Course Outline - with Weekly Plan by Muhammad Mubeen (Restructured)
Course Material
Business Law Portion: Refer Text Book
Taxation Portion; Refer FBR website
Results/ Grade Statistics
Midterm Avg: 15.6 out of 25
Semester Avg: 30.3 out of 35
Final Avg. 26.14 out of 40
Consolidated : 69.3 out of 100
Week 1 - Sept 16, 2019
Taxation |Slides for Week 2 - 4]
Week 2 - Sept 23, 2019
Taxation - Basics - FBR Website
Important Concepts: Total Income, Taxable Income, Resident and Non Resident Person, Tax Year (Normal, Special , Transitional)
e-filing Portal of FBR (IRIS)
Smart Board Material of Week 1 and 2
Week 3 - Sept 30, 2019
Topics:
Taxation Slide # 1 - 7
Showing FBR Portal for Salaried Individual
Week 4 - Oct 7, 2019
Quiz # 1: from Week 2/3 Topics
Topics:
Taxation Slide # 8 - 12
Showing FBR Portal for Salaried Individual
Week 5 - Oct 14, 2019
Off due to Shah Latif Bhittai Day by Govt. of Sindh
Expected Makeup Day: Friday October 18, 2019 OR Sunday October 20, 2019 8:30-11:30 (Note: Final Confirmation will be done when you will receive SMS from IU, Till )
Topics:
Project Update:
Student who want to try for the Project, be ready with the Tax Certificate of Salaried Individual whose return student want to submit. That Salaried Individual may be your any of close relative or you yourself. Further Detail will be communicated in Week 5's Makeup!
As Announced in Week 5's Class;
refer Sample Data Collection File for e-filing of Salaried Individual
Every Student who is interested for opting project, may have to send available information of his case(person whose 2019 return he/she want to file) eg Payslips, If possible salary account statement , if his/her employer deducting tax, then tax certification for 2019 etc. That person must be registered on FBR portal, if not then you have to register him on IRIS portal on your own.
Every Email must have details of the case so that I can reply as per their case for filing return.
Week 6 - October 21, 2019
Sources of Business Law
Stages of Contract
Offer and Acceptance
Project ShowCase - Day
Midterm Topics from Taxation Portion of Week 1 to Week 5
Week 7 - October 28, 2019
Essentials of Valid Offer
How Offer Terminated
Counter Offer and Cross Offer
Invitation to Offer
Specific Offer and General Offer
Smart Board Material for Week 6 and Week 7
Week 8 - November 5, 2019
Mid Term Exam:
Day and Time: Tuesday (November 5, 2019); 9:30 to 11:30am
Week 9 - Nov 11, 2019
Week 10 - Nov 18, 2019
Smart Board Material - Week 10
Week 11 - Nov 25, 2019
Smart Board Material - Week 11
Week 12 - Dec. 02, 2019
Homework Assignment: (to be done in your lecture notebook/register)
From Law of Carriages
Q1: Define Common Carrier. List its Rights, Duties & Liabilities
Q2: Diff. between Common Carrier and Private Carrier
Q3: Define Contract of Affreightment and its Types
Q4: Diff. between Charter Party and Bill of Lading
Q5: Duties and Liabilities of Carrier by Sea.
Week 13 - Dec. 09, 2019
Week 14 - Dec. 16, 2019
Due to some unexpected meeting, I will have a short class on Monday(Dec 16) from 8:30 to 9:45 and assign some self reading topics for you,
Topics for Self Reading and Assignment (How to search for relevant topic; do
Week 15 - Dec. 23, 2019
Instead of having Final Class on Dec 23, I might take class as Makeup on Dec 20 or Dec 27 here I will discuss Final Exam Pattern and Finalize Semester Marks on 1-1 basis
Expected Final Exam Date:
6th January 2020: Monday 6:30 - 9
Expected Weightage for Final Exam
Business Law Portion (22-25%)
Free Consent, Coercion, Undue Influence, Fraud, MR,
Legal Capacities of Parties (Minor / Unsound mind)
Consideration, Offer and Invitation to Offer / Counter Offer,
Discharge of Contract, Quasi Contract
Bailment, Guarantee, Agency
Factory & Industrial Law (10-12%)
Disablement, Certifying Surgeon, Strikes and Lockdown
Provisions of Young, Health, Women, Leaves
Taxation Law: (5-8%)
Only Numerical to Calculate Tax Liability and Reconciliation statement calculating personal expenditures (you should know the slabs for Tax 2019)