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).
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