Income Tax Return Filing After Due Date | How much Penalty for Late Filing | How to Reduce Fine |

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  • Опубліковано 9 лис 2024

КОМЕНТАРІ • 99

  • @ikramullahkhan2828
    @ikramullahkhan2828 3 місяці тому +1

    Acha Andaz Hy apka

  • @MuhammadAsif-ru5mh
    @MuhammadAsif-ru5mh 4 місяці тому +1

    asalam o alikum sir app bhut acha kam kr rhy hain
    sir
    return file krty hue
    net asset previous year agar =0
    to koi problem to nhi hogi
    aur net asset current year
    pury sall kki incom k hi paisy huty is sy alag to nhi hoty ?

  • @Tahir_Malik786
    @Tahir_Malik786 Рік тому +3

    Sir Null Tax Return 2022-2023 December After due date k bad Kis tarhan Return File karen
    'Previous Return not Submitted ' Msg araha hy

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      1st file previous months all returns

    • @AliHaider-mg9ei
      @AliHaider-mg9ei 20 днів тому

      ​@@faheempracticallearning1 have a question. Me filer nhi hon, Let's say me ne time per tax file nhi kiya or me 7 months late hon. Kya me due date ke 7 months baad bhi filer bn sakta hon ?

  • @KashifKhan-kk4rh
    @KashifKhan-kk4rh Рік тому +1

    Very well explained

  • @bilalsarwar1080
    @bilalsarwar1080 Рік тому +2

    When ATL will be updated based on return filing for TY 2022???

  • @AliDost-q7j
    @AliDost-q7j Рік тому +1

    Please make a lesson on how to create PSID of sales Tax panelty Or default surcharge

  • @jonathanking8458
    @jonathanking8458 Рік тому +2

    Sir, If fbr thinks that someone paid 100000 less tax, how much can they demand? Can they demand penalty? Can one go to court after demand?

  • @irfan-106
    @irfan-106 Рік тому +2

    what about deemed income under section 7E. I am waiting for decision of court

    • @faheempracticallearning
      @faheempracticallearning  Рік тому +1

      yes, same explained in last lecture, but more thn 90% chance decision in Faver of department

  • @TheUmaiz
    @TheUmaiz Рік тому +2

    1st exemption approved ho gi, but return file na kr sake hon,
    Or last day pr 2nd exemption submit kr di ho
    Tou kia 2nd exemption consider ki jae gi?

  • @javedaly1151
    @javedaly1151 6 місяців тому +2

    Sir, I didn't file tax return 2022 and 2023. Now I am filling 2022 but late payment surcharge challan is now not available for 2022. What to do??

    • @faheempracticallearning
      @faheempracticallearning  6 місяців тому +1

      now if you want to add your name in filer list, thn PKR 1000/- need to pay on tax year 2023, return, in case of individual

    • @FMW110
      @FMW110 6 місяців тому

      @faheempracticallearning where do we pay this 1000 if we dont have a challan?

  • @malikabdullahakd1609
    @malikabdullahakd1609 Рік тому +1

    Agr 30 September sy pahly return jma kr dain phr b Atl ka chalan bnana pary ga ya nhi?

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      Yes but in next year 1st March 2024, your name will be added, in ATL list on the basis of tax year 2023 return

  • @osmanahmed8185
    @osmanahmed8185 4 місяці тому +2

    What for a bankrupt business ?.

  • @IamMQaisar
    @IamMQaisar 2 місяці тому

    Do New Registered Person have to file 4 years return? Means for now do I have to file return of 2019 to 2024 ?
    Also, will I get any penality for those late fillings as I wasn't in tax category due to low income (

  • @ateeqrehman842
    @ateeqrehman842 2 місяці тому

    AsslamoAlaikum !
    I am a student and have missed my returns for last 3 years i got no income stream ..so how ti will on me

  • @chirfanzafar6779
    @chirfanzafar6779 7 місяців тому +2

    1000 bana ha mayra
    Par pay kesay hoga???
    Online, jazz cash???

  • @taimurkhalid
    @taimurkhalid 3 місяці тому

    1. Sir meri salary se tax deduct horaha hai 6,7 sal se lekin mjhe awarness ni the to mene kbhi tax return file ni kya.
    2. Mene kbhi fbr men registration ni karwai lekin mera name fbr men registered hai or date of registration October 2023 hai.
    3. IRIS men FBR ne mjhe notice bheja hai sirf tax year 2023 k lye.
    4. Kya mjhe sirf 2023 or 2024 ka return file karna hoga? Ya baqi pichly salon ka bhi karna hoga?

  • @BilalAhmad-zv7sx
    @BilalAhmad-zv7sx 3 місяці тому

    I have a question i register on fbr in Jan 2024. And i received mail to filed all returns so i filed 2021 2022 and 2023 returns on 27 march 2024 in 2024 on 7th july i filed my return. Which process to bring my name in atl soon as possible

  • @azaanpackages
    @azaanpackages Рік тому

    Agar ap har saal returns jama karwate hun aur 2021 aur 2022 ki nahi karwai tu . Uska kiya hal hai
    Please reply 🙏 thanks

  • @mmasad5355
    @mmasad5355 4 місяці тому +1

    Brother I couldn't file my return for the last three years. Neither I received any notice from FBR. how much fine or panelty I should pay and how can I submit income tax return by my self?

    • @faheempracticallearning
      @faheempracticallearning  4 місяці тому

      Just file, no need to pay penalty, I you have knowledge you can file himself, or contact on this number 0300-7574731

  • @People_Service
    @People_Service 10 місяців тому +2

    i am not doing any job and i am living on my savings for last two years ، how will tax return will done in that case ، can you please guide here ؟

  • @mrxpert1005
    @mrxpert1005 Рік тому

    @Faheem sir, Please explain this. FBR main iris portal doesnot complete and past year data in MIS tab so we go for FBR Malomat portal. But now fbr malomat portal is closed for registered users and non filer person can see their data in fbr malomat. What you recommend now to registered person where to see complete details of current and past years if MIS doesnot show old data.

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      In most of the cases MIS data not ok, even not complete shows the transection, so this is just idea, for data accuracy we must have some physical evidence, so that in future if FBR challenge we can justify

  • @afvlog3954
    @afvlog3954 Рік тому +1

    Thank you sir, informative lecture

  • @Fady042
    @Fady042 Рік тому +1

    Salam! Can you guide that how to pay the surcharge for Individual of PKR 1,000, if we are filing the income tax return of 2022 now ?

    • @Fady042
      @Fady042 Рік тому

      ?

    • @ShanAli-cf7wf
      @ShanAli-cf7wf Рік тому

      Aoa brother kiya bna panelty ka panelty par gai yah without panelty return accept ho gai

  • @ShanAli-cf7wf
    @ShanAli-cf7wf Рік тому +1

    Sir deseased person ke NTN ka kiya ho ga kiya oski be return file Karni pary gi

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      Yes if he has some taxable portion of income, until, divided or transfer to another person name

    • @ShanAli-cf7wf
      @ShanAli-cf7wf Рік тому

      Sir transfer se Murad yeh ke os person ke wife or bacho ke name par kiya and Marne ke Baad phir os parson ke family ko return deni pary gi yeh knsa law hai bro wese isi liye people register nai hoty Marne ke Baad be saloon nai

  • @BasraJutt-i3h
    @BasraJutt-i3h Рік тому

    Sir main n Visa applay Karna k lay 1 ijent ko document or apni sim Dayi thi us n mara mara sale Tax active kar days h or 3 business bhi add kar days han y sab 2021 m hova h
    Chala h FBR ki traf say mujha ku notice nhi aia abhi tk Mujha AJ pata or ab mujha kia karna chaia

  • @NaveedAkhtarsial
    @NaveedAkhtarsial Рік тому

    Sir main 2016 se regular tax return file kar Raha hoon within due date , abhi mujhy notice Mila h 2014 2015 ki tax return ka ,ab mn Govt job se retired ho Chuka hoon aur itny Saal Purana data b nhi h mery pass , please guide

  • @kkch7475
    @kkch7475 Рік тому +1

    Good 👍

  • @muhammadkashifkhan3798
    @muhammadkashifkhan3798 Рік тому

    سر میں نے ستمبر 2022 میں ریٹرن submit کی تھی لیکن میں نے اب مئ 2023 میں چیک کیا تو ریٹرن draft میں پڑی ہوئی تھی ۔ اب submit کر رہا ہوں لیکن وہ submit نہیں ہو رہی۔ اب کچھ ہو سکتا؟

  • @abdulmoiz6785
    @abdulmoiz6785 8 місяців тому +1

    if somebody donot pay income from salary tax to FBR. what action FBR can do against that person?? plz guide me kindly it is my assignment

  • @talharana8429
    @talharana8429 Рік тому

    Sir aik information Chahiye main Salary person return file ni kar saka Tou abhi main agar fine Karon Tou kitna fine Hoga aur waise mujhe abhi tak fbr se koi notice msg receive bhi ni howa. Plz kindly reply me.

  • @3ghouritv
    @3ghouritv Рік тому

    AOA
    Sir,
    Mujhay pata he kuch nahe h
    Salary person hon
    2018 main fine ka notice h 20 thousand ka
    Abhi 1 plot lia h to ATL ACTIVE KRAYA H
    PLEASE RAHNUMAI FARMAIN
    JAZA KA ALLAH

  • @AliHaider-mg9ei
    @AliHaider-mg9ei 20 днів тому +1

    1 have a question. Me filer nhi hon, Let's say me ne time per tax file nhi kiya or me 7 months late hon. Kya me due date ke 7 months baad bhi filer bn sakta hon ?

    • @faheempracticallearning
      @faheempracticallearning  19 днів тому

      Yes, but after 31 oct, your status will be late, filer, if tax return not filed within due date

  • @abdulrasheedelectricworks4408

    AOA Sir, M ny AOP banwaya tha 2 sal pehly but us m us time partners add nahi kiye or na hi agly 2sal tak file kia but ab karna chahta hon to kitny charges pay krny pary gy?
    please guide me thanks

  • @mazharkhanniazi
    @mazharkhanniazi Рік тому

    Sir if you have made a video for a situation in which A company has to revise submitted quarterly withholding statement or not

  • @mohsinmushtaq459
    @mohsinmushtaq459 Рік тому

    AOA How to change principle activity as manufacture in 14(6) (Form of Registration filed for modification (To Become Manufacturer)) (Sales Tax).

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      For sale tax registered manufacturer no option online, need to visit local tax office

  • @Salman-td4hj
    @Salman-td4hj Місяць тому +1

    late active filler show hi rha hai ab me dubra kab tax file kro ga

    • @faheempracticallearning
      @faheempracticallearning  Місяць тому

      file tax return of year 2024, within due date, on 1st march 2025, your name will be appear in active list

    • @Salman-td4hj
      @Salman-td4hj Місяць тому

      @@faheempracticallearning return 30 sep ke baad bi file kr sqta hun ..?

    • @Salman-td4hj
      @Salman-td4hj Місяць тому

      @@faheempracticallearning 2023 to 2024 ke returns mein 1st march se pely file kro ga

  • @mmasad5355
    @mmasad5355 4 місяці тому +1

    The problem with most of the people is that they don't know the method how to file their return by themselves. Due to this hurdle they couldn't file return in proper time and get late . in most of the cases they don't file it.

  • @malikmehfooz
    @malikmehfooz Рік тому +2

    question is if any salaried individual had't filed their return from 2016-17. Can he filed their missing return now before 2023.

  • @afiatehmeen6320
    @afiatehmeen6320 Рік тому +1

    What if we had not filed for previous year yet?

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      File now

    • @afiatehmeen6320
      @afiatehmeen6320 Рік тому +1

      Chalan needed?

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      @@afiatehmeen6320 which challan

    • @afiatehmeen6320
      @afiatehmeen6320 Рік тому +1

      Rs.1000 to National bank. Please also guide through video how to mention bank loan in return.Furtther in previous year I hv mentioned about a plot and car in my return bt this year when I checked via my FBR maloomat no data found. Hv I missed something ??

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      @@afiatehmeen6320 yes, if you want to become filer, check lecture of loan

  • @MrZener11
    @MrZener11 Рік тому

    Thanks brother very informative

  • @daniyalabbas5803
    @daniyalabbas5803 Рік тому

    can refund be carried forward to next TY2023 with filling for refund mine is rs2000

  • @Zohaibbhaiworld1863
    @Zohaibbhaiworld1863 Рік тому

    7E is applicable for 2022 or 2023

  • @imranmustafa7121
    @imranmustafa7121 Рік тому +1

    Sir aik person na after due date returns file ki ha 2 years ki, lakin us na returns first time submit ki ha, rather wo b penalty ma a sakta ha ?

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      What is NTN registration date?

    • @imranmustafa7121
      @imranmustafa7121 Рік тому

      @@faheempracticallearning March 2022

    • @ShanAli-cf7wf
      @ShanAli-cf7wf Рік тому

      Aoa brother kiya bna panelty ka panelty par gai yah without panelty return accept ho gai

    • @imranmustafa7121
      @imranmustafa7121 Рік тому

      @@ShanAli-cf7wf Filhal submit ho gai Koi penalty ka notice nai aya abi. ATL charges pay kiya thay bss

  • @samarbhatti-ew5lt
    @samarbhatti-ew5lt Рік тому

    Hi Sir, i'm currently in a bit of a predicament. I haven't filed my tax returns yet, as my lawyer made my IRIS account and didn't inform me about the last date for filing. I'm also unsure if I should file my returns now and pay the fine or file later, given that I'm not currently working on the registered business. I noticed in your video that if I file before March 15th, I may be eligible for a 25% exemption. Can you please advise me on the best course of action in my situation? Any help would be greatly appreciated. Thank you for sharing your knowledge and insights on this topic.

  • @daniyalabbas5803
    @daniyalabbas5803 Рік тому +1

    Received 114(4) (Notice to file Return of Income for t complete year) of tax year 2015(due date 12-Jul-2021 ),tax 2016 and 2017 (due date 12-Dec-2018). I was not able to file these returns. Will a penalty for Late Filing apply?

    • @faheempracticallearning
      @faheempracticallearning  Рік тому +1

      Pls check backdated notice for filing of return lecture, all explained in detail

  • @umaiskhan4270
    @umaiskhan4270 Рік тому +1

    Assalam o Alaikun Boss ak bt pr guide kryn. we have a business registered only in FBR. since previous five years my lawyers was reporting gross sales around 2 million 3 million annually and reality is my sales are around 10 million or more some time and FBR portal also reflects same data of sales 10 million and same is in my bank account. Now i took over all controls of my returns from lawyers now what you recommend should i report real sales in 2022 revise return and previous years as well to avoid audit notice. Because there are material difference in sales reporting and actual salesAnd boss we are manufecturer so what you recommend should we register in sales tax or not because lawyer didnot do that

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      1st we need to report actual data, same as you mentioned in previous years it was not reported same, if fbr find this obviously they will share notice with you. 2nd now in every month you need to report actual, otherwise big consequences as per law, in the form of additional penalty even also difficult to justify.

    • @umaiskhan4270
      @umaiskhan4270 Рік тому +1

      Sir please need your kind suggestion

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      Revision of previous period is not easy task.

    • @faheempracticallearning
      @faheempracticallearning  Рік тому

      If in sale tax return data less reported then at least in annual return it should be actual

    • @umaiskhan4270
      @umaiskhan4270 Рік тому

      @@faheempracticallearning Boss lawyer didnot registered us as sale tax but we are manufacturer, should we register now in sale tax to avoid issues