Notes on Principles of Taxation 2025

YOUTUBE https://www.youtube.com/watch?v=DKtfSoDeCUU&t=79s

CONTENTS:
1. Tax Year and Residential Status
2. Income Tax Rates, Rebates and Deductions
3. Salary
4. Employee Share Scheme
5. Salary – Tax on Tax
6. Share of Profit from Association of Persons (AOP)
7. Income from Property
8. Capital Gain
9. Income from Other Sources
10. Income Tax Practical Questions of Individuals
11. Business Income – Basic Concepts & Tax Structure
12. Tax Depreciation, Amortization, Pre-Commencement Expenditure
13. Deductions not Admissible from Business Income
14. Business Income: Other Aspects including Minimum Tax on Turnover
15. Losses and Rebates
16. Practical Questions of Business Income
17. Return of Income, Assessments and Appeals
18. Section Wise Income Tax Important Notes
19. Wealth Statement and Reconciliation
20. Constitutional Provisions
21. Sales Tax Notes
22. Sales Tax Theory Questions/Answers ICAP CAF
23. Sales Tax Practical Questions/Answers ICAP CAF