How to Reduce Salary Income Tax | 24 Different ways of adjustment | Advance Income Tax | 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/92300757...
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

[@Adnanbhatti788]

Thanks faheem bhai jazakAllah...

[@faheempracticallearning]

@@Adnanbhatti788 👍

[@akbarloona1475]

😢Sir from your lectures i learn a lot of concepts about taxation.. I appreciate you for such free of cost lectures.. ❤

[@faheempracticallearning]

👍

[@ahtisham.mughal]

Superb video, productive

[@riasatali4822]

سر سرکاری ملازم کا سیونگ اکاؤنٹ یا فکس ڈپازٹ کے منافع سے کٹنے والا ٹیکس سیلری کے انکم ٹیکس سے کس طرح کلیم ہو سکتا ہے?

[@faheempracticallearning]

this is not claimable against salary

[@zainmalik5600]

Kitni insurance premium ammount per tax hy???

[@falcondigitall]

@Faheem Bhai, you are doing great service to us. Please i wan to get filer from now , can i adjust my all such sections of previous year like mobile and telephone bills as my company is paying the taxes .

[@faheempracticallearning]

No

[@faheempracticallearning]

Only current year

[@falcondigitall]

Sir please if u can give clarity

[@wasimsaigal121]

Thank you for Good Information. Kea hum Apny Tax return file karty waqt yah Adjustable tax kay Certificate bhii attached kar dain yah nahi ? yah kea yah Adjustable tax kay document attached karna tha chea with tax return?

[@ImtiazAli-rp7wn]

Sir,, can all these advance taxes be adjusted by personnel other than salaried persons. If a filer is showing his rental income and pension, can he also adjust all these taxes in the tab of adjustable tax?

[@salmanshafiq786]

aa sir landline, internet connection, kay sare bills add kr kay likhain ge ya inka bhi koi July month wala bill wala koi scene hai ? jahan sare incime tax aik bill mai likha hota hai ?

[@user-he3vp2pb1l]

How to provide wht monitring

[@faheempracticallearning]

?

[@wasimsyed8034]

Sir, what is the difference between Adjustment of Min Tax (Paid u/s 113 in earlier Year code: 923198) and Refund Adjustment of Other Year (against Demand of this Year code: 92101). Under which code the refundable income tax amount of TY 2022 be entered for 2023 return filing. Is prior permission required from income tax dept. if amount is below Rs.10,000 . Kindly advise.

[@ShahzadAli-rn3vy]

Sir sales tax pain on purchase of new motorbike is it adjustable

[@faheempracticallearning]

No, only income tax is adjustable

[@ejazlone5105]

Sir under which rule one can adjust his withheld taxes himself? Its purely discreton of income tax officer to accept such withheld tax at the time of granting refind. Pls correct if i am wrong

[@faheempracticallearning]

Check lecture of IT 3 form, already explained

[@ejazlone5105]

@@faheempracticallearning ok

[@gulfamyasin5732]

Sir can have your phone number

[@everything_inside6335]

Sir from where we can find IT3 form?

[@faheempracticallearning]

Available on fbr website

[@everything_inside6335]

Plz reply