Editor

tax rebate process

Income Tax Tax Tax Credit

Tax Rebates on Donations under Section 61 of the Income Tax Ordinance, 2001

Nov 28, 2024 Editor

Tax Rebate on Donations under Section 61 of the Income Tax Ordinance, 2001 Introduction Donations

foreign tax credit infographic

Business Tax Foreign Tax Income Tax Tax Credit

Guide to Foreign Tax Credit (FTC) Under Income Tax Ordinance, 2001

Nov 27, 2024 Editor

A Guide to Foreign Tax Credit (FTC) Under Pakistan’s Income Tax Ordinance, 2001 The Foreign

Infographic illustrating tax credit for Bahbood Savings Certificates

Income Tax Tax Credit

Understanding Tax Credit on Bahbood Savings Certificates and Similar Accounts in Pakistan

Nov 26, 2024

A detailed explanation of tax years in Pakistan, including Normal Tax Year, Special Tax Year, and Transitional Tax Year.

Business Business Tax FBR Income Tax Tax

Understanding Tax Years in Pakistan: Normal, Special, and Transitional Tax Years Explained

Nov 26, 2024

Consequences of non-compliance with tax laws - tax penalties and restrictions

12 Consequences of Non-Compliance: What Happens When You Don’t Follow Tax Laws

Nov 5, 2024

Businessman reviewing financial statements for tax compliance in Pakistan.

Business Business Tax Income Tax Pakistan

Important Points to Consider Before Declaring Financial Statements Under Taxation Laws in Pakistan

Nov 5, 2024

Stack of archived files labeled by tax year, showing the importance of keeping tax records for at least six years as required by Section 174

Business Business Tax FBR Federal Board Of Revenue Income Tax

Step-by-Step Guide to Maintaining Tax Records as per Section 174 of the Income Tax Ordinance 2001

Nov 4, 2024 Editor

Edit with Elementor Guide to Tax Record-Keeping under Section 174 of Pakistan’s Income Tax Ordinance,

income-tax-books-of-accounts or electronic-tax-register-instructions

AOP Business Business Tax FBR Federal Board Of Revenue Income Tax Pakistan Tax

Complete Guide to Maintaining Tax Records Under Income Tax Rules, 2002 (Amendments up to 24.11.2023)

Nov 4, 2024 Editor

Complete Guide to Maintaining Tax Records Under Income Tax Rules, 2002 (Amendments up to 2023)

1. Illustration of cash basis vs. accrual basis accounting for tax purposes in Pakistan under Section 32 of the Income Tax Ordinance, 2001. 2. Visual representation of cash-basis accounting, highlighting income received and expenses paid for tax compliance under Section 33. 3. Example of accrual-basis accounting in Pakistan, showing how income and expenses are recorded when due or payable under Section 34. 4. Stock-in-trade valuation example with FIFO and average cost methods, illustrating tax calculation requirements under Section 35. 5. Diagram explaining percentage of completion method for long-term contracts under Section 36 of the Income Tax Ordinance, 2001. 6. Checklist of best practices for maintaining tax accounting records in compliance with Pakistan's Income Tax Ordinance, 2001

Business Business Tax FBR Income Tax Pakistan Partnership

Mastering Tax Accounting Compliance under the Income Tax Ordinance, 2001 – A Practical Guide

Nov 4, 2024

Infographic of Pakistan’s Income Tax Ordinance 2001 with a timeline showcasing significant amendment years and tax compliance symbols.

FBR Income Tax Tax

Income Tax Ordinance 2001 of Pakistan: Yearly Amendments, Key Changes, and Complete Guide

Oct 26, 2024

▲