How to Prepare / Pay Penalty / Surcharge Challan against Late Tax Returns for ATL
How to pay penalty for late filing of income tax return in Pakistan 2021?Following is the…
Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers
The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…
Penalty for Non Filing of Annual Income Tax Returns 2021
A penalty of Rs1,000 each day of default has been implemented from Saturday after the expiry of…
Updated Penalty Provisions on failure to file the return within the due date 2021
The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within…
New Penalty Provisions relating to non-integrated Tier-1 Retailers
The FBR has been empowered to require any person or classes of person to integrate their invoice…
List of updated nonintegrated tier-1 retailers, penalty and deadline to integrate
The Federal Board of Revenue (FBR) on Monday directed Tier-1 retailers to integrate themselves…
Last date to filing income tax return and penalty for non filing
TAX PERIOD FOR INCOME TAX RETURNIncome Tax Return relates to a specific tax year. A tax year is…
Deadline and penalty for Tier-1 retailers and other tax provisions relating there to
FBR directs Tier-1 Retailers to integrate with revenue authority till August 15.The Federal…
SECP asks companies to file beneficial ownership declaration to avoid penalty
The Securities and Exchange Commission of Pakistan (SECP) has asked companies to submit information…
Update Business Bank Accounts to avoid Penalty after due date
In order to promote documentation and to streamline action, the concept of business bank account has…
