PPT ------- Income Tax Ordinance,2001-- Return of Income
Taxation Laws is one of the hottest subject relating to every person .Day by day its importance is increasing. A responsible citizen is well judged by his declaration as filer . Every purchaser and seller has to come in the ambit of being NTN holder as well as return filer. Similarly assets declaration is the basic demand of Inland revenue Department. Day by day its application is increasing as the system reveals that every declaration is getting online & is in the access of the Tax Department. Students are required to be well aware of Tax system in Pakistan as CNIC has now got registered as NTN of every citizen who is registered in FBR . The need of present day is that law student should get aware of tax system and particularly of return filing.
Before Registration and Filing of your Income Tax Return, it is recommended that one should establish basic understanding regarding these processes. Knowledge of basic concepts would not only ensure that the tasks are performed easily but also in the prescribed manner.