Return filing Flashcards

1
Q

Dates? for Ind/Co

A

Individual - Immediately next 30 Sep (TY ends on 30 June, return after 3 Months)
Co. -
TY (jan-jun) 31 Dec (e.g in six months)
TY (jul-dec) 30 Sep (e.g in nine months)

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2
Q

How many types of TYs

What is short-cut to denote year for NY & Sp Y

A

5

  • Normal
  • Special - denoted by NY end
  • Transitional - denoted by NY end
  • TY of person about to leave Pakistan (S145)
  • TY of discontinued business (S117)

Denoting (any TY/Normal or Sp)

Jan to June - same calendar year
Jul to Dec - Next Calendar year

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