CERTIFICATE IN TAXATION LAWS

Transcription

1 CERTIFICATE IN TAXATION LAWS (Online). 9 Weeks Practical Training Course (Across Pakistan through web portal)

2 About Softax Softax (Private) Limited has been established in 1997 with an objective to part with affordable quality training in the field of Taxation & Corporate laws, Internal Audit, Accounting and Finance etc. by introducing a unique teaching concept of learning for solutions. Today Softax is proud to have trained over 25,000 Corporate Executives and arranged more than 800 workshops and short courses. About CTL Considering the need and repeated demand of business community, corporate employees, Lawyers, Tax Consultants and others involved directly or indirectly in taxation matters, once again after successful completion of more than 60 batches from the platform of NIU, Softax once again offering Certificate in Taxation Law (CTL), a course of two months duration with an aim to equip the participants to handle with confidence their tax matters in a professional way, like; scope of taxation laws, strategic tax planning, manual and electronic preparation and submission of returns/statements, e-filing procedures, maintenance of records, computation of taxable amounts, handling notices, audit, assessment & appeals and other day to day issues relevant to income tax, sales tax and corporate matters. What does CTL aims at To provide in-depth knowledge of updated Income Tax & Sales Tax Laws To provide requisite knowledge of the Companies Ordinance, 1984 for handling day to day matters of a company. To enlighten all major aspects of respective tax statutes and develop skills for making strategic tax planning, To deliver comprehensive knowledge of the statues through hands-on-training, practical examples and case studies, To develop reasonable practical skills for maintenance of records in accordance with the provisions of Income Tax, Sales Tax, Federal Excise and Corporate Laws, To give confidence in handling day to day matters involved in Taxation like; manual and electronic preparation and submission of returns/statements, calculation of taxable figures, handling with notices, audit, assessment and appeals. To enable the participants to handle day to day tax matters of their own business, employer, clients etc. in a professional way. Softax Mission At Softax we strive to create value for our students/participants through delivery of Quality education and training based on practical solutions by dedicated professionals and staff. We optimally utilize our resources in order to achieve the highest level of stakeholders' satisfaction; while maximizing professional education advancement and generating a competitive economic return.

3 Training Outline Income Tax Introduction to income tax law Constitutional right of tax payer Computation of taxable income under the head Salary Business Property Capital gain, and Other sources Presumptive tax regime Understanding of other important provision of the law including but not limited to Advance tax u/s 147 Unexplained investment u/s 111 Minimum, Corporate & Alternate Corporate Tax u/s 113 &113C Withholding tax matters Section wise understanding Transaction wise rates, exemption and clarification section wise principles for adjustment of tax Right & duties of withholding agent Withholding Tax in the eyes of superior courts Income Tax return &withholding statements Preparation &submission of income tax return Preparation & submission of withholding statements Handling departmental notices Techniques to handle departmental audit (withholding &other) Assessment Original assessment u/s 120 Best judgment assessment u/s 121 Amendment of assessment u/s 122 Provincial assessment u/s 122c Practical procedure involve in claiming refunds Transaction between associations Basic understanding of deferred taxation Appeal procedure Default surcharge penalties & prosecution Ways to tax plan & Tax saving opportunity All above with practical examples & case studies and superior courts judgment FEE: Rs. 7, % PST Duration: 4-weeks (2 days a week)

4 Training Outline Sales Tax Constitutional validity and Introduction to Federal & Provincial sales tax laws VAT mechanism Scope of tax on goods Taxability Registration requirements and determination of tax liability for Importer, Manufacturer, Wholesaler, Distributor, Retailer and Exporter etc) Concept of Extra Tax, Further Tax & Retail Price items with practical examples Scope of Tax on services Taxability & Taxable services under all the provincial Laws Person liable to pay tax and concept of reverse charge with practical examples Withholding taxes under Federal and Provincial Laws Adjustment of Input tax Federal against Provincial and vice versa Which input tax is available to supplier of goods and services? Dealing with reduce rate goods and services Circumstances where input taxes under Federal & Provincial Sales Tax Laws are not available for adjustment Sales Tax Record Understanding of sales tax record Specimens of sales tax invoice, purchase/sale/stock registers, debit/credit notes and other record Preparation of all records using MS Excel Requirments and Procedure for Sales Tax Registration under Federal and Provincial Laws Handling departmental proceedings under Sales Tax Laws Sales Tax Returns under Federal and Provincial Sales Tax Laws. Manual calculation and online feeding of sales tax returns of Commercial Importer, Manufacturer, Wholesaler, Distributor, Retailer, Exporter and Service Provider All above with practical examples, case studies and superior courts' judgments including Budget and notifications updates FEE: Rs.7, % PST Duration: 4-weeks (2 days a week)

5 Corporate Law & Other Corporate Law Company's Incorporation (e filling) Maintenance of records Preparation & submission of documents Handling with other day to day matters Other Preparation of a partnership deed Registration & De registration of partnership Registration of Trade mark and copy right Who Cannot Afford To Miss? People want to establish their own setup as Tax Consultant Business Executives Personnel dealing with income tax, sales tax and corporate matters of an organization. Tax Executives Internal Auditors Taxpayers FEE: Rs. 2, % PST Duration: 1-week (2 days a week)

6 Course Facilitators Mr. Noman Iftikhar Khawaja (CEO at Softax (Pvt) Limited) Mr. Noman is a renowned facilitator & Trainer in the field of Taxation with his success track spanning over two decades. More over, he also heads Softax Consulting a firm dedicated for the past 26 years to joining Tax Advisory & Compliance together with real life practical problems. He is also heading Softax (Pvt) Limited as CEO providing web based Online Taxation Support services and corporate training. Mr. Arif Hussain Ejaz (Advocate High Court) Ex-Vice President Lahore Tax Bar Association Mr. Ejaz is a Partner in Softax Consulting, Director Legal at Softax (Pvt) Limited, heading the Sales Tax Wing of Softax Consulting and mainly involved in counseling with clients on specific tax issues/planning and dealing cases up till High Court level. In addition to that he is also heading the solutions wing of Softax s web portal where he answers the sales tax related queries of the members. Mr. Abdul Qadir Khan MBA, LLB. Director at Softax. Mr. Abdul Qadir Khan is working with Softax since He is handling tax matters of the clients from planning to preparation and filing of returns. He is also handling audit/adjudication matter of the clients including participants by delivering lecture and giving hands-on training on E-filing and other tax related matters.

7 Procedure Members registered for this course can only watch videos and participate in the course Lecture delivered at Lahore are uploaded at for online members of CTL classes Video Lectures shall be available for six hours at time shall be fixed on member s choice Slides available alongwith video lectures are in full control of the members. Box is available for online questions with the resource person. Questions are normally answered within 24 working hours. Click here for DEMO Get Yourself Registered Today Mr. Daniyal Soomro Complete Course Fee: Rs. 14,000 (+ 16% PST) Including course material & 9 weeks free membership of Programme Detail 9 weeks (2 days a week, 3 hours a day) (Date & Time shall be fixed on member s choice) , ctl@softax.com.pk 14 th Floor, BRR Tower, I.I Chundrigar Road, Karachi.