Income Tax Notice of Audit (U/S 177)
Original price was: Rs. 20,000.Rs. 15,000Current price is: Rs. 15,000.
Required Documents:
- Copy of the Notice of Audit: The official notice received from the tax authorities.
- Tax Returns: Recent tax returns for the relevant period under audit.
- Supporting Financial Documents: Bank statements, financial statements, and any other documents related to the audit.
- Invoices and Receipts: Copies of invoices and receipts related to the transactions under scrutiny.
- Correspondence: Any previous correspondence with the tax authorities regarding the audit.
Instructions: Email your scanned documents and information to sales@taxasaan.pk or WhatsApp them to 03008362021.
Product Description
Meaning of the Service: The “Notice of Audit (U/S 177)” service is designed to assist clients who have received a notice from tax authorities under Section 177 of the Income Tax Ordinance, 2001. This notice typically signifies that your tax records are being scrutinized, and you need to provide additional information or clarification to the tax authorities.
An Income Tax Notice of Audit under Section 177 can be issued to individuals, firms, or companies. Section 177 of the Income Tax Ordinance, 2001, grants tax authorities the power to conduct audits of the income tax affairs of any taxpayer. This means that any taxpayer, whether an individual, firm, or company, can be subject to an audit under this section.
Practical Use Case: This service is essential for individuals and businesses who have been selected for an audit by the tax authorities. It ensures that all necessary documentation is accurately prepared and submitted in response to the audit notice, helping to avoid potential penalties or legal issues.
How It Works:
- Initial Assessment: We review the audit notice and your submitted documents to understand the scope of the audit.
- Document Preparation: Our experts assist in gathering and organizing the required documents, ensuring they meet the compliance requirements.
- Response Submission: We prepare a comprehensive response to the tax authorities and submit it on your behalf.
- Follow-Up: We handle any follow-up communications and provide updates on the status of the audit.
Timeline to Complete the Process: The process typically takes 5 to 10 business days, depending on the complexity of the audit and the completeness of the documents provided.
Benefits for the Customers:
- Expert Guidance: Receive professional assistance in preparing and submitting your response, ensuring accuracy and compliance.
- Reduced Stress: Alleviate the burden of handling audit procedures on your own.
- Minimized Risk: Reduce the risk of penalties or adverse outcomes from the audit by ensuring all requirements are met.
- Efficient Resolution: Expedite the audit process with a well-organized and timely response.
By using our “Notice of Audit (U/S 177)” service, you gain peace of mind knowing that your audit response is handled with expertise and precision.
