Service Introduction
Income Tax Return Filing is the annual declaration of income, tax deductions, assets and liabilities submitted to the Federal Board of Revenue through the IRIS portal.
TaxCare Solution assists salaried persons, freelancers, business owners and companies with document review, tax calculation, Wealth Statement preparation and electronic return filing.
Who Needs This Service?
- Salaried individuals
- Freelancers and professionals
- Sole proprietors and business owners
- Partnership firms
- Companies
- Property owners
- E-commerce sellers
- Importers and exporters
- Persons earning rental, investment or foreign income
- Persons who have received an FBR notice
Required Documents
Basic Documents
- CNIC
- NTN or FBR registration details
- Personal and business bank statements
- Withholding tax certificates
- Tax payment receipts
Salaried Persons
- Salary certificate
- Salary slips
- Employer’s withholding tax certificate
Freelancers and Professionals
- Client invoices
- Freelancing platform statements
- Foreign remittance records
- Business expense details
Business Owners
- Sales and purchase records
- Business expenses
- Bank statements
- Profit and loss details
- Stock, debtors and creditors information
Assets and Wealth Information
- Property documents
- Vehicle details
- Investments
- Bank balances
- Loans and liabilities
- Details of personal expenses
- Information about assets purchased or sold
Additional documents may be required depending on the taxpayer’s case.
Frequently Asked Questions
What is an Income Tax Return?
It is an annual declaration of income, tax and financial information submitted to FBR.
Is return filing mandatory for everyone?
No. It depends on income, assets, business activity and applicable tax law.
Can I file a return if no tax is payable?
Yes. A filing obligation may exist even when no final tax is due.
Is a Wealth Statement required?
Individuals may be required to submit a Wealth Statement showing assets, liabilities and personal expenses.
Why are bank statements required?
They help verify income, transactions, tax deductions and closing balances.
Can freelancers file an Income Tax Return?
Yes. Freelancers can file returns by declaring local or foreign income and relevant expenses.
Does filing automatically make me an active taxpayer?
Active Taxpayer List status depends on applicable filing rules and timing.
Can a filed return be revised?
A return may be revised through the prescribed FBR process, subject to legal conditions.