Documente Academic
Documente Profesional
Documente Cultură
On
Submitted to : Prepared by :
Md. Ziaul Islam Mehedi Hassan
Lecturer Class Roll-3060
Department of Accounting N.U. Roll-8014077
Jessore Cantonment College. Jessore. N.U. Reg. No.- 2016859
Session: 2011-2012
Department of Accounting
Jessore Cantonment College. Jessore.
Department of Accounting
Jessore Cantonment College. Jessore.
Date of Submission :
Date :
To
Md. Ziaul Islam
Lecturer
Department of Accounting
Jessore Cantonment College. Jessore.
Dear sir,
It is a great pleasure for me to submit the term paper on portfolio Investment on
Assessment Procuder of An Individuals for the partial fulfillment for the Degree
Bachelor of Business Administration.
Although the Preparation of the study was not an easy task for me .I enjoyed the
challenge and tried to face the Problems with patience .This study gave me a read life
experience and open my eyes to the actual business environment .It helped me in
gathering various aspects of knowledge a business and its regular operation.
I have provide my best effort to pre pare this report I hope my Term paper will meet
your expectation . However if you need any clarification from any part of this report
then please let me know about it and I will try my best to make that understandable.
Your truly
Mehedi Hassan
Class Roll-3060
N.U. Roll-8014077
N.U. Reg. No.- 2016859
Session: 2011-2012
Department of Accounting
Jessore Cantonment College. Jessore.
I hare by declare that the Term Paper namely Assessment Procuder of An
Individuals by me after the completing inspection.
I also declare that this s my original worked and prepared for academic
purpose hich is a part ot BBA and the paper may not be used in actual information.
Prepared by:
Mehedi Hassan
Class Roll-3060
N.U. Roll-8014077
N.U. Reg. No.- 2016859
Session: 2011-2012
Department of Accounting
Jessore Cantonment College. Jessore.
I here by declare that the report of term paper namely Assessment Procuder of An
Individuals is an original work by Mehedi Hassan, A student of BBA (Hons).
Department of Accounting Jessore Cantonment College, Jessore has completed
his term paper under my supervision and submitted for the partial fulfillment of the
requirement of the degree Bachelor of Business Administration BBA at Jessore
Cantonment College, Jessore.
........................
Md. Ziaul Islam
Lecturer
Department of Accounting
Jessore Cantonment College. Jessore.
Table of content
Sl No Particular Page No.
Chapter-1
1.1 Introduction
1.2 Defination Of Tax
1.3 Characteristics of Tax
1.4 Assertain The Position of Cannons of Taxes In Tax
System of Bangladesh
Chapter-2
2.1 Defination Of Assessment
2.2 Assessment Cycle Tax
2.3 Assessment Proceuder
2.4 Tax Audit
Chapter-3
3.1 Scople And Sources Of Total Income
3.2 Form of return of individuals :
3.3 A specimen from for the computation of investment
allowance or tax credit income.
3.4 From for Computation of tax liability
3.5 Determine The Total Income And Tax Liability Of Mr.
Hasan From The Following Particulars Relating To
Income Year Ended On 30 June,2014.
Chapter-1
1.1 INTRODUCTION :
The Assessment Procedure Is An Instruction And Contains Exact Statements
For Each Individual Assessment The Individual Assessment Steps Are Dfined
Here. Also Defined Are The Expected Assessment Results As Well As The
Regulations About Assessment Preparation And Post Processing The
Assessment Procedure Is Generated For ExceutableObjects To Be Assessd,
l.E, For The System, Segments,Hw Units And Sw Units, For Sw Components,
Sw Modules And Databases. Physically, The Assassment Procedure Can Be
Maintained For These Objects To Be Assened Together With The
Corressponding Assessment. Assessment Is A Mechanism For Providing
Their Teaching Methods And For Guiding And Motivating Students To Be
Activelly lnvbolved In There Own Learning. Tax Assessment And Collection
Are Two lmportanr Functions Of Tax Authorities. Clarity And Simplicity Of
Tax Assessment And Efficiancy Of Tax Collection Ensure Better Performance
Of Tax Authority. Indirectly It Can Be Said That Sound Assessment
Procuder And Collection Policy Gnerate Sufficient Tax Revenue For The
Government.
(3) Principle Of Covenience This Canon Takes Into Consideration The Interest
Of The Taxpayer From The View Of Payment Of Tax. It Emphasizes That The
Mode And Timings Of The Tax Payment Should Be, So Far As Possible,
Convenient To The Tax-Payer. This Canon Recommends That Unnecessary
Trouble To The Tax-Payer Should Be Avoided, Otherwise Various IIl-Eff May
Result.
In The Above Context, It Needs To Be Kept In Mind That The Tax Structure Is
A Part Of The Economic Organization Of A Society And Should, Therefore,
Fit In Its Overall Economic Philosophy. Tax System That Satisfies This Basic
Canon Can Be Termad A Good One.
Chapter-2
2.1 Defination Of Assessment
Assessment Is More Than Grades To Many,The Word Assessment Simply
Means The Process By Which We Assign Students Grades. Assessment Is
Much More Than This, However, Assessment Is A Mechanism For Providing
Instructors With Data For Improving Their Teaching Methods And For
Guiding And Motivating Students To Be Actively Involved In Their Own
Learning. As Such, Assessment Provides Important Feedback To Both
Instructors And Students. Tax Assessment And Collection Are Two lmportanr
Functions Of Tax Authorities. Clarity And Simplicity Of Tax Assessment And
Efficiancy Of Tax Collection Ensure Better Performance Of Tax Authority. In
This Chapter.
100
(3) Profit from Islami Bank (Interest received ) *
90
Actual investment
Maximum limit: 30% of total income less employers contribution
*
to recognised provient fund and interestorTk. 1,50,00,000 lower one
Lower one of actual investment and maximum limit of investment is
*
investment allowance or tax credit income. *
3.4 From for Computation of tax liability
Particulars Tk Tk
First Tk. .2,20,000 of total income 0% - -
Next Tk. 3,00,000 of total income 10% *
Next Tk. 4,00,000 of total income 15% *
Next Tk, 00.000 of total income 20% *
Next Tk. 30,00,000 of o income 25% *
Balance of total income 30% *
*
Total Tax
*
Less: Rebate on tax free income (tat free income x average tax rate)
*
*
Less: Tax rebate on investment (Approved investment x 15%)
*
Tax Liability
Less: Tax paid:
(i) Tax deducted at source *