"

"Higher Education for Every Qualified Person with Finance for Meritorious but Needy"

International University of Business Agriculture and Technology

(IUBAT)
1991-2016

COLLEGE OF BUSINESS ADMINISTRATION (CBA)

Course outline
Program
Name of Course
Course Code
Semester
Credit Value/Hours
Pre-Requisites
Section
Instructors Name & Profile:
Photo..
Faculty Profile:

Bachelor of Business Administration (BBA)

Taxation
ACC 303
Fall2016
02 Credits/30hours
ACC 101

Contact Information
Email:
Office: Room No.
Office Hours: 08:30am-05:00pm (Except Friday & Govt. Holiday)
Contact: +88 02 8963523-27 | ExtClass Hours
Day

Consultation hours
Day

Time

Room

Time

COURSE DESCRIPTION:
In this course, students will be introduced to taxation with emphasis on the five sections of the
Income Tax Act and how these laws and regulations apply in the preparation of personal and
business tax returns.

COURSE OBJECTIVES:
The focus of the course will be on personal tax, and taxation for business income for a soleproprietorship or partnership. Students will research tax situations in addition to obtaining the
required forms using the government Internet sites. Corporate taxation will be covered in terms
of capital cost allowance, reconciliation of accounting income to taxable income, the small
business deduction

LEARNING OUTCOMES:

Exhibit sophisticated knowledge related to tax accounting rules and regulations and
analyze and resolve tax problems.

Identify, define, and resolve tax issues through their understanding, knowledge, and
application of research methods and databases.

Recognize and apply relevant ethical standards as required in tax practice.

Write and deliver skillful tax communications.

Demonstrate an understanding of tax issues from an international perspective.

TRANSFERABLE SKILLS:
Skills
Analyzing Information
Solve Problems
Compute
Calculate
Working With Other
Motivate People
Negotiate Agreements
Speak in Public
Communicate Verbally

How they are developed?

Review Problem
Case Study Class Discussions
Solving
Class Discussions
Assignments
Quizzes
Group Report Writing
Group Presentation
Group Assignments
Group Discussion
Group Presentation

TEACHING, LEARNING AND ASSESSMENT STRATEGY:

Class Lecture, Class discussion, Group Study, Case Study, Presentations, Project
Assignments, Quizzes, Exams

REQUIRED COURSE MATERIALS & TEXT BOOKS:

Works,

Required Course Materials: Calculator is Mandatory in the class.

Required Text Book:
Taxation In Bangladesh: Theory and Practice by Mahmud, Dr. Monjur Morshed [et.al], 12th ed.
Padma Prokashani, Chittagong, 2014

REFERENCE BOOKS:
Bangladesh Income Tax: Theory & Practice, by Shil, Nikhil Chandra [et.al], 8th ed. Shams
Publications, Dhaka, 2014

EVALUATION:
Assignments+ Quizzes
Attendance+ DBC
Presentation+ Report Writing-1

10%
10%
10%

Presentation+ Report Writing-2

First Term
Mid Term
Final Term
Total

10%
15%
15%
30%
100%

Letter Grades
A
B
C
D
F

Grade Points
4.0
3.0
2.0
1
0.0

Marks
90-100
80-89
70-79
60-69
<60

PRESENTATION:
1. SCORING RUBRICS FOR PRESENTATIONS:
Category

Scoring Criteria

APPEARANCE

Presentation
Organization
35%

CONTENTS
65%

Speak in Public
Communicate Verbally

QUALITY
SLIDES

OF REPORT

WORKING WITH
OTHERS

&

Dress & Behavior

Eye Contact & Body
Language
English Fluency &
Pronunciation
Performance in
Questions & Answer
Session
Report Structure
Contents of the Reports
Research Part
Slides Quality &
Contents
Grammar, Spelling in
slides & Report
Practical Working
Experience

Total

2. PRESENTATION & REPORT DETAILS:

Two presentations are set for improving the communication skills as well as depth knowledge of
the subject. A final report towards the end of the course is compulsory to cover the subject matter
to reflect the topical contents. Each group for presentation comprises of three to five students.
Details of these presentations will be discussed in class.

3. REQUIREMENT FOR PRESENTATION-1 &/OR REPORT -1:

Based on Chapter/Recent topic/ Case study/ Research Topic/ Information Analysis this is
relevant to the course. The presentation will follow a report. Further details will be discussed by
the course instructor. The presentation will be held after the completion of midterm exam
during the presentation week. (See the course contents)

4. REQUIREMENT FOR PRESENTATION-2 &/OR REPORT -2:

Based on Field Visit to organization which is relevant to the course, gathering information and
present the same. Further details will be discussed by the course instructor. The presentation
will be held just after the completion of first term exam during the presentation week. (See
the course contents).

5. PRESENTATIONS DRESS CODE:

For male students:
Presentation attires are strictly to be maintained to Suit, Tie, Dress Slacks and Dress Shirt.
For female students:
Professionally worn Saree and Selwar-Kamiz will be the presentation/ defense dress-code for
girls.

ASSIGNMENTS & QUIZZES:

Assignments & Quizzes are part of assessments to complete this subject. It is mandatory to
participate in the assignments & quizzes. The pattern & number of presentations and quizzes will
be decided by the course instructor.
This will be an assessment of a group project to be undertaken on a company. Every member of
the group will be awarded the same marks.
Late Assignment:
Each homework assignment will be graded on a scale of 1 to 10. Late submissions will lose one
point per day late. The first day late will be defined as 10 minutes after the start of class in which
the assignment is due

COURSE CONTENTS:
Chapters

Chapter-1:

Topical Coverage
Definition of Tax,
Characteristics of Tax,
Objectives of Tax, Canons of
Taxation, Classification of Tax,

Case study/Review
Question/Exercise/Quiz

Schedule

(Introduction) Tax:
Definition, Feature
and Role

Chapter-2: Income
tax: Bangladesh
Context
Chapter -3:
Definition and
Characteristics of
Income and Capital
and Revenue
Receipts
Chapter-4:
Classification of
Income for Tax
Purpose and Tax
Holiday

Chapter-5: Assessee
and Residual Status

Chapter-6: Income
Tax Authorities
Chapter-7: Income
Year, Tax Year and
Tax Rate

Advantages of Direct Tax,

Disadvantages of Direct Tax,
Advantages of Indirect Tax,
Disadvantages of Indirect Tax,
Role of Tax in the Economic
Development of a Country, Tax
System of Bangladesh,
Definition of Income Tax,
Characteristics of Income Tax,
Arguments for and Against
Income Tax, Adverse Impact of
Income Tax, Role of Income Tax
in the Economic Development of
Bangladesh, Tax holiday Scheme,
Tax Holiday for Tourist Industry,
Definition of Income,
Characteristics of Income, Capital
and Revenue Receipts: Tests for
Differentiation, Distinguishing
Tests of Capital and Revenue
Expenditure, Total Income and
Total World Income,
Classification of Income, Non
assessable Income, Tax-Holiday
Scheme, Special Tax-exemption
Facilities,

Short Questions: 2-13

Analytical Questions:
1-5

Week 1

Short Questions: 1-5

Analytical Questions:
2, 4-5

Week 2

Short Questions: 1,3-6

Analytical Questions:
2, 5

Week 3

Short Questions: 10
Analytical Questions:
1, 4, 5(b), 6(a),

Week 4

First Term Exam as per university rules

Week 5 (one Class)

Presentation Week

Week 6

Definition of Assessee,
Classification of Assessee,
Classification of Assessee on the
Basis of Residential Status,
Methods of determining
Residential Status, Residential
Status of Company, Incidence of
Taxation or Effect of Residential
Status,

Illustration-1
Short Questions: 1, 2
Analytical Questions:
1, 2

Types of Income Tax Authorities,

Administrative Authorities-Their
Powers, Functions and
Responsibilities, Judicial
Authorities, Role of Higher Courts
(civil) in Income Tax Cases.

Short Questions: 1,2 , 9

Analytical Questions: 2,
3 (a), (b), 4,

What is meant by Assessment

Year, What is meant by Income
Year, Importance of Income
Year and Assessment year,
Procedure of Determining
Income and Assessment Year,
Minimum Taxable Limit, Tax
Rates, Tax Identification
Number (TIN): Sec 184 A and
B, 12 Digit TIN, Requirement of
TIN in Different Cases (Sec.
184 A & B)
Mid Term Exam

Short Questions: 1,2, 3

Analytical Questions:
1, 2, 3 (a), (b), (c), (d),
(e).

Week 5 (Two
Classes)

Week 7

Week 8
Illustration: Example 1,
Example 2.
Week 9 (One Class)

Presentation Week

Chapter-8: Tax
Assessment and
Collection

Chapter-9: Income
from Salary

Chapter-10: Income
from Securities

Week 10

Introduction, Assessment Meaning

and steps Procedure, Submission of
Return, Different Types of
Assessment, Universal SelfAssessment (Sec-82BB),
Provisional Assessment,
Emergency Assessment, Spot
Assessment, Time Limit for
Completing Assessment, Payment
of Tax Before Assessment,
Advantages of Government,
Advantages to the Assessee,
Disadvantages to the Government,
Disadvantage to the Assessee

Week 9 (Two
Classes)

Definition of Salary Under I.T,

Elements of Salary, House Rent
Allowance, Conveyance
Allowance, Entertainment
Allowance, Exclusion from
Salary Income, Provident Fund,

Illustration-1,
Illustration-3,
Illustration-4,
Illustration-5,

Classification of Securities,
Grossing up of Interest,

Illustration-1,
Illustration-2,

Week 11

Week 11

QUESTIONS PATTERN:
The Questions in the First Term, Mid Term and Final Term will follow different levels of Blooms
Taxonomy:

ATTENDANCE AND PUNCTUALITY (PAGE NO 23, IUBAT B ULLETIN)

It is very important and a basic requirement of the course to attend all classes or other class
meetings officially designated for this course.
You are also required to complete all assignments. IUBAT or I may make specific requirements
about attendance and class participations. I therefore, may assign a final F grade in the course
to you if you fail to meet any one of the requirements.
Only three absences in a course with acceptable reasons may be excused by the instructor in a
semester. Permission of the Dean is required to remain absent in three or more consecutive

classes for reasons beyond control (e.g. sickness) by you. Remaining absent in class in this
course without permission will be served with a notice of warning. Unexcused absences will lead
to reduced course grade, suspension from the course or dismissal from the course.
You must be punctual in attending classes. Coming late in a class will be penalized. Habitual late
comers may be suspended or dismissed from the course. Late submission of assignments etc.
will also be penalized by reducing the grade earned on the assignment.

ACADEMIC OFFENSES (PAGE NO 24 IUBAT BULLETIN)

The students and faculty are jointly responsible for the academic standards and reputation of the
university. It is well recognized that intellectual honesty is the basic requirement for
development and acquisition of knowledge. Intellectual honesty is a pre-requisite for continued
membership in the university community.
Forms of intellectual dishonesty are plagiarism, cheating in examinations, aiding and abetting
cheating, and use of assignment prepared by others, impersonation of another student at an
examination, misrepresentation of information, falsification of academic records, and unruly
behavior with instructor.If a student is detected by the instructor in committing academic offense,
it may result in an F grade for the course or even dismissal of the student from the university.

DRESS AND BEHAVIORAL CODE FOR STUDENT

For male students:
Trouser and full/half sleeve shirts with necktie, T-shirts with collar/golf shirt, Suit, Blazer,
Sweater, Jacket, and Muffler in winter. Shawl not allowed. Polished shoes, Sandal/Sandal shoes
are not allowed, Clean shaved (if not keeping beard and/or mustache), Decent haircut, Wearing
ID while in the campus.
Presentation attires are strictly to be maintained to Suit, Tie, Dress Slacks and Dress Shirt
Shirt/T-shirt (with collar)/golf shirt (with collar) to be tucked in
Dress code may be relaxed for National days and ceremonial occasions.

For female students:

Salwar, Kamiz and Scarf (up-to-date, preferably cotton), Saree (professional attire not in class),
Jeans, Kurta, Scarf, Skirt, Top, Scarf, Sweater, cardigan, Jacket, Muffler. Shawl not allowed
Shoes or Sandal shoes with belt and low heel. Sandals not allowed, properly tied up hair, Limited
jewelry and make-up, Wearing ID card while in the campus. Clothing should not be revealing or
tight.
Professionally worn Saree and Selwar-Kamiz will be the presentation/ defense dress-code for
girls.
Saree and Selwar-kamiz should be solid in print and cotton.
The colors are: Black, White, Blue, and Gray.
Behavioral Code:
Speak in English all the time in IUBAT campus.

Do not talk loudly and make noise.

Do not run around or use offending words or impolite language to anyone.
Ragging is strictly forbidden in or outside the campus.
Smoking in the campus is prohibited by law.

Last but not the least:

Additional classes are always encouraged from both the parties to catch up things that take more
time to comprehend. It is your responsibility to attend the extra class when announced.
________________________________
()
Faculty, CBA
IUBAT
N.B.: Course instructor reserves the right to make any changes on the above if necessary.