Assalamu Alaikum, after six years, is it mandatory for a private limited company to remove the accumulated profit or loss amount from the balance sheet? For accumulated profits, the company transfers them to the paid-up capital. However, in the case of losses, what would be the procedure? Will the amount of loss be recovered from the shareholders, or will the shares be reduced by seeking approval from SECP, either by reducing the face value of the shares or the number of shares? Sir, please guide me.
Sir. I have invest 10 Lac with one of my friend in his shop in other city and earing almost 2 Lac per year . I am full time teacher. Where should I show this income in return.
May Allah Reward you for giving us useful information.
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Good information about super tax thanks
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Fahim bhai
Also make a video about pension fund investment and its tax credit. I hope you got my point
Yes sure
@@faheempracticallearning thanks for response
@Faheem Mehboob , please make a movie on the taxation of insurance maturity amounts from life insurance company registered with SECP???
@@hassanshahzad2484 yes sure
Same question
@faheem practical learning end py apny direct tax or indirect tax ki bifurcation ko mix kr ky ulta btaa diya haa 15:01 iss duration py btya apny
Direct tax only income tax, other all indirect
Assalam o Alaukum section 151 aor section 151(1)(b) main kiya faraq hai ?? ye abb alag alag kyoun show ho raha hai maloomat main
Also let us know about all types of tax credits
Yes, sure later in lecture, I will explain
Taxable income before business losses is also called reputable income, right ?
Super tax ka bad ab high super tax bhi tax how na chia Ku Ka government Ka logo pal sakay
Assalamu Alaikum, after six years, is it mandatory for a private limited company to remove the accumulated profit or loss amount from the balance sheet? For accumulated profits, the company transfers them to the paid-up capital. However, in the case of losses, what would be the procedure? Will the amount of loss be recovered from the shareholders, or will the shares be reduced by seeking approval from SECP, either by reducing the face value of the shares or the number of shares? Sir, please guide me.
Sir. I have invest 10 Lac with one of my friend in his shop in other city and earing almost 2 Lac per year . I am full time teacher. Where should I show this income in return.