by Rafaqat Ali Khan | May 4, 2020 | English Topics, Uncategorized
If these both conditions are met then applicant can recover input VAT. Invoice is received and there is intention to make payment within six months after the agreed date of payment. if the applicant has intention to make payment in next period then he has to recover...
by Rafaqat Ali Khan | May 4, 2020 | English Topics, Uncategorized
Following are the two easy steps, 1. The buyer will have to create the e-services account on FTA website The account is created by completing the sign-up process which includes the following steps Create a user name and password Verify your eservices account 2....
by Rafaqat Ali Khan | May 3, 2020 | English Topics, Uncategorized
The standard Tax Period is of three calendar months ending on the date that the FTA decided. The FTA may, at its discretion, may assign a different Tax Period other than the standard one, to a certain group of Taxable Persons. A Tax Return must be filed to the FTA no...
by Rafaqat Ali Khan | Apr 23, 2020 | English Topics, Uncategorized
Investment property is land or a building (including part of a building) or both that is: held to earn rentals or for capital appreciation not owner-occupied not used in production or supply of goods and services or for administration not held for sale in the ordinary...
by Rafaqat Ali Khan | Apr 23, 2020 | English Topics, Uncategorized
Purchase Consideration The purchase consideration is including the fair value of all interests that the acquirer may had held previously in acquired company. This includes any interest in an associate company or joint venture company, or other equity interests of the...
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