Tax & Regulatory
Substitution of Sec 11B of Sales Tax law: ATIR flags consequences of legislative errors
The Appellate Tribunal Inland Revenue (ATIR) has clarified jurisdiction under amended Section 11B of the Sales Tax Act.
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Tax, regulatory and professional updates for the accounting community.
Tax & Regulatory
Tax & Regulatory
Bank granted relief by ATIR Lahore: Minimum tax cannot be imposed without 'actual tax payable'
The Appellate Tribunal Inland Revenue (ATIR), Lahore has held that minimum tax under section 113 cannot be imposed in the absence of actual tax payable.
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Tax & Regulatory
ATIR Grants Tax Relief on Foreign Remittance Income to Software Exporter
In a significant development for Pakistan's IT export industry, the ATIR granted tax relief on foreign remittance income to a software exporter.
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