Active & Non Active Taxpayers File Income Tax Returns, Wealth & Foreign Assets Statements 2026-2027

How this book helps Taxpayers

For individual taxpayers, salaried persons, business owners, companies, and entrepreneurs, this book helps to:
✔ Understand legal obligations under Pakistan's Income Tax Laws.
✔ Become and remain an Active Taxpayer (Filer).
✔ File Income Tax Returns correctly and within prescribed timelines.
✔ Prepare Wealth Statements with confidence.
✔ Understand taxable income under different heads.
✔ Avoid common filing mistakes and unnecessary penalties.
✔ Understand notices issued by the FBR and the available legal remedies.
✔ Learn rights and responsibilities during assessments and audits.
✔ Stay compliant with the latest tax procedures and documentation requirements.

Main Chapters Covered

Chapter 1
• Nature & Scope of Taxation in Pakistan
Chapter 2
• Filing of Return of Income
• Statutory Obligations of Taxpayers
Chapter 3
• Persons Liable to Tax
• Resident & Non-Resident Status
• Computation of Income
Chapter 4
• Taxpayer Registration
• National Tax Number (NTN)
• Active Taxpayer List (ATL)
• Taxpayer Registration Requirements
Chapter 5
• Active & Non-Active Taxpayers
• Filers & Non-Filers
• Compliance Measures
• Tax Policy & Practical Issues
Chapter 6
• Return of Income
• Electronic Filing Procedures
• Required Documents
• Due Dates
• Revision of Returns
• Penalties & Prosecution
• Practical Return Filing Process
Chapter 7
• Enforcement Measures
• Restrictions on Economic Transactions
• Powers to Enforce Return Filing
Chapter 8
• Tax Year
• Normal, Special & Transitional Tax Years
Chapter 9–16
• Taxable Income
• Salary
• Property Income
• Business Income
• Capital Gains
• Income from Other Sources
• Set-Off & Carry Forward of Losses
• Group Taxation
• Taxation of Individuals, AOPs & Companies
• International Taxation
• Foreign Source Income
• Non-Resident Taxation
Chapter 17
• Wealth Statement
• Wealth Reconciliation
• Foreign Income & Assets Statement
Chapter 18
• Assessments
• Amendments
• Faceless Audit
• Revision Proceedings
Chapter 19
• Appeals before Commissioner (Appeals)
• Appellate Tribunal Inland Revenue (ATIR)
• High Court References
• Alternative Dispute Resolution (ADR)
Chapter 20–22
• Recovery of Tax
• Advance Tax
• Refunds
• Income Tax Refund Bonds
• Latest Tax Rates & Schedules

Key Features

✔ Comprehensive practical guide on Income Tax Return filing.
✔ Chapter-wise explanation of the Income Tax Ordinance, 2001.
✔ Covers taxpayer registration, ATL, wealth statements and foreign assets.
✔ Detailed guidance on assessments, audits, appeals and refunds.
✔ Practical compliance procedures with easy-to-understand explanations.
✔ Updated with the latest statutory provisions, rules and schedules.
✔ An essential desktop reference for tax professionals, corporate offices and serious taxpayers throughout Pakistan.