Tax payments in installments Commissioner of inland revenue has powers to allow payment of tax liability in installments instead of paying it at once. The tax is payable, including u/s 113 on the due date for furnishing the return of income for that year. When commissioner issues order of assessment or order of amended assessment.
Gift Conditions | Received Through Crossed Cheque / Bank Transfer | Gift Deed signed between the Parties | Both the Receiver & Sender has declared in their Tax Returns | Otherwise will be taxed & Included In ‘Income from other sources’ || The FBR will consider provision of gift from closed blood relations if received
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