Corporate Tax Notice of Demand (U/S 140)
Original price was: Rs. 25,000.Rs. 20,000Current price is: Rs. 20,000.
Required Documents:
- Copy of the Corporate Tax Notice of Demand (U/S 140)
- Recent Financial Statements (Balance Sheet and Profit & Loss Statement)
- Relevant Tax Returns and Supporting Documents
- Proof of Payment or Challan of Tax Dues
- Correspondence Related to the Notice
Instructions: Email your scanned documents and information to sales@taxasaan.pk or WhatsApp them to 03008362021.
Product Description
Meaning of the Service: The Corporate Tax Notice of Demand (U/S 140) is a formal notice issued by the tax authorities to a corporation, demanding payment of outstanding taxes. This notice is part of the legal framework to ensure compliance and rectify discrepancies in tax filings. Handling such notices promptly is crucial to avoid penalties and legal issues.
A Corporate Tax Notice of Demand under Section 140 can be issued to companies. This section is related to income tax under the Income Tax Ordinance, 2001. Section 140 authorizes tax authorities to issue a notice of demand for the payment of any outstanding tax dues. The notice is specific to corporate taxpayers and pertains to income tax matters.
Practical Use Case: This service is designed for corporations that have received a Notice of Demand from the tax authorities. Our experts assist in addressing the notice by evaluating the validity of the demand, preparing a detailed response, and ensuring compliance with tax regulations. This helps in resolving disputes and managing tax obligations effectively.
How It Works:
- Document Collection: Submit the required documents and notice details to us via email or WhatsApp.
- Review and Analysis: Our team will review the notice, assess your corporate tax records, and determine the appropriate course of action.
- Response Preparation: We prepare a comprehensive response or appeal to address the demand raised by the authorities.
- Submission and Follow-up: We handle the submission of the response and provide follow-up support to ensure that your case is resolved in a timely manner.
Timeline: The process typically takes 5-7 business days from the receipt of all necessary documents. Complex cases may require additional time, which we will communicate as needed.
Benefits:
- Expert Assistance: Receive professional help in addressing and resolving tax demands, minimizing potential penalties.
- Compliance Assurance: Ensure that your response meets all legal requirements and addresses the notice effectively.
- Peace of Mind: Reduce stress and avoid legal complications with our expert handling of tax disputes.
- Efficient Resolution: Expedite the resolution process with our organized approach and follow-up support.
Our service ensures that you handle the Corporate Tax Notice of Demand (U/S 140) efficiently, maintaining compliance and minimizing disruptions to your business operations.
