Gain on Car Taxable | on which assets Gain is not Taxable | Section 37 | Income Tax

Gain on Car Taxable | on which assets Gain is not Taxable | Section 37 | Income Tax | FBR |

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Faheem Practical Learning House

Күн бұрын

Пікірлер: 84

@aliusmanhashmi5222 Ай бұрын

You're contribution to the tax field is priceless. Highly appreciate your videos we learn a lot from it. 💯😇

@vikramluhano Ай бұрын

Sir sir dil khush kardiya bohat zabardast way hai apka thanks i got more from you❤

@faheempracticallearning Ай бұрын

👍

@kamransajjad308 Ай бұрын

Sir CVT adjustable hai? If yes to where should we mention it in ITR Form? There is no section of CVT in adjustable tax.

@faheempracticallearning Ай бұрын

part of expense

@MalikUsman-ml1fn Ай бұрын

Thanks Sir, resolved my concerns.

@faheempracticallearning Ай бұрын

@@MalikUsman-ml1fn 👍

@raziuddin4516 Ай бұрын

Bahi Jan good informative lecture.

@faheempracticallearning Ай бұрын

👍

@irfanmushtaq9547 Ай бұрын

Gari ka gain tax returns main kaisey / Kahan write karain ya kis column main show hoga reply

@TahiraSaddique-t7w Ай бұрын

Agar used bike purchase ki ho to uski kinti value declare Karni Hogi fbr main ...Jo stamp per likhi hui ha wo wali ya Jo uski invoice price ha wo? Kindly reply

@muhammadirfan8780 Ай бұрын

Depreciation expense is admissible in business individual case ??

@hassanshahzad2484 Ай бұрын

Is capital gain on property acquired paid in advance under section 147 or at the time of return filing @ Faheem Mehboob sahib

@faheempracticallearning Ай бұрын

When ownership transfer

@hassanshahzad2484 Ай бұрын

@@faheempracticallearning Sir if we pay capital gains upon return filing and not upon ownership transfer will it attract any penalty from FBR?

@kbboy101 Ай бұрын

car sale ki entry kither kerni hai? wealth statement -> reconciliation -> inflow?

@hmmm3570 Ай бұрын

gift vehicle 2007 personal use model sale kernay pay koi tax dayna hu ga kay ni ?

@faheempracticallearning Ай бұрын

no tax on sale of personal vehicle

@hmmm3570 Ай бұрын

@@faheempracticallearning shukeria sir buht buht

@faheempracticallearning Ай бұрын

@@hmmm3570 👍

@jnokia2303 Ай бұрын

Is it necessary to make a gift deed on the same date when asset is gifted ,what if gift was transfered in May 2024 & gift deed made in September 2024,is it acceptable by fbr,also in which year we can show it in returns 2024 or 2025?

@syedaunzaidi1796 Ай бұрын

Informative video

@faheempracticallearning Ай бұрын

👍

@abdulwaheed6074 Ай бұрын

1st July 2024 se pehlay khrareed ki gaee immovable property ko sale krnay per Milne valay profit per gain tax payable hoga ya nhi .

@faheempracticallearning Ай бұрын

Yes, if sold after 6 years thn no tax

@Usman-fj9tz Ай бұрын

Where personal vehicle sale capital gain amount enter in individual income tax return (Inflow ? Or income?)

@faheempracticallearning Ай бұрын

in reconciling of assets, gain on assets

@mohammadimran9902 Ай бұрын

As u told in your lecture if personal animals is sold there is no gain tax. So pls can tell me any references

@faheempracticallearning Ай бұрын

Already explained

@mr.muhammadnauman3946 Ай бұрын

Dear sir, agar car purchase ki hy and Us per sales tax dy dia and vendor ny sales tax ki invoice system me daal di hy then kia hum wo sales tak ka input claim kr sakty hy apni sales tax ki return me.

@ksk701 Ай бұрын

Good information

@faheempracticallearning Ай бұрын

👍

@ShanAli-cf7wf Ай бұрын

Aoa Faheem Bhai and aik news sunni hai ke fbr mini budget ke through Jo incomplete return file karty Hain including nill filers hain on par 1 million tax lagany ka ordinance LA rahy Hain with asset purchase restriction.

@faheempracticallearning Ай бұрын

w.salam till now this is just news, wait for next step

@ShanAli-cf7wf Ай бұрын

G sir but ager yeh implement ho jata hai toh jis person ki 5 lakh income hai wo toh nill return consider ho gi toh wo bechara kaha se itni bara fine pay Kary ga

@faheempracticallearning Ай бұрын

@@ShanAli-cf7wf 😔

@haseeb2910 Ай бұрын

Is the capital gain recognized? If yes, under what section?

@faheempracticallearning Ай бұрын

exempt on other thn capital assets

@ammarali99 Ай бұрын

Open Plot ke files hai us ka profit taxable hai sir? Or ise Kesy treat krain gy

@faheempracticallearning Ай бұрын

@@ammarali99 yes gain tax

@rajabbashiradv5 Ай бұрын

Aoa Sir Foreign IT Exports By Individual or AOP ki income treatment ka regarding koi Detail lecture Upload krain Kindly.

@faheempracticallearning Ай бұрын

w.salam Yes sure

@Alimubeen1324 Ай бұрын

Vehicle sales ka profit hum kahan report kareingy other income main

@faheempracticallearning Ай бұрын

in reconciliation of asset TAB, gain on assets

@jnokia2303 Ай бұрын

Is the rule of no gain tax after 6 years apply on inherited property transferred to legal heirs after july 2024,if they want to sale this property, what if property is 100 year old ,do we have pay gain tax on almost all amount or not?

@jawadali9444 27 күн бұрын

Yes it applies when the inherited property is successfully transferred in their wealth.

@usamakhalid6078 Ай бұрын

Property naam pe ha or uska rent kuch khud rkhty hain or kuch bachon mai divide kr dety hain phir b tax dyna ho ga jo us property say ata ha property sirf aik bndy k naam ha magar wo rent bachon ko dy dyta ha half kr k

@AR-fr8br Ай бұрын

پاکستان میں بہت کم ایسا ہوتا ہے کہ آپکو حقیقت میں بھی منافع ہو۔ مثال کے طور پر اگر آپ نے ایک گاڑی بیس لاکھ روپے کی لی تھی اور تین سال بعد تیس لاکھ کی بیچی تو یہ پرافٹ نہیں ہوتا کیونکہ تین سال بعد ہماری کرنسی کی قدر اتنی کم ہو جاتی ہے کہ تیس لاکھ درحقیقت بیس لاکھ سے بھی کم قدر کے پیسے بن چکے ہوتے ہیں۔ روپیہ ہر سال اپنی قدر بہت زیادہ کھو دیتا ہے۔

@abumuaviyah Ай бұрын

Correct

@faheempracticallearning Ай бұрын

👍

@waseemsaeed1716 Ай бұрын

faheem bhai agr kisi showroom sy car as a gift mily tb us pr b tax lgta hai .??

@faheempracticallearning Ай бұрын

Gift must be legitimate

@jnokia2303 Ай бұрын

@@faheempracticallearning gifted car ki value konsi show karein return mey,cost value or market value?

@Muslimmemon Ай бұрын

Jaha tak mujha yad parta ha ek bunda (Salaried or business) car book karta ha aur bech data ha us ke income aap na taxable batae thi. Am I right Sir?

@faheempracticallearning Ай бұрын

Yes if car used for business purpose, and depreciation also claimed thn taxable

@Muslimmemon Ай бұрын

@@faheempracticallearning No Sir depression not claimed car is booked and sold then ???

@saleemakhtar1094 Ай бұрын

Where the gain on sale of personal car booked in return 2024 in case of salary person. Pls advice. Regards

@MuhammadAli-zs5hg Ай бұрын

What will be the impact if land sale value is low as per buying price , especially in these days when land demand is low and people face loss instead of Gain.....

@faheempracticallearning Ай бұрын

Report, loss on property

@usama6811 Ай бұрын

ghar ka Malba sale kia tou kia wo taxable hy?

@faheempracticallearning Ай бұрын

How much amount?

@usama6811 Ай бұрын

3 million @@faheempracticallearning

@naumanayub1348 Ай бұрын

Where to enter car token tax.

@faheempracticallearning Ай бұрын

report income tax in adjustable tax, and other value in rent, rates and taxes

@naumanayub1348 Ай бұрын

Ok thanks.

@amjadislamamjad8 Ай бұрын

اگر جیولری سیل کر کے پلاٹ خریدا گیا ہو تو کیا جیولری پے ٹیکس لگے گا۔

@faheempracticallearning Ай бұрын

Yes if have gain

@amjadislamamjad8 Ай бұрын

@@faheempracticallearning والدین نے جو جیولیری اپنے بچوں کو دی ہے کیا یہ گین ٹیکس کا حصہ بنے گی۔یہ کیسے کنفرم ہو گا کہ یہ گین ٹیکس ہے

@faheempracticallearning Ай бұрын

@@amjadislamamjad8 yes taxable upon sale

@TechEnterNetwork7585 Ай бұрын

Please quote ITO reference also...

@faheempracticallearning Ай бұрын

@@TechEnterNetwork7585 already mentioned

@legalnetworkandpositivisim3379 Ай бұрын

Sec 37(5).

@faheempracticallearning Ай бұрын

@@legalnetworkandpositivisim3379 👍

@sikandarraza7806 Ай бұрын

Sir Government Employees Jo Doctor Medical College Ka Professor Hota Ha Jis Ko Allowances Miltey Han Adhoac Fund Miltha Ha Transport Allowance Miltha Ha Jis Ke Salrey 350000 Say 450000 Kay Darmayan Ha Os Kay Layye To Plz Video Bana Dayn

@faheempracticallearning Ай бұрын

Yes sure

@sikandarraza7806 Ай бұрын

@@faheempracticallearning Thanks Sir

@faheempracticallearning Ай бұрын

@@sikandarraza7806 👍