Tax Services in Lahore,Pakistan

At CMA, we handle your company’s compliance needs, including bookkeeping and accounting, sales tax registration, WEBOC registration, income & sales tax return preparation and submission, withholding statements, annual returns, and balance sheet preparation.

We provide individualized tax services and tax consulting services at CMA Law Associate. Moreover, we invest our time in analyzing and comprehending your problems to identify the most promising solutions based on our experience and practical expertise. Our tax advisory services are not just available to Pakistani residents; they are also available to non-residents and foreign businessmen doing business there.

Customized services are offered by CMA Law Associate Professionals, including income tax return filing, sales tax registration, sales tax return filing, “WEBOC” registration, tax planning, and answering tax-related questions. Moreover, cooperation with the Income Tax Division for handling tax notices and audit compliance, Tax refunds, and assistance with any other challenges during tax proceedings, including tax appeals and litigation, is also done here. We offer the following tax services.

Our Services - CMA Law Associate

CMA law associates offer the following tax services. These services are nationwide.

1. Filing Income Tax Returns

All individuals who fall under the definition of the Income Tax Ordinance, 2001, must file an income tax return. In Pakistan, failing to file an income tax return results in penalties. Depending on the taxpayer’s financial situation, tax rates and different methods used to calculate taxable income are always variable. There are many different kinds of taxpayers; a few are as follows.

  • Companies
  • Association of Individuals (AOP)
  • people with salaries
  • People who are not paid salaries

For a single person, an individual who wanted to file their tax return in Pakistan would find the process tedious and uninteresting. One must use complicated and time-consuming processes to calculate taxes and write reports to prepare a tax return. For the person working on it, it typically becomes a frustrating process. Most people are unaware of the rationale employed in these computations. Additionally, there is always a deadline for filing tax returns, making the procedure more difficult. The Federal Board of Revenue of Pakistan has released information about filing income tax returns in Pakistan.

2. Filing A Sales Tax Return

Registering with the Federal Board of Revenue is necessary before filing a sales tax return (FBR). After registering with FBR, you will receive a Sales Tax Registration Number (STRN), User ID, and Password.

How do I register for sales tax and file a tax return in Lahore?

As the Federal Board of Revenue oversees every transaction, sales tax registration in Lahore is one of the first stages in starting a business.

As a registered individual, you can work for any reputable business or government agency in Pakistan and import and export goods and services. You cannot participate in tenders if you have not registered for sales tax. Therefore, it is necassary to have a basic know-how of the registration process.

Basics of Sales Tax Registration

Registering with the Federal Board of Revenue is necessary before filing a sales tax return (FBR). After registering with FBR, you will receive a Sales Tax Registration Number (STRN), User ID, and Password. The taxpayer has access to the e-file system for submitting the Sales Tax Return through User ID and Password. You can file an online sales tax return through the FBR’s e-file system.

3. Tax Litigation And Appeals

People typically file appeals on the basis of disagreements between the taxpayer and the tax department. It results from a mismatch between the taxpayer’s taxable income and the tax liability owed on it. Then, the possibility of default surcharges and penalties, among other things.

Professionals settled most cases with taxpayers at the Deputy or Assistant Commissioner Inland Revenue/Commissioner level to save time and problems that a Taxpayer must face during the compliance stage. However, there are some cases under which disagreements arise based on facts and figures along with legal implications between the Tax Department and the Taxpayer. In addition to resolve this dispute between the Taxpayer and Tax Department, the Income Tax ordinance (2001) provides a legal procedure that gives the right of appeal before the Commissioner (Appeal). However, if not satisfied, they grant you a right of appeal before the Appellate Tribunal and Higher Courts of Pakistan.  

4. NTN And Sales Tax Registration

Every applicant for an NTN and a sales tax registration in Lahore should follow the FBR-outlined procedure. However, based on a taxpayer case, the Commissioner of Income Tax with the help of jurisdiction, may voluntarily register NTN. If you receive a notice from the income tax department, it’s conceivable that you failed to include certain details when you filed your income tax return and wealth statement. Moreover, these details could have been related to your income or tax deductions. Moreover, it’s also possible that, despite not filing taxes, you bought a car or other property that the tax department is aware of.

However, you should contact CMA Law Associates for an expert opinion if you see that you have submitted your income tax return and wealth statement or if you have gotten a notice from the tax department. It will undoubtedly help you solve your situation.

5. Assistance With Tax Audits In Pakistan

The self-assessment tax system used in Pakistan gives taxpayers the freedom to voluntarily comply with tax laws using the information and evidence they have at their disposal. However, the Federal Board of Revenue’s effective tax audit program allows departments to keep track of all the taxpayers’ compliance efforts throughout a given fiscal year. Tax audits are performed to evaluate whether a taxpayer has assessed his tax burden on an accurate basis and deposited it in the government’s Treasury.

In this regard, the Federal Board of Revenue built a single, automated, risk-based “Tax Audit Management System” (TAMS). It enables departments to obtain accurate information regarding taxpayer compliances and the deposit of their tax liabilities. Although, they utilize an automated balloting technique to choose taxpayers for audit, and they use numerous pieces of information and criteria to weed out the taxpayer’s transparent identity.