Assorted

The Science of Sleep

The Science of Sleep: How to Improve Your Sleep Quality

Discover the science behind sleep and effective strategies to improve sleep quality. Learn about sleep cycles, the importance of maintaining a consistent sleep schedule, creating a relaxing bedtime routine, limiting blue light exposure, and managing stress for better overall health and well-being.

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TRIB Mehboob Hussain concealment of sales, Section 111, 122 of Income Tax Ordinance, 2001

The Hon'ble Court ruled that the tax department's treatment of sugar sales as concealment without considering the cost of sales was misdirected. The taxpayer, Mehboob Hussain, received sugar instead of cash for sugarcane supplied to a mill. The case has been remanded to the AO for a fresh decision, per 2023 SCMR 534.

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INPUT SALES TAX INADMISSIBILITY, BURDEN OF PROOF ON THE DEPARTMENT - FBR

The tribunal found significant shortcomings in the ACIR’s assessment, both in terms of factual scrutiny and legal interpretation. The ACIR's failure to adequately examine the provided evidence and its narrow understanding of section 8 led to an unjust disallowance of input tax. The tribunal underscored the broader interpretation of 'related to taxable supplies,' emphasizing that the department holds the burden of disproving the taxpayer's claims with substantial evidence. Given the insufficient reasoning and lack of material evidence in the ACIR’s order, the tribunal overturned the decision, affirming the appellant’s right to input tax adjustment.

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COMMISSIONER CAN NOT REJECT A LOWER ESTIMATE OF PAYMENT OF ADVANCE TAX, judgment by the High Court of Sindh

A brief update on a judgment by the High Court of Sindh on “Commissioner Cannot Reject a Lower Estimate of Payment of Advance Tax” is being shared with you for your knowledge.

The order has been attached herewith the update. This update is in line with the efforts undertaken by KBTA “CASE LAW UPDATE COMMITTEE” to apprise our Bar members with important court decisions.

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Source must be explained: Remittances exceeding Rs5m not added to taxable income: FBR

The FBR's 2019 circular outlines that foreign remittances over Rs 5M need to be explainable to avoid additional taxes. It details compliance measures for offshore assets, including penalties and prosecution for evasion. The Finance Act, 2019 also empowers FBR to freeze domestic assets of evaders.

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The appellate tribunal case, STA No. 251/MB/2024

The appellate tribunal case, STA No. 251/MB/2024, involves appellant challenging the suspension of their Sales Tax Registration by the Commissioner Inland Revenue (CIR), Multan Zone. The appellant's primary contention, represented by advocates Muhammad Imran Ghazi and Muhammad Naseer-ud-Deen Hamayoun, is that the CIR Multan Zone lacked jurisdiction over them, as their jurisdiction falls under the CIR Dera Ghazi Khan Zone, according to the Jurisdictional Notification dated 09.01.2024.

Tax Adjustment Issues

Tax Adjustment Issues: FTO Directives

LAHORE: District Accounts Offices (DAOs) have informed the Federal Tax Ombudsman (FTO) that the FBR field formations have never issued any guidelines or instructions regarding the adjustment of taxes withheld from salaried individuals

How to Post on Craigslist

How to Post on Craigslist: A Step-by-Step Guide to Listing Your Items

Discover how to post on Craigslist with our comprehensive guide. Follow step-by-step instructions to create listings for items, services, or jobs. Learn about selecting categories, filling out posting details, and managing your ads effectively on this widely-used classifieds platform.

Innovative Blog Ideas

Innovative Blog Ideas Organized by Topic

Explore a variety of blog ideas categorized by topics like Business, Finance, Innovation, Style, and more. Each category offers unique content suggestions, from personal stories and expert interviews to product reviews and practical guides, ensuring engaging and diverse content for any niche.

Dropshipping from Walmart to eBay

Dropshipping from Walmart to eBay: A Comprehensive Guide

Discover how to successfully dropship from Walmart to eBay, including product research, setting up your eBay store, and managing orders efficiently.

Beyond Hard Work

Beyond Hard Work: Why Some People Earn More Money Than Others

This article explores why some people earn more than others despite working hard. Key factors include education, industry, experience, networking, geographic location, negotiation skills, risk-taking, and systemic issues like gender and discrimination. Understanding these can help boost earning potential.

Ending Things Gracefully

Effective Strategies for Ending Things Gracefully

Endings are part of life, and handling them gracefully is essential. This article explores effective strategies such as honesty, empathy, choosing the right time and place, providing closure, managing emotions, offering support, and reflecting on the experience to ensure positive and respectful conclusions.

Life's Priceless Treasures

Life's Priceless Treasures: What Money Can't Buy

In a world focused on material wealth, the true treasures of life—love, happiness, time, health, integrity, and wisdom—are priceless and cannot be bought. These intangibles define our existence and bring fulfillment, emphasizing the importance of cherishing what truly matters

Acts of Genius

Acts of Genius: When Someone's Actions Made You Think They Were Really Smart

Throughout history, certain individuals have displayed remarkable intelligence through their actions. These acts of genius highlight the incredible capabilities of the human mind. From innovative problem-solving and mastery of multiple disciplines to rapid learning and creative thinking, these examples inspire and awe.

Hard-Working People

Why Do Hard-Working People Remain Poor?

Despite hard work, many people remain poor due to low wages, lack of education, high living costs, debt, financial illiteracy, economic inequality, unstable jobs, health issues, limited social mobility, and insufficient social support. Addressing these factors is essential for breaking the cycle of poverty.

Rainy Season Safety

Rainy Season Safety: 10 Must-Follow Tips

The rainy season brings much-needed relief from the scorching heat, but it also presents various challenges and hazards. To ensure your safety and well-being during this time, follow these 10 essential tips

Online Surveys

Online Surveys: Earn Extra Cash

Participating in online surveys is a simple and accessible way to earn extra cash. Companies and market research firms are constantly seeking consumer opinions to improve their products and services. By sharing your thoughts, you can earn money, gift cards, or other rewards. Here’s a comprehensive guide to online surveys

Freelancing

Freelancing: Earn Extra Cash

Freelancing involves offering your skills and services to clients on a project basis, without being committed to a single employer long-term

Online Banking

Online Banking: Everything You Need to Know

Online banking has revolutionized the way we manage our finances. With just a few clicks, you can transfer money, pay bills, and check your account balance from anywhere in the world. This guide covers everything you need to know about online banking.

Dehydration

Understanding Dehydration: Recognizing the Signs and Symptoms

Parchedness happens when your body loses a bigger number of liquids than it takes in, which can ruin the body's ordinary capabilities. Water is crucial for keeping up with temperature, greasing up joints, and eliminating waste. At the point when you don't get enough, it can prompt different medical problems. Perceiving the early indications of drying out can forestall serious intricacies. This article digs into the signs, side effects, causes, and counteraction of drying out