Kasana Law Associates ® is a Tax Advisory Consultant Firm that provides affordable tax filing services. If your corporal affairs need extensive enlisting, the form filling seems like a hectic job with numerous sections and subsections to cover. Kasana offers the best income tax services in Lahore under which our Client upload and our professional experts will examine and prepare Income Tax Return draft. Tax is an involuntary fee imposed on an individual or a corporation by the federal government. It can be local, regional, or even national. Income tax is a highly consistent form of taxation. According to the prevailing law, all Persons must file income tax every year, which comes under the liable Persons for filing Income Tax returns. The government collects Income Tax for the utilization of this fund on those works, which are the most important at that time. Kasana is one of the best income tax consultants in Lahore, assisting the clients with matters on taxation. Income tax helps out to reduce the economic disparity of any country. Tax rates and calculation techniques to calculate taxable income are always different as per the financial status of the Taxpayer. Taxpayers are of several types; some of them are as follows.

Following is a list of persons that are required to submit an Income Tax Return for a tax year under Income Tax Ordinance (2001). Check if you fall into any of these categories.

• Every registered company in Pakistan
• An individual (other than a company) who has a taxable income exceeds the minimum limit, which is Rs. 400,000/- (Four Hundred thousand Rupees only)
• A non-profit organization commonly called NPO
• A welfare institution.(NGO)
• An individual who is the owner of immovable property with a specific area (two hundred and fifty square yards or more)
• Every individual who is the owner of Motor Vehicle above 1000 CC Engine capacity.
• Every individual who has a National Tax Number
• Every individual which owner of commercial or industrial electricity connection.

• Help to avoid Penalties
• Claim Tax Refunds
• Proof of Legal Income and Address
• Helpful in Easy Loan processing from banks
• Helpful during Application of visa processing for reconciliation of income
• Carry forward losses