How to Prepare Financials to Show Withholding Taxes & Respond to Notice under Rule 44?
Learn how to structure financial statements under Rule 44, categorize expenses, and ensure tax compliance with clear annexures and accurate documentation.
FBR’s Power to Call for Records – A Detailed Analysis
Learn how the FBR can review tax decisions, correct errors, and ensure fairness while providing safeguards for taxpayers. Find out more about the review process.
Seeking Relief from Time Limits for Tax Appeals
Section 214A of the Income Tax Ordinance provides an important provision that allows the Federal Board of Revenue (FBR) to exercise discretion and condone the time limits specified for the […]
How Normal Tax Regime Effects Advance Tax Notices for Exporters?
Explore the shift from the final tax regime to the normal tax regime for exporters, covering advance tax, super tax, and compliance essentials.
How FBR Recovers Tax If you Ignore Tax Notices?
The failure to pay taxes has serious repercussions, triggering a robust recovery process enforced by Inland Revenue (IR) officers. Under the Sales Tax Act, 1990, the IR possesses extensive powers […]
Tax Planning Tips to Manage Your Monthly Tax Ledgers Effectively
Tax planning is an integral part of financial management, ensuring compliance with tax laws while optimizing tax liabilities. The following article provides insights into essential tax planning practices, with a […]
Avoid FBR Notices – Benefits of Aasan Accounts for Non-Filers
Non-filers in Pakistan often face scrutiny from the Federal Board of Revenue (FBR) when conducting banking transactions. To navigate this challenge, FBR has introduced a specific account category known as […]
Your Complete Guide to FBR’s Audit Notice u/s 177
A notice under Section 177 of the Income Tax Ordinance, 2001, is issued by the FBR (Federal Board of Revenue) in Pakistan for conducting an audit of your income tax […]
How to Verify If the Notice or Order is Sent by FBR or Not?
In today’s digital age, it’s crucial to be vigilant against potential scams. This includes being cautious of fake FBR notices or orders demanding payments or threatening legal action. Here are […]
Is Advance Tax Applicable on Behbood Saving Certificates?
In recent developments, the Federal Board of Revenue (FBR) has started issuing notices regarding advance tax payments to individuals, businesses, and associations of persons (AOPs). This includes notices for advance […]