TAX DOSTI NEWS & TAX SAVING TIPS

Improving Your Financial IQ

Since starting our Tax Dosti Brand business in 2017, We have been happily sharing tips and helpful resources with clients and with the greater community.
Tax Dosti Team believe that everybody, not just us our loyal clients, should have access to the information and tools that will lead to more positive and fulfilling life pursuits.
Check out some of the stories and resources below and contact us if you want to learn more.

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August 9, 2022

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TAX CASE REGARDING OPENING WEALTH|MUST WATCH VIDEO FOR # RESIDENT, #NON-RESIDENT & #NEWTAXPAYERS|PK

August 5, 2022

Who Should Watch This Video & Why| 0:00 Intro to ITAT Case & Wealth Statement
10:20 How to Reconcile Wealth Statement
11:40 Example for Non-Resident Taxpayers
21:10 Example for New Resident Taxpayers
26:00 Example for Regular Resident Taxpayers
29:00 Intro to ITAT Case Lahore Bench TY2015
33:55 Intro to Parts of the Order ITAT Case
35:35 Brief Facts of the Case - Taxpayer 39:00 Proceeding under section 122(5A) 40:00 Reasons for charging tax u/s 111 46:35 Brief Facts of the Case - CIR (Appeals)
49:10 Brief Facts of the Case - ITAT Lahore
51:50 Legal Arguments of Taxpayer & FBR
01:02:00 Legal Reasoning of the Judge 01:07:50 Judgement of the Case by Judge
01:18:30 Victory of Taxpayer
01:19:45 Mistakes by Taxpayers in WS 01:22:30 Next Video|Tax Rates 2023

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#TAX ON TRADER #RETAILER IN #PAKISTAN BY #FBR FOR TAX YEAR 2023|#INCOMETAX #SALESTAX|WHO HAS TO PAY?

July 30, 2022

A new system of income tax and sales tax has been introduced for Retailers/Traders. In this video we discuss about the charge, recovery and payment of this new tax and more...

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TAX UPDATE ON SECTION 7E TAX ON DEEMED INCOME CHALLENGED IN LAHORE HIGH COURT|SHOULD YOU PAY TAX 7E?

July 24, 2022

Who Should Watch This Video ?

0:00 Intro to Court Case

3:30 Definition of Section 7E

40:00 LHC Proceedings 19-07-2022

42:45 Intro to Constitution 1973 Taxes

46:45 What is Eighteen Amendment ?

49:45 Article 141/142 Legislative Powers

52:05 Entry 50 of Federal Legislative List

53:35 Legal Points of Petition in LHC

01:02:45 Should You Pay Tax of 7E ?

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TAXPAYER'S RIGHT TO ADJUST PREVIOUS YEAR'S TAX REFUND AGAINST CURRENT YEAR'S TAX LIABILITY|#ITAT #FBR

July 15, 2022

Taxpayer's Right 2 Adjust Previous Year's Tax Refund against Current Year's Tax Liability|#ITAT #FBR Tax Year 2013|Home Services (Pvt) Ltd Vs CIR, Zone Legal, CTO, Karachi. 
Decision by Appellate Tribunal Inland Revenue (ATIR) for Tax Year 2013 under section 122(5A) of the Income Tax Ordinance 2001. #Taxrefund

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CONSTRUCTION OF #NAVY #GOLF #COURSE TERMED ILLEGAL BY #ISLAMABAD #HIGH #COURT #JUDGMENT|

July 14, 2022

Landmark Judgment in Pakistan Tax Dosti Presents

+923214409009

Title of the Case Prof. Zahid Baig Mirza VS Capital Development Authority through Chairman & others

Writ Petition-4245-2014 Court Islamabad High Court, Islamabad, Pakistan

Date of Judgment January 11, 2022 Judge (Author) Athar Minallah, C.J. JUDGMENT

Opening Statement

Imagine the planet without ecosystem services and the habitats created by nature; it would inevitably lead to the extinction of fauna and flora and thus the destruction of biodiversity… With superior intellect and the ability to change the balance created by nature, the human species has, through its reckless activities, already caused irretrievable harm to the flora and fauna which ensures its own existence on this planet.

Question Raised In This Petition

The will-ful and brazen disregard and abuse of the enforced laws by the very authorities and institutions created to protect the rights of the citizens through the implementation of enforced enactments promulgated by the legislature. 

Business Recorder News 

Construction of Navy Golf Course termed illegal ISLAMABAD: The Islamabad High Court (IHC) has said there is no provision under the Army laws which authorises or empowers the Pakistan Army to undertake, directly or indirectly, activities beyond its composition for the purposes of welfare, unless the Federal Government has expressly granted permission to do so.

The IHC 105-page judgment, authored by Chief Justice Athar Minallah, said the Pakistan Army Act 1952, the Air Force Act 1953 and the Pakistan Navy Ordinance, 1961 have been promulgated to regulate the respective branches of the Armed Forces and its discipline. The statutes regulate the discipline and internal working of the respective branches of the Armed Forces but do not empower the officers to undertake any activity beyond the establishments.

Back to IHC Judgment…

Main Points of the Case Article 9 Right to Life of Constitution of Pakistan violated in present case. The beneficiaries in this case a few and the victims due to environmental damage are many people. The Violators are not the ordinary citizens but institutions & public functionaries. The fundamental question raised in these petitions is regarding the failure to implement the laws which have been promulgated to protect, preserve and manage the Margalla Hills National Park. The branches of the Armed Forces, the Pakistan Navy and Pakistan Army, by taking the law into their own hands, have violated the enforced laws while the public functionaries responsible for protecting the rights of the people by implementing the promulgated statutes and hold the perpetrators accountable refused to perform their obligations.

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YEH HAI ASAL BAAT MERYA PAKISTANI DOST|TAX DOSTI NEWS ANALYSIS|#VIDEO #COMMENTARY

July 13, 2022

13-07-2022|Yeh Hai Asal Baat Merya Pakistani Dost|Tax Dosti News Analysis|#video #commentary

When FBR Calls You - You Call Us ! At www.taxdosti.com we make new tax filer but we take Great care of Our existing clients, who FBR is trying to harass and tax without a cause. #Pakistan #FBR #Iris WhatsApp No. +923214409009

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TAX DOSTI NEWS ANALYSIS|#BRECORDER #NEWS|JULY 7 & 8, 2022|IMPROVE YOUR FINANCIAL IQ BY WATCHING THIS

July 7 & 8, 2022

Tax Dosti News Analysis|#brecorder #news|July 7 & 8, 2022|Improve Your Financial IQ by Watching This

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NON-FILERS IN PAKISTAN TO PAY INCOME TAX FROM SEPTEMBER 2022(TAX YEAR 2023) BASED ON #NADRA #PROFILE

July 5, 2022

Non-Filers in Pakistan to Pay Income Tax from September 2022(Tax Year 2023) Based on #NADRA #Profile

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#TAXES ON #ELECTRICITY BILLS IN PAKISTAN & #NEWTAXES IMPOSED IN #FINANCEACT 2022 ON ELECTRIC BILLS

July 5, 2022

#Taxes on #Electricity Bills in Pakistan & #NewTaxes imposed in #FinanceAct 2022 on Electric Bills

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TAX DOSTI #NEWS #ANALYSIS FOR|03-07-2022| & |04-07-2022| CHANGE IN INTRODUCTION STYLE| #MERAPAKISTAN

July 3 & 4 2022

Tax Dosti #NEWS #Analysis for|03-07-2022| & |04-07-2022| Change in Introduction Style| #MeraPakistan