thanks brother. I have a question. If Im filing for the first time and placed my current assets details. Now can I manually fill Net asset of previous year to make zero difference ? plz suggest
AoA, please answer my query if possible. Mere abu ne investment ki hui hai jis se har mahinay fixed income ati hai jo fixed hai. Wo to other receipt mai ho jaye gi adjust, lekin jo amount invest ki hai, wo kahan mention hogi wealth statement mai? Aur aik property mere grandfather k naam hai. Unki death ho chuki hai. Transfer nahi hui. Wo bhi mention karni hogi father ki statement mai ya nahi?
Investment assets me show ho gi... Banks accounts, k baad investment k under. Grandfather ki property transfer honay k baad show karna zaroori hai pehle na jarain to koi issue nahi.
Income Declared as per return for the year subject to Normal Tax(7031) main before income tax amount likni hay yaan after deducting income tax from salary amount likhni hay
FBR ap ko current year aur last 5 years ki returns ka keh sakta hai. I suggest to file tax return for 2021 and get filer. Then file 2022. You may get a notice to file returns for 2020, 2019, 2018 and 2018.
If I submit the 2018 wealth statement, will the balances automatically transfer to the 2019 wealth statement? In my experience, when I revised and submitted the 2022 wealth statement, the balances automatically appeared in the 2023 wealth statement.
Sir last year ki houshold effect, personal items aur cash nonbusiness lhatam kya jasakta hai next return me aur usko kaheen show krny ki zarorat hai ya nai
I have received foreign remittances from my brother through my bank account. I have got remittances certificate from my bank. how to show those remittances in my return ?. Plz guide with some detail in which section it can be added & how to describe it also is it necessary to upload certificates pdf to return ?.
Me ny NTN FBR banya hy aur koch bhi nahi kiya tex returns file challan ATL sy inactive ho per yeh Kiya hay114(1) returns of income field voluntarily complete year 2022 sir meaning please reply yeh inbox me nahi hay yeh msg draft me hay ignore kro
Agar notice to file return hai to file karni paray gi. Agar income Rs 50k se ziada nahi hai na file karain. Tafseelat k liye meri video 'who needs to file tax return' daikh lain.
@@UpdatesbyQazi Sir me apki vids se kfi learn kr rha hun... Question ye hai ky jo different forms hai unki mjy smjh ni ziada ky kia kia krna Hai!! Declaration me ore dosry forms...
Sir ma student hu aur job krta hu 20k salary ha meri and mainy FBR ma registration krwai hai. Mery bank account ma forigen sa Baba k paisy aty hai kya mujhy file return krny ki zaroort ha? Sir kindly reply kr dijye ga
Sir. I wrongfully entered my gratuity of my present job in assets of 2022 year that was my first ever wealth statement. What is the solution for 2023 wealth statement?my job is still continued and i have not received any gratuity as income from my company.
Please be adviced the treatment the purchase of property on instalment in wealth statement. where to enter in Row or head? in Code 7006 Investment or Code 7007 Debt or Code 7013 any other assets
1st like 1st comment
Great information 👌 👌
Good sharing. Very informative video shared in an excellent way.
Masha Allah. Nice presentation.
Nice and informative. Keep it up
Awesome! very informative tutorial. Thanks for sharing
Thanks for sharing this tutorial. So informative
Thanks for detailed guidance on wealth statement filing
make video for 2024 if we adjust the excess amount in which category. Does FBR apply tax
Please explain your point
Nice information
Does gain on cars taxed?If yes than it should be shown under which headings??
No. Gain on disposal of vehicles is not taxable. The gain is shown under exempt column.
thanks brother. I have a question. If Im filing for the first time and placed my current assets details. Now can I manually fill Net asset of previous year to make zero difference ? plz suggest
If there is no change, takeopening balance same as current year
Yes you can
Sir. How we show our gratuity in assets at present that we will receive from company when we will resign in future?
Under assets
AoA, please answer my query if possible.
Mere abu ne investment ki hui hai jis se har mahinay fixed income ati hai jo fixed hai. Wo to other receipt mai ho jaye gi adjust, lekin jo amount invest ki hai, wo kahan mention hogi wealth statement mai?
Aur aik property mere grandfather k naam hai. Unki death ho chuki hai. Transfer nahi hui. Wo bhi mention karni hogi father ki statement mai ya nahi?
Investment assets me show ho gi... Banks accounts, k baad investment k under. Grandfather ki property transfer honay k baad show karna zaroori hai pehle na jarain to koi issue nahi.
Income Declared as per return for the year subject to Normal Tax(7031) main before income tax amount likni hay yaan after deducting income tax from salary amount likhni hay
Before income tax deduction
@@UpdatesbyQazi ok, then income tax ka outflow (expense) wealth statement main kidher likhain gay
Ager koi 2015 me filer tha or bd me returns file ni ki or ab 2022 me filer hona chahhta tu kya usy previous years k challan submit krna lazmi ha
FBR ap ko current year aur last 5 years ki returns ka keh sakta hai. I suggest to file tax return for 2021 and get filer. Then file 2022. You may get a notice to file returns for 2020, 2019, 2018 and 2018.
If I submit the 2018 wealth statement, will the balances automatically transfer to the 2019 wealth statement? In my experience, when I revised and submitted the 2022 wealth statement, the balances automatically appeared in the 2023 wealth statement.
You need to import previous return from top right while preparing the next year's return. Then it will appear in the next return.
Sir gari sale out krdi bai uskay amount ko kese mention krain agr profit/loss me bechi hai
Asset se gari ko nikal dain. Cash add kar dain. Agar gain hua hai to reconciliation me mention kar dain
@@UpdatesbyQazi
Sir cash kahan add krna bank account me?
Sir last year ki houshold effect, personal items aur cash nonbusiness lhatam kya jasakta hai next return me aur usko kaheen show krny ki zarorat hai ya nai
Wealth statement revise kar lain last year ki.
Sir Teacher ko election duty ya census duty k awez milne wali amount kis Head me type ki jae gi?
Ye salary benefits me hi aata hai aur gross salary me hi lain ge.
@@UpdatesbyQazi maltlb yeh incom exmpt from tax nahi ho gi? Gross salary me aae gi to tax me izafa bhi ho ga?
Sir i can not see my Wealth statement section ( i am filing return on notice of year 2015 and my NTN was made in 2020) kindly help sir.
I have received foreign remittances from my brother through my bank account. I have got remittances certificate from my bank. how to show those remittances in my return ?. Plz guide with some detail in which section it can be added & how to describe it also is it necessary to upload certificates pdf to return ?.
In Wealth Reconciliation part of the return, you will find foreign remittances. No description required. No uploads of documents.
Me ny NTN FBR banya hy aur koch bhi nahi kiya tex returns file challan ATL sy inactive ho per yeh Kiya hay114(1) returns of income field voluntarily complete year 2022 sir meaning please reply yeh inbox me nahi hay yeh msg draft me hay ignore kro
Agar notice to file return hai to file karni paray gi. Agar income Rs 50k se ziada nahi hai na file karain. Tafseelat k liye meri video 'who needs to file tax return' daikh lain.
Sir i have a question that: ye tax ki working me seekhny gya 1 Tax ky office, but unho ne mjy kch sikhaya ni...
Mjy 50% tax ka knowledge hai..
Good. Question kia hai ap ka?
@@UpdatesbyQazi Sir me apki vids se kfi learn kr rha hun...
Question ye hai ky jo different forms hai unki mjy smjh ni ziada ky kia kia krna Hai!!
Declaration me ore dosry forms...
Sir ma student hu aur job krta hu 20k salary ha meri and mainy FBR ma registration krwai hai. Mery bank account ma forigen sa Baba k paisy aty hai kya mujhy file return krny ki zaroort ha?
Sir kindly reply kr dijye ga
FBR registered person k lite return file karna zaroori hai. Lekin foreign remittances per tax nahi hai
agr business capital likhna yad na rhy to iska kya solution ho ga
Sir. I wrongfully entered my gratuity of my present job in assets of 2022 year that was my first ever wealth statement. What is the solution for 2023 wealth statement?my job is still continued and i have not received any gratuity as income from my company.
Revision Of Application fill krein..
Agriculture me animal for business kesy declare kren or in pr tax rate kia h
Agriculture me animal bhi show karain ge.FBR me ye exempt hai agar provincial income tax dia ho.
Please be adviced the treatment the purchase of property on instalment in wealth statement. where to enter in Row or head?
in
Code 7006 Investment or
Code 7007 Debt or
Code 7013 any other assets
I suggest to declare it under Investments. Once the installments are complete, you should transfer it to immovable property.
@@UpdatesbyQazi Thank you 😊
sir kindly jaldi response kijye ga due date qareeb ha
if we enchased our investment then how we will treat it in our wealth sheet.
Just delete the investment and adjust in cash
i have an apartment but is it not registered in my name yet should i mention or not? plz reply
If you have paid for it, mention as investment in flat. Once transferred, take it as immovable property.
Where we can enter the amount that we return of loan?
The payment of loan means decrease in loan amount. The amount of loan as payable of June 30 will serve the purpose.
@@UpdatesbyQazi i taken and return loan in same tax year then how i can treat it??
Brother I saled 4 marla plot .I got 15 lakh amount.is amount pa tax tu nahe laga ga.or incom tax return ma kis jaga show karni ha.
Khareeda kab tha aur kitnay ka
Wealth statement walay portion me declare karna hai... Balke remove karna hai.. cash ya bank me izafa ho ga
Ap k jawab k baad bataoon ga k capital gain tax ho ga ya nahi
4 saal sa zayada time hu gay ha.laken os time rate kam tha.registre pa 1 lakh price the.ma na asset ma 1 lakh likha tha