Introduction

Federal Board of Revenue has issued Circular No 5 of 2018 titled as Clarification regarding Filing of various Return Forms.

Commentary

A clarification has formally been issued by FBR regarding “form of return for salaries individuals” that included only fewer fields like salary, profit on debt & other sources, however did not provide for “income from business” etc. Therefore, the attached clarification specifies the income to be shown on return form of salaried individual & main form (that includes all heads of income).

Link of Document

2018101714105054459Circular05of2018