If you happend to commit a mistake in filing your income tax return (ITR), you can still file an updated return ...
The rationale behind granting extensions is ostensibly to enhance tax compliance by accommodating genuine difficulties.
ISLAMABAD: A stark revelation has emerged from Pakistan’s ongoing tax collection drive: a full third of all citizens who have ...
“The concerned FBR officials are responsible for latest episodes of mismanagement, and inefficiency in case of inordinate ...
If the Income Tax Return (ITR) is not filed within the due date, a person may have to pay a late fee up to ₹5,000 and also interest on unpaid tax. More importantly, business losses or the capital ...
Taxpayers often make minor mistakes while filing their ITR, such as omitting an income item, incorrectly listing a deduction, ...
Anyone can file an updated return except in specific situations. It doesn’t matter if you already submitted an original, ...
Realised there’s an error in your ITR after submission? You’re not alone. Many taxpayers make small mistakes while filing, ...
The complaint before the FTO, Waheed Shahzad Butt stated that failure to make available the manual or paper return forms, as ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...
The tax collection agency introduces a system that allows OTPs to be sent to the expatriate taxpayers’ email addresses ...
A detailed guide to scrutiny assessments under Section 143(2) — learn how cases are selected, how to respond under the faceless scheme, and remedies after ...