Income Tax 236H & G | Recording | Calculation | and Reporting | How to Reconcile | 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
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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

[@gullggeeg2141]

Assalamualikum! Faheem Bhai, your videos have been really helpful and informative. Can you please make a video on how the collecting agent will generate the PSID for depositing the collected 236H into the Government Treasury ? JazakAllah

[@faheempracticallearning]

W.salam yes sure.

[@munakhan100]

useful video

[@faheempracticallearning]

👍

[@salikalturabi9950]

Kindly share Tax rates and other details under section 236G and 236H

[@faheempracticallearning]

@@salikalturabi9950 already explained in lecture

[@abdulmananqureshi9413]

Sir, Section 73 of Sales Tax pe b aik vedio kr dein please

[@faheempracticallearning]

Yes sure

[@alishbashahid-z1j]

aoa bhai kya return submit krny k bd b yh challan submit o skta? for example june 2024 ka chllan h r sale tax ki return submit o gi h to kya ab challan submit o skta?

[@ahmedraza7588]

Kisi party ki principal activity whoesale and retailer ho to konsa tax apply hoga 236g ya H

[@shahidanjum4802]

Any easy way to attach 236h sheet. As it is taking to much time.

[@wasimasgharsatti7295]

🙂🙂🙂

[@faheempracticallearning]

@@wasimasgharsatti7295 👍

[@irfanuddinkpk]

Kindly share video on topic regarding advance received from customers, it's treatment in sales tax and issuance of invoice

[@faheempracticallearning]

Yes sure

[@nailagul5651]

Aoa Sir, Out of context, need your guidance. I sold domestic car with profit and added the profit in adjustment of inflow. Now how to add in Adjustable Tax tab as didn't pay any tax on sale. Kindly guide

[@marinakanwal2495]

Sir 236G&H ko withholding statement 165 mn b file krna hai jese 153 ka krte hain?

[@faheempracticallearning]

Yes

[@alhusnaintraders9965]

Hamari sale per at source 5.5 % tax deduct hota ha. Tu Hum is tax ko kaha adjust kerain

[@faheempracticallearning]

@@alhusnaintraders9965 yes it is adjustable

[@Naveedanwartanwari]

AoA.. Kuch shopkeeper filer nahi ho rahy to Distributor Kisi filer k name py bill bna kar un ko supply kar rahy hen tax hamary name py cut raha jo fbr ko record ho raha ha jab k humny maal liye hen nahi to ye hamary liye problem ho sakti ha baad is ka bat dain plz..

[@ItsMeMoon786]

Revised return is not getting submitted due to HS-Code issue. At the time of Normal Return submission STGO 13 was not implemented. I have tried to add local purchase but it is not showing in Annex-A. Please guide what to do?

[@faheempracticallearning]

Check this is purchase buying issue, may be purchase not available in your tax return

[@ItsMeMoon786]

@@faheempracticallearning purchase is there. We have both local and import purchases in that period

[@khursheednarvi7367]

Manufacturer ko charge Nahi hoga

[@faheempracticallearning]

@@khursheednarvi7367 yes

[@hasnainhussam2289]

Why shouldn't we charge 236H on excluding amount as it is a sale amount for the supplier

[@faheempracticallearning]

Yes technically it must be, but as per law we need to charge on gross amount

[@hasnainhussam2289]

@@faheempracticallearning sir but it is not written anywhere in the ordinance

[@faheempracticallearning]

@@hasnainhussam2289 read 1st like of 236H section,

[@saraiki2023]

My Sales Tax Return of June 2024 is in a Payable Mode despite the Supplier has also submitted his Return of June 2024 along the Difference also Paid . Issues are as under: 1- Return of June 2024 was in Draft until 31st of July 2024 2- On1st August 2024, my Return of June 2024 showed a Payable Amount Rs. 328,858 despite the fact that in the same Return i.e. June 2024 Headwise Payable shows my payments of Rs. 54,332/- 3- My supplier submitted his Return of June 2024 on 3rd of August 2024 for which my CLAIM of Rs. 274,526/- is still not available. 4- That my Total Amount of Rs. 328,858/- should make my Payable Rs. 0.00 with automatic submission of My Return of June 2024 Dear, Faheem, would you, please, guide what should be done.

[@faheempracticallearning]

Wait some days, it will be update.

[@mianabid3460]

I am registered in FBR as a salaried person. But in FBR Maloomat option there purchases by retailer u/s 236H have continuesly shown against my CNIC. Two firms of Multan are misusing my cnic. What to do. I have complained written to FBR office Faisalabad. Also send email on complaint@fbr but no response was received till last year.

[@faheempracticallearning]

Report with fbr