How to Revise Income Tax Return | Income tax return revision online| Tax Return Revision

How to Revise Income Tax Return | Income tax return revision online| Tax Return Revision
#iris #fbr #incometaxfiling #tax #7e #atl
#imrankhan

[@bilalqayyum498]

very nice lecture . Thanks

[@abdulwaheed6074]

Very good information

[@FinanceExpert03144086298]

Thanks

[@shehzadahmad1373]

Very nicely explained by covering each and every aspect

[@user-qs3dv6ld6b]

Exceptionally explained

[@RaoAsadUllah-ye8xy]

Excellent Briefing. I mistakenly added wrong value in previous year net assets field in wealth statement. I submitted the revised wealth statement, it was submitted successfully. Then I thought if I updated the wealth statement I should update tax returns also. So I revised my tax returns and when I tried to submit it, it throws error and its saying that get commissioner approval. And that approval process is very difficult. But after seeing your video, I understand that we dont need to revise our returns. So thank man for a good explanation

[@bumblebee9912]

I have seen many videos from FBR consultants but yours is the only channel that gives detailed step by step guidance in simple words which any one can easily understand. I can be absolutely confident to trust advise from you. Keep up the great work. Jazakallah

[@FinanceExpert03144086298]

So nice of you

[@FinanceExpert03144086298]

So nice of you

[@bumblebee9912]

Mashallah your videos are very detailed and structured well. Keep up the good work and Jazakallah. I have a question, if by mistake I have forgotten to add my bank profit of say 50k, on which tax was also deducted by the bank, so do I need to revise the return and wealth statement? or shall I let it pass? Many thanks!

[@FinanceExpert03144086298]

No need to revise

[@xs4mig1]

In 2021-22 my ITP carelessly filed return so much so bank balance were taken short of actual, Can i bring them to actual position by reducing my expenses, In that case do I need to revise Wealth only or Income statement as well

[@khanthinking]

I think wealth statement revised ho jati ha. Lakin tax return revised karny ky liay tax Commissioner ki approval lani parti ha

[@usman_jaan]

Bhai agar total income 1 lac hai. Or deductible allowance 10 hzar hai. Ab taxable income 90 hazar aye ... to last Reconciliation mein income Declare as per return the year subject to normal tax mein 90 hzar lkhna ya 1 lac..?

[@FakharAbbas-wb8ps]

A good informative video,, i missed to add my residential plot in it return 2021,,, how can i add in it return 2021 and 2022 and 2023

[@FinanceExpert03144086298]

In year's ki wealth statement Revise kre

[@seasahil1086]

Aoa, Bhae meri income and tax payment ki entry edit he nae hu rahe, kindly Bta do kya kro

[@marinakanwal2495]

Sir agr 60days k bad revise krni ho to phr kia kren ge?

[@muhammadyousuf3908]

I actually revised income tax return for the year 2020, now we received notice, when I open both returns revised and voluntarily filed, both are showing same date, so my question is, date of both returns is changed to the revised or original return date remains same?

[@bumblebee9912]

Last question, I promise last :) the profit from national savings certificates, a lot of consultants add them to section 7B, but I think they should go to 155.... no? of course if a taxpayer has 2 - 3 types of income, e.g. rental income, behbood certificates and national savings certificates (on which tax is withheld at source) then if I add in 7b the tax to pay is less but if I add to 155 ( I think it was 155) then the tax is considerably higher... but in an FBR document I think I read that 155 is for profit from national savings certificate. Jazakallah many many many thanks!!

[@FinanceExpert03144086298]

Dear national Saving profit FTR ki item he . Rental income or bhebood NTR ki . I think ab clear ho gea ho ga

[@bumblebee9912]

Also I have another question, foreign currency account, in which there was no debit or credit transaction throughout the tax year, and has a balance of say $5200, but the state bank rate last year was different so this year do I need to revise the bank balance figure in wealth statement assets in PKR as the rate has increased differently and then add this hypothetical gain in the reconciliation tab in adjustments? OR do I leave the PKR balance as it was last year? Accounting principle ke light mei I should do this and post this adjustment BUT some consultant on youtube say that if there was no transaction in the entire year than you don't need to change balance.... Please guide. Jazakallah

[@FinanceExpert03144086298]

Add in adjustments

[@MalikKamran000]

Bhai 2023 ka return jo october main file kia hai . Us ko revised karny k liay commissioner ki approval required hogi abhi.

[@FinanceExpert03144086298]

Watch my video carefully plz

[@aaishasaleem5602]

Sir I was misguided by some person so did not add my inheritance property , one self purchased plot file and 20 lac national saving certificates in my all previous return . Now I am very upset should I revise my all previous returns. A new 10 lac saving certificate was purchased in last year which is also not mentioned how to handle this situation. If I only revise my wealth statement do I need to reconcile these assets especially certificates which are bought by me??? Can only revising wealth statement is enough for previous years??? If it is enough but in present year new return how can I show inflow of all these assets

[@AsimBasharatWorld]

Sir maynay bank account tax return file Karne ky bad bnaia tha, vo add krna hai ab? Ye next returns mein?

[@FinanceExpert03144086298]

Next

[@user-zz1yu8iw5n]

Aslam o alikum Sir sirf 5 year purani returns revised ho sakti hen ya is sy bhi pehly ki kr sakty hen

[@FinanceExpert03144086298]

Wealth statement 5 year tk ho sakty return 60 days

[@younasderban]

Any limitation is there on wealth statement and return as i need to revise of 2017 in 2024?

[@FinanceExpert03144086298]

Yes 5 years k bad revise nae hoty

[@user-zz1yu8iw5n]

Sir Aap khud farmaty hen k swal comments me mocha Karen. Ta k sab ka bala ho . So please sir Jawad dy dia Karen.

[@shaheencomposingpoint4481]

Business k tab m activity ka option hota ha us ma shopkeeper ki activity ni mil rai ha kindly guide ASAP

[@FinanceExpert03144086298]

Other traders select kr len. Koi bhe most relevant

[@abdulqadir3862]

Sir kya 2013-14 me income tax return me wealth statement ka column tha?

[@FinanceExpert03144086298]

Yes

[@tariqmalik612]

Sir,if return revised for filling 7 E form then what about wealth statement.wealth statement has to be revised or not.

[@FinanceExpert03144086298]

No

[@imrananwar9389]

Kia fbr se income side 114 revise kerne ke Liya permission Lena zaroori hai. Aur kitne saal tuk ki revision ker sakte hain

[@FinanceExpert03144086298]

Already discussed plz watch my video carefully

[@MuhibMuhib-c6e]

AoA Sir.. 1) kia 2 years it mean 2022,2023 ki return aik sath revise kr sakta hon? 2). Aur sath hi 2024 ka return be fillup kr Santa hon ya nahi? Please guide

[@FinanceExpert03144086298]

Yes

[@furqanhameed2157]

Aoa Acha aik question he ke .... 2023 ke year me koi return time per submit na kar sake to.... wo non filer ho jae ga air March 24 ok filer hone kelei default surcharge pay karna hota 1000 ka .... to agar 2023 ki return March se pehle submit karani ho to ... wo kis status me kare .... Aur agar return submit kara deta he to.... 1000 rs ki penalty wala form 31 March tak na pay karein ??

[@FinanceExpert03144086298]

Yes ATL pay he 1 march se ho ga os SE pehly ATL nae bany ga

[@shahidmorning4947]

Flat purchase year 2021 but return ma likh na rah gaya ap year 2023 ki return ma kasa likh

[@FinanceExpert03144086298]

2021 ki wealth revise kren . Agr 2023 may itna cash he to phr 2023may add KR Len but better he revise kren previous

[@user-hc9zf8yb7i]

Ager koi gift property enter hona reh gai ho aur us ka time period 5 years sae ziada ho wo gift bai nae Kya hae aur ye agricultural property hae us ko kasae enter kerna ho ga wealth aur return dono Mae ya sirf wealth 17/18 Mae entry miss hue aur phir notice 176 ka Aya jis ka is 22/23 kee return Mae pats chla consultant nae b batya nahee iss defa Mae nae khud return k Lea system open Kya TU peta Chala kindly guide about this

[@FinanceExpert03144086298]

Sir notice k bad revision valid nae rehty . Or system apko file submit he nae krny de GA. Phr bhe ap try KR Len agr revise ho jaey to previous sari revise krny pary g

[@nayabkhan1132]

I have just registered in August 2023. But got notice of 182 of penalty for not fulfill the return of 2022. What should I do.. Should I submit return of 23 or submit 22. Or how can I reply the notice after due date.

[@FinanceExpert03144086298]

No need to worry. Submit Krni to KR den notice Ka issue nae he

[@chemcore1]

I selected 2023-24 by mistake and noticed it after submission. What should I do now? Is it problematic?

[@FinanceExpert03144086298]

23-24ka to form he open nae hota ap be kesy return submit KR Di. Ap chk kre Kuch or submit Kia ho ga

[@muhammadziaasghar7373]

Can Revised Tax Return be submitted after the period of 2 months... even after issuance of notice from Income Tax Department?

[@FinanceExpert03144086298]

Not after notice

[@arifmalik7618]

When commissioner approval required, how we get aproval first??

[@FinanceExpert03144086298]

Visit relevant tax office

[@zeeshanzulfiquar4828]

Sir jis Tax year me notice aya ho or notice settlement hogae h uske bad revise kese kya jae?

[@FinanceExpert03144086298]

Call to FBR helpline

[@user-os1km1kz5p]

Revise return kr li hui lekin submit nahi ho pa ri hai dosucmnets complet nahi huway kay wo dell kr den koi issue tonahi ?

[@FinanceExpert03144086298]

Yes new kr len

[@zeshanali5385]

Can we revise wealth statement more than one time?

[@FinanceExpert03144086298]

Yes

[@ghulamsafdar5721]

I applied for refund. Commissioner says, subject amount not shown in your return. Send new assignment. I revised tax return 2022. Upon submitting, message shown: commissioner approval required. Please guide.

[@FinanceExpert03144086298]

After 60 days of submission ap revision nae KR sakty JB tk commissioner approval na de. Osky liay ap tax office visit kren

[@syedtasleem5289]

Mene same step follow kya ha magar comissioner ki permission mang raha ha. Me kya karo

[@FinanceExpert03144086298]

After 60 days online nae ho h

[@shaheencomposingpoint4481]

AoA sir ma n last year 2023 m apni tax return file ki thi but us ma apny assets jo k 15/20 lakh k hain show ni kr ska. But ab ma return 2024 m wo show krna chahta hon to kesy kron. Kindly guide me ASAP. Tnx.

[@FinanceExpert03144086298]

Previous ko revise kren

[@sarmad.hassan]

when i am submitting tax return it says commisioner approval required. what should i do to resolve it ?

[@FinanceExpert03144086298]

Watch my video carefully

[@deoxyribocnuclicacid]

mene non resident ki return file karni thi registration meri purani hai notice bhi aye hoye hen tu mene 2023 ki file ki hai 2 din pehle but attribute men non resident nai kia or bad men dekha tu saving account men 18000 k kareb profit bhi aya hai ab men kiya karo ye kese edit ho ga k wo profit show ho jae or attribute men non resident salect ho jae . baki ab 2024 ki mujhe normal hi file karna ho gi? plz help

[@FinanceExpert03144086298]

Change krny ki zarorat nae 24 may normal file kren or non resident select kren

[@AbdulGhaffar-ik9ok]

AOA BHAI BUSINESS RETURN TO BHEJH DEEN PLZ

[@FinanceExpert03144086298]

Business person tax return already uploaded

[@naeemalam8492]

Dear how to get commissioner approval after 60 days

[@FinanceExpert03144086298]

Sir ye department ja k ap ko pata chaly ga

[@aftabqazi9862]

How to prepare pdf file for support

[@FinanceExpert03144086298]

Sir simple Kisi bhe word ya Excel ki file ko online pdf may convert KR len.google kren gay to site mil jaey g koi difficult nae

[@sartajahmedshar1227]

Ap nay Jo Return Open Kiya ye to Direct Open Hogya Lekin Ham jo Revise Karty hen us Par Commissioner approval q mangta hay

[@FinanceExpert03144086298]

Dear apky Samny he SB Kuch . Ap Kuch different KR rahy ho gay

[@usman_jaan]

Bhai agar total income 1 lac hai. Or deductible allowance 10 hzar hai. Ab taxable income 90 hazar aye ... to last Reconciliation mein income Declare as per return the year subject to normal tax mein 90 hzar lkhna ya 1 lac..?

[@tanveerahmed-im1bj]

Sir, koi tariqa batain 2019 ,2020 ki return revise karni ha.60 days se ziada time ho Chuka hai

[@FinanceExpert03144086298]

Commissioner approval