176(1) (Notice to obtain information or evidence) What should do?
176(1) (Notice to obtain information or evidence) In this notice Please refer to the subject cited above.During the Desk Audit it has been noticed that you have adjusted refund claim of previous years against tax liability of tax year 2020.You are requested to provide proof/documentary evidence that tax was deposited in government exchequer against which you have claimed adjustment in tax year 2020.
In case of failure to furnish the requisite proof/documentary evidence the same shall be disallowed and subsequently recovered under the law.
Reason of Receiving 176(1) (Notice to obtain information or evidence)
If you have adjusted last year tax refund to next year they will ask you proof of taxes which you paid that you are claiming.
What should you do ?
If you received 176(1) (Notice to obtain information or evidence) then yoou should reply within due date with proper evidence.
Non Compliance of Notice
They will give you three opportunities every fifteen days non-Compliance of 176(1) (Notice to obtain information or evidence) may face demand notice and after tax recovery
if you need any help for the compliance of 176(1) (Notice to obtain information or evidence) feel free to contact us
Collection of Duties/Taxes on 23rd, 30th & 31″ December, 2023
FBR field formations, the State Bank of Pakistan, and National Bank will remain open until 10 pm on December 31st
How to Apply for Name Reservation in SECP|SECP Name Reservation|Company Registration
Company name reservation in SECP.If you want to register a company in SECP.Please find below a link detaild video how to apply for name reservation.
The process of name reservation in secp can vary depending on the jurisdiction and the specific requirements set by the governing body. However, I can provide you with a general outline of the steps involved in applying for name reservation in secp.
- Research the Requirements: Start by researching the requirements for name reservation in secp in your jurisdiction. Check with the appropriate government agency or business registration authority to understand the specific rules and regulations that apply to your situation. This could be a local, state, or national-level agency, depending on your location.
- Choose a Name: Select a unique and appropriate name for your business or organization. Make sure to review any naming restrictions or guidelines specified by the governing body. The name should not infringe upon existing trademarks or be misleading to the public.
- Name Availability Check: Conduct a name availability search to ensure that the name you’ve chosen is not already registered or reserved by another entity. Many jurisdictions provide online databases or search tools to check name availability.
- Prepare the Application: Obtain the necessary forms or application documents required for name reservation. These can usually be obtained from the relevant government agency’s website or office. Fill out the application with accurate information, including your preferred name and any supporting details as requested.
- Pay Fees: Determine the applicable fees for name reservation and make the necessary payment. The fee amount and payment method can vary, so consult the official guidelines or contact the relevant authority for precise details.
- Submit the Application: Submit the completed application form along with the required documents and fees. This can typically be done online, through mail, or in person, depending on the options provided by the governing authority.
- Await Confirmation: After submitting the application, you’ll need to wait for confirmation from the government agency or registration authority. The processing time can vary, so be patient and follow up if necessary.
- Name Reservation Period: Once your name reservation is approved, you will usually receive a reservation period during which the name is secured for your use. This period may vary depending on the jurisdiction but is typically limited, such as 30 to 90 days. During this time, you may need to proceed with the necessary steps to officially register your business or organization using the reserved name.
#SECP#Name reservation#Company registration#How to apply for name reservation
Experienced Family Lawyer
Family legal matters can be emotionally charged and complex, requiring expert guidance to navigate through the intricacies of the legal system. When faced with issues like divorce, child custody disputes, or spousal support, having an experienced family lawyer by your side is crucial. In this article, we will explore the significance of working with an experienced family lawyer and the benefits they bring to your case.
- In-depth Understanding of Family Law: Experienced family lawyers possess comprehensive knowledge and understanding of family law. They are well-versed in the nuances of various legal matters such as divorce, child custody, adoption, and more. Their expertise allows them to provide insightful advice tailored to your specific situation, ensuring you understand your rights, obligations, and available legal options.
- Skillful Handling of Divorce Proceedings: Divorce can be emotionally taxing, with complex legal procedures involved. An experienced family lawyer brings invaluable expertise to the table, assisting you throughout the divorce process. They help you navigate issues like property division, spousal support, and child custody arrangements. Their negotiation skills and courtroom experience ensure your rights and interests are protected, helping you achieve a fair settlement.
- Protecting Parental Rights and Child Interests: Child custody disputes are among the most challenging aspects of family law. An experienced family lawyer understands the importance of safeguarding your parental rights and prioritizing the best interests of the child. They work diligently to develop custody arrangements that foster the child’s well-being while advocating for your rights as a parent.
- Advocating for Fair Spousal Support: In cases involving spousal support or alimony, an experienced family lawyer can advocate for a fair outcome. They assess the factors considered by the court, such as income, duration of the marriage, and standard of living, to ensure an equitable resolution. Their negotiation skills can help secure a reasonable spousal support arrangement that aligns with your financial circumstances.
- Navigating Adoption and Other Family Matters: Experienced family lawyers also play a vital role in facilitating adoptions and handling other family-related matters. They guide clients through the legal requirements, paperwork, and court procedures involved in adopting a child. Additionally, they assist with matters such as guardianship, paternity disputes, and prenuptial agreements, providing expert advice and ensuring legal compliance.
Conclusion: When faced with family legal matters, the expertise of an experienced family lawyer can make a significant difference. Their knowledge of family law, negotiation skills, and courtroom experience can alleviate your stress, protect your rights, and work towards the best possible outcome. Whether it’s divorce, child custody, spousal support, or other family matters, consulting with an experienced family lawyer is a wise decision. They will provide you with personalized legal guidance, helping you navigate through challenging times with confidence and ensuring your interests are well-represented.
Saudi Arabia commits financial support to help Pakistan secure IMF deal: minister
Active taxpayer’ list
In Pakistan, the Active Taxpayer List (ATL) is a directory of taxpayers who are currently registered with the Federal Board of Revenue (FBR) and have filed their tax returns for the previous tax year. The ATL is updated on a regular basis and is used by various authorities, including financial institutions and government agencies, to verify the tax status of an individual or a business. Being on the ATL can also provide certain benefits to taxpayers, such as exemption from withholding tax on certain transactions and priority in the processing of tax refunds.
PRELIMINARY in income tax ordinance in Pakistan
In the Income Tax Ordinance of Pakistan, “preliminary” refers to the initial assessment or determination of a tax liability before any adjustments, deductions, or exemptions are taken into account. The preliminary tax liability is calculated based on the taxpayer’s income or profits without any allowances or reliefs applied. Once the preliminary tax liability is determined, the taxpayer can then apply any deductions or exemptions they may be eligible for to arrive at the final tax liability.
#tax filling service in Pakistan,Income tax filling,sale tax filling,NTN Registration
How Many type of Income Sources
There are several types of income sources, including:
Earned Income: obtained through employment, self-employment or running a business.
Investment Income: obtained through returns on investments such as stocks, bonds, and real estate.
Passive Income: received without actively participating in the work, such as rental income, royalties, or dividends.
Retirement Income: obtained through pension plans, social security, or personal savings plans.
Public Assistance: provided by government programs such as unemployment benefits, disability benefits, or welfare.
Inheritance: received from the estate of a deceased person.
Sale of property: profit from selling real estate, artwork, or other assets.
Gambling or Prize winnings: from games of chance or contests.
Note that the tax treatment of these income sources can vary, and it is important to understand the tax implications of each type of income.
NTN Registration FBR
NTN Registration FBR
For tax filling first require NTN registration
Following information required for NTN Registration at irs
- CNIC
- E-mail ID
- Mobile Number
Step 1
https://iris.fbr.gov.pk/public/txplogin.xhtml
E-Enrollment for Registered Person
If you have NTN then you have to click on E-Enrollment for register person
Enter CNIC, Select Mobile Network, Mobile Number , E-mail Id
Registration for unregistered person
If you don’t have NTN then click registration for unregistered person
CNIC, Complete Name, Select Mobile Network, Mobile Number, E-mail Id
Step 2
Submit all data then you will get Verification code on email and mobile. After entering codes you are able to receive password and pin.
Step 3
Login with the help of CNIC and FBR Password https://iris.fbr.gov.pk/public/txplogin.xhtml
Step 4
If you are registration is as a unregistration person then open 181 form. You will find this in Registration tab
Click on Property tab and Add Property details.
Click residence/ head office tab
After adding data then submit the form you are able to register after 30 minutes.
For confirmation about your NTN visit
https://e.fbr.gov.pk/esbn/Service.aspx?PID=7kzLK/MIuc8uksSNbQzWuA==
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Sales & Income Tax Consultant in Islamabad Rawalpindi
Astro Associates established in 2015 by a group of professionals in diverse fields to cater for the needs of quality services in the field of income tax & Sales Tax Consultancy services in Islamabad, Pakistan,accounting,taxation,corporate and management consultancy.The personnel strength of Astro Associates lies in a dynamic team of Chartered Accountants,MBA’s,Cost and Management Accountants,Tax and Corporate Law specialists, Researchers,Doctors,Engineers,Lawyers and Information Technology specialists. Our team presents a blend of experience and fresh talent with a passion for excellence, individually as well as collectively.
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sales tax consultant in Islamabad
income tax consultant in Islamabad
Income tax consultants in Islamabad