business income – Tax Pulse

Taxation of Business Income – Snakes & Ladders

Income Tax on Business Income - Snakes & Ladders

To arrive at correct tax liability of business income, the income tax law contemplates a dynamic two stages scheme of computation of business income i.e. accounting computation of business income and (ii) tax computation of business ...

Amjad Javed Hashmi
Income Tax

Business Income Tax – Inadmissible Deductions

Taxation of Business Income – Principles and Tax Policy Considerations Underlying Inadmissible Tax Deductions Regime Contrary to the principle specific admissibility regime of Section 20; the Income tax Ordinance, 2001 ...

Amjad Javed Hashmi
Income Tax