Tax Exemption on Software Export

[mirfawad]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by itprofessional</i>
<br />Hello,

I have not registered myself as a Business Person for the past 2 years and I have been accepting money for IT services from foreign clients. Now I want to declare all that income for the past 2 years and claim tax exemption, so that all of my past income is considered legal. Please advise if this is possible.

Regards,
IT Professiona

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

@ IT Professional

For this purpose you are required to fulfill the following reuirements-

1- Your receipt of money should be from proper Banking Channel.
2- You are required to revise the Income Tax Returns for the past two years.
3- From now onwards get yourself registered as business individual and obtain registration of PSEB and then open Bank account with your business name.

I hope that the above will be sufficient to satisfy your good self.

Thanks & Regards

mirfawad