Business-Corporate-Laws

INCOME TAX: APPELLATE TRIBUNAL INLAND REVENUE & Its FUNCTIONS

Question: Discuss the composition of “APPELLATE TRIBUNAL INLAND REVENUE”, what are the functions performed by it? Answer:  APPELLATE TRIBUNAL INLAND REVENUE: APPELLATE TRIBUNAL INLAND REVENUE is the second court of appeal. The Federal Government is the appointing authority of the APPELLATE TRIBUNAL. The taxpayer or the Commissioner Inland Revenue, if not satisfied with the decision of the Commissioner Inland Revenue …

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BUSINESS TAX: INCOME FROM BUSINESS [Section – 18]

Income From Business     (section .18) Fully Taxable Income 1.        Income from fish forming business/ XXX 2.       Fish catching business  XXX 3.       Royalties on professional books XXX 4.       Income from sale of timber  XXX 5.       Income from poultry farm XXX 6.       Taxable income from foreign country XXX 7.       Rent of furniture & fitting XXX 8.       Income from fruit processing unit setup in …

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Calculations of INCOME FROM PROPERTY (SECTION. 15)

INCOME FROM PROPERTY (SECTION. 15) From the tax year 2014, Income from property will be taxable under normal tax structure even if the rental income is less than Rs.15000. 1st Calculate Rent Chargeable To Tax (RCT) 1.      Rental income from property xxxx 2.      Income from property xxxx 3.      Taxable income from gift property *  xxxx 4.      For feted amount …

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INCOME TAX : List of All Amounts Completely Exempted under INCOME FROM SALARY

 List of All Amounts Completely Exempted under INCOME FROM SALARY Amounts that are completely EXEMPTED under the head income from salary 1.      Training course fee paid by employer 2.      Hotel bills for official duties 3.      Fee for refresher course paid by employer 4.      Expenditure on entertainment facility during official duty 5.      Pick & drop Facility provided by employer 6.      Entertainment …

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INCOME TAX : INCOME FROM SALARY – [SECTION – 12]

INCOME TAX : INCOME FROM SALARY – [SECTION – 12] Ch.Zain & Zubair Tax year 2016 Tax year Ended: 30-06-2016 Residential Status: Resident Computation of tax payable Income From Salary (Section-12) 1.     Basic salary xxxx 2.  Bonus xxxx 3.   Commission xxxx 4. Cost of dearness allowance xxxx 5.  Cost of living allowance xxxx 6. Cost of overseas allowance xxxx 7. …

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2011-ACCA-F4- CORPORATE AND BUSINESS LAW- STUDY TEXT – by BPP

2011-ACCA-F4–STUDY TEXT  – CORPORATE AND BUSINESS LAW–  by BPP Now you can download or read-online an excellent book  namely, “2011-ACCA-F4–STUDY TEXT- CORPORATE AND BUSINESS LAW–  by BPP” .  To Download or Read On-line, Complete List of  ACCA BOOKS Click here Brief Information about the Book Book Name 2011-ACCA-F4-STUDY TEXT – CORPORATE AND BUSINESS LAW Writer(s) / Publisher BPP Paper F4 Format Pdf Size 10 MB Pages READ …

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BLE-403: CORPORATE LAWS and SECRETARIAL PRACTICES- Study Text by ICMAP

BLE-403: CORPORATE LAWS and SECRETARIAL PRACTICES– Study Text by ICMAP Now you can download or read-online an excellent book  namely, “BLE-403: CORPORATE LAWS and SECRETARIAL PRACTICES- Study Text” written by,”ICMAP” .  To Download or Read On-line, Complete List of  ICMAP BOOKS Click here Brief Information about the Book Book Name BLE-403: CORPORATE LAWS and SECRETARIAL PRACTICES Writer(s) ICMAP Semester 4 Format Pdf Size 45 MB …

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BLE-203: Commercial Laws and Professional Ethics- Study Text by ICMAP

BLE-203: Commercial Laws and Professional Ethics- Study Text by ICMAP Now you can download or read-online an excellent book  namely, “BLE-203: Commercial Laws and Professional Ethics – Study Text” written by,”ICMAP” .  The book covers:  Chapter No.01: Introduction to Legal System of Pakistan Chapter No.02: The Contract Act, 1872 Chapter No.03: Sale of Goods Act, 1930 Chapter No.04: Partnership Agreement Chapter No.05: Negotiable Instrument Act, 1881 Chapter No.06: Factories …

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