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NON-FILERS ALLOWED PURCHASE OF IMMOVABLE PROPERTIES, MOTOR VEHICLES
September 18, 2018.
Non-filers of income tax returns have been allowed to purchase immovable properties and motor vehicles as proposed on Tuesday through Finance Bill (Amendment) 2018/2019.
The non-filers were restricted in the budget 2018/2019 to purchase immovable property above Rs5 million and purchase of any engine capacity motor vehicles from Tax Year 2019 and onwards.
Finance Minister Asad Umar on the floor of house presented amendment to Finance Act 2018 and said that complained had been received from overseas Pakistani regarding difficulties in investing in immovable properties and purchase of motor vehicles due to restriction.
The finance minister said that overseas Pakistanis were mainly non-filers and considering the hardship faced by them it was decided to lift the condition.
The previous government through budget 2018/2019 imposed this restriction to increase the number of return filers for documentation of economy.
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Open Book for CFAP
We will experience open book examinations of CFAP “Corporate Laws” and “Advanced Taxation” very soon
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CFAP All Subjects Mocks Winter 2016
Following are the MOCK Exams for Winter – 2016.
3 Adv. Taxation W-2016 Q. Paper.pdf
4 Adv. Taxation W-2016 Solution.pdf
13 Coporate Law Guess – Winter 2016.pdf
14 ITMAC W-2016 (Q. Paper).pdf
15 ITMAC W-2016 (Solution).pdf
17 MAC W-2016 Q.Paper (Final).pdf
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Notes on Audit CAF by Khalid Petiwala
Here we are sharing the most valuable exam material source for the CAF students for the following papers of Honorable Mr. Khalid Petiwala:
Audit & Assurance, by Khalid Petiwala with practice questions.
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Notes on TAXATION by Khalid Petiwala for CAF
Notes on TAXATION by Khalid Petiwala for CAF.
Download the valuable notes on TAXATION by Khalid Petiwala.
Notes on Audit CFAP by Khalid Petiwala
Here we are sharing the most valuable exam material source for the CFAP students for the following papers of Honorable Mr. Khalid Petiwala:
Advance Audit & Assurance, by Khalid Petiwala with practice questions.
Click here for the Notes.
Khalid Petiwala Notes for CFAP
Here we are sharing the most valuable exam material source for the CFAP students for the following papers of Honorable Mr. Khalid Petiwala:
Khalid Petiwala Notes for CAF
Here we are sharing the most valuable exam material source for the CAF students for the following papers of Honorable Mr. Khalid Petiwala:
All PAC CFAP Mocks Winter 2016 Updated with solutions
Here is the related data for students appearing in ICAP CFAP Examination for Winter 2016.




