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    Annual Income Tax Return filing of AOP/ Partnership

    Who is required to file?

    All partnership Associations having NTN are required to file tax return.

    Benefit
    • Helpful during Application of visa processing for reconciliation of income of Partners of the Partnership Firm;
    • Help to avoid Penalties;
    • Help in Claiming Tax Refunds;
    • Carry forward losses; and
    • Helpful in Easy Loan processing from banks
    Consequences for Non-Registration
    • Legal Non-Compliance;
    • Confiscation of Bank Account/ Vehicle/ Immovable Property; and
    • FBR own assessment of income tax may end up on paying more taxes.

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      Attachments

    • Annual Audited Accounts

    • Details of Taxes deducted at source

    • Other information as required


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