ZeePedia buy college essays online


Taxation Managment

<<< Previous RESIDENTIAL STATUS & TAXATION 2 Next >>>
 
img
Taxation Management ­ FIN 623
VU
MODULE 5
LESSON 5.15
RESIDENTIAL STATUS & TAXATION
Residential Status and Taxation Rules Governing Resident Individual:
A day of leave including sick leave
A day that individual's activity is stopped because of strike etc
A holiday spent in Pakistan
Rules Governing Resident Individual
 Part of day shall be counted as a whole day, for example day of arrival or day of departure
 Following days shall be counted as whole day:
 A Public Holiday
Residential Status of "Association of Person"
Under the law a Firm, HUF, etc. are placed under the head AOP.
Control and management of affairs of AOP is situated wholly or partly in Pakistan.
Theory of Control and Management
 If Control and Management of affairs of a company lies in Pakistan, it is Resident Company, even if
not incorporated in Pakistan.
 Control & Management refers to management of vital affairs/Policy Making Decisions of the
company.
22
Table of Contents:
  1. AN OVERVIEW OF TAXATION
  2. What is Fiscal Policy, Canons of Taxation
  3. Type of Taxes, Taxation Management
  4. BASIC FEATURES OF INCOME TAX
  5. STATUTORY DEFINITIONS
  6. IMPORTANT DEFINITIONS
  7. DETERMINATION OF LEGAL STATUS OF A PERSON
  8. HEADS OF INCOME
  9. Rules to Prevent Double Derivation of Income and Double Deductions
  10. Agricultural Income
  11. Computation of Income, partly Agricultural,
  12. Foreign Government Officials
  13. Exemptions and Tax Concessions
  14. RESIDENTIAL STATUS & TAXATION 1
  15. RESIDENTIAL STATUS & TAXATION 2
  16. Important Points Regarding Income
  17. Geographical Source of Income
  18. Taxation of Foreign-Source Income of Residents
  19. Exercises on Determination of Income 1
  20. Exercises on Determination of Income 2
  21. SALARY AND ITS COMPUTATION
  22. Definition of Salary
  23. Significant points regarding Salary
  24. Tax credits on Charitable Donations
  25. Investment in Shares
  26. SALARY AND ITS COMPUTATION EXERCISES 1
  27. SALARY AND ITS COMPUTATION EXERCISES 2
  28. SALARY AND ITS COMPUTATION EXERCISES 3
  29. Tax treatment of Gratuity
  30. Gratuity Exercise
  31. PROVIDENT FUND
  32. Exemptions on Business income, Treatment of Speculation Business
  33. Deductions Allowed & Not Allowed
  34. Deductions: Special Provisions, Depreciation
  35. Methods of Accounting
  36. Taxation of Resident Company
  37. Taxation of Companies: Exercises
  38. Computation of Capital Gain
  39. Disposals Not Chargeable To Tax
  40. TAX RETURNS & ASSESSMENT OF INCOME UNIVERSAL SELF ASSESSMENT SCHEME
  41. Normal Assessment, USAS, Provisional Assessment, Best Judgment Assessment
  42. ADVANCE TAX COLLECTION & RECOVERY OF TAX PENALTIES & PROSECUTION
  43. What is Value Added Tax (VAT)?
  44. SALES TAX
  45. SALES TAX RETURNS