Business Taxation

𝐁𝐔𝐒𝐈𝐍𝐄𝐒𝐒 𝐓𝐀𝐗𝐀𝐓𝐈𝐎𝐍 𝟐𝟎𝟐𝟕
𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐥𝐞𝐬 𝐨𝐟 𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧
𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝟔𝟎𝟎 𝐌𝐂𝐐𝐬
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Prepared (Up to Tax Year 2026) By: Khalid Petiwala
Updated (For Tax Year 2027) By: Zahid Anwar
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𝐈𝐍𝐂𝐎𝐌𝐄 𝐓𝐀𝐗
• Basic Concepts & Definition
• Income Tax Rates, Rebates and Deductions
• Salary
• Employee Share Scheme
• Salary Tax on Tax
• Share of Profit from Association of Persons (AOP)
• Income from Property
• Capital Gain
• Income from Other Sources
• Income Tax Practical Questions of Individuals
• Business Income: Basic concepts
• Tax Depreciation, Amortisation & Pre-Commencement Expenditure
• Business expenditures inadmissible
• Business Income: Other Aspects
• Profit on Debt, Lease Rentals & Thin Capitalization
• Losses and Rebates
• Final Tax Regime (FTR) and Minimum Tax Regime (MTR)
• Practical Questions - Business Income other than FTR & MTR
• Return of Income, Assessments and Appeals
• Advance Income Tax
• Section-Wise Income Tax Important Notes
• Wealth Statement and Reconciliation
𝐒𝐀𝐋𝐄𝐒 𝐓𝐀𝐗
• Sales Tax Notes
• Sales Tax Practical Questions & Answers