Why is Income Tax Return Filing Important?

Filing your income tax return is not just a legal obligation, but it also opens doors to various financial opportunities. As an individual or business in Pakistan, staying compliant with FBR regulations ensures that you avoid penalties, legal issues, and potential audits. Moreover, being a tax filer makes you eligible for various government incentives and benefits, such as lower tax rates on banking transactions and property purchases.

How Can We Help?

At Income Tax Lawyers, we take the stress out of income tax return filing. Our team works diligently to ensure your income tax returns are filed correctly and on time. We identify all eligible deductions and credits, ensuring you pay only what you owe. With our expertise, you can have peace of mind knowing that your taxes are in capable hands.

Our Income Tax Services in Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad and Multan

Our income tax services are designed to provide end-to-end support for individuals, corporations, and non-residents in fulfilling their tax obligations and optimizing their financial compliance. We offer:

• National Tax Number (NTN) Registration: Assisting clients in obtaining their NTN, a mandatory identification number for taxpayers in Pakistan.
• Preparation and Filing of Withholding Tax Statements: Managing periodic statements that disclose income withheld by employers or agents on behalf of employees or payees.
• Quarterly Advance Income Tax Returns: Preparing and filing advance tax returns to ensure compliance with quarterly tax obligations.
• Annual Income Tax Returns: Expert preparation and annual filing of income tax returns to ensure accuracy and timely submission.
• Wealth Statements and Reconciliation: Crafting detailed wealth statements and reconciling them with declared income for comprehensive financial transparency.
• Staff Tax Compliance: Preparing income tax returns and wealth statements for employees.
• Non-Resident Taxpayer Services: Income tax returns filing and managing statements for non-residents to ensure compliance with Pakistani tax regulations.
• Internal Audit for Withholding Taxes: Conducting thorough audits to ensure accurate withholding and compliance.
• Exemption and Lower Rate Certificates: Assistance in obtaining certificates for reduced or exempted tax liabilities.
• Representation During Tax Audits and Notices: Attending tax audits and responding effectively to notices issued by authorities.
• Advisory and Written Opinions: Providing expert opinions and general tax advisory services to address client concerns and queries.
• Legal Representation: Appearing before tax authorities, tribunals, the Federal Tax Ombudsman (FTO), Alternative Dispute Resolution Committees (ADRC), and higher courts, including the High Court and Supreme Court.

Our Sales Tax (Federal and Provincial) in Karachi, Lahore, Islamabad, Rawalpindi, Faisalabad and Multan

Our sales tax services encompass every aspect of compliance and advisory for federal and provincial sales taxes. Our expertise includes:

• Sales Tax Registration: Assisting clients in registering for sales tax.
• Monthly and Periodical Returns: Preparing and filing sales tax returns for periodic compliance.
• Annual Sales Tax Returns: Filing annual returns with accuracy and efficiency.
• Mandatory Record Maintenance: Maintaining and organizing mandatory sales tax records to ensure legal compliance.
• Internal Audits: Conducting internal audits to identify discrepancies and ensure tax compliance.
• Audit Representation: Representing clients during tax audits and addressing notices from tax authorities.
• Advisory Services: Offering professional opinions, consulting, and problem-solving related to sales tax matters.
• Legal Representation: Advocating on behalf of clients in adjudications, appeals, tribunals, and higher courts, including the Supreme Court.

Corporate and Secretarial Services

We provide specialized corporate and secretarial services to streamline business operations and ensure regulatory compliance. Our offerings include:

• Company Incorporation: Assisting in the formation of companies, partnerships, societies, and Non-Profit Organizations (NPOs).
• Regulatory Permissions and Registrations: Securing permissions and completing registrations with trade bodies and regulatory authorities.
• Corporate Compliance: Ensuring adherence to statutory and regulatory requirements, including the preparation and filing of Form-A, Form-29, and other essential forms.
• Professional Advice: Delivering actionable advice on statutory matters and providing innovative solutions to business challenges.
• Business Restructuring: Managing conversions such as proprietorship to a private company, private to a public company, and vice versa.
• Winding-Up Services: Facilitating the legal and efficient closure of businesses.
• Contract Drafting and Review: Drafting, reviewing, and registering commercial and trade agreements.
• Cross-Border Agreements: Reviewing and advising on international contracts, agreements, and deeds.

Counseling on Legal Matters: Providing expert legal counseling on various corporate and commercial issues.