Tax Book 2023

vii

Detailed Contents of Syllabus of ICMAP Stage IV

DETAILED CONTENTS WEIGHTAGE

PART-A: INCOME TAX LAWS

Income Tax

Ordinance, 2001

1. Preliminary

 Section (1-3)

75

2. 
   

   Charge of tax (^)  Section (4,5)

   
   


3. 
   

   Tax on taxable
   income

   
   

 Computation of Taxable Income - Section (9- 1 1)

 Salary - Section (12-14)

 Income from Property - Section (15-16)

 Income from Business - Section (18-36)

 Capital Gains - Section (37-38)

 Income from Other Sources - Section (39-40)

 Exemptions & Tax Concessions - Section (41-55)

 Losses - Section (56, 57, 58, 59, 59A)

 Deductible Allowances - Section (60, 60A, 60B,

64A, 64AB)

 Tax Credits - Section (61-63, 65, 65A)

4. Common Rules

 General - Section (66-73)

 Tax Year - Section (74)

 Assets - Section (75-79)

5. Provisions
   Governing Person

 Central Concepts - Section (80-84)

 Individuals - Section (86-91)

 Association of Persons - Section (92)

6. International

 Geographical Source of Income - Section (101)

 Taxation of Foreign Source Income of Residents -

Section (102-104)

7. Anti Avoidance  Section (108-112)


8. Minimum Tax  Section- 113


9. Procedure

 Returns - Section (114-119)

 Assessment - Section (120-126)

 Appeals - Section (127-136)

 Collection and Recovery of Tax - Section (137-

146B)

 Refunds - Section (170-171)