Order of Assessment (U/S 120)
Original price was: Rs. 25,000.Rs. 20,000Current price is: Rs. 20,000.
Documents Required:
- Copy of the Assessment Order (U/S 120): The official document issued by the tax authorities detailing the assessment.
- Tax Return Copies: Copies of the tax returns for the relevant year under assessment.
- Financial Statements: Recent financial statements, including balance sheets and profit & loss statements.
- Supporting Documentation: Any additional documents supporting your case, such as invoices, receipts, or contracts.
- Correspondence Records: Any correspondence with the tax authorities related to the assessment.
- Proof of Payments: Evidence of any tax payments made or adjustments applied.
Instructions: Email your scanned documents and information to sales@taxasaan.pk or WhatsApp them to 03008362021.
Product Description
Service Overview: The Assessment Order (U/S 120) is a crucial tax service designed to assist individuals and businesses in responding to assessment orders issued by the tax authorities. This service ensures that your tax assessments are reviewed, contested if necessary, and addressed in compliance with legal requirements. Our experts will guide you through the process, helping you understand the order and take appropriate action to protect your interests.
An Order of Assessment under Section 120 can be issued to individuals, firms, or companies. This section is related to income tax under the Income Tax Ordinance, 2001. Section 120 pertains to the final assessment of income tax returns filed by taxpayers. It involves the determination of the total tax liability based on the return and supporting documents. The order of assessment can be issued to any taxpayer, regardless of whether they are an individual, firm, or company, and it specifically relates to income tax.
How It Works:
- Document Submission: Email or WhatsApp the required documents to us. For secure transmission, use the contact methods provided.
- Initial Review: Our team will review the documents and the Assessment Order to understand the scope and nature of the issues.
- Expert Consultation: We will schedule a consultation to discuss the findings and potential actions. We will provide advice on contesting or complying with the order.
- Response Preparation: We will prepare a detailed response or appeal to the tax authorities on your behalf, ensuring all legal requirements are met.
- Submission: The response will be submitted to the relevant tax authority, and we will handle any follow-up communications.
- Resolution: We will keep you updated on the progress and resolution of the matter.
Timeline: The timeline for resolving an Assessment Order (U/S 120) varies depending on the complexity of the case and the response time from the tax authorities. Typically, the initial review and consultation can be completed within 7-10 business days. The total resolution time will be communicated after the review process.
Benefits:
- Expert Guidance: Receive professional advice on how to handle your assessment order effectively.
- Compliance Assurance: Ensure that your response meets all legal and regulatory requirements.
- Peace of Mind: Reduce the stress and confusion associated with dealing with tax authorities.
