Accountancy Forum
Difference b/w Individual and AOP - Printable Version

+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4)
+--- Forum: Tax (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=8)
+--- Thread: Difference b/w Individual and AOP (/showthread.php?tid=8613)

Pages: 1 2


Difference b/w Individual and AOP - olympia - 08-21-2010

Is there any difference between Business Individual and Salaried Individual?


- Information Consultant - 08-21-2010

Yes there is a differnce between buisness individual and salaried individual


- olympia - 08-21-2010

Sub-section (3) of section 118 has been substituted to provide for change in
deadline for furnishing of annual statement of deduction of income tax from salary
to be filed by an employer of an individual, return of income trough e-portal in the
6
case of a salaried person or a statement required under sub-section (4) of section
115 of the Income Tax Ordinance, 2001 from 30th day of September after the end
of tax year to 31st day of August after the end of tax year.
<font color="limegreen">Last date for filing of income tax return in the case of individual and AOPs (30th
September) remains unchanged. Also the deadline for filing of income tax return
in the cases of the companies remains unchanged</font id="limegreen">

What does it mean that last date to file salaried individual income tax return & Wealth Statement is 31st Aug, 10 or 30th Sep, 10?


- LapTop - 08-22-2010

Ji is ka matlab hay k.........

1)Annual Statment of deduction of income tax from salary.
2)Income Tax Return of a salaried person.
3)Statment of Final Tax

in document ko file karny ki last date 31 August hay


- Safoora - 08-22-2010

i wonder why they use such a confusing language in the ordinance.. !! S


- olympia - 08-23-2010

but laptop CBR didn't upload wealth statement & reconciliation for the year 2010 till now...... what v do now


- WARDAH - 08-23-2010

AOP is short form of Apny Or Prae ..... n indivisual k liey ye gana bohat he emotional hai maira to rona nikl aaya "baqi sb sapny hotay hain hain,apny to apny hoty hain....(


- olympia - 08-23-2010

acha.......
tell me one thing apnay or prae ki return kab jani he?


- WARDAH - 08-23-2010

pta ni release hui k ni .... hogi to return pta chly ga ) ..... waisy mujhy ni lgta teen babon ki movie hit hogi.hehehehe bus topic hi emotional chir gya to mairi entry to bnti hi hai )


- olympia - 08-23-2010


AOPs, individuals FBR decides to withdraw income tax return forms
RECORDER REPORT
ISLAMABAD (August 23 2010) The Federal Board of Revenue (FBR) has decided to withdraw the proposed income tax return forms for the Association of Persons (AOPs) and individuals for the Tax Year 2010, as the taxpayers may be allowed to file the return in the old format.

However, the new income tax return form for the companies would shortly be notified. The new return form for companies would have no major change for the Tax Year 2010. It is learnt that the FBR Legal Wing as well as Direct Taxes Department had cleared the proposed return forms few weeks back without issuing the necessary notification required under the law. This makes the draft returns illegal and the same cannot be notified without the notification which allow the department to obtain comments of the stakeholders.


- LapTop - 08-23-2010

Olympia Baji,,,,,

May nay koi opinion to diya nahi , may nay to sirf matlab bataya hay aap ko us para ka,

Us k mutabak to 31 August hi hay date,, Annual Statement of deduction of income tax from salary to ap file kar sakty han par return ya statement of final tax nahi file kar sakty,,, to zahir hay FBR ko time barhana pary ga filing ka,,



- LapTop - 08-23-2010

AOP Abbreviation hay Association of Persons ka,,

AOP ki 2 types han 1 registered AOP or dosri Unregistered AOP,

Registered AOP ko Firm bhi kahty han,



- WARDAH - 08-23-2010

ain?? release ho b gai? kis kis ny daikhi? indiviual daikhi ya cenima mai Apnay or Prae k sath daikhi? kaisi thiiiiiiiii? ganay py to zaroor roe ho gy sb k sb.hai naaaa!! mujhy pta tha.


- Safoora - 08-24-2010

lol abhi exam me b is ka kuch portion release huga.. woh dekh k royengay sab aap fiker na kero P


- olympia - 08-24-2010

laptop maine kab kaha k ye ap ka opinion he. i know the meaning of this paragraph but i just want to discuss that no forms for wealth statement & reconciliation r available on CBR's website.....