Certificate in Taxation Laws Course Diploma

• At least Intermediate

1. Introduction To Taxation.
2. History Of Taxation System
3. Evolution Of Tax Laws

• Constitution & Tax Laws

1. 18^th Amendment And Provincial Taxes
2. Overview Of Taxes .
3. Types Of Taxes
4. Contributor To State Revenues

• Objectives Of Taxation

3. Important Concept In Taxation.
4. Tax Year
5. Financial Year

• Types Of Persons

1. Tax Regimes
2. Apportionment Of Income & Expenses
3. Form-181
4. Registration Under National Tax Number.

1. Definition Of Income
2. Section 114 & 115
3. Definition Of Individual, Aop & Company
4. Five Heads Of Income
5. Income From Salary
6. Income From Property
7. Income From Business
8. Income From Capital Gain
9. Income From Other Sources
10. Introduction To Each Head Of Income
11. Key Definitions Pertaining To Each Head Of Income
12. Deductions & Tax Reductions Allowed And Deduction Not Allowed.
13. Practical Demonstration Of Filing Of Return Of Income.

Section 148 & Section 154 Of The Income Tax Ordinance,2001

1. Practical Demonstration To File Return Of Income For Exporter/ Importer
2. Calculation Of Imputable Income
3. Apportionment Of Income & Expenses Related To Exports And Local Sales.

Filing Of Withholding Tax Statement

1. Introduction To Final Tax Regime
2. Brief Account On Section

• Section 153
• Section 156
• Section 156a
• Section 233
• Section 152a
• Section 236a
• 236ha

3. Assessment And Dealing With Statutory Notices

• Notice U/S176 & 177
• Best Judgment Assessment
• Amendment In Assessment
• Filing Of An Appeal Before Cir(Appeals)
• Preparing Memo Of Appeal

1. What Is General Sales Tax
2. Background Of Sales Tax And Sales Tax Act,1990
3. Important Concepts Regarding Sales Tax

• Output Tax
• Input Tax
• Further Tax
• Extra Tax
• Residual Tax
• Tax Fraction
• Apportionment Of Input Tax
• Provisional Adjustment
• Final Adjustment
• Minimum Value Addition
• Difference Between Exempt & Zero Rated

1. Sales Tax Return Form
2. Section 2 Definitions
3. Persons
4. Wholesaler
5. Manufacturer
6. Retailer
7. Importer

• Charging Of Sales Tax
• Sales Tax On Imported Goods
• Sales Tax On Production Capacity And Fixed Basis
• Sales Tax On Retail Price
• Sales Tax On Goods Mentioned In 8^th Schedule
• Sales Tax On Goods Mentioned In 9^th Schedule
• Registration Under Sales Tax Act,1990
• Sales Tax Withholding Rules.

Certificate in Taxation Laws Course Diploma

In Microtech Institute this course of Certificate in Taxation Laws Course Diploma under the Business Courses, This course is specially designed for the people who want to start their career as Tax Consultant or they seek any job in industry in the Accounting Finance or Tax Department.  Taxation is key for success of business. People having education levels of Intermediate, Graduation, Post Graduation, LLB, Teachers, Freelancers, exporters and online sellers will have much benefit from this course as they will be able to handle every taxation matter themselves.

These topics shall be covered under this course:

Course 1: Income Tax: Fundamentals and Tax Regulatory Environment in Pakistan

– Tax Regulatory Environment for Business in Pakistan
– Income Tax: Basic Terms and Concepts
– Scope of Income Tax Law in Pakistan
– Income Tax Regimes: Normal, Minimum, Final and Exempt Incomes
– Geographical Source of Income
– Principles of Taxation for Individuals, AOPs and Corporates
– Mechanism of Tax Collection
– Withholding Taxes – Taxpayers’ Perspective
– Mechanism of Tax Computation: Overview

Course 2: Heads of Income and Their Tax Treatment

– Income from Salary
– Income from Property
– Business Income
– Capital Gains
– Income from Other Sources
– Income Taxed under Separate Block

Course 3: Income Tax Compliance: Registration, Enrollment, Filings and Records

-Total Income and Allowable Deduction
– Determination of Tax Liability
– Tax Credits and Reductions
– Tax Treatment of Losses
– Registration and E Enrollment and Filings with FBR
– Structure and Contents of Income Tax Return
– E-Filing Process and E- Payments
– Withholding Taxes – Agents’ Perspective
– Corporate Income Tax – Detailed Look and Group Taxation
– Tax Accounting and Mandatory Records

Course 4: Determinants and Consequences of Non Compliance

– Ethics & Compliance
– Professional Ethics: Concepts of confidentiality, integrity, competence and professional care
– Tax evasion Vs. avoidance
– Record, Notices, Investigation and Audits · Assessments
– Offences, penalties and default charge
– Appeal Channels and Alternate Dispute Resolution
– Recovery of Tax
– Overview of Online Services by FBR
– FBR Complaints Forums
– Federal Tax Ombudsman