The Income Tax, a federal levy on income, is regulated by the Income Tax Ordinance of 2001 and the Income Tax Rules of 2002. This is an annual assessment on income, encompassing taxable income, income subject to separate charges, and income subject to final tax for an individual in a given tax year. Additionally, it encompasses the global income of a resident individual, irrespective of whether it has been previously taxed outside of Pakistan.
Under the Income Tax Ordinance, 2001, all income are broadly divided into following five heads of income:
- Salary;
- Income from property;
- Income from business;
- Capital gains;
- Income from other sources
We are offering following services.
- Registration Of National Tax Number (NTN / 181 Order)
- Modification / Change In Particulars Of 181 Order
- Filling Of Annual Income Tax Returns
- Filling Of Annual Wealth Statements / Reconciliation Statement
- Enlistment In Active Taxpayer List (IT)
- Preparation Of Income Tax Record
- Income Tax Audit
- Appeals (Departmental, Tribunal & High Court)
- Refund Claims