Tax Return Filing
⏳ Duration: 4 Weeks | 🌐 Mode: Online
💰 Fee: PKR 15,000
Understand the tax system and
learn to file both personal and business returns efficiently.
- Understanding taxation system in Pakistan
- Types of tax returns & compliance
- Step-by-step filing process
- Business vs Individual return filing
- Practical exercises & case studies
Key Benefits You Will Achieve:
- FBR Compliance Confidence: Master the process of registration, filing, and correspondence with the FBR and Provincial Revenue Authorities.
- Active Taxpayer Status: Learn how to successfully file your returns and maintain your name on the Active Taxpayer List (ATL), unlocking favorable tax rates and benefits.
- Maximize Legal Savings: Acquire Basic knowledge of Income Tax Ordinance 2001 to identify and utilize every available deduction, credit, and exemption.
- Job-Ready Skills: Gain highly sought-after expertise in Pakistan's tax system, opening doors to careers in finance, accountancy, or establishing your own tax consultancy service.
Main Course Features:
- NTN Registration: Step-by-step practical guide to obtaining your National Tax Number (NTN)
- IRIS Portal Mastery: Hands-on training on navigating the FBR's IRIS Portal—from logging in and generating Challans (PSID) to viewing tax history and verification.
- Filer vs. Non-Filer: Understanding the legal implications and tax rate differences associated with your FBR status.
- Heads of Income: Detailed computation of taxable income under the five main heads: Salary, Business Income, Property, Capital Gains, and Other Sources.
- Wealth Statement Reconciliation: Practical training on completing the Wealth Statement (Assets and Liabilities) and reconciling it with your income and expenses—a critical step for successful filing.
- Deductions & Credits: Comprehensive coverage of tax credits (e.g., medical, education) and allowable deductions for individuals and AOPs (Association of Persons).
- E-Filing Practice: Step-by-step demonstration of filing the annual Income Tax Return (Form 114) on the IRIS Portal with real-world case studies (Salaried, Self-Employed).
