Documents required for filing income Tax Return in Pakistan

Are you wondering how to become Tax filer in Pakistan? Are you confused what documents you require to file your income tax return in Pakistan in order to become a tax filer? Hamza and Hamza Law Associates is the Best tax law firm consisting of best tax lawyers in Lahore. We are ready to assist you in becoming a tax filer. We are famous for saving your huge amount of tax while strategizing and managing your tax affairs.

Documents required for filing of Income Tax Return for a Salaried Person

Tax in case of Pakistan for salaried person is deducted at sources by Employer if annual gross salary is beyond Rs. 400,000/-. Noteworthy that it is a common dilemma in Pakistan that a person in case of salary income of less than Rs. 400,000/- cannot become a tax filer and thus cannot get the benefits of tax filer. However if you choose to be,  you can still be a  Tax filer if your income is less than 400,000/- annually,  but if your annual salary is more than 400,000/- then it is mandatory for you to file income tax returns in Pakistan. Filing your Income tax Return means that you are giving your money trail to the government for the amount earned per year and expenses incurred in a year.

List of compulsory documents required for filing of Income tax Return in order to become a Tax Filer for a Salaried person.

  1. Tax Deduction Certificate from employer from 01st July 2022 till 30th June 2023
  2. Bank Account Statement from 01st July 2022 till 30th June 2023
  3. List of Personal Assets along with their Value of Purchase/acquisition
  4. Bank loan and other liabilities if any.
  5. Utility bill if under name of tax filer

We at Hamza and Hamza Law Associates are the top tax law firm in Lahore consisting of qualified tax consultants and lawyers. Whether it is about filing your tax return, maintaining your financial record, representing you at tax audits or contesting a tax assessment, we offer a strategized representation  an and tax management to save your hard earned money.

Documents required for filing of Income Tax Return for a Sole Proprietor, FreeLancer, Self employed and Business Individual.

Every person other than salaried person earning income of Rs. 400,000/- or above is required to file his income tax return in Pakistan. Most of the individuals indulged in business activity in Pakistan are already paying income tax on utility, mobile phone, banking transactions, cash withdrawals, school fee, credit card transactions etc. etc. but they are not claiming the tax paid by virtue of filing their tax returns.

List of compulsory documents required for filing of Income tax Return in order to become a Tax Filer in case of Business individuals

  1. Tax Deduction Certificate from Companies / banks / third parties, in case of tax deduction made from 01st July 2022 till 30th June 2023
  2. Summary of net sales invoices from 01st July 2022 till 30th June 2023
  3. Summary of expenses in business from 01st July 2022 till 30th June 2023
  4. Bank Statement from 01st July 2022 till 30th June 2023
  5. Detail of Business Assets as of 30th June 2023
  6. List of Personal Assets as of 30th June 2023
  7. Utility bill under name of business or tax filer

We at Hamza and Hamza Law Associates consisting of top tax consultants and lawyers know how to save your hard earned money and swiftly make your business tax filer while ensuring best tax management techniques. We are updated with day to day tax reforms and maintain your tax affairs in best possible way to relieve you of huge tax burden.

Optional documents required for filing your tax return in Pakistan or to become a tax filer (both for Salaried and Business Indvidual)

  1. Certificate of tax deduction from mobile carrier/ operator from 01st July 2022 till 30th June 2023
  2. Certificate of tax deducted on profit deducted from PLS / saving account from 01st July 2022 till 30thJune 2023
  3. Tax on cash withdrawal from bank from 01st July 2022 till 30thJune 2023
  4. Tax on certain banking transactions from bank from 01st July 2022 till 30thJune 2023
  5. Foreign remittance certificate  from 01st July 2022 till 30thJune 2023
  6. Tax deducted on Educational fee from 01st July 2022 till 30thJune 2023
  7. Advance Tax on transfer of Registration or ownership of brand new vehicle from 01st July 2022 till 30th June 2023
  8. Advance tax on registration or transfer of immovable property from 01st July 2022 till 30thJune 2023
  9. Advance tax on functions and gatherings from 01st July 2022 till 30thJune 2023
  10. Advance Tax deducted by Saving Centre from 01st July 2022 till 30thJune 2023
  11. Tax Deducted in Foreign transaction from Credit card from 01st July 2022 till 30thJune 2023
  12. Tax deducted on Domestic and International Air ticket from 01st July 2022 till 30thJune 2023

Hamza And Hamza Law Associates, the best tax lawyers in Lahore have been successfully filing tax returns for our valued clients in order to make them tax filers so they can avail all the benefits of tax filer in Pakistan. We are also representing clients in Custom, FBR, and PRA tax audits, tax collection cases, penalty waivers, as well as tax appeals for more than 10 years. In difficult tax cases, Hamza And Hamza Law Associates, experienced attorneys will represent you and defend your interests with Custom, FBR and PRA audit departments, in legal as well as department proceedings pending at Lahore. We have a deep understanding of the legal and procedural issues in Tax cases while also recognizing the uniqueness of each case. Consequently, we seek out solutions that put our clients in the best position to achieve their goals.