Computation of Taxable Income and Tax Liability: Business Modal 1 #cafonline #cfap

For online classes and consultancy, contact +92-321-9451850 or 0315-5005757.
Aakash Kumar owner of Premjee & Co.
In this comprehensive lecture, we delve into the process of computing taxable income and tax liability, tackling key issues such as depreciation, penalties, bad debts, and capital gain. This session includes:

Step-by-step solutions to complex tax calculations.
Detailed discussion on how depreciation affects taxable income.
Examination of penalties and their impact on tax liability.
Treatment of bad debts in tax computation.
Calculation of capital gains and their inclusion in taxable income.