How to File Tax Return if your Income Falls Under Final Tax Head | Step by Step Guide

#How to File Tax Return if your Income Falls Under Final Tax Head
#filetaxreturn
#taxreturn

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In this video I will explain how to file your tax return if your income falls under the final/fixed/reduced tax head. Following are some examples of some persons whose income fall under this head:
1-Commission agent
2-Doctors rendering services on contract base to a hospital
3-Faculty teachers providing services to an institute
4-Youtubers
5-Saving account holder
6-Dividend reciiver etc.

If you income falls under this head, then you have to follow the instructions describer in this video. As first of all you have to put your amount on which the tax is deducted at source in the 'Final Tax' head in specific field. After that you have to put that amount in 'Business' head in 'Other Revenue' option in 'Others' option in 'Normal Tax' column and 'Final Tax' column as well. Then you have to put an entry in 'Business Assets/Liabilities'. After this you have to put an entry in 'Wealth Statement' in 'Income subject to Final Tax' and after doing all these specifice enteries, you have to reconcile your amount by following the method that is completely described in the video.

For any further inquiries, please don't hesitate to contact me at this number: 03034373076.