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Libra Lazarus Saturday, August 18, 2018 11:34 AM

Query about business tax
 
Guidance on the following matter is requested: For the business taxation section of Accounting and Auditing, are we supposed to cover the Income tax ordinance 2001 or 2002? Is there any difference between the two.
Seniors are requested to help.

asifahmed Friday, September 07, 2018 07:23 PM

[QUOTE=Libra Lazarus;1072736]Guidance on the following matter is requested: For the business taxation section of Accounting and Auditing, are we supposed to cover the Income tax ordinance 2001 or 2002? Is there any difference between the two.
Seniors are requested to help.[/QUOTE]There is only one income tax ordinance that is 2001. Other is income tax rules 2002.
Difference is ordinance contain the broader rules where as income tax rules contain procedure and formats of the clauses of ordinance.



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asifahmed Friday, September 07, 2018 07:24 PM

Ordinance 2001 and sales tax act 1990 is needed to be covered but only to limited extent...

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