SCAT COURSES

Income Tax Ordinance, 2001 & Income Tax Rules, 2002

• Insights to IRIS
• Heads of Income
• Income from Salary:
  • Study of the Ordinance &
  • Practical Approach of filing the Return
  • Insights to the First Schedule
• Income from Business
  • Study of Ordinance for Business Income
  • Admissible (Allowed) & In-admissible (Not Allowed) Expenses
  • Withholding of Income Tax
  • Tax Depreciation/Amortization/First Year Allowance
  • Concepts of Accounting
  • Basic approach of Financial Statements/Annual Accounts
  • Detailed Oriented Schedule Study
  • Pakistan Source & Foreign Source Income
  • Double Tax Treaty
  • Minimum & Final Taxes
  • Practical Approach towards Return Filings
• Income From Property
• Income from Capital Gains
• Income from other Sources
• Filing of Income Tax Returns:
  • Salary Return
  • Business Returns
  • Other Returns
• Issues with Regards to Income Tax Proceedings:
  • Selection of Audit
  • Audit Proceedings
  • Assessment Proceedings
  • With-holding of Income Tax Proceedings
• Appeals:
  • Grounds of Appeals and Written Arguments before
  • Appeals before Commissioner Appeals
  • Appeals before Appellate Tribunal
  • Income Tax Reference Application
  • Civil Petitions before Supreme Court of Pakistan
  • Writ Petitions
  • Intra-Court Appeals
  • Complaint to Federal Tax Ombudsman.
  • Stay Matters.
• Other Important Topics
  • Exemptions and Tax Concessions
  • Creation of Income Tax Challans
• Miscellaneous Discussions
  • How to read Income Tax Ordinance?
  • Jurisdictional Matters.
  • How to obtain Refund of the excess taxes paid?
  • How to research for relevant Judgments?
  • With-holding of Income Tax Statements
  • Filing of Advance Tax estimates.

Sales Tax Act, 1990, Provincial Sales Tax Acts & Federal Excise Duty, 2005 & their Rules.

• Basic Concepts of Taxability on Sales of Goods & Services
  • Charging of Sales Tax
  • Goods at Standard Rate
  • Goods at Reduced Rate
  • Goods at zero rate
  • Exempt goods
  • Output Tax
  • Input Tax
  • Admissibility of input tax
  • Schedules of sales tax Act, Sales Tax on Services & Federal Excise Duty
  • Filing of the Returns
• Issues with Regards to Sales Tax Proceedings:
  • Audit Proceedings
  • Assessment Proceedings
  • With-holding of Sales Tax Proceedings
• Appeals:
  • Grounds of Appeals and Written Arguments before
  • Appeals before Commissioner Appeals
  • Appeals before Appellate Tribunal
  • Income Tax Reference Application
  • Civil Petitions before Supreme Court of Pakistan
  • Writ Petitions
  • Intra-Court Appeals
  • Complaint to Federal Tax Ombudsman.
  • Stay Matters.

Corporate Law/Companies Act, 2017, Partnership Act, Charities Act & Others

• • Name availability search
  • Drafting of Articles of Association
  • Drafting of Memorandum of Association
  • Registration of Companies before Securities & Exchange Commission of Pakistan (SECP)
  • Registration of a Subsidiary Company
  • Obtaining license for Non-Profit Organization.
  • Annual Filing of statutory Returns
  • Registration of Firms
  • Taxation of Partnership Firms
  • Registration of Trusts
  • Income Tax Exemptions for Trusts
  • Registration of Trademarks

International Taxation

• Payment to Residents
• Payment to Non-Residents
• Permanent Establishment
• Exemptions against payment to non-residents
• Double Taxation Treaties
• Export of Goods
• Export of Services
• Taxations against the Export of Goods

Advanced Level of Court Proceedings and Case based Scenarios