CAF-02 Taxation Principles and Compliance by Sir Murtaza

This course is part of the CAF Group A Module

Students already enrolled: 10,000+

Fee: Rs 18,000

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It was great studying from sir Murtaza Quaid smart classes. His extensive experience and insightful teaching methods were instrumental in my success in the papers. The smart classes he conducted were particularly effective, providing a clear and concise understanding of complex concepts. It helps me ace my exams

MUHAMMAD HARIS

Sir Murtaza Hands down the best teacher for Tax. Best Not only that but the Team working with Sir is also amazing both TAs who helped with every single query

SHAHERYAR

Dear Sir Murtaza, just wanted to take a moment to express my heartfelt gratitude for all your guidance and support throughout in Tax and R1. Your dedication and expertise played a significant role in my success, and I'm thrilled to have achieved success in R1 and Tax. Your encouragement and belief in me made a huge difference, and I'm grateful for the opportunity to learn from you. Thank you once again for your unwavering support!

ANONYMOUS

Sir Murtaza Quaid covers all aspects of the subject and explains each topic with such command which makes it easy for the students to understand and remember the concepts.

SYED ABSAR RAZA

What you will Learn

Tax Practices focuses on providing students with a comprehensive understanding of taxation principles, practices, and regulations in Pakistan. It equips future chartered accountants with the knowledge and skills required to navigate the complex field of taxation and assist clients and organizations in complying with tax laws.

Course Content

Basic concepts of taxation and Constitutional provisions, Federal and provincial financial procedures and Ethics.

Computation of taxable income, tax laibility for individuals and Association of persons (AOPs), Apply provisions relating to carry forward, deductible Allowances, set-off losses, tax credit and tax exemptions.

Tax Compliance requirements and related submissions.

Basics of indirect taxes, Computation of Sales Tax Liability, Registration, Book keeping and Invoicing requirements.

Additional Content

1. Constitutional provisions (Articles 78-88, 118-127, 160-165A) and sections (43-53 in Fourth Schedule) govern Pakistan's legal framework. The Code of Ethics (Sections 604.1-604.6A1) and various definitions (Section 2 clauses) provide guidance.

2. Income Tax Ordinance and Rules (including Income Tax Rules 2002) and the Sales Tax Act 1990 with related sections and chapters, like Chapter X Section 73, are central to tax regulation.

3. Sales Tax Rules 2006 and chapters (I-IV) encompass additional tax-related regulations, collectively forming Pakistan's comprehensive tax and legal framework.

Murtaza Quaid is an accomplished educator and distinguished professional in the realms of accounting and taxation. Holding the prestigious title of a Gold Medalist Chartered Accountant, Murtaza Quaid has achieved the highest levels of academic excellence in their field. Currently serving as the Partner at Maven Minds and as a respected co-founder at IQ School of Finance, they bring a wealth of real-world knowledge to their students. Impressively, Murtaza Quaid has shared their expertise with over thousands eager learners, making them a trusted and experienced mentor in the world of finance and taxation.