Question No. 2: Ali and Ali enterprise filed the return on June 30th 2019. The entity applies for the special tax year i.e. from January to December. The FBR has approved the special tax year and instructed Ali and Ali to apply for the tax return of three months. Is it correct? If not, then specify the reason.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Question No. 2: Ali and Ali enterprise filed the
return on June 30th 2019. The entity applies
for the special tax year i.e. from January to
December. The FBR has approved the special
tax year and instructed Ali and Ali to apply for
the tax return of three months. Is it correct? If
not, then specify the reason.
Course : Related to Taxation of CA
Transcribed Image Text:Question No. 2: Ali and Ali enterprise filed the return on June 30th 2019. The entity applies for the special tax year i.e. from January to December. The FBR has approved the special tax year and instructed Ali and Ali to apply for the tax return of three months. Is it correct? If not, then specify the reason. Course : Related to Taxation of CA
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