ITT Training Content

CTP (Certified Tax Practitioner)

⮚ Income Tax Registration

⮚ Income Tax Laws

⮚ Income Tax Returns

o Salaried

o Business Individual

o AOP

o Corporate

SECTIONS & Laws

2 Definitions
4 Tax on taxable income
9 Taxable income
10 Total income
11 Head of Income
12 Salary
15 Income from property
18 Incomes from business
22 Depreciation
37 Capital Gains
37A Capital gain on disposal of securities
39 Income from other sources
40 Deduction in computing income chargeable under the head “income from other sources”
41 Agriculture Income
56 Set off losses
57 Carry forward of business losses
58 Carry forward of speculation business losses.
59 Carry forward capital losses
113 Minimum Tax on income of certain persons
114 Return of income
114A Taxpayer’s profile
115 Persons not required to furnish a return of income
116 Wealth Statement
116A Filing income and asset statement
117 Notice of discontinued business
118 Method of furnishing returns and other documents
122A Revision by the commissioner
122B Revision by the legal commissioner
122D Agreed Assessment in certain cases
181 Taxpayer registration
181A Active Taxpayer list
148-156 Withholdings
231-236 Advance Tax
60 Deductable allowances
61-63 Tax credits
74 Tax Year
81-84 Resident and non-residence individual, AOP & Company
113C ACT
147 Advance Tax

Income Tax Notices Compliances

Appeals & Authorities

127 Appeal to the Commissioner (Appeals)

128 Procedures in Appeal
Notices

176 Notice to obtain information /evidence

221 Rectification of Mistakes
114(4) Fail to furnish tax return
181 Taxpayers registration
181AA Compulsory registration in certain cases

⮚ Sales Tax Registration

o Registration and person required to be registered [Sec 14]

o Registration application (Rule 5)
o Registration application (Rule 5)
o Compulsory registration (Rule 6)
o Change in the particulars of registration (Rule 7)
o Transfer of registration (Rule 8)
o De-registration (Sec 21)

⮚ Sales Tax Laws

o Sales Tax Act 1990

o Punjab sales tax on services act 2012
o Sindh sales tax on services act 2011
⮚ Sales Tax Returns

o Return [26]
o Extension of time for furnishing returns [26AB]
o Special Returns [27]
o Final Return[28]

⮚ Sales Tax Records and Notices Compliance

⮚ Access to records, and documents [25]

➢ SECP Registration

Private Limited Company

SMC Private Limited

➢ Form (A)

➢ Form (29)

➢ Form (45)

➢ UBO Compliance

➢ AOP formation

➢ Financial reporting Compliances

➢ Audit report/ Audit Account Compliances

➢ MS Excel