Faheem Practical Learning House

Faheem Practical Learning House

Practical Pakistan Taxation Course

Anyone interested to learn Pakistan taxation including E-Filing of both sale tax and income tax please What's App or call at 03007574731.


TUTOR & TAX CONSULTANT

Regards,
Faheem Mehboob
ACCA Member
Senior Manager Finance & Taxation MNC
12 Years + of Practical experience
1000+ Students

Cell / WhatsApp: 0092300-7574731 for further information

Пікірлер

  • @user-vo3sk8sp9l
    @user-vo3sk8sp9l4 сағат бұрын

    Excuse me sir hum na June 2024 ma house lia ha to oss capital assets ma bi report kro. And second question sir wo current market value oss ki value report kra ga?

  • @faheempracticallearning
    @faheempracticallearning3 сағат бұрын

    @@user-vo3sk8sp9l pls watch complete lecture of 7E

  • @PRIMELAWASSOCIATES
    @PRIMELAWASSOCIATES6 сағат бұрын

    7E to tab pay hota jub capital assets transfer kea jata to pay krnay ka wasy zarut nhn asay , so tax retrn file krnay sy is pay koe bar nhn ata kunkah ye to at the time of transfer collect kea jata hy.

  • @faheempracticallearning
    @faheempracticallearning3 сағат бұрын

    @PRIMELAWASSOCIATES no, as per current law, every year we need to pay, tax on property exceedingly 25M

  • @gullggeeg2141
    @gullggeeg21416 сағат бұрын

    Assalamualikum! Faheem Bhai, your videos have been really helpful and informative. Can you please make a video on how the collecting agent will generate the PSID for depositing the collected 236H into the Government Treasury ? JazakAllah

  • @faheempracticallearning
    @faheempracticallearning3 сағат бұрын

    W.salam yes sure.

  • @ARG1151
    @ARG11517 сағат бұрын

    Faheem sb abbi ager 7E ka form ma mention kr dey or kaa phir bi 1 % deposit krwana perhy ga

  • @faheempracticallearning
    @faheempracticallearning6 сағат бұрын

    @@ARG1151 yes, if eligible for tax

  • @mehrali1284
    @mehrali12847 сағат бұрын

    What about rented home?

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    Same process

  • @psopk1
    @psopk17 сағат бұрын

    Plz guide about evaluation of inhertied property in 7E. Should we repot this on ZERO value ? Plz explain

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    1) If have registry value then report on that, including transfer fee 2) Otherwise report on current value 3) Don't Report on zero, because on sale we also need to pay capital gain tax, previously as per law, if sold after six years capital gain tax, exempt, now no limit

  • @faeqiqbal5700
    @faeqiqbal57007 сағат бұрын

    بہترین معلومات ھیں لیکن آپ جس رفتار سے بول رھے ھیں ، لگتا ھے کوئی نوجوان چیتا آپ کے پیچھے لگا ھوا ھے.

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    @@faeqiqbal5700 😄, I think reasonable speed, otherwise lecture will be long, people don't have much time to listen

  • @masoodahmedkhan622
    @masoodahmedkhan6227 сағат бұрын

    Faheem sahab you mean Capital Asset form get ready and save in draft and after final decession from the Court then submit accordingly

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    @@masoodahmedkhan622 yes

  • @msdoun
    @msdoun7 сағат бұрын

    السلام علیکم! سر یہ 7E والا فارم 25ملین سے کم پراپرٹی والے بھی لازمی fill کر کے جمع کرائیں آن لائن ؟ یا ان کے لئے لازمی نہیں ہے؟

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    @@msdoun for all

  • @nailagul5651
    @nailagul56518 сағат бұрын

    Aoa Sir I've got a problem regarding filling Capital Asset. First time I entered the data and select option of one assest on owner name but system didn't save it and closed the site Now when I enter again , system says "This option can be selected one time". Now how can I enter the Capital Asset?

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    @@nailagul5651 W.salam try after some time

  • @nailagul5651
    @nailagul56516 сағат бұрын

    @@faheempracticallearning jazakAllah khair

  • @faheempracticallearning
    @faheempracticallearning6 сағат бұрын

    @@nailagul5651 👍

  • @qummersaeed
    @qummersaeed8 сағат бұрын

    Aoa... Sir if a person deriving income salary and other sources which return he will file... Salary tax return or Normal return...???

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    @@qummersaeed no difference, better to select normal

  • @imvisionhoti7198
    @imvisionhoti71989 сағат бұрын

    Sir how to treqt Committee in the return.?

  • @faheempracticallearning
    @faheempracticallearning7 сағат бұрын

    I have already explained in previous lecture

  • @aksharik9255
    @aksharik92559 сағат бұрын

    گزشتہ سال کے گوشوارے میں 7E کا فارم فل کیا گیا تھا اس میں کوئی تبدیلی نہیں ھے اور ایف بی آر کی ویلیو میں بھی تبدیلی نہیں ہوئی ھے تو گزشتہ سال والی ڈیکلریشن کافی ھے یا 2024 کے لئے دوبارہ بنانا پڑے گا

  • @faheempracticallearning
    @faheempracticallearning9 сағат бұрын

    Yes same

  • @aksharik9255
    @aksharik92559 сағат бұрын

    @@faheempracticallearning Thanks and regards

  • @MohammadImran-pc6cu
    @MohammadImran-pc6cu9 сағат бұрын

    I am non resident I am filer and I have purchased property on wife name who is also filer. Now I have to show that property in my wealth statement as “asset held on other’s name” or has to show in wife wealth statement as gift?

  • @faheempracticallearning
    @faheempracticallearning9 сағат бұрын

    Report as per ownership,

  • @MohammadImran-pc6cu
    @MohammadImran-pc6cu9 сағат бұрын

    @@faheempracticallearning if I show by ownership then I report as gift in my wealth statement?

  • @faheempracticallearning
    @faheempracticallearning9 сағат бұрын

    @@MohammadImran-pc6cu it is technical part

  • @MuhammadAkram-hz8tb
    @MuhammadAkram-hz8tb9 сағат бұрын

    7E assets less than 25 million, the person should file return without wait?

  • @faheempracticallearning
    @faheempracticallearning9 сағат бұрын

    Better to wait

  • @MuhammadAli-jd4hs
    @MuhammadAli-jd4hs10 сағат бұрын

    What about fresh filer, who registers his NTN now and file taxes? Will the person be late filer or filer?

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    Late filer

  • @MuhammadAli-jd4hs
    @MuhammadAli-jd4hs10 сағат бұрын

    What about fresh filer, who registers his NTN now and file taxes? Will the person be late filer or filer?

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    Late filer

  • @Faisalkhan-ys3xx
    @Faisalkhan-ys3xx10 сағат бұрын

    Sir ye jo back date main Filer kr rhy hain k late filer sy bachain ye karwana chahea k nai Please Reply?

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    This is illegal, after some days FBR will take action against this.

  • @Faisalkhan-ys3xx
    @Faisalkhan-ys3xx10 сағат бұрын

    @@faheempracticallearning Thank you Sir ♥️

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    @@Faisalkhan-ys3xx 👍

  • @haroonansari1235
    @haroonansari123510 сағат бұрын

    @@faheempracticallearning sir I think we can submit back date return against reply of 114(4) notice.

  • @faheempracticallearning
    @faheempracticallearning9 сағат бұрын

    @@haroonansari1235 no

  • @ch.khalilurrehman3437
    @ch.khalilurrehman343710 сағат бұрын

    بھائی میں نے 2021 میں 5 مرلہ گھر لیا اور اس میں خود رہ رہا ہوں اور اس کو پرسنل ایسٹ والے میں انٹری کیا ہوا ہے، کیا اسے اب Capital Asset والے 7ای کے فارم میں دوبارہ انٹر کرنا پڑے گا جبکہ پچھلا ڈیٹا import کرنے پر وہ پرسنل asset میں show ہو رہا ہے۔

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    Yes all types of property, houses plot also need to report, in capital assets form, as well

  • @hanifshaikh-w9u
    @hanifshaikh-w9u10 сағат бұрын

    A person show plot in 7e form 2023 cost 6500000 now in current year construction cost 5000000 how's record impact of construction cost

  • @ammadurrehman9447
    @ammadurrehman944710 сағат бұрын

    Is the7E tax paid at the time of sale is adjustable?? Also, how to enter the 7E tax paid in tax return.? Please guide

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    @@ammadurrehman9447 not adjustable

  • @ammadurrehman9447
    @ammadurrehman944710 сағат бұрын

    @@faheempracticallearning ok noted , please also advise on the second query please that is how and where to enter the 7E paid at time sale of asset in this tax return?

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    @@ammadurrehman9447 part of expenses

  • @ammadurrehman9447
    @ammadurrehman944710 сағат бұрын

    @@faheempracticallearning thanks 🙏

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    @@ammadurrehman9447 👍

  • @saahilsagheer2501
    @saahilsagheer250112 сағат бұрын

    Sir 3 ni 2 months ki expiry banti hai as per slip

  • @abdulmananqureshi9413
    @abdulmananqureshi941313 сағат бұрын

    Sir, Section 73 of Sales Tax pe b aik vedio kr dein please

  • @faheempracticallearning
    @faheempracticallearning11 сағат бұрын

    Yes sure

  • @KicknBowlArena7284
    @KicknBowlArena728413 сағат бұрын

    Salary should be taken on Accrual Basis or Receipt Basis (Cash Basis), for example if i Received my june-24 salary in July 24 should this be included in my 24 return?

  • @faheempracticallearning
    @faheempracticallearning11 сағат бұрын

    For one month no issue, take as cash basic, also check whether your employer deposit in same tax year or not, match the tax payment, with salary

  • @umermustafa9070
    @umermustafa907016 сағат бұрын

    Apna mobil no day

  • @ItsMeMoon786
    @ItsMeMoon78617 сағат бұрын

    Revised return is not getting submitted due to HS-Code issue. At the time of Normal Return submission STGO 13 was not implemented. I have tried to add local purchase but it is not showing in Annex-A. Please guide what to do?

  • @faheempracticallearning
    @faheempracticallearning11 сағат бұрын

    Check this is purchase buying issue, may be purchase not available in your tax return

  • @ItsMeMoon786
    @ItsMeMoon78610 сағат бұрын

    @@faheempracticallearning purchase is there. We have both local and import purchases in that period

  • @AhtashamSheikh
    @AhtashamSheikh18 сағат бұрын

    Is biometric compulsory for those individuals who have permanently closed the business and are filing only nill sales tax returns?

  • @faheempracticallearning
    @faheempracticallearning18 сағат бұрын

    Yes

  • @ayubahmed3312
    @ayubahmed331218 сағат бұрын

    Where are expenses?

  • @faheempracticallearning
    @faheempracticallearning11 сағат бұрын

    Personal household daily expense

  • @SAS.PISCES
    @SAS.PISCES19 сағат бұрын

    Is it applied only on commercial meters not residential? What if meter is not on landlord name or its on builder name?

  • @faheempracticallearning
    @faheempracticallearning11 сағат бұрын

    Both, if have advance income tax

  • @SAS.PISCES
    @SAS.PISCES5 сағат бұрын

    @@faheempracticallearning meter is on builder name not landlord name

  • @faheempracticallearning
    @faheempracticallearning5 сағат бұрын

    @SAS.PISCES not claimable

  • @SAS.PISCES
    @SAS.PISCES19 сағат бұрын

    Esahulat franchisee told me it's slip expiry date not biometric

  • @faheempracticallearning
    @faheempracticallearning18 сағат бұрын

    Yes, but still it confusing

  • @khubaibnazir1167
    @khubaibnazir116719 сағат бұрын

    Bohat sare technical problems han jo fbr ko smj nhe a rhe jis ne baki tax pay kr dya ha us ka hs code jo input wapis chla gya wo ak peoblem jo fbr nzar nhe a rha pyemnt hobe bad bhe koi hal nhe

  • @faheempracticallearning
    @faheempracticallearning18 сағат бұрын

    Agreed

  • @hanifshaikh-w9u
    @hanifshaikh-w9u21 сағат бұрын

    2023 assets property in wealth statement how to show in 7e form 2024 return and which amount show FBR/fair value price or market value price

  • @faheempracticallearning
    @faheempracticallearning18 сағат бұрын

    Both cost and FMV

  • @munakhan100
    @munakhan10023 сағат бұрын

    useful video

  • @faheempracticallearning
    @faheempracticallearning23 сағат бұрын

    👍

  • @malirwala
    @malirwalaКүн бұрын

    Sir, would you like to share excel sheet.. :)

  • @faheempracticallearning
    @faheempracticallearning23 сағат бұрын

    Yes sure

  • @mohsinalishaikhvlogs282
    @mohsinalishaikhvlogs282Күн бұрын

    Bhai mera petrol pump hai meri june ki return provisionl submit hogai thi per mene chek kara tw purchase invoice gayab hai show nhi horahi or na edit ka option availabel hai kia kara jay plz batay faheem sahb

  • @faheempracticallearning
    @faheempracticallearning18 сағат бұрын

    Within next week, your issue will be resolved

  • @osamaaziz3512
    @osamaaziz35125 сағат бұрын

    And for thirs schedule products returns blocked issue ?​@@faheempracticallearning

  • @mohsinalishaikhvlogs282
    @mohsinalishaikhvlogs282Күн бұрын

    Bhai mera petrol pump hai meri june ki return provisionl submit hogai thi per mene chek kara tw purchase invoice gayab hai show nhi horahi or na edit ka option availabel hai kia kara jay plz batay faheem sahb

  • @faheempracticallearning
    @faheempracticallearning17 сағат бұрын

    Within a week, it will be resolved

  • @mohsinalishaikhvlogs282
    @mohsinalishaikhvlogs282Күн бұрын

    Meri sales tax return main purchase invoice show nhi horahai provisional return submit hogai hai aj check kara tw purchase invoice nhi dikh rahi mera petrol pum hai

  • @muzamilhassan3646
    @muzamilhassan3646Күн бұрын

    is tax calculated on Net or Gross salary?

  • @faheempracticallearning
    @faheempracticallearning23 сағат бұрын

    Gross

  • @muhammadasifqadri8138
    @muhammadasifqadri8138Күн бұрын

    اسلام و علیکم! فہیم صاحب ہم اگر میٹ ایکسپورٹ کرتے ہیں تو کتنا ٹیکس دینا ہوگا۔ اس کے علاؤہ اگر ہم لائیو سٹاک خریدتے یا فروخت کرتے ہیں اس پر بھی کوئی ٹیکس عائد ہوگا یا نہیں؟ راہنمائی فرما دیں۔

  • @SidrahJameel
    @SidrahJameelКүн бұрын

    Sir Online store (sole proprietorship) ka turnover 8 million se cross kr jye aur setup residential area men ho but number of employees 6 salaries pe hon aur 10 freelancer hon Aur future men 1 commercial street men 750 sq ft ki shop men outlet open krna ho business ka to kia is condition men sales tax registration krwani hogi ya nhi?

  • @hasnainhussam2289
    @hasnainhussam2289Күн бұрын

    Why shouldn't we charge 236H on excluding amount as it is a sale amount for the supplier

  • @faheempracticallearning
    @faheempracticallearning22 сағат бұрын

    Yes technically it must be, but as per law we need to charge on gross amount

  • @hasnainhussam2289
    @hasnainhussam228920 сағат бұрын

    @@faheempracticallearning sir but it is not written anywhere in the ordinance

  • @faheempracticallearning
    @faheempracticallearning20 сағат бұрын

    @@hasnainhussam2289 read 1st like of 236H section,

  • @ARG1151
    @ARG1151Күн бұрын

    Sir hum retail or sub distributore ko sale kerty hi tou hum 236 H charge kery ka 236 G or hamara manufacture jis ka hum distributore hai woh hum se 236H 1% charge kerta hai please wht we can do

  • @saraiki2023
    @saraiki2023Күн бұрын

    My Sales Tax Return of June 2024 is in a Payable Mode despite the Supplier has also submitted his Return of June 2024 along the Difference also Paid . Issues are as under: 1- Return of June 2024 was in Draft until 31st of July 2024 2- On1st August 2024, my Return of June 2024 showed a Payable Amount Rs. 328,858 despite the fact that in the same Return i.e. June 2024 Headwise Payable shows my payments of Rs. 54,332/- 3- My supplier submitted his Return of June 2024 on 3rd of August 2024 for which my CLAIM of Rs. 274,526/- is still not available. 4- That my Total Amount of Rs. 328,858/- should make my Payable Rs. 0.00 with automatic submission of My Return of June 2024 Dear, Faheem, would you, please, guide what should be done.

  • @faheempracticallearning
    @faheempracticallearning22 сағат бұрын

    Wait some days, it will be update.

  • @malikshukat7287
    @malikshukat7287Күн бұрын

    Good information 👍 Shaukat awan advocate

  • @faheempracticallearning
    @faheempracticallearning10 сағат бұрын

    👍

  • @irfanuddinkpk
    @irfanuddinkpkКүн бұрын

    Kindly share video on topic regarding advance received from customers, it's treatment in sales tax and issuance of invoice

  • @faheempracticallearning
    @faheempracticallearning22 сағат бұрын

    Yes sure

  • @marinakanwal2495
    @marinakanwal2495Күн бұрын

    Sir 236G&H ko withholding statement 165 mn b file krna hai jese 153 ka krte hain?

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    Yes

  • @amirpk9777
    @amirpk9777Күн бұрын

    Is me withholding tax woh nahi hey

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    Yes

  • @KHAN_20244
    @KHAN_20244Күн бұрын

    I did multiple biometrics for property, vehicle and other things and expiry date is mentioned on all slips but it has no effect, its just system option of esahulat system which may be availed if needed.

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    Yes but still, it is confusing

  • @ameermurtaza3325
    @ameermurtaza3325Күн бұрын

    assalam o alikum sir main ney 2024 ki return submit ki hai ab 2023 ki submit nhi ho rahi aur ATL ka 1000 ka chalan bhi jama kara dia hi phir bhi submit nhi ho rahi plz tell solution

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    w.salam which error

  • @ameermurtaza3325
    @ameermurtaza3325Күн бұрын

    you can not submit this task.please create and submit relevant task against issued notice. yeh likha hua aa jata hai

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    @@ameermurtaza3325 check inbox you have already received notice to file tax return, select that thn file, after that it will be ok

  • @ameermurtaza3325
    @ameermurtaza3325Күн бұрын

    check kia hai waha 2022 aur 2023 ka notice tha k return submit karen

  • @hanifshaikh-w9u
    @hanifshaikh-w9uКүн бұрын

    In case loss on property how's file return

  • @faheempracticallearning
    @faheempracticallearningКүн бұрын

    same process, report the loss in other, in reconciliation of form