Calculation Formula of Sales Tax Including | Further Tax | Withholding Sales Tax | Sales Tax Return
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- Опубліковано 5 лют 2025
- WhatsApp link for further details of Practical Taxation Course
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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-231AA and 236P Advance tax on certain banking transection
7. Section-231B Advance tax at the time of registration of private motor vehicle
8. Section-235A Tax collection from domestic electric bills
9. Section-236 Tax collection from telephone users
10. Section-236B Advance tax on purchase of domestic air ticket
11. Section-236F Advance tax on cable operator and other electronic media
12. Section-236G Advance tax on sale to distributor, dealer and wholesalers
13. Section-236H Advance tax on sale to retailers
14. Section-236I Advance tax by educational institutions
15. Section-236U Advance tax on insurance premium
16. Section-236X Advance tax on Tobacco
17. Section-236Y Advance tax on remittance abroad through credit, debit or prepaid cards
18. Fine and penalties
19. Section-177 Audit
20. 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.
Regards,
Faheem Mehboob
ACCA Member
03007574731
#saletaxincometax
Well explained with very much clarity.
very well explained.... thanks for your kind words
Best Teacher
Thank you sir
great work please guide 1st video for begginers
@@ishaqansari6448 👍
Good one. Sir please guide local sales k against 90% input claim ho ga aur exports k against 100% consumed input available ho ga for refund. Is case mei cf ki amount kesy niklay gi?
Sir mai beginner ho tax muje ak question hai. hum input tax - output tax krte ha or jo balance ata ha woh pay krdete sales tax . jo input tax ka account hota hai isko kis trha close krte hai
Check lecture of how to calculate sales tax
Please clarify the additional sales tax @2% in lieu of 3rd schedule items
No,
It is not additional, it is further and rate is also 3%, but not applicable
if there is c/f refundable?
If some stock left. Then what value of sales tax in carry forward????
Check previous lectures, this concept already explained
Sir how we will revise quareterky withholdong tax teturn
within 60 days you can revise, in withholding tab on IRIS, select, Quartey revised statement and file revise
Unregistered purchase ko divided by 117 kyn Kia ha ?
As per law to gross value Ka 5 percent ha.?
Please guide.. if I m wrong.
Thanks.
Yes in that amount sales tax also added
In case of unregistered invoice amount considered as gross amount
very well explained.... thanks for your kind words