Who Needs to file Income Tax Return?

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You need to file your annual Income Tax Return in Pakistan if you fall within the ambit of any of the following:

  1.   Registered Taxpayers (NTN holders)
  2.   Those charged tax in tax years 2015, 2016
  3.   Welfare Institutions or NPOs (defined in ITO 2001)
  4.   Annual (non-business) income of PKR 400,000 or more
  5.   Annual business income of PKR 300,000 or more
  6.   All companies with financial (accounts) closure of before 31st December 2016
  7.   Owners of 250 sq yards  or more land or flat of any size within    Cantt/Municipal/ICT jurisdiction
  8.   Owners of 500 sq yards  or more land (outside Cantt/Municipal/ICT jurisdiction)
  9.   Flat Owners of 2000 sq ft or more covered area
  10.   Owners of vehicles over 1000cc
  11.   Anyone sent notice(s) to file return

Here are some of the major financial benefits of filing your Income Tax Return

Want to file your Income Tax Return?

Contact us now for:

Best quality services by top professionals including:

qualified lawyers,

chartered and chartered certified accountants,

chartered financial analysts and

tax experts

Millennium Law & Corporate Company (MLCC)

(the pioneer ACCA practising firm in Pakistan)

Bashir Mansion, 2 Turner Road, Adjacent AG Office, Lahore

Call: 042-37242434 / 0322-4219292 (prefer text),  Email: ozmeer@mlcc.pk

ACCA MNP Elections: A heart-touching email

Dear Readers,

Assalam O Alikum,

Please find below a highly motivating and heart-touching email by an attendee of one of the several CPD sessions that Mr. Omer Zaheer Meer conducted on taxation to build the capacity of our ACCA fraternity.

(The email id is blanked out for privacy protection)

From:  Aayesha (*******************)
Sent: 10 April 2016 21:20:35
To: ozmeer@mlcc.pk

Salam

I pray are doing well
Dear Sir,
I am writing to express my gratitude. i am an ACCA affiliate and i have attended almost all sessions on sales tax. I think about writing every time but i didn’t. reasons 1- I m not a good writer, 2- having bad writing skills 3- poor English.
By conducting such sessions ACCA and You have bestowed great favor upon us.All what i can do for you in return is PRAY.

Sir i have been rejected so many times in many interviews and tests and i was completely hopeless. I was thinking about to quit and then i received an unexpected call. This wasn’t my best performance but i am selected only because of Pakistan tax knowledge. With out you it was impossible i believe. Thank you for absolutely every thing 🙂

I also want to request you to please add me in the list of fortunes so that I can get updates about tax. I am sharing my contact details. If ever i can serve you, it would be an honor.
Respect, Gratitude and Best Regards,
Ayesha Noreen
________________________________________________________________
  • It is this kind of beneficial work for ACCA fraternity that Mr. Omer Zaheer Meer aims to continue and further build upon after getting elected to the MNP.
  • For his election statement, please click on the link below:
  • Thanks in anticipation of your kind support and valuable vote for Mr. Omer Zaheer Meer during ACCA’s MNP elections.