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)
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