Withholding statements to be filed on quarterly basis

ISLAMABAD: Withholding agents shall require to file statement on quarterly basis from fiscal year starting July 01, 2020. The Finance Bill, 2020 proposed amendments to Section 165 of Income Tax Ordinance, 2001, under which the filing of withholding statement will be on quarterly basis against existing biannual basis. The requirement of filing withholding statement on […]

by Mrs. Anjum Shahnawaz

FBR extends date for filing withholding statements to August 20

Jul 31

Taxation

FBR extends date for filing withholding statements to August 20

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday extended the date for filing withholding statements by 20 days to August 20, 2019 from July 31, 2019. In this regard the FBR issued Income Tax Circular No. 10 to allow extension for filing withholding statements under Section 165 of Income Tax Ordinance, 2001.

by Mrs. Anjum Shahnawaz

FBR issues rules for filing biannual withholding statement

Jul 25

Taxation

FBR issues rules for filing biannual withholding statement

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday notified amendments to Income Tax Rules, 2002 under which withholding agents are required to file withholding statements biannually instead monthly.

by Mrs. Anjum Shahnawaz

KTBA asks FBR to clarify filing withholding statements after amendment

Apr 5

Taxation

KTBA asks FBR to clarify filing withholding statements after amendment

KARACHI: Karachi Tax Bar Association (KTBA) has asked Federal Board of Revenue (FBR) to issue clarification regarding filing withholding tax statement following amendment made through Finance Supplementary (Second Amendment) Act, 2019.

by Faisal Shahnawaz