All blogs are written independently by each writer .Under no circumstances khilji & co bears responsibility or necessarily agrees with the views of any authors. These blogs also do not constitute provision of legal advice or professional opinion for and on behalf of khilji & co.

SECP Notice

IMPLEMENTATION OF SECTION 72 OF THE COMPANIES ACT, 2017-CONVERSION OF PHYSICAL SHARES INTO BOOK-ENTRY FORM   Background   Section 72 of the Companies Act, 2017 (the “Act”) requires every company having share capital to have its shares in book-entry form only, from the date notified by the Commission. Further, every existing company is required to [...]

By | May 10th, 2021|News|0 Comments

PRA Information

Dear Valued Client,   Punjab Revenue Authority has issued information, wherein due Date of payment of Punjab Sales Tax and Filing of Sales Tax Returns / withholding statements for tax period April 2021 has been extended as per following:   Due Date of payment of Punjab Sales Tax and Filing of Sales Tax Returns / [...]

By | May 7th, 2021|News|0 Comments

FBR Information

Dear Valued Client,   Federal Board of Revenue has issued information, wherein due to holidays of Eid ul Fitr, date of Payment and Submission of Sales Tax and FED return for Tax period April 2021 have been extended as per following:   Payment of Sales Tax and FED:                                         May 18, 2021   Submission of Sales [...]

By | May 6th, 2021|News|0 Comments

KCO Newsletter March 2020

      KCO Newsletter March 2021

By | April 12th, 2021|News, Publications|0 Comments

FBR Circular

FBR Circular No. 05 of 2021 of March 26, 2021 Procedure for Issuance of Consumption Certificate for Import of Industrial Inputs by FATA/PATA-Domiciled Industries To implement and enforce the tax-related incentives and benefits extended by the Parliament to residents of FATA/PATA, Circular No. 9 of 2021 dated March 1, 2021, has been issued. The Circular [...]

By | March 26th, 2021|News|0 Comments

Tax Laws (Second Amendment) Ordinance, 2021

Tax Laws (Second Amendment) Ordinance, 2021.   This Ordinance promulgated on 22nd March, 2021 by the Government of Pakistan Ministry of Law and Justice through The President is hereby published for general information   2021326143316591incometax(secondamendment)ordinance,2021)ordinanceNo.VIIof2021dataed22.03.2021_compressed   It shall come into force at once.

By | March 26th, 2021|News|0 Comments

FBR Circular

Profile Extension 2021326153491545Circular14-2021  

By | March 26th, 2021|News|0 Comments

Income Tax Second Amendment Act 2021

Income Tax Second Amendment Act 2021 Proposed tax amendment law by Govt with important changes in exemption regimes particularly information technology sector which us now being brought under tax credit regime instead of tax exemption. Detailed commentary will follow soon   Finance Bill - Proposed (1)-min_compressed   KCO Commentary KCO Commentry Income Tax (Second Amendment) [...]

By | March 12th, 2021|News|0 Comments


In continuation of our regular practice, we are pleased to present and publish our Newsletter for the month of FEBRUARY 2021.   Please click on link mentioned below to access and study the KHILJI & CO, CHARTERED ACCOUNTANTS NEWSLETTER ( FEBRUARY 2021)   This Newsletter envisages following aspects:   COMMENTARY ON SUPREME COURT [...]

By | March 10th, 2021|News|0 Comments

FBR Notification

INTRODUCTION Federal Government has approved exemptions in terms of Clause 75 of Part I of Second Schedule of Income Tax Ordinance, 2001 on profit on debt income on Eurobonds and International Sukuk issued under the Government’s medium term note program through Federal Board of Revenue’s S.R.O. 268(I)2021 and S.R.O. 269(I)2021 dated March 01, 2021. COMBINED [...]

By | March 5th, 2021|News|0 Comments