Mera small business ha. Yearly revenue 12 lakh sy ziada ha. Mger gross profit 3 sy 4 lakh ha. Main saleries nhi daita bas goods aur services k lie pay krta hn. Ab main kesy isy declare kron?
Dear Sir, thank you for the tutorial, Kindly guide, 5% IT deducted on industrial electricity bill can be adjusted against with-holding on vendor’s bill ? Or 5% tax on electricity bill can only be adjusted against annual tax liability ? Please guide, Regards,
Not satisfied... WHT start from U/S 148 to U/S 256k and so more section also there, Where ever a person received a payment there might be a deduction at source and that is called with holding tax (WHT) . The advance tax is to be paid after adjusting the taxes withheld at source. Advance tax is required to be paid in four quarterly instalments on or before 25 September, 25 December, 25 March, and 15 June in each financial year. ... However, in case of banking companies, such advance tax is payable on a monthly basis. Anyway, wanted to hear more.....
Dear Sir, We are a manufacturer and we import raw materials and pay tax U / S 148 @ 5.5% after submission of tax and get the certificate of exemption 148 from local tax authorities, should we declare that amount in our statement (WHT Statment Quarterly).
Dear Faheem sb I am a withholding agent, Please clarify I.Tax w.holding section/code for filling of I.Tax return (quarterly) Is it 153(1)(a)/9/64060009 (Adjustable) or 153(1)(a)/5/64060059 (Final).
Dear Faheem Really Appreciate your working. May Allah Give you Long Life.
Jazak Allah
Ameen
JazakAllah... Sir please make a video on construction business..Thank you so much for giving your quality time!!
sure, in future i will explain
Always gained knowledge from lectures. Much Thanks boss
😀
Boht aala sir g. 👍
Jazak Allah
Thanku sir for giving such important concepts..
Pointer dark color ka use kren please
Sure
thank you so much for providing your time
😀
Last mein apnay kaha aik ny payment receive ktne ha dosaray nay jama kerwana ha....jama b tu wohe kerwata ha jo witheld krta ha?
Yes
Clearly define the concepts
Jazak Allah
Great sir
Jazak Allah
Thanks sir.
Please make a detail video on distributor and retailers case in filling the WTH statement in particular if the company has the exemptions
already have lecture, on this topic i think pls check channel
Jazak Allah .. 👍
Very. Nice sir
Jazak Allah
Love your lecture
Jazak Allah
V v nicely explained
👍
Mera small business ha. Yearly revenue 12 lakh sy ziada ha. Mger gross profit 3 sy 4 lakh ha.
Main saleries nhi daita bas goods aur services k lie pay krta hn.
Ab main kesy isy declare kron?
informative session
😀
Sir yah jo baking compani hy inko chek karen yah log kaha say aaty hin or yah worker ko kun passy nahi daty yah taraes hin
Sir meri salary 3lac aai diffrance bill ke us waqt si income tax laga ha jab k mery salary 50k si kam ha abb yi stop kisi hoga
Sir aik lecture IT freelancer and IT companies ka lecture upload kre jo 1% tax bank cut kr raha ha is ko kaise exemption krwae hum.
sure in future, one by one each industry
Nice,MasahAllah
👍
When income tax is withheld from us, do we record it as expense or asset (prepaid expense)?
Asset
Thank you sir
Welcome
Sir just for my quick revision : tax charged under 236G would also be Advance Tax for distributors. ?
Yes
Sir HS code or value supply pe bi ak vedio bana de
Pls upload MCQ also
yes sure
is there any option to file withholding statement monthly?
option have, but as per rule we need to file Quarterly ;)
Dear Sir, thank you for the tutorial,
Kindly guide, 5% IT deducted on industrial electricity bill can be adjusted against with-holding on vendor’s bill ?
Or 5% tax on electricity bill can only be adjusted against annual tax liability ? Please guide,
Regards,
against same NTN by which income tax deducted and deposited, will be adjusted against annual liability not against vendor bill
Okay, got it now, thank you for your guidance ❤️
Maza Agya sir
😀
REGARDS SIR VERY THANKS PLZ ,, EXPLAIN THE IMPORTER ADJESTMENT OF SALE TAX IN HIS INCOME TAX ,,,,,HUMBLE REQUIST SIR
Not satisfied...
WHT start from U/S 148 to U/S 256k and so more section also there,
Where ever a person received a payment there might be a deduction at source and that is called with holding tax (WHT) .
The advance tax is to be paid after adjusting the taxes withheld at source. Advance tax is required to be paid in four quarterly instalments on or before 25 September, 25 December, 25 March, and 15 June in each financial year. ... However, in case of banking companies, such advance tax is payable on a monthly basis.
Anyway, wanted to hear more.....
Dear I can't understand your question? What you want to ask?, pls explained again
@@faheempracticallearning Sir he is talking about section 147
Dear Sir, We are a manufacturer and we import raw materials and pay tax U / S 148 @ 5.5% after submission of tax and get the certificate of exemption 148 from local tax authorities, should we declare that amount in our statement (WHT Statment Quarterly).
No
Small services shop k baray Mai baray pls
Sure in future
Dear Faheem sb
I am a withholding agent, Please clarify I.Tax w.holding section/code for filling of I.Tax return (quarterly) Is it 153(1)(a)/9/64060009 (Adjustable) or 153(1)(a)/5/64060059 (Final).
Adjustable
And thanks for your quick response, really appreciate it
if you have any lecture on it please send me the link of it, many thanks
@@muhammadfaysal2668 check channel already have
My dear Faysal sahib if you are deducting from a company Payment that is Adjustable Taxation but if it is other than company, it is Final Taxation ...
R u in karachi
LHR
Plz explain
Wealth tax ( income Attributable to receipts, etc Declared as per Return for the year subject to final / Fixed tax (code7034))
بھائی جان تھوڑا اونچا بولا کریں۔
Nice Video
Or yah log china ko badnam kar rahy hin
😄