• Kunal Jagtap
• Shivam Gaikwad
• H. R. Kulkarni
• Rashmi Sinha

The present study examines the practical application of accounting and taxation practices through On-the-Job Training (OJT) undertaken at a Chartered Accountancy firm in Pune. In a rapidly evolving regulatory environment characterized by frequent amendments in tax laws and increasing digitization, practical exposure has become essential for developing professional competence among commerce and management students. The study adopts a descriptive research design based on observation, interaction with professionals, and analysis of accounting and taxation activities handled during the training period. Statistical tools such as percentage analysis and graphical representation have been used to analyze the data. The findings reveal that practical training significantly improves accounting accuracy, statutory compliance, and professional skill development. The study concludes that structured OJT programs play a vital role in bridging the gap between theoretical knowledge and professional practice.

Accounting Practices, Taxation, GST, Income Tax, On-the-Job Training, Compliance

"A STUDY ON PRACTICAL APPLICATION OF ACCOUNTING AND TAXATION PRACTICES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.13, Issue 1, page no.427-432, January-2026, Available :http://www.jetir.org/papers/JETIRHG06044.pdf

"A STUDY ON PRACTICAL APPLICATION OF ACCOUNTING AND TAXATION PRACTICES", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.13, Issue 1, page no. pp427-432, January-2026, Available at : http://www.jetir.org/papers/JETIRHG06044.pdf