Tax Planning
Tax planning is important task of overall financial management we provide tax planning facility to our clients to provide legal avoidance and safety from any adverse consequences.
Acquiring Income Tax exemptions from Commissioner Income Tax under different provisions of Income Tax Law.
Filing of Periodic Tax Statements
Heavy penalty is imposed if various periodic statements, other than tax return, is not filed. All companies and individuals/partnership firms (sales tax registered or having annual turnover of Rs. 50 million ) are required to deduct withholding tax , deposit it and file withholding tax statement with FBR.
In case of failure to deduct withholding tax or filing statement of withholding tax heavy penalties are imposed by tax department.
Our consultancy services relevant to filing of statement are as follows:
Presentation of Clients on Hearings
We appear on behalf of our clients before various tax authorities, such as Regional Tax Office, Commissioner Appeals and Income Tax Appellate Tribunal.
Filing of Appeals
In case of non filing of return and wealth statement Commission Inland Revenue (Commissioner Income Tax) may issue order to pay tax, estimated by him. The assessment order issued by Commissioner can be challenged by the taxpayer. We review assessment orders and advise on filing of appeals, if required.
Filing of appeals Before Tax Ombudsman
Federal Tax Ombudsman (Tax Mohtasib) was established by Federal Government to provide relief to taxpayers. If any taxpayer has complaint against tax authorities application can be filed with Ombudsman.
Import and Export Taxes Guidance
Provision of support and assistance relating to applicable taxes , duties, excise and customs charges for import and export of any particular item or goods.