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|| Arms License || How much Tax will apply on Arms License in 2023 || How to pay Tax for Filer ||
In this video I have discussed the topic of arms license and tax ration apply on arms license in 2023.
peoples are much confused about tax returns, taxable income, how to file tax return and how to show tax chargeability in tax return for Arms license in 2022-23.
I make this confusion very clear in easy wording step by step
1) First you have to make NTN
2)Tax Returns
3)National bank 1000 RS challan
Then you have to decide which license you want to make like prohibited bore or non-prohibited bore.
Then you have to make your annual income as fees needed for concerned license and pay this fees on challan into national bank of Pakistan. After paying fees you to declare into your return as well in tax chargeability tab.
Then attach your return as well as NTN certificate along with ATL Certificate with others required documents for Arms license.
You have to pay 50000/RS- For non-prohibited bore and 100000/RS-
(Tax Consultant)
I'm Raja Tansar CEO & Founder of The Tax Experts & Law firm
We are providing services regarding Taxes & Corporate matters.
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