Taxation Services

At Idrees Ali & Co., we simplify tax matters so you stay compliant and achieve tax efficiencies. With indepth expertise in Pakistan’s tax laws, we serve as trusted advisors to individuals, businesses, and corporations. We go beyond NTN registration or return filing to ensure every aspect of your taxation is managed with expertise and reliability.

Individual / AOP Taxation

Corporate Taxation

Indirect Taxation

Individual / AOP Taxation

Individual taxation refers to tax on income of an individual from sources such as salary, business, or property income whereas AOP taxation applies to taxability of partnership firm from the same source as mentioned above. Similar rules of law and principle apply on taxation of individual and AOP. Income of the aforesaid categories of person are either charged to income tax on net profit after certain adjustments, or on gross turnover/ receipt depends on the annual financial result.

What We Offer

Annual Return Filing.
Compliance to Tax Notices.
Filing of Appeal and Representation before Appellate Authorities.
Advice on Tax issues.
Wealth Statement Preparation and Reconciliation
Registration, Updates, and Maintenance of NTN Profiles
Withholding Tax Advisory and Compliance Support

Corporate Taxation

Corporate taxation refers to taxation of companies. A company is a separate legal entity distinct from its shareholders and is required to comply with the tax laws as a distinct person. The rule of law and principle apply on taxation of Companies varies substantially in contrast to individual and AOP. Apart from applicability of different tax rate on the Company for chargeability of income tax, every Company are by nature treated as withholding agent under the Law and are required to withheld and deposit income tax while making payment on of receipt of goods and services.

What We Offer

Indirect Taxation

Indirect taxation as applicable in Pakistan applies on the principle of Value Added Tax (VAT) whereby the person is required to pay sales tax is on the value addition made by such person on goods or services. Sales tax applicability on sale of goods anywhere in Pakistan and services within the territorial jurisdiction of Islamabad is governed under Federal Law whereas the sales tax applicability on services rendered in the provinces is wholly governed by the Province where such services are rendered.

What We Offer

Federal Sales Tax (GST) Compliance & Return Filing.
Federal Excise Duty (FED) Advisory and Compliance.
Sales Tax on Services – Federal (ICT) Compliance.
Sales Tax on Services – Provincial (Punjab, Sindh, KP, Balochistan) Compliance.
Registration, Amendments, and STRN/Profile Management.
Handling of Audit, Notices, and Assessments
Advisory on Sales Tax Applicability & Transactions

Frequently Asked Questions

Who needs to file an income tax return in Pakistan?

In Pakistan, every individual, business, or corporation meeting the prescribed income thresholds — as well as certain categories regardless of income (e.g., property owners, vehicle owners, registered businesses) — is required to file an annual income tax return. Even if you’re below the taxable limit, filing can provide financial and compliance benefits.

How can Idrees Ali & Co. help me with tax compliance?

We manage the entire compliance process for you; from preparing and filing your income and sales tax returns, to representing you before taxation authorities. Our team also handles appeals, exemption certificates, and tax matters for your employees, ensuring you remain compliant while optimizing tax savings.

What documents do I need to prepare for tax filing?

Requirement of documents for accurate and complete filing of income tax return along with wealth statement varies among legal status of a person and its occupation. However, primarily following documents are necessary;

Bank statements
Particulars of income and expenses and tax deducted thereon
Detail of addition and disposal of assets and liabilities

What are the benefits of being in a active tax-payer list?

Eligibility to purchase immovable property above certain threshold.
Edibility to purchase motor vehicle exceeding value of 7 million.
Exemption for with holding income tax on cash withdrawal from bank.
Reduced rate of with holding income tax on sale and purchase of immovable property.
Reduced rate of with holding income tax on purchase of motor vehicle, goods or services.

Built Around Your Needs

Throughout the years, our clients have consistently conveyed a singular insight: in search of more than just “filing taxes.” They want a partner who understands their larger financial context, values long-term strategy, and maintains lasting relationships. This is why we offer a comprehensive range of tax services with respect to the needs of both individuals and businesses. From proactive tax planning and advisory to managing audits, compliance challenges, and negotiations with tax authorities, our services are designed taking care of your financial interests and support sustainable growth.