Tax Consultant Posts - TopicsExpress

President endorses FTOs ruling The President has confirmed the
President endorses FTOs ruling The President has confirmed the ruling of the Federal Tax Ombudsman (FTO) that there was no question of deliberate or ...

President confirms FTO verdict: no tax payable, no penalty for
President confirms FTO verdict: no tax payable, no penalty for late filing When no tax was payable, penalty for late filing of income tax return is i...

Government to collect budgeted Rs 145 billion for fiscal year
Government to collect budgeted Rs 145 billion for fiscal year 2015: President signs GIDC Ordinance President Mamnoon Hussain, on the advice of the Pr...

NPOs and trusts: IT exemptions replaced with 100 percent tax
NPOs and trusts: IT exemptions replaced with 100 percent tax credit The income tax exemptions available to the non-profit organisations, trusts and w...

Bonus shares: companies must deposit tax in 15 days of closure of
Bonus shares: companies must deposit tax in 15 days of closure of books: FBR The Federal Board of Revenue (FBR) Friday said that the companies not qu...

LHC spells out conditions for taxpayers prosecution The Lahore
LHC spells out conditions for taxpayers prosecution The Lahore High Court (LHC) has declared that tax department cannot carry out criminal prosecutio...

Levy of 17 percent: ACT to discourage companies declaring losses:
Levy of 17 percent: ACT to discourage companies declaring losses: FBR The Federal Board of Revenue (FBR) has estimated major reduction in the number ...

Income Tax Ordinance, 2001: ATIR interprets applicability of
Income Tax Ordinance, 2001: ATIR interprets applicability of Section 18(1)(d) The interest-free loan taken from directors cannot be charged to tax in...

Filing WT statements made mandatory Finance Bill 2013 approved
Filing WT statements made mandatory Finance Bill 2013 approved by National Assembly on Thursday made it mandatory for all taxpayers to file wealth s...

Unregistered retailers: FBR waives off CNIC-NTN condition The
Unregistered retailers: FBR waives off CNIC-NTN condition The Federal Board of Revenue Friday introduced an anti-documentation measure by waiving off...