Riaz Academy
Income From Business (section .18)
![INCOME FROM BUSINESS [Section - 18]](https://3.bp.blogspot.com/-V-dYl3xA0q0/WJxy9F5D8eI/AAAAAAAACH0/017VX6Oj_XgA9w7yWWbkBHyAhNEst9iBwCLcB/s1600/income-from-business-and-profession-1-638.jpg "INCOME FROM BUSINESS [Section - 18]")
Fully Taxable Income
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1. Income from fish forming business/
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XXX
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2. Fish catching business
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XXX
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3. Royalties on professional books
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XXX
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4. Income from sale of timber
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XXX
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5. Income from poultry farm
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XXX
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6. Taxable income from foreign country
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XXX
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7. Rent of furniture & fitting
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XXX
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8. Income from fruit processing unit setup in Punjab
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XXX
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9. Income from stud farm
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XXX
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10. Income from year business
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XXX
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11. Profit from speculation business XXX
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Less: loss from speculation XXX
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XXX
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12. Income from business (UK) XXX
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Less: loss from Pakistan source income XXX
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XXX
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INCOME FROM BUSINESS TOTAL EXEMPT
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1. Income from fruit processing unit setup august 2014
In Baluchistan (exempt for 5 year)
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XXX
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2. Income from export of computer software
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XXX
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3. Income from network design
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XXX
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4. Income from fruit processing unit setup in FATA (Exempt for 5 years)
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XXX
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