Income tax under the Income Tax Ordinance 2001 applies to individuals, companies, associations of persons, and other entities deriving income in Pakistan. The Ordinance is supplemented by annual Finance Acts, FBR notifications, and a growing body of judicial interpretation — making it a complex, ever-evolving area of law that benefits enormously from specialist guidance. Ayesha Khalid Law Associates provides end-to-end income tax services: from preparing and filing annual returns to developing year-round tax planning strategies that legally minimise your tax liability.
For salaried individuals, we ensure that all eligible deductions — including those for pension contributions, life insurance premiums, investment in equity funds, and housing finance — are correctly claimed. For businesses, we prepare accounts in a tax-optimal manner, advise on the correct treatment of business expenses, manage withholding tax obligations, and handle the reconciliation of advance tax payments against annual liability. For companies, we coordinate seamlessly with auditors and handle FBR's increasing scrutiny of corporate returns with full technical competence.
We also specialise in income tax refund recovery — one of the most frustrating areas of FBR dealing. Taxpayers who have overpaid income tax or had excess withholding tax deducted are legally entitled to refunds, but FBR's refund processing is notoriously slow. Our lawyers know the procedural levers — including formal refund applications, refund order enforcement, and if necessary, writ petitions before the High Court — to accelerate and secure your refund. Do not leave money with FBR that rightfully belongs to you.