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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

 

In Sha Allah

CFAP All Subjects Mocks Winter 2016

Following are the MOCK Exams for Winter – 2016.

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1              AAFR W-2016 Q. Paper.pdf

2              AAFR W-2016 Solution.pdf 

3              Adv. Taxation W-2016 Q. Paper.pdf

4              Adv. Taxation W-2016 Solution.pdf

5              audit W-2016 Q.Paper.pdf

6              Audit W-2016 Solution.pdf

7              BFD W-2016 Q. Paper.pdf

8              BFD W-2016 Solution.pdf

9              BMS W-2016 Q. Paper.pdf

10           BMS W-2016 Solution.pdf

11           C. Law W-2016 Q. Paper.pdf

12           C. Law W-2016 Solution.pdf

13           Coporate Law Guess – Winter 2016.pdf

14           ITMAC W-2016 (Q. Paper).pdf

15           ITMAC W-2016 (Solution).pdf

16           MAC 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.

Click here for the Notes.

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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.

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Note on Management Accounting by Khalid Petiwala (ICAP CFAP-Level)

Note on Management Accounting by Khalid Petiwala (ICAP CFAP-Level).

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.

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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:

01- Taxation

02- Audit & Assurance

02- Management Accounting

Click here for the Notes.

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:

01- Taxation

02- Audit & Assurance

 

Click here for the Notes.

All PAC CFAP Mocks Winter 2016 Updated with solutions

Here is the related data for students appearing in ICAP CFAP Examination for Winter 2016.

 

All PAC CFAP Mocks Winter 2016 Updated with solutions

 

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