Umair Ar Mughal Below is an illustrative example of what this type of notice looks like — not a real case, figures changed for illustration. SUBJECT: SHOW CAUSE NOTICE FOR BEST JUDGMENT ASSESSMENT U/S 121(1)(d) READ WITH 121(1)(ab) OF THE INCOME TAX ORDINANCE, 2001 – TAX YEAR [Year] Please refer to the subject cited above. This office has … Read more
Receiving a notice from FBR can be intimidating — especially a Section 111(1) notice, which questions unexplained income or assets. This guide explains what the notice means, why you might receive one, and what to actually do about it. What Is a Section 111(1) Notice? Section 111(1) of the Income Tax Ordinance, 2001 empowers FBR … Read more
Notice to submit information on questionnaire by DNFBP as per AMLA/CFT – (Real Estate) NOTICE TO REGISTER UNDER SECTION 6A(2)(A) OF THE ANTI MONEY LAUNDERING ACT, 2010, READ WITH SRO 924(I)/2020 DATED 29TH SEPTEMBER, 2020. Whereas it has been ascertained that as per available record, you are liable to be registered as a Designated Non-Financial … Read more
A 182(2) notice means FBR believes you didn’t file a required return and is proposing a penalty for it — here’s what it actually means and how to respond. What Triggers a 182(2) Notice Under Section 114 of the Income Tax Ordinance, certain people are required to file an income tax return — and if … Read more
If you need proof of tax deducted on your PTCL bill — for your income tax return, a withholding tax adjustment, or just your own records — here’s how to actually get it. Why You’d Need a PTCL Tax Certificate PTCL, like other telecom and utility providers, deducts advance tax on your bill under the … Read more
A partnership firm is one of the simpler business structures in Pakistan — faster to set up than a private limited company, but with a real tradeoff: partners carry unlimited personal liability for the firm’s debts, unlike a company’s limited liability. Here’s how registration actually works. Step 1: Draft a Partnership Deed This is the … Read more
Form 26 is a specific SECP filing, and confusing it with other similarly-numbered forms is easy — here’s what it actually covers. What Form 26 Is Form 26 is SECP’s form for notifying the return of allotment of shares — filed when a company issues new shares to shareholders (whether at incorporation, a fresh funding … Read more
Form 1 is one of the first documents you’ll actually file with SECP — here’s exactly what it covers and when it’s used. What Form 1 Actually Is Form 1 is SECP’s declaration of compliance form, filed as part of the company incorporation process — it’s a formal declaration that all incorporation requirements under the … Read more
If you’re a salaried individual in Pakistan trying to estimate your income tax for the current year, the numbers changed under the Finance Act 2026-27 — confirmed on the FBR Withholding Tax Rate Card — most notably, the 9% surcharge that used to apply to salaried individuals with high income has been withdrawn entirely. If … Read more
Looking for the full year-by-year archive? Browse our Tax Card Archive for rate cards from Tax Year 2006 onward. FBR income tax slabs vary depending on who you are — a salaried individual, a non-salaried individual or AOP, or a company — and each category has its own rate structure. This page is the overview … Read more
