Business Taxation: Sections 54, 55 & 56 of the Income Tax Act 2023

Business Taxation: Sections 54, 55 & 56 of the Income Tax Act 2023 | 13 December

IFA Bangladesh webinar: Business Taxation: Sections 54, 55 & 56 of the Income Tax Act 2023

Conducted in Bengali, this webinar focuses on the critical updates and practical applications of Sections 54, 55, and 56 of the Income Tax Act 2023, which pertain to business taxation. Understanding these sections is essential for ensuring compliance and optimizing tax strategies. The workshop will cover key aspects of these sections, including recent changes, implementation strategies, and best practices. This session is particularly relevant for tax professionals, accountants, and business owners who need to navigate the complexities of business taxation. Alii Aqbour Chowdhury's expertise will provide valuable insights, enhancing participants' proficiency in managing business tax obligations effectively.

The webinar will cover:

Objectives and importance of Sections 54, 55, and 56
Key updates and recent changes in business taxation
Detailed explanation of Sections 54, 55, and 56
Common pitfalls and how to avoid them
Real-world scenarios to illustrate the application of the updated rules
Strategies for compliance and optimization
Q&A session for participant questions and clarifications

Who is this presentation/workshop for?

This presentation/workshop is designed for tax professionals, accountants, and business owners with a good working knowledge of tax regulations. It is particularly relevant for those involved in small businesses and practices who need to understand and implement the recent changes to Sections 54, 55, and 56 of the Income Tax Act 2023 to ensure compliance and optimize their tax management processes.

Mode of delivery: Bengali

Date: Friday 13 December 2024
Time: 3:00 - 5:00pm (Dhaka time) | 9am - 11am (UK time)
CPD hour: 2
Price: Free

About the speaker

Alii Aqbour Chowdhury FCPA, FIPA, FFA, FAIA, ACMA, LL.B, ITP

Alii Aqbour Chowdhury is a highly skilled tax accountant specializing in Bangladeshi tax and VAT law, international tax law, double taxation agreements, and relevant domestic tax regulations. He offers practical guidance to businesses both locally and internationally, providing expertise in trade expansion and local tax advice.

As the principal consultant of A Aqbour Chowdhury & Co. and the academic director of CPA Bangladesh, Alii plays a crucial role in shaping the tax landscape.

He is also actively mentoring individuals pursuing the ADIT (Advanced Diploma in International Taxation) qualification offered by the Chartered Institute of Taxation (CIOT), UK. Alii holds multiple degrees, including Honours and a Master's in Accounting, a Bachelor of Laws (LL.B), and a Post-Graduate Diploma in Tax Management from the University of Dhaka. His credentials include being a Certified Public Accountant, Cost and Management Accountant and Income Tax & Corporate Lawyer. He is a fellow of the Institute of Financial Accountants (IFA, UK), the Institute of Public Accountants (IPA, Australia), the Association of International Accountants (AIA, UK), and CPA Bangladesh. Additionally, he is a member of the Chartered Institute of Public Finance and Accountancy (CIPFA, UK), the Association of Certified Fraud Examiners (USA), and the Institute of Cost Accountants of India.

Alii is also the visionary founder and developer behind eTaxReturn.com.bd, the leading online tax return preparer in Bangladesh, as well as TaxAdviser.com.bd, a premier platform for tax advisory services. With an impressive track record and a comprehensive understanding of local and international tax regulations, Alii Aqbour Chowdhury remains at the forefront of tax consulting, delivering valuable insights to businesses and individuals alike.

CPA Bangladesh

CPA Bangladesh is a premier institution focusing on developing internationally accredited accounting and tax professionals in Bangladesh. The institution is an Academic Institutional Member of the International Association for Accounting Education and Research (IAAER) and receives support from The Institute of Financial Accountants (IFA), UK.

The institution is recognized as a centre of ATHE, a globally regulated awarding organization regulated by Ofqual, UK Government. Moreover, it is an endorsed training provider of IFA-UK, a full member of the International Federation of Accountants (IFAC). This allows CPA Bangladesh to provide the IFA Direct Programme and IFA-endorsed Post Graduate Qualifications (CPA Programme) in the country. These qualifications facilitate direct membership of two IFAC Member Bodies, IFA (UK) and IPA (Australia). Additionally, CPA Bangladesh proudly serves as a course provider for the esteemed ADIT (Advanced Diploma in International Taxation) qualification offered by the Chartered Institute of Taxation (CIOT), UK.