30% OFF

subject to registration
before 9th July 2020

Nine Weeks Practical Training Course

CERTIFICATE IN TAXATION LAWS

ted LIVE ONLINE CLASSES
Upda Tax & Monday & Tuesday - 6 PM to 9 PM
With
e
IncomTax Laws 156th Batch Budget 2020
Sales starting from 13th July 2020
updates
Fee: Rs. 16,995 + 16% PST

WHAT DOES CTL AIMS AT?

Ÿ To provide in-depth knowledge of updated Income Tax & Federal / Provincial Sales Tax Laws
Ÿ To provide requisite knowledge of the Companies Act, 2017 for handling day to day ma ers of a company
Ÿ To enlighten all major aspects of respec ve tax statutes and develop skills for making strategic tax planning and managing tax risks
Ÿ To deliver comprehensive knowledge of the statutes through hands-on-training, prac cal examples and case studies
Ÿ To develop reasonable prac cal skills for maintenance of records in accordance with the provisions of Income Tax, Federal / Provincial Sales Tax, Federal
Excise and Corporate Laws
Ÿ To give confidence in handling day to day ma ers involved in Taxa on like; manual and electronic prepara on and submission of returns/statements,
calcula on of taxable values, handling no ces, audit, assessment and appeals.
Ÿ To enable the par cipants to handle day to day tax ma ers of their own business, employer, clients etc. in a professional way.

ABOUT CTL
Considering the need of business community, corporate employees, Lawyers, Tax Consultants and others involved directly or indirectly in taxa on ma ers, So ax
is offering a course of 9 weeks dura on “Cer ficate in Taxa on Laws (CTL)”, with an aim to equip the par cipants to handle with confidence their tax ma ers in a
professional way, like, understanding of important provisions of law with prac cal examples, manual and electronic prepara on and submission of
returns/statements, e-filing procedures, maintenance of records, computa on of taxable amounts, handling no ces, audit, assessment, appeals, tax risk
management, tax planning and other day to day prac cal issues relevant to Income tax, Federal & Provincial Sales Tax Laws.

0 3 1 5 - 4 0 74 5 4 4 0321-5596119
 COURSE CONTENTS

INCOME TAX [4 weeks - 2 days a week, 3 hours a day]

1. Introduction to income tax law e. Withholding Tax in the eyes of superior courts
2. Constitutional right of a taxpayer 6. Income Tax return & withholding statements
3. Computation of taxable income under the heads: a. Preparation & submission of income tax
a. Salary return
b. Business b. Preparation & submission of withholding
c. Property statements
d. Capital gain 7. Handling departmental notices
e. Other sources, and 8. Techniques to handle departmental audit
f. Presumptive tax regime (withholding & other)
4. Understanding of other important provisions of the 9. Assessment
law including but not limited to: a. Original assessment u/s 120
a. Advance tax u/s 147 b. Best judgment assessment u/s 121
b. Unexplained investment u/s 111 c. Amendment of assessment u/s 122
c. Minimum, Corporate & Alternate Corporate 10. Practical procedure involve in claiming refunds
Tax u/s 113 &113C 11. Transaction between associates
5. Withholding tax matters 12. Appeal procedure
a. Section wise understanding 13. Default surcharge penalties & prosecution
b. Transaction wise rates, exemption and 14. Tax saving opportunities
clarification 15. All above with practical examples, cases studies and
c. Section wise principles for adjustment of tax superior courts' judgments
d. Right & duties of withholding agent

SALES TAX [4 weeks - 2 days a week, 3 hours a day]

1. Constitutional validity and Introduction to Federal & c. Circumstances where input taxes under
Provincial sales tax laws Federal & Provincial Sales Tax Laws are not
2. VAT mechanism available for adjustment
3. Scope of tax on goods 7. Sales Tax Record
a. Taxability a. Understanding of sales tax record
b. Registration requirements and determination b. Specimens of sales tax invoice,
of tax liability for Importer, Manufacturer, purchase/sale/stock registers, debit/credit
Wholesaler, Distributor, Retailer and Exporter notes and other record
etc) c. Preparation of all records using MS Excel
c. Concept of Extra Tax, Further Tax & Retail 8. Requirments and Procedure for Sales Tax Registration
Price items with practical examples under Federal and Provincial Laws
4. Scope of tax on services 9. Handling departmental proceedings under Sales Tax
a. Taxability & Taxable services under all the Laws
provincial Laws 10. Sales Tax Returns under Federal and Provincial Sales
b. Person liable to pay tax and concept of Tax Laws. Manual calculation and online feeding of
reverse charge with practical examples sales tax returns of Commercial Importer,
5. Withholding taxes under Federal and Provincial Laws Manufacturer, Wholesaler, Distributor, Retailer,
6. Adjustment of Input tax Federal against Provincial and Exporter and Service Provider
vice versa 11. All above with practical examples, case studies and
a. Which input tax is available to supplier of superior courts' judgments including Budget and
goods and services? notifications updates
b. Dealing with reduce rate goods and services

CORPORATE LAW & OTHER [1 week - 2 days a week, 3 hours a day]

1. Company's Incorporation (e filling) 5. Preparation of a partnership deed
2. Maintenance of records 6. Registration & De registration of partnership
3. Preparation & submission of documents 7. Registration of Trade mark and copy right
4. Handling with other day to day matters
 COURSE FACILITATORS

Mr. Noman Iftikhar Khawaja (Tax & Management Consultant)

Mr. Noman is a renowned facilitator & trainer in the field of taxation with his success track spanning over two decades.
Moreover, he also heads “Softax Consulting” a firm dedicated for the past 30 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)

Mr. Ejaz is the Director Legal at Softax (Pvt) Limited. He served LTBA seven years as chairman / vice chairmen education
committee and also worked as editor “Monthly VAT” Exclusive, sales tax magazine. He is visiting faculty in superior
university for last ten years and also conducting trainings from the platforms of Softax, SMEDA, and different chambers
and tax bars of Punjab for last 15 years.

Mr. Abdul Qadir Khan (MBA , LLB)

Mr. Abdul Qadir Khan is a director at Softax and associated since 2008 and conducted a number of workshops, seminars
and short courses on E-filing of returns and statements under Federal and Provincial Laws including SECP from the
platform of Softax (Pvt) Limited. Additionally handling Income and sales tax cases of Softax's clients including e-filing of
registration application, annual income tax returns, income tax withholding statements, monthly sales tax returns and sales
tax withholding statements.

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 30,000 Corporate Executives through more than 850
workshops and short courses.

Join
.com/So ax so ax.com.pk

LIVE ONLINE CLASSES

Monday & Tuesday - 6 PM to 9 PM
starting from 13th July 2020
Fee: Rs. 16,995 + 16% PST*
For more details, contact:
Adil Khan (Coordinator)
* Punjab Sales Tax on this service is 0% till 30th June 2020 Cell: 0315-4074544
Email: [email protected]
*Inclusive of Course Material, Certificate of Participation & 9
weeks free membership of www.softax.com.pk Softax House, 51/A-2,
Lawrence Road, Lahore.
Phone: 042-36312148

or

or join this course through Daniyal Soomro (Coordinator)

RECORDED LECTURES Cell: 0321-5596119
Email: [email protected]
on time & days of your choice
14th Floor, BRR Tower,
Call: 0321-5596119 for details I.I Chundrigar Road, Karachi.
Phone: 021-32640313