iv
Syllabus
Ref Contents^ Level^ Learning Outcome^
according to the provisions.
10 Chapter X Part I – Returns 2 LO4.10.1: Identify persons required to
furnish a return of income
LO4.10.2: Identify persons not required to
furnish a return of income
LO4.10.3: Identify persons required to
furnish wealth statements
LO4.10.4: List the contents of wealth
statement
LO 4.10.5: Understand the procedure for
extension in time for furnishing the returns
and other documents.
11 Chapter X Part II –
Assessments1 LO4.11.1: Understand the meaning of
assessment by Commissioner and power of
Commissioner to conduct audit.
12 Chapter X Part III – Appeals 1 LO4.12.1: List the appellate bodies
LO4.12.2: Explain using simple examples
the circumstances when appeal to the
Commissioner (Appeals) is made and the
pre-conditions applicable
LO4.12.3: Explain the provisions relating to
decision of appeals by Commissioner
(Appeals) using simple examples.
13 Chapter X Part VIII – Records,
Information Collection and
Audit (Section174 and 177)2 LO4.13.1: Understand the provisions
relating to records to be kept by the
taxpayers
LO4.13.2: Describe the provisions relating to
audit by Commissioner.
14 The Income Tax Rules related
to the above chapters of the
Income Tax Ordinance 2001
shall also be examined1 LO4.14.1: Apply rules relevant to learning
outcomes specified against each topic on
well explained scenarios.15 First and Second Schedule
attached to the Income Tax
Ordinance 20012 LO4.15.1: Apply clauses relevant to learning
outcomes specified against each topic on
well explained scenario.
C Sales Tax
a Sales Tax Act 1990
1 Chapter I – Preliminary
(concepts of terms defined
Section 2 sub-sections 3,
5AA, 9, 11, 14, 16, 17, 20, 21,
22A, 25, 27, 28, 29A, 33, 35,
39, 40, 41, 43, 44, 46)2 LO5.1.1: Describe the definitions given in
section 2 sub-section 1, 3, 5AA, 5AB, 9, 11,
14, 16, 17, 19, 20, 21, 22A, 25, 27, 28, 29A,
33, 33A, 3 5, 39, 40, 41, 43, 44, 46, 46A, 47,
48
LO5.1.2: Describe other definitions covered
under relevant sections LO5.1.3: Apply
definitions on simple scenarios.
2 Chapter II – Scope and
payment of tax2 LO5.2.1: Understand the application of sales
tax law on taxable supplies including zero
rated and exempt supplies
LO5.2.2: State the determination, time and
manner of sales tax liability and payment
using simple examples
LO 5.2.3: Understand how excess input tax
will be carried forward and refunded.
3 Chapter III – Registration 2 LO5.3.1: State the requirement and
procedure of registration and de-registration.
4 Chapter IV – Book keeping 2 LO5.4.1: List the record to be kept by a