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September 14, 2020

Tax Return Filing for Tax Year 2020

Tax Return Filing for Tax Year 2020 Documents Required For Tax Return 2020 Total salary income from July 2019 to June 2020 as per salary slip […]
September 5, 2020

FBR renames tax offices

FBR renames Tax Offices Federal Board of Revenue (FBR) on Monday renamed field offices while exercising powers under Section 4(1)(r) of FBR Act, 2007. The change […]
September 1, 2020

Certificate to be provided on bank profits

Certificate to be provided on bank profits The Finance Act has approved that the bank will deduct tax at the rate of 10% on the payment […]
September 1, 2020

What happens when return not filed within due date

What happens when return not filed within due date Finance Act has approved that a person who fails to furnish or update taxpayer’s profile within the […]
September 1, 2020

AUDIT under Section 177

AUDIT under Section 177 To discourage the physical interaction of taxpayers with Revenue Authorities to ensure the independence of Officers conducting audit proceedings, the Finance Act […]
September 1, 2020

Real-time access to information and database under Section 175A

Real-time access to information and database under Section 175A The Finance Act has inserted a new sub section 175 A with a view to broaden tax […]
September 1, 2020

Power to enter and search premises

Power to enter and search premises The Finance Act has provided more power to commissioner to Realtime electronic access to premises, place, data, computers etc.
August 31, 2020

Credit for tax collected or deducted Section 168(3)

Credit for tax collected or deducted Section 168(3) The Finance Act has approved that no tax credit shall be allowed for any tax collected or deducted […]
October 17, 2018

Who should not file income tax return

Who should not file Income Tax Return Yes it is true, there are some persons Who should not file income tax return or they are not […]
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