HomeAuthorAbeer Odho, Author at Legal Minds

The taxation system plays a vital role in the economic growth and development of any country. According to Black’s Law Dictionary “A charge, monetary imposed by the Government on persons, entities, transactions, or property to yield public revenue.” In Pakistan tax can only be levied through the Act of Parliament. The general classification of taxation...

  What Is Income Tax Return? Income Tax Return is a form or a statement filed by the filer stating details of income, expenses, deductible allowances, adjustable taxes, and the computation of income tax liability. In the true legal sense, the income tax return is a deemed assessment order issued to the taxpayer by the...