CFAP 5 – Tax Planning & Practices_TSB

CFAP 5 – Tax Planning & Practices
Special Price Rs8,999 was Rs17,500

Key features 

Class will start from dec 22 and June 23. 


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Course Content 0 Lectures + 0 Assignment Duration

Key features 

Class will start from dec 22 and June 23. 


Course Curriculum: 

A – Income Tax

1- Income Tax Ordinance, 2001

  • Introduction and central concepts
  • Computation of income of under normal tax regime, final tax regime, minimum tax regime, and related tax liability
  • Exemptions, tax concessions, losses, deductible allowances, and tax credits
  • Common rules, assets, principles of taxation, and geographical source of income
  • Foreign source income of residents, taxation of permanent establishment, thin capitalization, avoidance of double taxation, and anti-avoidance
  • Returns, assessment, appeals, audit, penalties, and offenses
  • Collection & recovery of tax, advance tax and final tax, refund of tax and withholding tax
  • Others

2- Income Tax Rules, 2002

3- Relevant notifications, circulars issued under the Income Tax Ordinance, 2001 and rules made under therein and model double tax treaty (country specific treaty not examinable).

B – Sales Tax and Federal Excise Duty

1- Sales Tax Act, 1990

  • Introduction, scope and payment of tax
  • Registration & de-registration, bookkeeping, Invoicing, records, returns and audit
  • Administration, penalties, offences, appeals and recovery of arrears
  • Miscellaneous

2- Sales Tax Rules, 2006

3- Common provisions of provincial / capital territory sales tax laws on services

4- Relevant notifications, circulars and general orders issued under the Sales Tax Act, 1990 and rules made under therein

Federal Excise Act, 2005 and Federal Excise Rules 2005

5- Introduction and definitions

  • Levy, Collection and Payment of Fed

6- Notifications, circulars and general orders under the Federal Excise Act, 2005 relevant to chapters I and II


7- Code of Ethics for Chartered Accountants (revised 2019): Section 600.1 to 600.10, Section 600(Subsection 604)

INSTRUCTOR: M. Muzammil Hemani

M. Muzammil Hemani is presently the Partner Tax & Legal at Hemani Associates. He is also the Director at Pakistan Institute of Taxation [PIOT] which is an approved learning partner of Chartered Institute of Taxation, United Kingdom in Pakistan. He is the Member of the ICAP Committee on Fiscal Laws. Moreover, he is also associated as the member of the Karachi Tax
Bar Association [KTBA].

Besides this, he had led the Local & International Taxation Function of Mondelez International for four countries including Pakistan, UAE, Bahrain & Bangladesh. Muzammil started his professional career with working for KPMG at Karachi and Jeddah offices respectively.

Academically, he is a member of ICAP and has also completed his Advanced Diploma in International Taxation & Transfer Pricing from the Chartered Institute of Taxation, United Kingdom.

Being the faculty member of Taxation and Law subjects at one of the renowned Institute of CA Pakistan, Muzammil has successfully taught over 3,500+ CA students.

Furthermore, as a Professional Corporate Trainer and guest speaker he has successfully conducted workshops and training on various taxation topics in Pakistan, Dubai, and Singapore. He has remained associated with various forums for conducting tax awareness sessions including ICAP, ICMAP, PIPFA, IFA(UK), PIM, IFMP etc. While, he is also serving as the Course Director for ICAP’s most popular taxation course named as “Tax MasterClass”.

As an author on taxation related topics, he has written in various newspapers and tax journals on different topics besides sharing his taxation issues related views on electronic media of Pakistan.

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imarkplace Published on: 2022-08-04 imarkplace Last Update: 2022-08-04
Skill Level- Expert
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imarkplace Course Language- English (United States)