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Tax Disputes Resolution Firm Karachi Pakistan
We are a dedicated Tax Law Firm in Karachi that focuses only to resolve disputes / tax legal issues between taxpayers and the Tax authorities. We help our clients efficiently resolve tax disputes, and minimize their tax liability. We are Tax Attorneys that serve in Karachi, Pakistan. We can protect your rights, and help you…
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Tax Law Firm in Karachi Pakistan
The lawyers of Irfan Mir Halepota & Associates understand the challenges Pakistani businesses face as the Federal and Provincial tax systems grow ever more complex. Our mission is to decipher that complexity and provide sensible, business-oriented services to our clients on income tax and Sales Tax matters. We represent the clients before the Appellate Tribunal…
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Section 7E Income Tax Ordinance 2001
Tax on deemed income from immovable property under Section 7E of the Income Tax Ordinance 2001. A new section 7E has been introduced through Finance Act, 2022 whereby for tax year 2022 and onwards, a resident person is treated to have derived income equal to five percent of fair market value of the capital assets…
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12 Billion Rupees Tax matter decided by Supreme Court of Pakistan
On 10th March 2020, the Honourable Supreme Court of Pakistan decided following Civil appeals with a joint order, in which more than Rs. 12 Billions Revenue was involved. These Civil Appeal were filed against the Order of High Court of Sindh, Karachi. Habib Bank and others Banks filed Constitution Petitions in High Court, same petitions…
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FBR Whistleblower, Informer of FBR can receive Rupees 5 Millions cash reward
The Federal Board of Revenue (FBR)’s whistleblower or informer can receive upto 20% of the tax evaded money, as much as Rs. 5 million in cash rewards for the detection of tax evasion. Recently FBR has framed the Inland Revenue Reward Rules 2021, whereby an informer/ whistleblower is entitled to a reward at the rate…