Home > Courses > Law > FIN623

FIN623 : Taxation Management

Course Overview

Course Synopsis

This course comprises of theoretical and numerical concepts of Tax Laws prevailing in Pakistan. In this course you will learn the heads of income, statutory definitions, exemptions, tax return and sales tax. This course will help you in understanding the tax laws and will enable you to understand the practical implications of tax laws. It will serve as a tool in developing the basic understanding of theoretical knowledge. This course develops vivid perception and interpretation skills regarding tax structure and tax laws in Pakistan. The students will be able to make effective taxation management strategies.

Course Learning Outcomes

At the end od the course, you should be able to:

  • Understand the basic principles of Tax Laws
  • Understand the application of Tax Laws
  • Prepare the income tax return
  • Make effective use of tax credits and exemptions
  • Basic features and application of Sales Tax in Pakistan


Course Calendar

1 An Overview of Taxation
2 An Overview of Taxation (Contd...)
3 An Overview of Taxation (Contd....)
4 Basic Features of Income Tax
5 Statutory Definitions
6 Important Definitions
7 Determination of Legal Status of a Person
8 Scope of Income/Concept
9 Heads of Income (Section 11)
10 Heads of Income (Section 11) (Contd...)
11 Heads of Income (Section 11) (Contd....)
12 Heads of Income (Section 11) (Contd.....)
Quiz 01
13 Heads of Income (Section 11) (Contd......)
14 Residential Status & Taxation
15 Residential Status & Taxation (Contd...)
16 Residential Status & Taxation (Contd....)
Assignment 01
17 Residential Status & Taxation (Contd.....)
18 Residential Status & Taxation (Contd......)
Mid-Term Exams
19 Exercises on Residential Status & Taxation
20 Exercises on Residential Status & Taxation (Contd...)
21 Salary and its Computation
Quiz 02
22 Salary and its Computation (Contd...)
23 Salary and its Computation (Contd....)
24 Salary and its Computation (Contd.....)
25 Salary and its Computation (Contd......)
26 Exercises on Salary and its Computation
27 Exercises on Salary and its Computation (Contd...)
28 Exercises on Salary and its Computation (Contd....)
29 Salary and its Computation Gratuity
30 Salary and its Computation Gratuity Received under Sixth Schedule
GDB 01
31 Salary and its Computation Provident Fund & Income from Property
32 Income from Business & its Computation
33 Income from Business & its Computation (Contd...)
Quiz 03
34 Income from Business & its Computation (Contd....)
35 Income from Business & its Computation (Contd.....)
36 Income from Business & its Computation (Contd......)
37 Income from Business & its Computation (Contd.......)
38 Capital Gains
39 Capital Gains (Contd...)
40 Tax Returns & Assessment of Income & Universal Self Assessment Scheme
41 Tax Returns & Assessment of Income & Universal Self Assessment Scheme (Contd...)
42 Advance Tax, Collection & Recovery of Tax and Penalties & Prosecution
43 Sales Tax
44 Sales Tax (Contd...)
45 Sales Tax Returns
Final Term Exams