Riaz Academy

Federal Board of Revenue (FBR) Powers and Functions Question: Define “Federal Board of Revenue”; explain its powers and functions in detail. Answer: Federal Board of revenue (FBR) Introduction The old name of federal board of revenue (FBR) is central board of revenue (CBR). Income tax ordinance, 2001 uses the word ‘Board’ for FBR and CBR. Board is the highest tax authority …

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 …

Cost Accounting – B.COM-II– PAST PAPERS READ ONLINE DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to Download Note: IF you are unable to find any particular book or novel online, you can simply …

Advanced Accounting – B.COM-II– PAST PAPERS    READ ONLINE  DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to Download Note: IF you are unable to find any particular book or novel online, you can …

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 …

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 …

 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 …

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. …

Lecture 3: Subtraction of Whole Numbers Learn Basic College Mathematics In this lecture you will learn about Subtraction of Whole Numbers.

Lecture 2:  Addition of Whole Numbers Learn Basic College Mathematics In this lecture you will learn about addition of  Whole Numbers

Lecture 1: Introduction of Whole Numbers Learn Basic College Mathematics In this lecture you will learn about Whole Numbers.

CIVICS– FA-II– PAST PAPERS     DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to Download Note: IF you are unable to find any particular book or novel online, you can simply leave a …

Business Stat (BS) – I.COM-II– PAST PAPERS     DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to Download Note: IF you are unable to find any particular book or novel online, you can simply …

Business Mathematics (BM) –  I.COM-II– PAST PAPERS     DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to Download Note: IF you are unable to find any particular book or novel online, you can …

Principles of Banking (POB)  –  I.COM-II– PAST PAPERS    READ ONLINE  You are Viewing:- Principles of Banking (POB) I.COM-II  Please wait a Moment to Load  DOWNLOAD FROM THE FOLLOWING LINKS But before Download, Please Like us  on Facebook and Share this book on your social media, so that you can be informed about new future Posts. Media-Fire Links  :  Click Here to Download User-Cloud Links:  Click Here to …