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+--- Thread: How & Why to File Nil Withholding Tax Statement? (/topic-how-why-to-file-nil-withholding-tax-statement--338)
How & Why to File Nil Withholding Tax Statement? - TaxationPk - 12-13-2024
How & Why to File Nil Withholding Tax Statement?
Withholding tax statements must be filed even if no tax was withheld during the period. This requirement ensures accurate reporting and helps the Federal Board of Revenue (FBR) maintain a comprehensive record of tax transactions. Penalties for Late Filing: Reduced Penalty: If the tax collected or withheld was paid on time, and the statement is […]
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