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
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
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
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.
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.
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
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
@@faheempracticallearning No thats not the case sir. The frim is purchasing items from compnay for e.g: walls products. And then distribute it to retailers. Kindly guide me if he is a withholding agent to deduct tax on Salaries and other direct or indirect expenses.
@@Shadexplays if firm registered as company then from day one withholding agent, if registered other then company, then if turnover exceed from 100 million in last 5 year any year, then withholding agent undersection 153, but for 149 & other section from day 1 firm withholding agent
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 law.??????
Ntn number add krwaein sirf bill py.ownership change na b ho sirf ntn add krwa dein to ap input claim kr skty hein. baqi further tax bnd ho jaey ga usky bd ya nai ye faheem sb guide kr skty...
Yes, now in some cases and locations they are only adding NTN if registration on your CNIC, in that case make one affidavit and dually signed from both lessor and lesse and submit, they will update
@@faheempracticallearning extra tax and further tax are related to STRN. Is It possible to add my STRN in addition to NTN on owner bill to claim GST input and abolish extra and futhet tax??
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
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.
well, in that case, discuss with your other partis take copy of return, if they already reported income tax return, then attached the copy of income tax return, the file notice reply, because if other parties already file income tax return, and again or double taxation not allowed, if department ask you to pay you can share income tax return of other parties for ready reference, they can charge some amount of penalty for non-compliance, but for not ask for full income tax payment, if other parties already deposited and filed
Salam, Fahim bhai is it necessary to add/ show exempt purchase ( taxable services, salaries, rent & supplies to annual return mai ati he hain what abt those jin par withholding tax nahi deduct hota ) when file annual withholding tax statement because warna phir section 44(4) kay tehat wo reconciliation ka notice detay hai to phir humain tie karni parti hai
SUBMISSION OF ANNUAL AUDITED ACCOUNTS UNDER SECTION 26(5) OF THE SINDH SALES TAX ON SERVICES ACT, 2011. you are required to provide the copies of the Annual Audited Accounts for the financial years 2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022. I got this email from SRB. My registration date is for service sales tax is : 6/7/2022 newly registered. Why i got this notice from SRB & how can i solve this issue?
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
Sure, in future I will update
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
May be some system issue try after some time
Exactly, this issue has been raised to FBR and send a print screen to them.
Ap Acha samjayA hen good
@@shumailanaz7855 👍
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
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
Try to manage cash expenses limit
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
Rule 44 ,Rice Exporter per apply hota he, when we purchased rice from broker, for export?
If purchase from directly owner or frmar then not applied
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.
Rule 44 only required reconciliation not supporting data, if officer need then he will share another notice
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.
Yes, Tomorrow I will update brief lecture on this topic, already in schedule
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
This can issue, but we can report, wrongly submitting, if we can prove that our goods are exempt, but return should be filed as per rules
@@faheempracticallearning yes the goods fall in schedule 6 table-1 that can be easily proved by providing them copy of GD im which HS code is mention
@@UbaidUllah-nj5et but rules should be followed for future
@@faheempracticallearning yes you are right....
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
Already have on channel check
Concept already explained follow
Alsalamoalekum sir Expenses ki reconciliation kaisay karay wo us 44 tax rule, wo apnay miss kardi hai
Already explained I think one by one need to check
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
Sir agar company distributer hu toh usko witholding katna bnta ha ya uspa applicable nai ha
If registered PVT company, then from day one company is withholding agent
@@faheempracticallearning No thats not the case sir. The frim is purchasing items from compnay for e.g: walls products. And then distribute it to retailers. Kindly guide me if he is a withholding agent to deduct tax on Salaries and other direct or indirect expenses.
@@Shadexplays if firm registered as company then from day one withholding agent, if registered other then company, then if turnover exceed from 100 million in last 5 year any year, then withholding agent undersection 153, but for 149 & other section from day 1 firm withholding agent
@@faheempracticallearning Thankyou so much sir.
iska reply online hoga ya RTO me jama karana hoga?
Both online and Tax office
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
Yes
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 law.??????
Ntn number add krwaein sirf bill py.ownership change na b ho sirf ntn add krwa dein to ap input claim kr skty hein. baqi further tax bnd ho jaey ga usky bd ya nai ye faheem sb guide kr skty...
Yes, now in some cases and locations they are only adding NTN if registration on your CNIC, in that case make one affidavit and dually signed from both lessor and lesse and submit, they will update
@@faheempracticallearning extra tax and further tax are related to STRN.
Is It possible to add my STRN in addition to NTN on owner bill to claim GST input and abolish extra and futhet tax??
@@khawarh2147 yes, possible and already many person doing this, both NTN and STRN can be added same time
@@khawarh2147 only further will omitted, extra need to pay
I am waiting for long time
;)
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
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.
well, in that case, discuss with your other partis take copy of return, if they already reported income tax return, then attached the copy of income tax return, the file notice reply, because if other parties already file income tax return, and again or double taxation not allowed, if department ask you to pay you can share income tax return of other parties for ready reference, they can charge some amount of penalty for non-compliance, but for not ask for full income tax payment, if other parties already deposited and filed
@@faheempracticallearning
if both parties registered in Sales tax and both file sales tax return properly so what you opinion behind this scenario
@@muhammadnoman2993 dear already explained in details, this is the only solution
Than you sir for making things easy for us
;)
Hello sir upload video that how to file sales tax return in iris completely please
Already have on channel check one by one
Dear sir.
Please provide this sheet .
you can easily prepare, try this, if some issue inform
Very nice
Jazak Allah
Salam
Who is eligible to file 165 statement
Dear check old lecture of withholding statement, already have on channel
Thank u sir ❤
Jazak Allah
Faheem Bhai mujhay yeh notice aya hai
any issue?
Salam,
Fahim bhai is it necessary to add/ show exempt purchase ( taxable services, salaries, rent & supplies to annual return mai ati he hain what abt those jin par withholding tax nahi deduct hota ) when file annual withholding tax statement because warna phir section 44(4) kay tehat wo reconciliation ka notice detay hai to phir humain tie karni parti hai
In annual return every thing need to report, as your paying from business, must be report
@@faheempracticallearning ok noted jazakaALLAH
SUBMISSION OF ANNUAL AUDITED ACCOUNTS UNDER SECTION 26(5) OF THE SINDH SALES TAX ON SERVICES ACT, 2011.
you are required to provide the copies of the Annual Audited Accounts for the financial years 2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022.
I got this email from SRB. My registration date is for service sales tax is : 6/7/2022 newly registered. Why i got this notice from SRB & how can i solve this issue?
Apna mobil no day
Apna no do
Thanks Sir Thanku so Much 💖
Jazak Allah