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Скачать или смотреть 116(3) Revision of Wealth Statement Barred After Five Years – Legal Clarification Explained

  • Dawars Associates
  • 2025-07-27
  • 760
116(3) Revision of Wealth Statement Barred After Five Years – Legal Clarification Explained
#FBR#taxtips#taxreturnFBRnoticeWealth StatementTax Return RevisionFBR Update
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Описание к видео 116(3) Revision of Wealth Statement Barred After Five Years – Legal Clarification Explained

Important clarification under Pakistan's income tax law:
A wealth statement cannot be revised after five years from the due date of filing the income tax return for that particular tax year. This limitation ensures finality in tax matters and prevents indefinite changes to filed records.

If you're a taxpayer or consultant, it’s crucial to know this rule to avoid complications or rejection of revisions.

For expert tax advice and compliance services, contact Dawars Associates.
#WealthStatement #FBRUpdate #TaxLawPakistan #IncomeTaxReturn #DawarsAssociates #TaxConsultant #PakistanTax #LegalUpdate #FBR #TaxAwareness #TaxCompliance #TaxReform
Welcome to Dawars Associates
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We offer comprehensive consultancy services to simplify your business compliance and help you focus on growth.

Our Expertise Includes:
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Income Tax Return Filing & Withholding Tax Submission
Active Taxpayer List (ATL) Maintenance
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Responding to FBR Notices & Tax Litigation (AC, DC, Appellate Tribunals, High Courts)
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Company Registration: Pvt Ltd, AOP, LLP, NGO, Trust, Foundation (Sec. 42)
SECP Annual Filings (Forms A, 29, 28, 45)
Share Transfers, Director Resignations, Address Changes, and Capital Increases
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Bookkeeping & Payroll Management
Preparation of Annual Financial Statements
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