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BUSINESS TAX: INCOME FROM BUSINESS [Section - 18]

Income From Business     (section .18)
INCOME FROM BUSINESS [Section - 18]

Fully Taxable Income
1.        Income from fish forming business/
XXX
2.       Fish catching business 
XXX
3.       Royalties on professional books
XXX
4.       Income from sale of timber 
XXX
5.       Income from poultry farm
XXX
6.       Taxable income from foreign country
XXX
7.       Rent of furniture & fitting
XXX
8.       Income from fruit processing unit setup in Punjab 
XXX
9.       Income from stud farm  
XXX
10.   Income from year business
XXX
11.   Profit from speculation business          XXX

Less: loss from speculation                 XXX
XXX
12.   Income from business (UK)                         XXX

Less: loss from Pakistan source income         XXX
XXX

INCOME FROM BUSINESS TOTAL EXEMPT
1.      Income from fruit processing unit setup august 2014
  In Baluchistan (exempt for 5 year)
XXX
2. Income from export of computer software
XXX
3. Income from network design 
XXX
4. Income from fruit processing unit setup in FATA (Exempt for 5 years)      
XXX

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