I have taken commerce with accountancy and CS. Am I eligible to study B.Com taxation?

Basically, your question is not clear. Still what I interpret is you are from commerce background and you want to go for B.Com along with some specialisation in taxation. So this can be done on your part. B.Com as for graduation is meant for commerce people interested in accounting and taxation and on that if you go for some specialisation in taxation that is going to be a good combination. You can also prepare for government exams of income tax authorities.

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