If you have any question regarding the amendment of Tax Law Bill you can contact us! please WhatsApp or call at 03018772514.<br /><br />Click on below WhatsApp link for further details of Regarding the tax issue your can just click the below link;<br />https://wa.me.+923018772514<br />Bill Draft;<br />"114C. Restriction on economic transactions by certain person. __ (1) Notwithstanding anything contained in any law for the time being in force, __<br />(b) any application or request by any ineligible person, to any authority responsible for registering, recording or attesting transfer of any immovable property, more then such value in aggregate in a tax year as may e notified by the Board from time to time, shall not be accepted or processed by such authority:<br />(5) For the purposes of this section, __<br />(a) "cash equivalent assets" shall be such assets as may be prescribed;<br />(b) "eligible person" shall mean a person, who has filed a return of income for the tax year immediately preceding the year of transaction mentioned in sub-section (1) and has sufficient resources in the wealth statement in case of an individual, or financial statement in case of a company of an association of persons, as the case may be, for such transaction:<br />(d) "ineligible person" shall mean a person who is not a n eligible person;<br />Income tax Includes;<br />Section-4 Tax on taxable income<br />Section-5 Tax on dividends<br />PART l<br />Section-9 Tax on taxable income<br />Section-10 Total Income<br />Section-11 Heads of income<br />PART ll<br />Section-12 Salary<br />PART lll<br />Section-15 income from property<br />PART IV<br />Section-18 Income from business<br />PART V<br />Section-37 Capital gains<br />PART Vl<br />Section-39 Income from other sources<br />PART Vll EXEMPTIONS AND TAX CONCESSIONS<br />PART Vlll LOSSES<br />PART lX DEDUCTIBLE ALLOWANCES<br />Section-60 Zakat<br />PART X TAX CREDITS<br />Chepter X<br />PROCEDURE<br />PART l RETURNS<br />Section-114 Return of Income<br />Section-114A Taxpayer's profile<br />Section-115 Persons not required to furnish a return of income<br />Section-116 Wealth statement<br />Section-147 Advance income tax<br />Section-148 Import<br />Section-149 Income from Salary<br />Section-153 Payment of goods, service and contract<br />Section-155 Income from Property<br />Section-231AA and 236P Advance tax on certain banking transection<br />Section-231B Advance tax at the time of registration of private motor vehicle<br />Section-234 Tax on motor-vehicles<br />Section-234A CNG Stations<br />Section-235A Tax collection from domestic electric bills (Electricity consumption)<br />Section-236 Tax collection from telephone users<br />Section-236B Advance tax on purchase of domestic air ticket<br />Section-236F Advance tax on cable operator and other electronic media<br />Section-236G Advance tax on sale to distributor, dealer and wholesalers<br />Section-236H Advance tax on sale to retailers<br />Section-236I Advance tax by educational institutions<br />Section-236U Advance tax on insurance premium<br />Section-236X Advance tax on Tobacco<br />Section-236Y Advance tax on remittance abroad through credit, debit or prepaid cards
