TAXATION OF JEWELLERY [GOLD, SILVER etc] IN PAKISTAN| HOW TO TREAT DOWRY GOLD? | RATE OF TAX ON GOLD

[@AbidHussain-db4ps]

ماشاءاللہ ماشاءاللہ زبردست بہت خوب شکریہ جناب

[@taxationistcorporateconsultant]

Thanks

[@khalilullah]

Very informative. Jazakallah khair. i was searching for video on this topic since long time and now i got the information. Thank you

[@muhammadali-bt4gy]

is there any exemption if gold is older than 10 yrs

[@abdulsami9733]

Assalam O Aliekum, Khurram Bhai, Good Working. I am agreed with your point of view. Stay blessed. May Allah Subhan Wa Tallah increase you knowledge and peace in your life and your fellows life. Aameen

[@taxationistcorporateconsultant]

Thanks Sir, such a kind words, Same prayers for you.

[@Accountant2023]

Great video sir thank you very much

[@m.shehzad8864]

Good explanation

[@taxationistcorporateconsultant]

Thanks for liking

[@waqasfareed1447]

Sir agar 5 tola main se 1 ya 2 tola sale kare to use kaise zahir kare ge please guide

[@wohmaintha]

Khurram sb, vedio k darmiyan aap jo bhi screen visuals aty hen unki timing thori barha den, vedio rok k parhna party hen. Ap apni vedio bhale kam wqt k liyen chala den. Taky kaam ki chezen ziada dair tk dekh saken hum

[@taxationistcorporateconsultant]

Noted Sir. We Inshallah incorporate your suggestion in coming videos.

[@wohmaintha]

@@taxationistcorporateconsultant appreciate your acknowledgement 👍🏻

[@taxationistcorporateconsultant]

@@wohmaintha Thanks for your feedback.

[@kidscloth3806]

Sir an army official got plot from Army during his service without any contribution, what will be the tax treatment, what will be the inflow, is there any exemption of this benefit. Please share reference

[@amanalam7866]

MashaAllah bht achi video he,,,,sir ager gold inheritance me mila he mother say to isko asset me kis tab me record kary gy or isko reconsile me kaha show krna he

[@asdvlogs007]

Good

[@taxationistcorporateconsultant]

Thanks for compliment ...

[@janinayat5191]

You said that inheritance and gift must be submitted in fair market value. My question is that how we should submit the property buying and selling in returns, a) fair market value or b) DC value or FBR value of Properties upon which 1or 2% property tax is paid in banks?

[@ahsanirfan5290]

jizakAllah sir

[@shahidmorning4947]

12 Tola gold purchase Kiya year 2019 ma 10 Lac ka ap return 2023 ma amount gold rate present ka likh ? Ya Wohi year 2019 ka gold rate likh?

[@haroonrehan4282]

Fair market price meh konsee location (tab #) best haay. If Dowry meh Gold mila ho.

[@nasirmehmood6186]

One more question brother. Will we insert sale of immovable property on final fixed tab of capital gain or the tab of capital assets? Or we should insert on above mentioned both tabs or any of one tab?

[@taxationistcorporateconsultant]

Follow the procedure detailed in the video.

[@nasirmehmood6186]

@@taxationistcorporateconsultant brother I m confused regarding sale of immovable property . This is Crystal clear that we put gain on final fixed tab but confusion that is it put on capital assets or not?

[@amanalam7866]

Its means ager apko parents ki traf say gold mla he to inheritance me fare value likhni he or ager wife ly kar ai he to gift me fare value likhni he ,,,or jb hum ye entry karty he is procedure say to reconciliation asset me value kesy adjust hogi

[@faisalmobin2303]

Pls confirm that taxability on gold sales based on slab rates of your main income like salary / business, but for taxable amount we follow the holding period concept of immovable property ?

[@waqasfareed1447]

Sir agar profit 5000 se 10 huzar howa he to use kaise mention kare ge r kis column main likhe ge

[@tarunkumarkarmani]

Salaam. How to treat disposal of car in tax return?? Because, car for personal use is not a capital asset, so is it's disposal is also exempt?? Or, should it be taxed at normal slab rates??

[@Accountant2023]

Alsalamoalekum Sir Dowry main Mila gold fair market value per gift show kar day But gift ki condition hoti hai k through banking channel aaye ab hum gift ko kaisay justify karay gay? Anyone plz explain

[@haroonrehan4282]

Agar lehlay market value nahe likeh our 0 haay tu kia ab daal sakta hoh

[@nasirmehmood6186]

If gold is sold after 10 or 15 year then is it also taxable? In case of sale of gold there is no exemption of time period ? Plz elaborate

[@taxationistcorporateconsultant]

Ni exemption for time period

[@nasirmehmood6186]

@@taxationistcorporateconsultant bundle of thanks brother

[@creatv3668]

Sir, Household and personal items jo last year assets mn declared thy woh sale kernay per Gain hua ho tu? Koi limit hay like 6lac etc?

[@adeelmalikoffical4096]

جو پاکستانی دوسرے مُلکوں میں رہتے ہیں انہیں زیادہ سے زیادہ سونا لانے کی اجازت دی جائے تاکہ ہمارے مُلک میں سونا زیادہ مقدار میں آسکے

[@kphameed8779]

Zakwat ki adaigi se gold silver clear ho jata hai ager pehly tha bad me chori ho gaya to is k bary me kya tareeqa ho ga?

[@JavedIqbal-u7m]

اگر گولڈ پہلے سے موجود ہو تو کہا اس پر ٹیکس لاگو ہوگا؟؟؟

[@asfandyarasfandyar7411]

Tu Kiya sir y dowry Wala gold agar sale Kiya jaye tu ya taxable ho ga?

[@taxationistcorporateconsultant]

Yes it's applicable

[@sariaghani5685]

@@taxationistcorporateconsultant BUT I CALLED FBR HELPLINE ABOUT THIS ISSUE. FBR STAFF TOLD ME THAT THERE IS NO CAPITAL GAIN TAX ON SALE OF GOLD JEWLLERY RECEIVED AND DECLARED AS DOWRY GIFT.

[@taxationistcorporateconsultant]

@@sariaghani5685 ​ We have explained the legal position in best of our knowledge and market practice, FBR Staff on helpline is most of the cases are employees which is not trained in complex legal issues but yes they could guilde in operational issue well.

[@khalidmunirhassan229]

Respected Sir i am salaried person. I have declared zero value of jewellery from the last eight years subsequently (as pointed out by your great self). Kindly guide me now can I declare its value in current year return (2022) at current year rate? Or guide if any other solution. Kindly do the needful and oblige. Jazzak Allah

[@mayubpkkhi]

Wife dowery is nothing to do with the husband's income/return, So this should not be disclosed in husband's return unless purchase from husband's income.

[@taxationistcorporateconsultant]

60% of the Married people has Gold. :)

[@mayubpkkhi]

@@taxationistcorporateconsultant Understood - but if that was not bought through husband's income/funds then it is not required to report his return, this is my humble view.

[@taxationistcorporateconsultant]

@@mayubpkkhi BUT LAW PERMITS THAT REGISTERED PERSON CAN DECLARE ITS DEPENDENTS ASSETS IN WS.

[@MasoodAhmedMian]

اَلسَّلامُ عَلَیکُم وَ رَحْمَةُ الّٰلہِ وَ بَرَکَاتُہٗ I have declared spouse’s Gold in my return since 1994 at cost. Now in TY2023, spouse is registered with FBR and first return is likely to be filed for TY 2023. Question. In spouse’s first return 1- Should I put Gold Value at Original Cost? 2- Should i put Gold Value at Fair Market Price? Regards, جَزَاك اللّٰہ خَیْرًا ! آمین

[@tariqhassan387]

Gold is inherited 20 years ago so doesn't make sense to show gold in husband income ........

[@ZaibArshad-l3f]

میری واٸف کو سونا تقریبا پانچ تولہ شادی پر ملا جو اسکی والدہ کا تھا اور اسکی کوٸی رسید بھی نہیں ہے تو اس کو کہاں ڈکلٸر کیا جاٸگا ۔اور یہ ٹیکسیبل ھوگا یا نہیں۔براہ مہربانی اسکا جواب میرے واٹس پر کردیں ۔شکریہ

[@adeelmalikoffical4096]

پاکستان کے پاس تو اتنا سونا ہے ہی نہیں جس پر وہ ٹیکس لگانا چائیے

[@zkhan4161]

سر میں نے اپنے اکائونٹ میں 90 لاکھ روپے رکھوائے ہیں جو کہ سٹڈی ویزہ انگلینڈ کیلئے سٹیٹمنٹ کیلئے ہے بینک والے کہتے ہیں کوئی prove دو کہ کہاں سے آ ئے یہ پیسے... کیا میں گولڈ کی سلپ جمع کروا سکتا ہوں کہ میں نے گولڈ فروخت کیا ہے جس سے یہ پیسے آ ئے???

[@Accountant2023]

Alsalamoalekum Sir Dowry main Mila gold fair market value per gift show kar day But gift ki condition hoti hai k through banking channel aaye ab hum gift ko kaisay justify karay gay? Anyone plz explain

[@Accountant2023]

Alsalamoalekum Sir Dowry main Mila gold fair market value per gift show kar day But gift ki condition hoti hai k through banking channel aaye ab hum gift ko kaisay justify karay gay? Anyone plz explain