Latest News | FBR Issued new document | Balance Sheet Reporting Explanation | FBR |

[@ziacompany8023]

Is there any update regarding PM announcement for deferment of sro 350 یا صرف سیاسی بیان تھا

[@faheempracticallearning]

Till now, no official document

[@shahidlatif2547]

Pl. Clear as to whether the sales volume, which is required not to be more than 5 times of the Capital, would be accounted for on monthly basis or on annual basis. Thanks a lot. Shahid

[@faheempracticallearning]

Monthly

[@saleembutt8317]

How a filer can bring on record loans for business from family and friends in balance sheet or return?

[@hashamsaleem9876]

Salam, sir jee ma na monthy return NULL kerni haa, and more than 1 years sa my company na koi kam nahi keya,, na he company account ma koi transaction houi, to balance sheet kaysa banay gaye. To file null

[@majidsaleem3871]

Purchase of a Licence! of a software under section 153 goods or services ! if services is PRA will be applicable ???......

[@faheempracticallearning]

Yes applicable

[@faheempracticallearning]

It is services

[@WaseemLatif-il4eg]

Kindly upload the lecture of PRA services which kind of services are claimable against output tax just like, import, Insurance, leopard courier, PTCL services @16% and 13% etc. and the taxpayer is registered in PRA.

[@abdulmoizmalik5815]

Declaring the balance sheet as at 31-3-2024 was making more legal sense before, but now after this clarification, should all balance sheet be prepared as at 30-6-2023?

[@umarsharif9544]

Yes

[@faheempracticallearning]

Yes

[@faheempracticallearning]

👍

[@ghulamfarid2771]

Assalamu Alaikum. sir, please guide us If the party was filing zero-rated returns for last 2 years and has no business, can the balance sheet sub-blocks file be zero zero or not ?

[@maamerkhalid]

Sir! For those registered before June 30, 2021, the balance sheet as of June 30, 2023, must be filed and if registered after june 30,2021 is there any difference regarding filing of balance sheet and second question if a person filed income tax return of 2023 and reported less capital and in march 2024 his sales are more than 5 times of capital then what is the solution? and Balance sheet as on 31 march 2024 may be submitted?

[@ahsanshaikh3108]

Sir kia Har month 30 june 2023 ki balance modified karni please reply?

[@taxsalution6827]

Faheem Bhai Commissioner sales tax ki approval nahi deraha hey jin logo ki sales greater than 5 time hey Against capital

[@faheempracticallearning]

For this need to visit tax office

[@farmfacts4664]

Plz make a video on how to submit null sales tax file

[@faheempracticallearning]

Alreaduy have on channel, pls check

[@1mran1976]

is there any treatment for sales tax c/f in the balance sheet?

[@faheempracticallearning]

Yes refund due from Government

[@immughal27]

Sir agar 30 June k bajay as on 31 March ki bna den to koe issue to nhe ho ga, agar loan hm ne return mai show na kia ho or to phir bhe capital mai add kr skty hain?

[@faheempracticallearning]

Yes, if used as part of capital

[@raziuddin4516]

Faheem Bahi a vehicle of 3 million is purchased for a manufacturing business,can input tax be claimed?

[@raziuddin4516]

please reply

[@syedhassanrizvi1249]

Balance sheet submission requirement is monthly or yearly?

[@faheempracticallearning]

monthly

[@CONSULTANT786]

Very useful, excellent explanation❤

[@faheempracticallearning]

👍

[@faheempracticallearning]

As per Taxation rules, if business take loan other banking institution, markup will be charged. If mark-up charged, thn report both figures in profit and losses and balance sheet. Thn can be allowed

[@ahmedsbhaila]

Trading company wala kya krey? Wo market se maal uthata hai credit pe or sale krta hai uska apna koi capital nahi hota. Wo capital kese show krega??

[@faheempracticallearning]

Minimum capital need to report

[@clickclips9141]

اس سے ٹیکس کلیکشن میں کوئی بہتری نہیں آنی۔ بس حکومت نے FBR کے لیے رشوت کا ایک اور دروازا کھول دیا ہے۔

[@faheempracticallearning]

😔

[@salmankhalil9141]

sir please guide null sales tax return ki balance sheet kesey attached karengey agar business 10 years sey nil ha?

[@rashidalirafi9368]

Kindly reply this question

[@faheempracticallearning]

Report balance sheet, prepare, add some capital may be minimum but we need to prepare and report

[@faheempracticallearning]

Replied

[@alhusnaintraders9965]

Agar 2024 ma business restart Kia ha, previously no sale purchase since 5 years. Nill data tha. Ab agar last 4 month Ki balance sheet submit Ker di ha. April ma balance sheet ko reset to zero kerdain. Due to nill data in june-23.

[@navidkhan4607]

Sir, jab ham liability ko capital ka part banayn gy tu phir wo wealt main capital ko dekhen gy tu wo match nahen ho ga, phir FBR notice Nikal de gy k ap ghalat reporting kar rahay hain, Sir iska koi solid solution nikalen.

[@theshamsi]

Very Nicely explained

[@umarsharif9544]

Agreed

[@faheempracticallearning]

👍

[@faheempracticallearning]

👍

[@AliRaza-ds3dy]

سر جس نے بزنس ستمبر میں اسٹارٹ کیا ہے وہ کس تاریخ کی سبمٹ کرے گا۔

[@faheempracticallearning]

Also need to report. 03007574731 contact on this number for further details

[@muhammadmuzzammilmalik2196]

AOA Sir 5 time sale one month or yearly basis

[@hum-log]

One month

[@faheempracticallearning]

Monthly

[@faheempracticallearning]

Yes

[@AmjadAli-ol8yw]

Faheem bhai thanks

[@faheempracticallearning]

👍

[@entertainmentworld9056]

Sir, unable to find out this circular on FBR Site.

[@mukhtarahmed4267]

Sir unable to find out this circular on FBR E.PORTAL. PLZ. PROVIDE

[@faheempracticallearning]

0300-7574731 whatsapp on this number I will share

[@faheempracticallearning]

0300-7574731 whatsapp on this number I will share

[@786saf1]

Nice Information

[@faheempracticallearning]

👍

[@hum-log]

Why not in other liability instead of capital

[@faheempracticallearning]

5 times conditions

[@ChAsad_92]

Nice lecture 👍

[@faheempracticallearning]

👍

[@SaadPoetry845]

Sir ya letter kaha say download ho ga

[@faheempracticallearning]

available on FBR website

[@WaseemLatif-il4eg]

Thank you

[@ShakeelAhmad-xd2zk]

FBR Explanation regarding balance sheet dated 22-4-2024 is not available on FBR website. Please confirm whether it is fake or genuine document?

[@faheempracticallearning]

Share msg on link

[@maqsoodahmed6082]

Aoa sir what is EFS?

[@zaheer312]

Anex-C abhi bhi sbmit ni ho raha.

[@faheempracticallearning]

wait some days

[@thepeerer9001]

How to get this document?

[@faheempracticallearning]

Available on this FBR website

[@thepeerer9001]

I have seen. But couldn't find it?

[@WaseemLatif-il4eg]

5 time sales means 5 million in a month not exceed

[@faheempracticallearning]

Monthly

[@jaferraza2102]

👍

[@faheempracticallearning]

👌

[@irfanengineering7041]

GOOD

[@faheempracticallearning]

👍

[@salmankhalil9141]

FBR NEY NIL SALES TAX RETURN K LIYE KOI UPDATE NHI DI

[@faheempracticallearning]

Yes, need to report balance

[@checking6663]

Please share this document ?

[@faheempracticallearning]

Share msh on link

[@checking6663]

@@faheempracticallearning kya likha hai aap ne message mein ?

[@muhammadmujahid9316]

Sir sales tax ki Date extend hui hai

[@faheempracticallearning]

No

[@AsifRafi]

voice nhi ha

[@faheempracticallearning]

working, pls check

[@AsifRafi]

ok ha

[@faheempracticallearning]

​@@AsifRafi👍

[@hussaindohad4711]

Please share this document Sir

[@faheempracticallearning]

available on FBR website

[@hussaindohad4711]

@@faheempracticallearning i searched but failed to find out

[@faheempracticallearning]

@@hussaindohad4711 0300-7574731

[@hussaindohad4711]

@@faheempracticallearning Texted on this number, waiting for response

[@ahmedsbhaila]

Khoon lag gaya hai in k mun ko 🤨🤨bs pasay kamanay k tareeqay hai.

[@faheempracticallearning]

😂