Dear sir, you have shown incorrect method of calculating 25% rebate for teachers. The correct method is calculate 25% of "Normal Income Tax" in the computation tab.
Sir bahot khoob. Hamesha ki tara behtreen samjaya. Mera aik sawal hai k agar aik employee 1 july 2023 to 30 june tak EOL yani without pay ho tow wo kaisay file kerain gay. Han previous years ki bachat main ous nay guzara kia.
It seems incorrect treatment of bank profit: 1 it should be shown in other income 2 WHT deduction by bank should be shown in Rates/Taxes Tab of Expenses
Bohat aacha samjhaya hai Mashallah ❤ Kia ap samjha saktay hein k agar salary account mein salary k saath koi family member support k liyae paise har mAh transfer karra ho woh kaise declare karain gay? Aur family mein dada / nana agar account mein handsome amount means 2 to 4 Million transfer kartay hein uss ko kaise mention karain gay return file kartay Waqat. Bohat shukaria ❤
Thank you so much for your efforts but I have a question, I started my business in 2023 uske liye I invested X amount aur wo amount 2023 ki filling krte waq assets main mention kr di Business Capital ke agay aur usko business assets main ja kr equal kr dia ab 2024 ki filling krte waqt Net Assets Previous Year main wo amount bhi arhi ab us X amount ko dubara business capital ke agay likh dun ya kisi trhan adust kr dun expenses main ku ke wo amount tu invest ho gayi hoi business main
Medical allowance/expenses: Reimbursement of expenses on medical treatment or hospitalisation or both received by an employee is exempt from tax. Medical allowance of up to 10% of basic salary is exempt if the facility of reimbursement of medical expenses is not available to the employee.
If a government servant has hired his own house and receiving hiring payment along with his income, he will declare the hiring income as income from rent and govt. deducts tax on the hiring amount in advance as per the tax slab. My questiont to you is that how will he declare the hiring amount income in his return? Will this income also be included for the purpose of calculation of tax on taxable income whereas he has already paid tax on this income?
Good afternoon sir! I hope you are having a wonderful day. I have one question regarding government salary person. My question is " on gross salary government deduct GPfund, group insurance and benevolent fund where should we add such information in tax return?" Thank you for reading this. I am looking for your kind response.
Home ki value kia likhni ha agr kafi saalo pehle lia ho (old house) tb 100000 thi registry pe ab property rate zyada ha to or pehli bar return file kr rhe ha or kia ye capital me b likhna
Sir, bht shukria apka eysi informative video k lye. 1 sawal he k mobile recharge pr alrrady tax deduct ho chuka hota he us tax ka certificate nhi jma kra skte psid k bjai?
Sir, sab se pehlay ap salary person k lye salary return ki option ki bjaye ap normal return kyun choose kertay Han? Ager salary return wala choose ker len tou koi harj tou nai na? Plz guide me
I have tax deductions from my bank account under heading " non cash transactions under article 236P " , under which head can i mention these tax deductions. Thanks in advance
Asslamoalimum! Mujy ap do questions k ans dijiee ga kindly. 1. Kia atl charges increase hoe hn? 2. For salaried person exempted tax kon sa hota h. If he get less medical allowance from 10% of basic salary. And us ka treatment kesy o ga in return?
if I have two sources of salary, both have deducted taxes at their own slabs. Upon entering it collectively on iris creating a liability of tax. please provide a solution
Sir, me ne apni gari k old tyres Rs. 5000/ me sale out kr k Rs.45000/ me new purchase kye thy,,,,, kindly guide kr dejye k Rs 5000/ ko Tax Return me ks Code me add kron??? Thanks Sir. ❤
Assalam walekum Sar Maine trading aur manufacturing ka return file Kiya Hai Lekin aap yah bataiye ki attribute ke khane mein kaun sa business type select Karun Kyunki usmein sirf teen business type a rahe hain aur mujhe samajh Nahin a Raha please Meherbani farmaiye
May govt salary person hon aor easypaisa may saving account hy. bas. May serf wo declare krna chahta hun ta ke tax kam cut jye. Koi video hy to suggest karen.
Assalamo Alykoom brother jo asset polt ya house ap deckare krty uski jo amount hum jab ek year may declare krty hy tu yeh next sary year may chlta rahyga ya agly isko nhe krna amount ko declare
Dear sir . How r u. Sir I want to recover email of my parents in iris . The tax consultant which I approach is out of country and now he told me that I also forgot that mails of your parents. Now how to recover the email so I will made new login password because I want to file the tax return individuall. Sir I am waiting for your kind reply .Thanks
Aoa,i m federal govt mulazim hon ajkal gb govt me deputation p hon yaha. Tax free h..meri pay in ka sath h tax nhi kt da ..me kese rturn file kron ...kia sari pay excempt amount me dal don????
سر سرکاری ملازم کو تنخواہ کے علاوہ جو پیسے TA / DA، کفن دفن چارجز (بنولنٹ فنڈ سے)، میڈیکل ریمبرسمنٹ چارجز برائے علاج کھبی کھبار ملتے ہیں تو اس کو انکم ٹیکس ریٹرن میں کیسے اور کہاں مینشن کیا جائے؟
mn first time register hn n tax commissioner ne previous five years ka returns notice send kiya, should I have to submit all years or only this year to attain the filer status? please guide me
Question:- Salary for example 1 Million Saving account profit 1 Million Expenses 1 Million Now how to reconcile it? What figure will be declared in field as per return subject to normal tax? 1 Millon OR 2 Millon? If one million then the income from profit of 1 Million willl be placed as income declared as per return exampted from tax, as banks already deducts 15% WHT on profit. Note: both are incomes must be declared in some head but not sure. Nobody has answer of this important question on TH-cam most of the videos are totally useless. Kindly solve this issue. Thanks
Salam bhai mai is saal ki salary return file karna chahta ho mera pas 1 old 2008 model 70 bike ha kia woh show na kru to koi issue to nhi ? Or bank mai account mai kuch thora sa paisa ha woh return file karta hua show na kru to koi issue to nhi ???
Tax certificate or payslip dono par salary different hai. Konsi salary declare karen? Tax certificate par salary kam hai or payslip par zada hai. Agar mein payslip wali salary leta hoon to income tax zada araha hai admitted income tax mein. Please guide
January me Meri Job chhoot gai, final settlement me 2 months ki Salary + PL + CL + Provident fund Kul Mila k around 493000/- via cheques Mila. Iss amount ko Kahan aur kesey show Karun gi?
If you like the video then press like button and share it, also share your feedback in comments. Thank!
Me me last year Kisi Se ntn bnwaya ta filer hny k liye.abb me apna is sal ka text return Kesy submit krun payment???ab me job less hn
brother what if we have skipped to declare salary income in inflows head?
Aoa sir do u teach tax courses also? I want to learn sales tax. Plz reply. Thanks
bhai awesome se bhi awesome apka smjhane ka tarika bht hi awesome hai
@@muhammadebrahim6088 thanks for your feedback.
The simplest and best video for filing return.Great effort.
Thanks for your feedback.
Dear can you share video for filing property on installment???
I am grateful for your support. It saved my time and money. Thanks again.
Masha Allah bohat achha samjhaya hai,good work
Very comprehensive and easy to understand.... Well done
Thsnks
Very good, it is very informative video
Dear sir, you have shown incorrect method of calculating 25% rebate for teachers. The correct method is calculate 25% of "Normal Income Tax" in the computation tab.
Comprehensive Video, Thanks
Thanks for your feedback.
Super easy and effective....😊
@@zubadibrahim5657 nice to hear that.
MashaAllah bohot zabardast 👍
But reconciliation not described
Sir ap nay is mein agriculture or rent ki cheezen mentioned ki hen.. Ap simple sirf salary ki return file ka batye Jo shaks pehli dafa kr raha hai
Sir bahot khoob. Hamesha ki tara behtreen samjaya. Mera aik sawal hai k agar aik employee 1 july 2023 to 30 june tak EOL yani without pay ho tow wo kaisay file kerain gay. Han previous years ki bachat main ous nay guzara kia.
@@Islamicchannelofyahya dear brother isi channel par zero tax return wali video mojood he usko dekhen sb samjh jaen gy.
@@Legalversity JazakAllah. Stay blessed. Aameen
Thank you bro. Well explained
It seems incorrect treatment of bank profit:
1 it should be shown in other income
2 WHT deduction by bank should be shown in Rates/Taxes Tab of Expenses
Bohat aacha samjhaya hai Mashallah ❤
Kia ap samjha saktay hein k agar salary account mein salary k saath koi family member support k liyae paise har mAh transfer karra ho woh kaise declare karain gay?
Aur family mein dada / nana agar account mein handsome amount means 2 to 4 Million transfer kartay hein uss ko kaise mention karain gay return file kartay Waqat. Bohat shukaria ❤
Thank you so much for your efforts but I have a question, I started my business in 2023 uske liye I invested X amount aur wo amount 2023 ki filling krte waq assets main mention kr di Business Capital ke agay aur usko business assets main ja kr equal kr dia ab 2024 ki filling krte waqt Net Assets Previous Year main wo amount bhi arhi ab us X amount ko dubara business capital ke agay likh dun ya kisi trhan adust kr dun expenses main ku ke wo amount tu invest ho gayi hoi business main
اگر 2023 کی 114/4 نوٹس ریٹرن میں 2022 کے اثاثے غلطی سے شامل نا کیے گے ہوں تو 2024 میں شامل کیے جا سکتے ہیں
Retired person k liye batayen jin ko bank se saving account se ghar chalana hota he. Plz is per mukamal video jaldi banayen .
@@ilmkishamma-w8x g brother zarorr.
Medical allowance/expenses: Reimbursement of expenses on medical treatment or hospitalisation or both received by an employee is exempt from tax. Medical allowance of up to 10% of basic salary is exempt if the facility of reimbursement of medical expenses is not available to the employee.
Excellent explanation
If a government servant has hired his own house and receiving hiring payment along with his income, he will declare the hiring income as income from rent and govt. deducts tax on the hiring amount in advance as per the tax slab. My questiont to you is that how will he declare the hiring amount income in his return? Will this income also be included for the purpose of calculation of tax on taxable income whereas he has already paid tax on this income?
Is tax paid (withholding tax) as seller of property is the liability or advance tax and adjustable at the time of return?
sir gross salary main pf aur pension mention karna hai ya exclude kar ke add karna hai pension tu 5003041 main ajaye gi pf kahan aye ga
Great job outstanding 👏👌💞
Good information for every
Much Appreciated
Jo hm GPF non regundable amount lety hn...kya us pa b tax lgta ha?
wo amount enter ki column ma krni ?
Assests current year k enter karain ya saray? Agar first time file kr rahay hon? Or previous year k asset mention karain ya nahi?
Jis year ki return us year k asset and yes prevision year k asset btany hen
@@Legalversity Agar kisi loan diya ho jo next year wapis hoga? Konsay cell me enter karain value?
اگر موبائل پر جو ٹیکس کٹتا ہے اسے درج نہ کریں تو اس سے کوئی فرق پڑتا ہے یا نہیں۔آپشنل ہے یا ضرروی ہوتا ہے۔
Assalamu Aaikum
JazakAllahu Khair for this info.
If you also let us know about the capital gain?
Sir please freelancer wala updated video b bana de
and how to check my tax is paid or not from my company?
Good afternoon sir! I hope you are having a wonderful day. I have one question regarding government salary person. My question is " on gross salary government deduct GPfund, group insurance and benevolent fund where should we add such information in tax return?" Thank you for reading this. I am looking for your kind response.
@@naturevalley7581 dear brother I have shown you that head understand employment section where allowances added.
Thank you very much
Sir salary person Annual gross income add kare ga ya Annual taxable income? Under section 149 ?
Agr apko pay ghalat mili maslan house rent allowance zyada milta rha apko to gross pay ma shamil hta ha..phr kb departemnt uski recovery krta ha to kya recovery wali amount ..tax exempted wly column ma entry krn gy?
Please make a video on how to calculate and prepare Income Tax Return data on excel sheet and reconciliation of net assets. Thank you
@@MuhammadKhalilZarpio g brother.
@@Legalversity thanks, aapki video ka intizaar rahayga.
Foreign remittance received ko kis head mai show krna ha ? Aur kia treatment ha
Dear brother in wealth statement.
Please also create a video for income tax return for IT freelancers for 2024.
@@muhammadhamza9794 g brother it's in making process.
AoA, Where to enter a housewife's savings in income tax return, whether it should be "salary " or "other income "?
Home ki value kia likhni ha agr kafi saalo pehle lia ho (old house) tb 100000 thi registry pe ab property rate zyada ha to or pehli bar return file kr rhe ha or kia ye capital me b likhna
Salam bhai is year ki salary return file karna ki last date kia hai ?????? Kindly bta dijeye
30 September
Sir, bht shukria apka eysi informative video k lye. 1 sawal he k mobile recharge pr alrrady tax deduct ho chuka hota he us tax ka certificate nhi jma kra skte psid k bjai?
Ajustable tax me vo tax enter karen gy jo recharge pe deduct hoa hai vo adjust ho jay ga ap ka
Sir, sab se pehlay ap salary person k lye salary return ki option ki bjaye ap normal return kyun choose kertay Han? Ager salary return wala choose ker len tou koi harj tou nai na? Plz guide me
Where to add the tax deducted amount during purchase of items from shopping retailers in the income tax return?
sir agr salaried employee ke stock exchange me investment hai tu us ka munafa kahan mention kary
Sir pensioners ka liya bhi upload kejya video plz.
@@waqaskhan58 g brother
I have tax deductions from my bank account under heading " non cash transactions under article 236P " , under which head can i mention these tax deductions. Thanks in advance
Sir, mene koi bhi NTN wgera nhi banaya par kese ne meri CNIC ke against bana diya he, ab me apna login kese karon without password ?
sir agr govt employee ke stock exchange me investment ho tu us ka munafa kahan mention hoga
Asslamoalimum!
Mujy ap do questions k ans dijiee ga kindly.
1. Kia atl charges increase hoe hn?
2. For salaried person exempted tax kon sa hota h. If he get less medical allowance from 10% of basic salary. And us ka treatment kesy o ga in return?
@@komalshahzadi3584 dear sister, 1. No
2. Only medical allowance.
@@Legalversity if a person filer his return every year. Than no any chalan submit to fbr?
Asslam o alikum sir jb return file submit karty hain tu wo 4 digit code magta hy wo kahan sy mily ga???
June ki salary July me aati hai. Wo next year me include hogi ya previous me hi?
Sir benevolent fund tax exempted hay k nai. Agar hay to kahan enter karna hay
if I have two sources of salary, both have deducted taxes at their own slabs. Upon entering it collectively on iris creating a liability of tax. please provide a solution
good information.
Please make a video on mutual funds and stocks
Love you Sir❤❤❤❤
Sir,
me ne apni gari k old tyres Rs. 5000/ me sale out kr k Rs.45000/ me new purchase kye thy,,,,, kindly guide kr dejye k Rs 5000/ ko Tax Return me ks Code me add kron??? Thanks Sir. ❤
How much time it takes to be part kf active filer list. I have submitted my tax return on 14 Aug and yet to be part of active filer list.
Great effort
Can i mention gold in 7013 code as other asset? Or will it go in 7009 code?
And if i have mentioned in 7013 will it be a problem?
Dear Gold will go in precious possession.
Aoa....Agr tax refundable aa rha ho or sath tax payable bhi ho to tax pay krna zrori hy??
Refund Sy admitted ko adjust kr den
پرائیویٹ سیلری پرسن کا ریٹرن بھی سر اسی طرح جمع کرنا ہوتا ہے کیا
Gg mujy bi btye ga please JB ap KO pata chaly
Assalam walekum Sar Maine trading aur manufacturing ka return file Kiya Hai Lekin aap yah bataiye ki attribute ke khane mein kaun sa business type select Karun Kyunki usmein sirf teen business type a rahe hain aur mujhe samajh Nahin a Raha please Meherbani farmaiye
house hiring ki entry kesy manage karty hain?
2022 ~2023 Salary Tax Return Submit nahi karwaya us ka fine kitna dyna pareyga ???
1000
Bhai adjustable tax ma salary of employee under section 149 ma deducted tax likha he but reciept value likhni he k nai??
May aap kay zariye tax return file kerwana chahta hoon. Please guide.
Aoa
If you have plot file but not possession and you are paying installments. Would it be shown in wealth statement?
g
G...jis year jitni b installment de di h wo add krni h
Really great video 🎉
@@syedsubtainalishah7175 thanks for your feedback
May govt salary person hon aor easypaisa may saving account hy. bas. May serf wo declare krna chahta hun ta ke tax kam cut jye. Koi video hy to suggest karen.
میڈیکل الاؤنس کس طرح نکالیں گے رہنمائی فرمائیں گراس سیلری پر نکلے گا یا نٹ سیلری پر
@@AwazPunjabDiPK Dear brother gross pay sy
Salary person apna GP fund ir other deduction wagera kaha likhy dy.
Expense waly head main
Expense waly head main
Saving Account ke file return kerna baty .
Profit On Debt
Please create video this topic.
#Request #legalversity
I am government servant. i have withdrawn my non refundable GPF amount. whether it is taxable? In which column i will enter GPF amount?
Slam!
Sir kindly make a video for Lawers which are not associated with taxation to return the file. How can they return their file.
@@msdouna g brother
Thanks sir
Assalamo Alykoom brother jo asset polt ya house ap deckare krty uski jo amount hum jab ek year may declare krty hy tu yeh next sary year may chlta rahyga ya agly isko nhe krna amount ko declare
Dear sir . How r u. Sir I want to recover email of my parents in iris . The tax consultant which I approach is out of country and now he told me that I also forgot that mails of your parents. Now how to recover the email so I will made new login password because I want to file the tax return individuall. Sir I am waiting for your kind reply .Thanks
Complete Master Package Mein Konse Courses Include Hain?
thanks
You're welcome!
Aoa,i m federal govt mulazim hon ajkal gb govt me deputation p hon yaha. Tax free h..meri pay in ka sath h tax nhi kt da ..me kese rturn file kron ...kia sari pay excempt amount me dal don????
sir convience allowance n medical agar milta hai tu woh gross mai se exempt hoga
G brother
سر سرکاری ملازم کو تنخواہ کے علاوہ جو پیسے TA / DA، کفن دفن چارجز (بنولنٹ فنڈ سے)، میڈیکل ریمبرسمنٹ چارجز برائے علاج کھبی کھبار ملتے ہیں تو اس کو انکم ٹیکس ریٹرن میں کیسے اور کہاں مینشن کیا جائے؟
کفن دفن کرنے کے بعد ھو گا اس وقت کیا انٹری کرو گے
@@ubaidullah3965 Dear video k shuru mn clearly btaya Huwa he
Sir kindly business person Jo apni karobar KO 1st time register kr Raha Hota ha uski mukamal video ya link?
Channel par available he brother
@@Legalversity sir link?
kindly reply. agar 30 june bank balance minus me ho few rupees usko kesy enter kren gay? return me negative value enter nhi hoti
@@irfan5203 dear brother minus men balance Kesy jata he?
@@Legalversity Bank charges deduct hue 4 rupees minus arhy 30 june pe statement me
mn first time register hn n tax commissioner ne previous five years ka returns notice send kiya, should I have to submit all years or only this year to attain the filer status? please guide me
What is Refundable income tax?
Bhai jaan june 2024 guzar gie ha tu ab phir kia active hone k leay 2025 kie file krnie hoo gie ya 2024 kie
Abbi July to September ap NY 2024 ki kr ni he
Question:-
Salary for example 1 Million
Saving account profit 1 Million
Expenses 1 Million
Now how to reconcile it?
What figure will be declared in field as per return subject to normal tax?
1 Millon OR 2 Millon?
If one million then the income from profit of 1 Million willl be placed as income declared as per return exampted from tax, as banks already deducts 15% WHT on profit.
Note: both are incomes must be declared in some head but not sure.
Nobody has answer of this important question on TH-cam most of the videos are totally useless. Kindly solve this issue. Thanks
Aoa Sir
Conveyance allowance b exempted hora ha tax se?
Where and How to mention Provident Fund for Pvt employees.
Very good bhai
Govt Job K 7 agr small business b ho to kya job or business ki ik 7 return file ho skti hy?
G Han... Sab Options Mojood Hain Websit Par
Agr gross annual salary 100000 ho r expenditure 80000 hn to baki 20 thousand ki entry kidr krni ha? ya ya amount automatically assets ma chali jae g?
Wealth Statement men cash men kr den.
Salam bhai mai is saal ki salary return file karna chahta ho mera pas 1 old 2008 model 70 bike ha kia woh show na kru to koi issue to nhi ? Or bank mai account mai kuch thora sa paisa ha woh return file karta hua show na kru to koi issue to nhi ???
ap kr dyn...q k ye apk assets hn...ye lazmi h
Tax certificate or payslip dono par salary different hai. Konsi salary declare karen? Tax certificate par salary kam hai or payslip par zada hai.
Agar mein payslip wali salary leta hoon to income tax zada araha hai admitted income tax mein. Please guide
Tax Certificate wali lelo
@@muhammadnoman581 personal expenses bhi tax certificate wali salary se hi show karne honge?
January me Meri Job chhoot gai, final settlement me 2 months ki Salary + PL + CL + Provident fund Kul Mila k around 493000/- via cheques Mila. Iss amount ko Kahan aur kesey show Karun gi?
adjust kryn different heads mai
Kis head me?
Employment terminal benefits...
How to add foreign currency account amount in asset/account.? do I need to mention equivalent to pak rupee amount
Plz sath sath terms ko explain bhi kren
Loan and Liabilities wala poertion smaj ni aya
kindly explain how to declare employer loan during tax year