How to reply Income Tax Audit of Rule 44(4) | Income Tax Rule 2002 | IRIS | FBR

*Watch this demo video before class*

*Like this page for future tax updates*

Anyone interested to learn Pakistan taxation including E-Filing of both sale tax and income tax please WhatsApp or call at 03007574731.

Income tax Includes
1. Section-149 Income from Salary
2. Section-155 Income from Property
3. Section-153 Payment of goods, service and contract
4. Section-147 Advance income tax
5. Section-148 Import
6. Section-231A Advance tax on cash with drawl
7. Section-231AA and 236P Advance tax on certain banking transection
8. Section-231B Advance tax at the time of registration of private motor vehicle
9. Section-235A Tax collection from domestic electric bills
10. Section-236 Tax collection from telephone users
11. Section-236B Advance tax on purchase of domestic air ticket
12. Section-236D advance tax on function and gathering
13. Section-236F Advance tax on cable operator and other electronic media
14. Section-236G Advance tax on sale to distributor, dealer and wholesalers
15. Section-236H Advance tax on sale to retailers
16. Section-236I Advance tax by educational institutions
17. Section-236U Advance tax on insurance premium
18. Section-236X Advance tax on Tobacco
19. Section-236Y Advance tax on remittance abroad through credit, debit or prepaid cards
20. Fine and penalties
21. Section-177 Audit
22. Treatment of provision for bad and doubtful debts
Sale Tax Includes
1. What is sale tax or indirect tax and concept of VAT
2. Difference between Input and Output tax
3. Further tax and extra tax
4. Calculation of Sale tax
5. Advance sale tax
6. Withholding Sale tax
7. Debit and credit notes
8. Admissible credit
9. Annexure A, B, C, F,H, J and I with practical example
10. Supply and purchase register
11. Stock or consumption sheet
12. Concept of Punjab Revenue Authority (PRA) and Sindh Revenue Authority (SRB)

E-Filing
1. Monthly sale tax return
2. Withholding Statement
3. Reconciliation of sale tax return
4. Reconciliation of wealth
5. Annual income tax return of Salary Individual
6. Annual income tax return of Company
7. Annual income tax return of Business Individual / Retailer or Trader
8. Annual income tax return of AOP
All above section will be cover with practical example and online filing.
#incometaxrule44(4)#

Regards,
Faheem Mehboob
ACCA Member
03007574731

[Aftab_Khan]

Assalamualaikum... Sir g... Apki videos bht ziada awesome and informative hoti... Mera aik question ha... Aik banda jo franchisee service provider ha like mobilink, telenor ya zong, etc... Wo banda kaisy apni sales tax return file kary ga... Oski video bhi lazmi banaye ga... Or kis kis annuex ma entry kry ga practicllay batiye ga

[zafarfarhan]

I have managed to address this notice twice successfully by on line submission of required docs duly scanned under section 176.
Key to success is to have a clearer uderstanding of reconciliation of sales/ debtors and purchase/ payable control account
Best book I recommend is principle of accounts by frank wood. Followed by any book which covers this topic in depth.

[faizullahfaiz]

Araay Masha Allah. Sir kal he Main souch rha tha app ki video iss topic pe honi chaye shaam ko daikha tou app ki video aye hui thi. 1)Acha majy aik tou Bari confusion yeah K PBL (provision By Law) walun ka haumain kasy pta chalta hy. Mary boss ne mjay Nhi batya.
2 )woh rule 44 mn original invoices aur payment proof mangta hy woh search karna bht mushakil hota hy please guide.

[sajjadjamil]

Rule 44, Rice Exporter per apply hota he, when we purchased rice from broker, for export?

[adilsattar]

Asalam-o-Alaikum, Faheem bhai mene 2015 men SMC IT company register ki thi aur is company ne aj tak koi bhi transaction/sales/purchase nahi ki. Lekin mujhey aj 2017 k liye Rule 44(4) ka notice agaya he. Men annually nil ki return file karta raha hon. Kindly guide kar den k is case men mein kya reply karon. Kyun k koi transaction hui hi nahi hen. Thank you

[ahmedraza]

Sir hame me.jo zyada msla he wo cash exp ka he jo admin exp hota he is ka tax kon hum se deduct karaye ga need hame hoti business me aksar cash par hi exp hote he chote chote

[mianumair]

We have filed our sales tax return for the month of April-2022. In which we claimed sales tax of four vehicles purchased from Hyundai Nishat Motors in “Inadmissible” portion. (Only accepted not input claimed)

However, while filing sales tax return for May-2022, IRIS has issued notice to us Under Section 7(2)(i) and asking to pay sales tax of these invoices amounting to Rs. 2, 390, 808/- along with payable sales tax for the month of May-2022.

We have also filed revised sales tax of Apr-22 and exclude Hyundai invoices from it but still this payable in 7a is standing

However, Hyundai Nishat have not submitted their sales tax returns from Feb-22 till now due their issue in fbr thats why this is happening.

How can we get out from this now

[altafamirali]

Thank you for your informative video. I need further clarification regarding WHT Statement 165 on the submission time should add data of exemption items or WHT items only please advise.
Further this video incomplete hai

[shafiurrahman]

Hello sir upload video that how to file sales tax return in iris completely please

[ZeeshanAhmad-rirr]

Sir, I have received notice u/s 161 (1A) with Rule 43(b)(1) in which the tax department asks me to provide payment proof of some Heads like 1)Purchases 2)Salary & wages, Electric bills Etc, Sir should I provide all supporting documents like (Payment proof+Purchase invoices+Ledger +import GDs+bank statements) or provide only reconciliation Summary (Subject to WHT and Not Sub to WHT) and exemption certificates with tax CPR challan please explain thanks jazakALLAh

[muneerhaider]

Can FBR serve notice for compliance under Section 44(4) after lapsing 5 years of time?
e.g. Notice for Tax Year 2017 after June 2022

[Accountant]

Alsalamoalekum sir Expenses ki reconciliation kaisay karay wo us 44 tax rule, wo apnay miss kardi hai

[maslam]

Than you sir for making things easy for us

[usama]

iska reply online hoga ya RTO me jama karana hoga?

[khawarh]

Fahim bhai.topic se related ni hai par important question hai.

Kafi manufacturer k sath ye problem a raha hai k wo lease par ya rent par bussiness ker rahay hain jahan elec meter owner k naam par hai.owner unregistered hai liahaza bill main
Extra TAX aur FURTHER tax a raha hai.

Tenant is registered person.
How can that person avoid extra and further in electricity bills.

Almost in all cases owner is not agree to change ownership of electricity meter to tenant.

Kindly provide any solution or

[abdulsamad-zjzj]

Sir aj excel ki aj jo version 1.0.11 upload hua hy...is sy sales data upload hota hy par show nhi ho rha

[usmannaseer]

Sir, Tax Audit U/s 176, 177 ki video nai mil rai apk Channel se mujhe..kindly agr hai to link plz share kr dain

[Shadexplays]

Sir agar company distributer hu toh usko witholding katna bnta ha ya uspa applicable nai ha

[UbaidUllah-njet]

Agr kisi ki sales exempt theee lakin usnay zero rated me dal ka returm submit krde tu koi masla hota ha bd mein?plz guide

[muhammadnoman]

sir,
if FY-19-20 Sale below 50 million and FY 20-21 Sale more than 100 million,
but no withhold tax any type of payment during mentioned period. so how do reply against Audit notice Section 176 FY 20-21.
Kindly guide us.