Sir, Agricultural filer person jab credit per Urea, Sapry, etc leta hay tu us k pass koi Khas book keeping nahen hoti, , May Jun 30, tak wo apni Crop sale kar deta hy aur Creditors ko payment after 30 June karta hy, phir wo all creditors related to agricultural producing ky pass jata hy aur apna cash/cheque de kar loan clear karta hy. (aur is main wo discount bhi karwata hy ). So, jab all crop sale krta hy tu Payment us k account main jama ho jati hy wo kesy is loan ko show karey ga k usny payment abhi karni hy.
@@paikersheikh sir Loggo ko nai pata or na hi pakistan may law ko serioues lia gaya hai ... ab jin loggo nay loan cash ki sorrat may receive ker lia hai or return may still loan receivable ho raha hai wo bad debit show ker sak te hain ?
Sir ALL OF MY MOTHER'S INCOME IN LAST TAX YEAR (i.e. TY 2024) AND THIS TAX YEAR i.e. TY 2025) IS PROFITS FROM SAVINGS ACCOUNTS AND FROM BEHBOOD SAVINGS CERTIFICATES. LAST TAX YEAR( i.e.Ty 2024) PROFIT EXCEEDS PKR 05 MILLION AND THAT RESULTS IN INCOME FALLING IN NORMAL TAX REGIME. CONSIDERING THE ABOVE MENTIONED FACT ARE WE LIABLE TO PAY ADVANCE TAX UNDER SECTION 147 IN TAX YEAR 2025 CONSIDERING THE FACT TAX IS ALSO DEDUCTED ON THE PREVIOUS YEAR INCOME UNDER SECTION 151 PROFOT ON DEBT AND SECTION 147 ALSO EXEMPT INCOMES FALLING UNDER DIVISION III (i.e. clause d of section 147)?? THIS TAX YEAR (i.e. in tax year 2025) my GROSS income expected to remain below PKR 4 MILLION DUE TO REDUCTION IN DISCOUNT RATES. TAX IS ALSO DEDUCTED BEFORE PAYMENT OF PROFITS. DO I REPLY TO INTIMATION TO PAY ADVANCE TAX NOTICE AND IF YES THEN WHAT TO INCLUDE IN REPLY?
If your income classifies as normal taxable income then advance tax is payable but if you are estimating that for 2025 your income will not qualify for normal tax regime than in this case advance tax is not payable for 2025.
@@paikersheikh sir last question. Pr apney account main purchaser sey cash jama kerwa loon. Kiun k wife Ka account Ni hai. Kiun k purchaser Ka b bank account Ni hai
It is hot topic to discuss it.......💡
Great information. Thanks
Can u please let me know that how much cash in hand can individual comfortably show annually in tax return.
There is no specific limit defined in law but as a general practice it should not be more than 10% of your total assets
@ Thanks n regards
Sir, Agricultural filer person jab credit per Urea, Sapry, etc leta hay tu us k pass koi Khas book keeping nahen hoti, , May Jun 30, tak wo apni Crop sale kar deta hy aur Creditors ko payment after 30 June karta hy, phir wo all creditors related to agricultural producing ky pass jata hy aur apna cash/cheque de kar loan clear karta hy. (aur is main wo discount bhi karwata hy ). So, jab all crop sale krta hy tu Payment us k account main jama ho jati hy wo kesy is loan ko show karey ga k usny payment abhi karni hy.
Business transaction se related Advance kai paisy loan nahi hota us pe ye section apply nahi hoga
Janab Loan 3 years ago diya ho to wo kia karey ? everyday new laws
This law has been applicable for many years. Just information kay lie video bnai
sir Loan cash lay ki soorat may bad debt show ker sakty hain in return loan ki amount ko ?
Cash loan allowed nahi h tax law mn
@@paikersheikh sir Loggo ko nai pata or na hi pakistan may law ko serioues lia gaya hai ... ab jin loggo nay loan cash ki sorrat may receive ker lia hai or return may still loan receivable ho raha hai wo bad debit show ker sak te hain ?
What if loan taken repay in same tax year. Iris mai loan show karney ki zaroot hai. Bez bank mai in out tu ho gaya.
No need to show. Agr markup pay kia hai to wo show krna pry ga personal expenses mn
Sir ager house sale kia ho aur payment cash li ho dono parties filer hon bank ko evidence bhi dia ho. Purchaser ka account nhi ha.
Cash transaction is not permitted for sale of asset more than PKR 5 million.
@paikersheikh sir seller ke lye nuqsan ha ya purchaser k lye ma ne true amount return ma show ki ha party payorder nhi derahi thi
@@ahsanulhaqhashmi9408 seller k lie ziada nuksan hai
Sir
ALL OF MY MOTHER'S INCOME IN LAST TAX YEAR (i.e. TY 2024) AND THIS TAX YEAR i.e. TY 2025) IS PROFITS FROM SAVINGS ACCOUNTS AND FROM BEHBOOD SAVINGS CERTIFICATES. LAST TAX YEAR( i.e.Ty 2024) PROFIT EXCEEDS PKR 05 MILLION AND THAT RESULTS IN INCOME FALLING IN NORMAL TAX REGIME. CONSIDERING THE ABOVE MENTIONED FACT ARE WE LIABLE TO PAY ADVANCE TAX UNDER SECTION 147 IN TAX YEAR 2025 CONSIDERING THE FACT TAX IS ALSO DEDUCTED ON THE PREVIOUS YEAR INCOME UNDER SECTION 151 PROFOT ON DEBT AND SECTION 147 ALSO EXEMPT INCOMES FALLING UNDER DIVISION III (i.e. clause d of section 147)??
THIS TAX YEAR (i.e. in tax year 2025) my GROSS income expected to remain below PKR 4 MILLION DUE TO REDUCTION IN DISCOUNT RATES. TAX IS ALSO DEDUCTED BEFORE PAYMENT OF PROFITS.
DO I REPLY TO INTIMATION TO PAY ADVANCE TAX NOTICE AND IF YES THEN WHAT TO INCLUDE IN REPLY?
If your income classifies as normal taxable income then advance tax is payable but if you are estimating that for 2025 your income will not qualify for normal tax regime than in this case advance tax is not payable for 2025.
Wife non filler ho... House sale k paisa apney account main rat ley too??????
Sale ki transaction agr bank k through hui hai to koi issue Nahi
@paikersheikh sir wife Ka bank account Ni hai.
oor paisa b cash liya hai
Cash transaction is not permitted
@@paikersheikh sir last question.
Pr apney account main purchaser sey cash jama kerwa loon. Kiun k wife Ka account Ni hai.
Kiun k purchaser Ka b bank account Ni hai
@@paikersheikh wife ko funds Gift kia jay bank to bank transfer then everything is OK ?