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Online Course for Understanding Income Tax in a simplified manner

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laazarusdias@gmail.com's picture
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Joined: 28 Apr 2017

Dear Friends

Income Tax is a very boring subject. Income Tax is a very complicated subject left at best to a CA.

Does these statements sound familiar ? 

I lost Rs 80000/= in 1993 just because I did not know Income tax  and in 2014 I saved a tax of Rs 10 Lakhs just because i knew about Sec 54F.

A person in Delhi had to admit his mother urgently to a hospital and it was very late night. He had Rs 10000 with him, which he took with him to admit his mother. The hospital suggested an immediate operation the next day after completing some basic tests which had to be done. The doctor asked this person to deposit Rs 1 Lakh the next day. He did not even have this kind of money in his account. He called his friend and explained his predicament and asked for his help. The friend readily agreed to help him and went to his bank and withdrew Rs 100000 from his account and handed over to him. This person happily thanked his friend and went to the Hospital to deposit the same. The surgery was performed and the mother got cured and they were back to normal routine. This person repaid his friend in a months time. Generally the transaction would have ended here but the friend of this person was called for the scrutiny of his accounts due to AIR since he had purchased a property worth 1 Crore. During the scrutiny he was asked about this Rs 1 Lakh withdrawal to which the friend explained why he had to withdraw and that he had given this money to his friend for the deposit for his friends mothers operation. This person was summoned to get details of the hospitalisation and whether the money was received by him in cash and deposited in the hospital. Again the friends thought that the matter was laid to rest but they were both shocked to receve an income tax notice u/s 269SS to pay a tax of Rs 1 Lakh each as they had flouted this section. This section dealth with giving or lending any money in cash which is limited to Rs 20000/= to a single person in a financial year. Since the money in this case was Rs 1 Lakh it attracted the penalty which was equal to teh amount transacted to both the entities. Inspite of the true nature of the transaction, inspite of the noble intention of the transaction, inspite of the truthfulness of the transaction, yet they both had to pay that tax.

This Finance bill had put many more provisions to cash transactions which can hurt a lot of people.

With this in mind i set out to learn Income Tax from its depth and tried to understand it from a laymans perspective. It was really a painful exercise but in the end i could lay out the whole Income tax in a very simplified flow so that any individual even without any commerce background can easily understand and make sense out of Income Tax. I take 3 days training class in Income Tax where even normal hosewives with just 10th std education were able to understand and calculate tax easily.

This course is online, divided into 17 chapters with each chapter explained in 10 minutes of Video is very interesting. 

OBJECTIVE : Not to make you a CA. We cant become CA but to be able to effective discuss and brainstorm with CA as to the best possible outcome. The Income Tax basic knowledge of all sections has helped me to work more cordially and effectively with my CA and my CA enjoys discussing with me the various possibilities of saving tax. I have saved lakhs of rupees as tax just by managing my income, finance, bank accounts and expenses LEGALLY.  MONEY SAVED BY WAY OF TAX IS MONEY EARNED. Most people think that the only way to save tax is by investing 150000/= + 50000 in NPS + 25000 to 55000 in Medicalim as the only way to save tax.

There is a Preview video which you can see before you buy the course. You can see the Video and also read the matter given regarding the course. 

ABOUT MYSELF

MBA (Finance)

30 years in financial and Investment Advisory

Written four books for Financial Advisors 

Addressed more than 2 Lakh persons in auditorium programs across India.

Trained and coached more than 3000 persons in workshops for managing investments and Finance

www.laazarusdias.in

The course fee is just Rs 1000/=

But for all members of this group we will offer a 70% DISCOUNT and offer this course at Rs 300/= only. USE COUPON CODE "ITL70"

Value of this course is unlimted at the price of Rs 300/=

Use coupon code " ITL70" to get it at Rs 300/= only

 

 

 

 

 

Laazarus Dias Education Akademy Pvt LTD 801, Lodha Supremus I, Wagle Estate, Road no 22, Thane West, next to new passport office, Pin 400604 9967368426

JOIN the online INCOME TAX COURSE @300/= only by using coupon code ITL70. Visit www.skillzpot.com search income tax

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Laazarus Dias Education Akademy Pvt LTD 801, Lodha Supremus I, Wagle Estate, Road no 22, Thane West, next to new passport office, Pin 400604 9967368426

JOIN the online INCOME TAX COURSE @300/= only by using coupon code ITL70. Visit www.skillzpot.com search income tax