The situation
Sound familiar?
You run a sole proprietorship or have business income, and you need to file your tax return. Managing business revenues, accounting for expenses, calculating tax depreciation, and reconciling your personal wealth statement under FBR laws is complicated and errors can trigger audits.
What's covered
Included in this service
- Preparation and e-filing of Business Income Tax returns (Form 114)
- Business expense calculations, depreciation schedules, and tax adjustments
- Wealth statement preparation and wealth reconciliation (Form 116)
- Adjustment of business-related withholding taxes (imports, telephone, bank, utilities)
- Active Taxpayer List (ATL) status restoration and compliance maintenance
Process
How it works, step by step
- 1
Business Data Gathering
Day 1–2Collect revenue ledgers, bank statements, asset purchases, and expense invoices.
- 2
Accounts Reconciliation
Day 3–4Reconcile sales, cost of sales, and business expenses.
- 3
Draft return & wealth
Day 5–6Prepare the draft business return and wealth statement on Iris.
- 4
Final Filing
Day 6–7E-filing on FBR portal after client sign-off and confirming ATL status.
Documents
What we'll need from you
- Business Bank statements (1st July to 30th June)
- Profit and Loss summary (Total Sales, Cost of Goods Sold, Business Expenses)
- CNIC copy
- Paid utility bills of business premises
- Tax deduction certificates on purchases / sales / utility bills
- Details of personal assets (Property, vehicles, bank balance, gold) in your name
Pricing
Fixed fee
From Rs. 10,000, depending on business turnover.
Government / regulator fees, where applicable, are quoted separately at cost.
FAQ