Advance Income Tax 236H & G | Expense or Advance Tax | Solution | How to adjust | Margin | FBR |

Anyone interested to learn Pakistan taxation including E-Filing of both sale tax and income tax please WhatsApp or call at 03007574731.
Click on below WhatsApp link for further details of Practical Taxation Course
wa.me/message/5BNUTBJFAPHUN1
Income tax Includes
1. Section-149 Income from Salary
2. Section-155 Income from Property
3. Section-153 Payment of goods, service and contract
4. Section-147 Advance income tax
5. Section-148 Import
6. Section-231AA and 236P Advance tax on certain banking transection
7. Section-231B Advance tax at the time of registration of private motor vehicle
8. Section-235A Tax collection from domestic electric bills
9. Section-236 Tax collection from telephone users
10. Section-236B Advance tax on purchase of domestic air ticket
11. Section-236F Advance tax on cable operator and other electronic media
12. Section-236G Advance tax on sale to distributor, dealer and wholesalers
13. Section-236H Advance tax on sale to retailers
14. Section-236I Advance tax by educational institutions
15. Section-236U Advance tax on insurance premium
16. Section-236X Advance tax on Tobacco
17. Section-236Y Advance tax on remittance abroad through credit, debit or prepaid cards
18. Fine and penalties
19. Section-177 Audit
20. Treatment of provision for bad and doubtful debts
Sale Tax Includes
1. What is sale tax or indirect tax and concept of VAT
2. Difference between Input and Output tax
3. Further tax and extra tax
4. Calculation of Sale tax
5. Advance sale tax
6. Withholding Sale tax
7. Debit and credit notes
8. Admissible credit
9. Annexure A, B, C, F,H, J and I with practical example
10. Supply and purchase register
11. Stock or consumption sheet
12. Concept of Punjab Revenue Authority (PRA) and Sindh Revenue Authority (SRB)
E-Filing
1. Monthly sale tax return
2. Withholding Statement
3. Reconciliation of sale tax return
4. Reconciliation of wealth
5. Annual income tax return of Salary Individual
6. Annual income tax return of Company
7. Annual income tax return of Business Individual / Retailer or Trader
8. Annual income tax return of AOP
All above section will be cover with practical example and online filing.
Regards,
Faheem Mehboob
ACCA Member
03007574731

[@ateeqahmad4114]

Excellent Sir

[@faheempracticallearning]

@@ateeqahmad4114 👍

[@nijoftdc]

Informative

[@faheempracticallearning]

👍

[@nijoftdc]

I have sent you what's app message for the course

[@muhammadasadmurtaza3972]

Respected Sir, please explain the 153 and 236 G and H are applied on same invoice?

[@faheempracticallearning]

Yes

[@hamzaameer6561]

AOA Faheem Bhai ap NY retailer k perspective entry perform ke hai lakin jab manufacture invoice bnaye ga wo Kya entry kre ga

[@hashaamali]

Sir jo further sale tex laga hy non register py 4% or agr hum strn mai register ho jaty hn kia wo 4% hamra margin mai show ho ga ya jama krwana pary ga ?? As sub distributors

[@faizanmazharsyed7668]

Please make video on Capital gain tax on securities by company do that now changed to normal tax from FTR

[@faheempracticallearning]

Yes sure.

[@AmarRahman-u3k]

Thank you explaining. Just a small thing, I'm a filer and deals in Retailer Business. Now the 0.5% that I'll pay to Distributor, should I increase my product cost for end customer with 0.5% or this amount will be considered as my Advance Income tax that I'll adjust latterly? Further, do I need to register myself under "sales tax" as well?. Thank you.

[@faheempracticallearning]

@AmarRahman-u3k this 0.5% is adjustable tax for your, logically it is not part of end price, but practical it is being followed in market

[@AmarRahman-u3k]

@@faheempracticallearning Thank you for the clarification. The follow-up question regarding sales tax, being a Retailer I'm not required to submit sales tax return every month, It'll be done by the Distributor or the Manufacturers accordingly. am I right ?

[@poetryforthesoulwithwaseem6599]

Sir on white crystalline sugar for manufacturer is subject to 15 rupees per kg FED in finance act 2025 does pharma has an exemption?

[@faheempracticallearning]

It will be applicable on all manufacturer

[@poetryforthesoulwithwaseem6599]

@@faheempracticallearning thanks you so much for your usual quick support. Jazak ALLAH.

[@faheempracticallearning]

@@poetryforthesoulwithwaseem6599 👍

[@ItsMeMoon786]

Bhai 118,000/- ka 0.5% apne 900 kaise calculate kiya? 118,000 ka 0.5% toh 590 banta hai

[@faheempracticallearning]

Already explained I assumed

[@ItsMeMoon786]

@@faheempracticallearning oh ok.. Non-filer ki example pe i heard you said “let’s assume”. Iss example pe skip hogya shahyd mujh se.

[@mohiuddinparay9822]

سر ، میں بحثیت ڈسٹری بیوٹر مارکیٹ سے جو ۔5.اور 2.5 ٹیکس کولیکشن کررہاہوں وہ کیسے واپس جمع کرانا ہے ۔اور مجھ پر جو 0.10 ا ور 0.5 لگا ہے وہ کیسے adjust ہوگا

[@faheempracticallearning]

Pls watch previous lectures of 236H

[@abdulsamad-zj2zj]

Sir fertilizer dealer jn ka tax 236G mein company deduct krti hy,wo sale krty wkt 236H mein 0.5% ya 2.5% tax b deduct kr k jama krwaen gy.. kia sale to end consumers ka b 236H tax hoga?

[@faheempracticallearning]

Yes

[@hamzaameer6561]

Manufacturer 236H & 236H deposit kb krwaye gai kya customer sy payment milne k baad deposit kraye ga ye pehly

[@faheempracticallearning]

no, this need to deposit on time,

[@muhammadasifqadri8138]

اسلام و علیکم! فہیم صاحب لائیو سٹاک کے کاروبار پر کیا ٹیکس عائد ہوگا. اگر میٹ سیل کیا جائے تو پھر کیا ٹیکس لگے گا؟ برائے مہربانی بتا دیں

[@faheempracticallearning]

@@muhammadasifqadri8138 what is your supply chain?

[@muhammadasifqadri8138]

@@faheempracticallearning میٹ سیل

[@hamzaameer6561]

Jab manufacturer invoice bnaye ga wo 236G & H ke accounting treatment kya kre ga

[@darkace0387]

WTH tax is a liability from a Business's Perspective so just like Sales Tax, is ka be Creditor a/c open ho ga. In short let's suppose 100k main say 10k is WTH so your credit entry would be WTH CR 10k Cash/Bank Cr 90k You can Dr the relevant party

[@hamzaameer6561]

​@@darkace0387 ye 90 sy sales credit nahi ho ge

[@ahsanlive]

Is it necessary to register in sales tax for retailers? Kindly guide us.

[@faheempracticallearning]

@@ahsanlive yes, otherwise 4% further tax will be applied,

[@amjadrasheed4617]

Can we claim tax on bank profit in salary tax

[@faheempracticallearning]

@amjadrasheed4617 yes, if another's no onxoemgv

[@shafiqrajpoot9499]

Can we adjust or refund 2% with holding tax from our profit ... we are exporters

[@faheempracticallearning]

Which profit?

[@shafiqrajpoot9499]

@@faheempracticallearning Sorry, couldn't explain thoroughly ... in this new budget, 2% withholding tax will be deducted by bank when exporter receives payment against his shipment ... now FBR imposed 27% tax on profit as well ... my question is, may we can adjust 2% withholding tax from imposed 27% tax on profit???

[@darknebulamart]

Sir apka tax course chahye but aap response nhi de rahe whatsapp per

[@faheempracticallearning]

@@darknebulamart pls text on this number, 0300-7574731

[@darknebulamart]

@@faheempracticallearning Sir kafi messages kye hian but koi reply nhi

[@user-cc3yp1kg6b]

G r h kis pa lagy ga ya batain

[@faheempracticallearning]

Distributor/wholeseler& retailer

[@user-cc3yp1kg6b]

@@faheempracticallearning sir g my ya ppoch raha hn k my apni company my invice banata hn to mujy distributors ki invouce pa konsa tax laga ha 236g ya h.ya samjh ni araha ...236g kis pa use hota h r 236h kis pa use hoga

[@faheempracticallearning]

@@user-cc3yp1kg6b watch previous lectures, already explained this concept

[@Accountant2023]

السلام و علیکم سر 20 ہزار کا ٹیکس ضائع ہو جاہے گا۔ کیا ہم اپنے اثاثے اور سفید پیسوں کو بڑھانے کے لیے آرٹیفیشل سیلز اینڈ پرچیز ریکارڈ کر سکتے ہیں تاکہ پرافٹ زیادہ ہو اور ہم اپنے اثاثے برھا سکیں ۔ Plz answer

[@Accountant2023]

السلام و علیکم سر 20 ہزار کا ٹیکس ضائع ہو جاہے گا۔ کیا ہم اپنے اثاثے اور سفید پیسوں کو بڑھانے کے لیے آرٹیفیشل سیلز اینڈ پرچیز ریکارڈ کر سکتے ہیں تاکہ پرافٹ زیادہ ہو اور ہم اپنے اثاثے برھا سکیں ۔ Plz answer

[@faheempracticallearning]

@@Accountant2023 try to follow law,

[@faheempracticallearning]

@@Accountant2023 follow law

[@Accountant2023]

@@faheempracticallearning Answer not clear, sir what do you mean plz clear this

[@Accountant2023]

@@faheempracticallearning @faheempracticallearning Answer not clear, sir what do you mean plz clear this

[@maamerkhalid]

سر MIS کے بارے میں بھی بتائیں کیوں کہ ایف بی آر یہاں سے لیے گئے ڈیٹا کو نہیں مانتا بلکہ ٹیکس ڈیڈکشن سرٹیفکیٹ مانگتے ہیں، MIS کے ڈیٹا کی لیگل پوزیشن کیا ہے

[@faheempracticallearning]

Yes, we need tax certificate, ask your supplier to issue

[@mianmehmoodulhaq3518]

Excellent sir

[@faheempracticallearning]

👍