Avoid 7 Mistakes to Prevent Suspension of Sales Tax Registration: We often hear in the news that someone’s business has been closed due to tax issues, some people have been caught who were involved in tax fraud. Many people’s GST Registration has been cancelled and some have even been bl...

How to Adjust Previous Year Income Tax Refund Last year you had a refund available but this year IRIS is not allowing you to make adjustments. When you try to adjust the refund there, the system either zeroes it or adjusts it to a lower value. The question is why is IRIS doing this? Is […]...

  Bank Statement alone Cannot Be Considered Proof of Income Bank statement alone cannot be considered proof of income, according to a recent Supreme Court ruling about bank account transactions.  In the past, the FBR generally collected tax by treating the total credits listed in a bank statement ...