Parsonal Income Tax (PIT)

Parsonal Income Tax (PIT)

→ Applying for TIN & collecting of TIN on behalf of Client
→ Computing Hypothetical tax for depositing monthly attributable tax in case of employee or quarterly Advance
income tax in case except employee when annual total taxable income exceeds BDT 400K
→ Ensuring timely deposit of monthly attributable tax (TDS/WHT) from the salary to the GoB Treasury – within due time
→ Ensuring timely deposit of quarterly Advance income tax in case except employee when annual total taxable income exceeds BDT 400K
→ Calculating annual income Tax after 30 June of each Income Year (IY)
→ Collecting information & required documents for processing of annual Income Tax Return
→ Depositing balance amount of Tax as per tax Return to the GoB Treasury within due time
→ Collecting Acknowledgement Receipt and Tax Clearance Certificate
→ Preparing grounds of appeal (either 1st Appeal or Appellate Tribunal), as & when required, etc.

Leave a Reply

Close Menu