Solution Manual for Financial Accounting, 11th Edition by Robert Libby, Patri...
Tax E filing in pakistan
1.
2. Introduction
Fbr website overview
List of E-services
Filer and non filler
Withholding Agents
Compliance of withholding
Non compliance penalties of wht holding tax
return.
Online NTN/ Tax payer verification
PSID/E-challan
Filing wht holding tax u/s section 165
Monthly Sale tax Return
3. E-Service is simply a way to serve your
documents using internet and taxes online
system. It saves time and, quite often, a
significant amount of money over traditional
methods’-filing is an electronic facility
provided by the FBR to the taxpayers to file
income tax returns/statements.
4. Company
AOP
Individual
Benefits of E-filing
Convenience:
Security:
Accuracy
Proof of Filing
Direct Deposit
5. REGISTARTION SERVICES
Taxpayer Registration
Change in Particulars
Enrollment for availing e-Services
(i.e.Obtaining User-Id, Password and PIN)
Application of enrollment as e-Intermediary
INCOME TAX RETURNS
Income Tax return
Income tax withholding statements
Return of Aircraft/ ship Owner
Time extension request for filling return
SALES TAX
Sales Tax return
Sales tax withholding statements.
6. TAX PAYMENTS & REFUNDS
Income tax
Sales Tax
Federal Excise Duty
Withholding Tax
Sales Tax Refund Application
Income Tax Refund Application
CUSTOMS (WeBOC)
Declaration Filing for Imports (GD Imports)
Declaration Filing for Exports (GD Exports)
7. The person whose name is appearing in the
list as an "Active Tax Payer" issued by the
Federal Board of Revenue shall be considered
as a filer; also a person holding a "Taxpayers'
Card".
Non filers while non-filers means a person
who is not a filer of income tax Return.
8. (Supplies, Services, Contracts, Salaries)
Who to Withhold
Company (Including NPOs, NGO, INGO)
Consortium, JV, Foreign Contractor /
Consultant, Exporter
AOP (Annual Turnover Exceeding 50 million)
Business Individual (Annual Turnover
Exceeding 50 million)
Every Employer on Payment of Salaries
Every Sale Tax Registered Person
9. Statements.— (1) Every person collecting
tax under Division II of this Part [or Chapter
XII] or deducting tax from a payment under
Division III of this Part [or Chapter XII] shall, [
] furnish to the Commissioner a [monthly]
statement in the prescribed form setting out
10. [182. Offences and penalties.— (1) Any person who
commits any offence specified in column (2) of the Table
below shall, in addition to and not in derogation of any
punishment to which he may be liable under this
Ordinance or any other law, be liable to the penalty
mentioned against that offence in column Section 182
substituted by the Finance Act, 2010. The substituted
section 182 read as follows:
Where any person fails to furnish a statement as required
under section 115, 165 or 165A within the due date.]
Such person shall pay a penalty of Rs. 2500 for each day of
default subject to a minimum penalty of fifty thousand
rupees.
Example