizations. The purpose of the program is to train such candidates to contribute profitably to the IRS, the State Revenue Departments, and the like.

Master Of Commerce in Taxation Course Details, Eligibility Criteria, Entrance Exam, Top Institute, Syllabus, Job Prospects | StepInColleges 

Taxation is the process developed by the government to raise taxes from people to pay for public services, such as public parks, libraries, etc. Auditors are practitioners who conduct audits for companies and individuals in order to look for anomalies, contradictions, potential cases of financial fraud, and such. Direct taxes are taxes that the taxpayer pays directly to the government, such as corporate tax, income tax, etc. Tax is a significant part of the treasury of the nation. 

M.Com. in Taxation Eligibility Criteria 

  • For admission to the course, the minimum eligibility requirements needed to be met are:
  • Graduation (B.Com./ BBA/ BBS) with a minimum aggregate score of 55 percent from a recognized university.
  • As the main subjects of study at the level of graduation, trade subjects such as economics, maths, accounts, etc.

M.Com. in Taxation Entrance Exams

  • Acharya Nagarjuna University M.Com. Entrance Exam
  • Alagappa University M.Com. Entrance Exam
  • Aligarh Muslim University M.Com. Entrance Exam
  • Andhra University M.Com. Entrance Exam
  • Annamalai University M.Com. Entrance Exam
  • Assam University M.Com. Entrance Exam

M.Com. in Taxation Top Institutes 

  • IGNOU, Delhi
  • University of Rajasthan, Jaipur
  • Veer Narmad South Gujarat University, Jaipur
  • AISECT, Raisen
  • Smt. Champaben Balchand Shah Mahila Mahavidyalaya, Sangli
  • Annamalai University, Tamil Nadu
  • IIS University, Jaipur

M.Com. in Taxation Syllabus

Sem. I: Law of Direct Taxes & Practices - Income Tax Act paper I, Law of Direct Taxes & Practices - Income Tax Act paper II, Gujarat Value Added Tax Act & Central Sales Tax Act, 1956 applicable to the State of Gujarat - Paper III.

Sem. II: Law of Direct Taxes & Practices - Income Tax Act Paper IV, Law of Direct Taxes & Practices - Income Tax Act Paper V, Gujarat Value Added Tax Act, Central Sales Tax Act, 1956 applicable to State of Gujarat & Gujarat Professional Tax Act - Paper VI.

Sem. III: Law of Direct Taxes & Practices - Income Tax Act & Wealth Tax Act Paper VII, Law of Indirect Taxes - Central Excise Act, 1944 Paper VIII, Law of Indirect Taxes - Custom Act, 1962 & Custom Tariff Act, 1975 & Service Tax – Paper IX.

Sem. IV: Law of Direct Taxes & Practices - Income Tax Act & Wealth Tax Act Paper X, Law of Indirect Taxes - Central Excise Act, 1944 Paper XI, Law of Indirect Taxes - Custom Act, 1962 & Custom Tariff Act, 1975 & Service Tax Paper XII.

M.Com. in Taxation Job Prospects

Employment Areas

  • Business Offices
  • Taxation Dept.
  • Public Relation Offices
  • Marketing Companies
  • Investment Companies
  • Finance Companies
  • Banking Sector
  • Retailing Sector

Job Types

  • Investment Analyst
  • Marketing Manager
  • Investment Banker
  • Market Analyst
  • Operation Manager
  • Personal Finance Consultant
  • Securities Analyst
  • Money Manager
  • Senior Accountant
  • Financial Analyst
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