Скачать или смотреть FBR Notices on Bank Credits | Bank Deposits vs Sales | Income Tax Audit Pakistan I Part -1

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“FBR Notices on Bank Credits | Bank Deposits vs Sales | Income Tax Audit Pakistan”

“Bank Credit Balance Audit by FBR | Hidden Income? | Section 111 Explained”

“Why FBR is Comparing Your Bank Deposits with Sales | Tax Audit Alert”

“FBR Bank Statement Audit | Bank Deposits Higher Than Declared Income”

you have received an FBR notice regarding bank credit balance, or your bank deposits are higher than sales declared in your Income Tax Return, then this video is extremely important for you.

In recent years, FBR Pakistan has started using banking data, STRIPS, and CNIC-linked accounts to detect undeclared income. Thousands of taxpayers are receiving audit notices under Section 111, Section 114, and Section 122 where bank credits shown in bank statements are higher than declared business turnover or income.

This video explains in simple language:

✔ What is Bank Credit Balance
✔ Why FBR compares bank deposits with sales & receipts
✔ How undeclared income is detected
✔ What is Section 111 (Unexplained Income)
✔ What happens when bank credits exceed sales
✔ How FBR issues best judgment assessment
✔ How to respond to FBR audit notice
✔ How to reconcile bank statement with tax return
✔ How to avoid penalty and additional tax

Many taxpayers believe that cash deposits, loan receipts, or family transfers are not taxable — but FBR’s system treats every bank credit as income unless proven otherwise. If you cannot explain the source of bank deposits, FBR can treat it as concealed income and impose tax, penalty, and default surcharge.

This video is especially useful for:

🔹 Business owners
🔹 Traders & shopkeepers
🔹 Freelancers
🔹 Online sellers
🔹 Property dealers
🔹 Consultants
🔹 Salaried persons with side income
🔹 Anyone receiving FBR notices

You will also learn how to prepare a Bank Reconciliation Statement to justify:

• Loan receipts
• Capital introduced
• Family support
• Refunds
• Advance receipts
• Inter-bank transfers

and how to present it before FBR audit officer.

If you want to save yourself from heavy tax demand, watch this video till the end and understand how FBR analyzes your bank account and what you should do when bank deposits exceed declared income.

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