Memon Tax Consultants

Memon Tax Consultants Your Trusted Taxwala's

🚀 𝗠𝗮𝗻𝗱𝗮𝘁𝗼𝗿𝘆 𝗘-𝗜𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴 𝗶𝗻 𝟮𝟬𝟮𝟱?📢 As per SRO 1413(1)/2025, every Sales Tax Registered Person in Pakistan is now required...
13/09/2025

🚀 𝗠𝗮𝗻𝗱𝗮𝘁𝗼𝗿𝘆 𝗘-𝗜𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴 𝗶𝗻 𝟮𝟬𝟮𝟱?

📢 As per SRO 1413(1)/2025, every Sales Tax Registered Person in Pakistan is now required to integrate with the FBR’s digital invoicing system.

❗ Don’t wait for deadlines or penalties — get compliant with our FBR-approved solution.

If you or your clients are sales tax registered, you must now be digitally integrated with PRAL. We make it simple — no retainers, no ERP headaches, no delays.

📞 Reach out now for a free demo, instant quote, or quick onboarding.

🔖

𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗦𝗮𝗹𝗲𝘀 𝗧𝗮𝘅 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿𝗲𝗱 𝗨𝘀𝗲𝗿𝘀!Federal Board of Revenue (FBR) has finally implemented the amended Rule 5(4) of the...
28/07/2024

𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗦𝗮𝗹𝗲𝘀 𝗧𝗮𝘅 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿𝗲𝗱 𝗨𝘀𝗲𝗿𝘀!

Federal Board of Revenue (FBR) has finally implemented the amended Rule 5(4) of the Sales Tax Rules, 2006, today, the 28th of July—the last non-working day/weekend of the month!

𝗪𝗵𝗮𝘁 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗞𝗻𝗼𝘄:

According to the new rule, every individual, member of an association of persons, and director of a company with only one shareholder must visit an e-Sahulat Centre of NADRA during the month of July every year for biometric re-verification. Failure to do so means you’ll need prior authorization from the Commissioner through IRIS to file your returns.

𝗔𝗰𝘁 𝗡𝗼𝘄!
Attention all sales tax registered users: Please visit your nearest NADRA e-Sahulat Center for FBR biometric verification as soon as possible. Failure to complete the biometric verification will result in a bar from filing your sales tax returns.

𝗕𝗶𝗴 𝗥𝗼𝘂𝗻𝗱 𝗼𝗳 𝗔𝗽𝗽𝗹𝗮𝘂𝘀𝗲:
Let's give a big round of applause to Federal Board of Revenue for implementing this crucial rule right at the 11th hour! 🎉

For any information or help, feel free to contact us.

Best Regards,
Memon Tax Consultants


The FBR has so far blocked more than 241,743 individual mobile network due to non filing of income tax return.And If you...
22/07/2024

The FBR has so far blocked more than 241,743 individual mobile network due to non filing of income tax return.

And If you've filed your income tax return but your mobile network is still blocked, contact us at https://wa.me/message/24Z4CJ6NCD5DC1 immediately. We offer free assistance to resolve this issue.

This is a public service message, not an advertisement.

The Supreme Court of Pakistan's recent judgment addresses the allocation of reserved seats for women and minorities in t...
12/07/2024

The Supreme Court of Pakistan's recent judgment addresses the allocation of reserved seats for women and minorities in the National and Provincial Assemblies. The Court has set aside the judgment of the High Court and declared the Election Commission of Pakistan's (ECP) order of March 1, 2024, as unconstitutional and without legal authority. Key points of the judgment include:

1)Invalidation of ECP Orders:

The notifications declaring candidates for reserved seats as per the ECP's previous decisions are quashed, and the ECP is directed to re-evaluate these allocations within seven days.

2)High Court Judgment Partially Set Aside:

The impugned judgment from March 25, 2024, by the High Court was set aside to the extent it conflicted with this Supreme Court order.

3)Reserved Seats Reevaluation:

The ECP is directed to reassess the allocation of reserved seats for women and non-Muslims within seven days, ensuring compliance with the constitutional provisions and hearing the concerned parties.

4)Political Party Rights:

The judgment affirms that the denial of an election symbol does not affect a political party's rights to participate in elections and field candidates.

5)Filling Reserved Seats:

All reserved seats must be filled according to the constitutional mandate.

6)Effective Date:

The new rules and guidelines set forth in the judgment will be effective immediately.

Judges' Opinions:

In Favor:

Syed Mansoor Ali Shah, Munib Akhtar, Muhammad Ali Mazhar, Ayesha A. Malik, Athar Minallah, Syed Hasan Azhar Rizvi, Shahid Waheed, Irfan Saadat Khan.

Not in Favor:

Yahya Afridi, Amin-ud-Din Khan, Naeem Akhtar Afghan

🚨 Attention Taxpayers! 🚨Exciting news: the field officers of FBR now requires prior approval from the respective committ...
08/05/2024

🚨 Attention Taxpayers! 🚨

Exciting news: the field officers of FBR now requires prior approval from the respective committee before attaching bank accounts for tax recovery. What does this mean for you? Stay tuned to find out more about your rights!


Tax With AI by Anwar Kashif Mumtaz (President PTBA)
01/05/2024

Tax With AI by Anwar Kashif Mumtaz (President PTBA)



🚨 Breaking News: New Income Tax Order Issued! 🚨Attention all taxpayers! Income Tax General Order No. 01 of 2024 has just...
30/04/2024

🚨 Breaking News: New Income Tax Order Issued! 🚨

Attention all taxpayers! Income Tax General Order No. 01 of 2024 has just been released, affecting around 506,625 individuals not on the active taxpayer list for Tax Year 2023. The Federal Board of Revenue (FBR) is set to disable mobile phone SIMs for non-compliance. If you want to remain a filer, please contact us immediately. Stay tuned for updates and ensure compliance to avoid any disruptions!

سب ٹیکس دینے والے توجہ دیں! انکم ٹیکس جنرل آرڈر نمبر 01 ، 2024 جاری ہو گیا ہے۔ یہ فیڈرل بورڈ آف ریونیو (FBR) کی طرف سے جاری کیا گیا ہے۔ اس کے تحت وہ افراد جنہوں نے ٹیکس سال 2023 کے لئے انکم ٹیکس ریٹرن داخل نہیں کیا ہے، ان کی موبائل فون کی SIMs کو غیر فعال کر دیا جائے گا۔ اگر آپ فائلر بنے رہنا چاہتے ہیں، تو براہ کرم فوری طور پر ہم سے رابطہ کریں۔ ہمیشہ تازہ خبریں کے لئے ہمیں فالو کریں۔

Source : https://www.fbr.gov.pk/Downloads/?id=89091&Type=Docs



*Bank statements does not constitute definite information* for purposes of section 122(5) of the Income Tax Ordinance, 2...
30/04/2024

*Bank statements does not constitute definite information*

for purposes of section 122(5) of the Income Tax Ordinance, 2001.
Merely deriving a different conclusion from an already available set of facts would not amount to "definite information" and mere conjecture or guesswork would also not be treated as "definite information".
It is a settled preposition now that whether or not information constitutes *definite information* for purposes of section 122(5) of the Ordinance is to be determined on a case-to-case basis and no overarching test can be laid down.

*2024 PTD 309* (H.C)

🔍 Stay Informed: Updates on Sales Tax Rule Amendment 🔍📣 Attention, Tax Professionals and Business Owners! 📣📝 We're excit...
18/04/2024

🔍 Stay Informed: Updates on Sales Tax Rule Amendment 🔍

📣 Attention, Tax Professionals and Business Owners! 📣

📝 We're excited to share the latest amendment to the Sales Tax Rule, as per SRO 350 issued by the Federal Board of Revenue.

🔍 Clause Update: Provisional Returns in IRIS 🔍

🔹 Headline: "Streamlining Tax Compliance: Understanding the Latest Provisional Return Amendment"

🔹 Overview:
Under the newly implemented Clause of SRO 350, significant changes have been made regarding the treatment of provisional returns in IRIS. Here's a concise breakdown:

🔹 Provisional Return Status:
- Buyer's return for a tax period shall be considered provisional until the respective seller files their return for the same period by the last day of the filing month.

🔹 In Case the Seller Will Not File Their Return within Stipulated Time. (a):
- If the seller fails to file their return by the due date, IRIS will compute the buyer's sales tax liability, adjusting for non-filer invoices and corresponding input tax. The provisional return becomes valid upon payment of computed sales tax liability.

🔹 In Case When the Seller File Their Return On Time (b):
- When the seller files their return and pays the sales tax liability by the due date, IRIS validates the buyer's provisional return, allowing the claim of invoices and corresponding input tax. Payment of sales tax liability is required for final validation.

🔹 Importance:
This amendment aims to enhance tax compliance and streamline processes for both buyers and sellers, ensuring accurate reporting and fair taxation practices.

Stay tuned for more insights and updates on tax regulations. For detailed information, refer to SRO 350 issued by the Federal Board of Revenue.



Your feedback and questions are welcomed.

🔥 Exciting News! 🚀 The e.fbr portal now features a tab for crafting your tax challan (surcharge for ATL u/s 182A) for th...
24/02/2024

🔥 Exciting News! 🚀 The e.fbr portal now features a tab for crafting your tax challan (surcharge for ATL u/s 182A) for the tax year 2023. 📅 Stay ahead by preparing early! The Active Taxpayers List - ATL gets a refresh on March 1, 2024. 📊 Don't miss out on compliance –

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