Unreconcile amount in Tax return (Code 703000)

Question

Salaam, Please advice, in which section of FBR tax return,  un-reconcile amount can be enter  to make it Zero. my sister has received a Iump sum amount after her retirement and large positive  figure (67 Lakh ) is coming in unreconcile section (Code 703000).

 Thanks

Answer 1

The positive unreconciled balance means that should be reconciled by removing the same amount from assets or expenses whichever might be the case.

This can also be reconciled by adding the same amount into inflows, if applicable.

It should be advised further to reach out your tax-consultant for better and customized guidance in order to properly file your tax-returns.

Comments

Thanks a lot. I got it now.