Commerce Lab

COMMERCE LAB ACTIVITIES

Commerce Lab aims at stressing the importance of  practical application of knowledge gained through theory. It helps students and staff members aware of the latest developments in the business World. Commerce Lab helps in developing entrepreneurial capabilities and personality development among the students.

  • .Practical orientation to students on matters relating to Banking, Insurance, Taxation, E-marketing, Foreign Trade, Corporate affairs, Stock exchange, online filling of Various Forms, Bank Challans, GST details, Finance, HR, Auditing etc.
  • Display photos of the successful business icons.
  • Preparation of Charts, Models, News Letters by students for display for eg. ATM Machine Models, Marketing Model.
  • Online entry of forms / IT Returns – ITR1, ITR2 etc.,
  • Students are asked to fill different kinds of Forms as part of their assignment making them aware of rules and regulations of such forms. For eg. Forms used in banks, Pay-in-slips, Account opening Form, Deposit and withdrawal forms, Debit, Credit, ATM cards, insurance forms, forms at Tax Department, NEFT, RTGS forms etc.,
  • .Prospectus, Share Certificates, Debenture Certificate, Memorandum of Association, Articles of Association, Annual Reports, Director/Chairman’s Reports, Audited Balance Sheets, Profit and Loss Accounts etc., of the various companies, which help students to study, compare, evaluate and analyze the financial position are kept.
  • Consumer Forum Forms for dealing with consumer redressals.
  • Financial Bills like Bills of Exchange, Promissory Notes, Quotations, D.D. Cheques, counter foil, Correspondence etc, are kept.
  • Prospectus regarding Professional Educational Courses like CA, ICWA, CS, MBA, PG & other Higher Educational Courses are displayed to help them to choose the courses of study.
  • Students are taught e-filling of income tax returns.
  •  Preparation of charts by students on commerce related topics.
Names for Commerce Lab:
  • Ayesha (B.com) 3C
  • Chinmaye(B.Com)3D
  • Ishika(BBA) Final Year
  • Saranya(B.Com) 3A

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