Are you an NTN holder residing in Azad Jammu & Kashmir (AJK)? If you have a salary, business income, or own property, filing your annual tax return with the AJK Inland Revenue Department (AJKIRD) is crucial. Here’s a comprehensive guide to ensure you meet the deadline and comply with regulations.

Who Needs to File?

• Any individual with an NTN (National Tax Number) residing in AJK.
• Individuals with salary income, business income, or property ownership.

Filing Deadlines and Methods:

• Deadline: September 30th of each year.
• Filing Methods:
  
  • Manual: Submit paper forms at designated AJKIRD offices.
  • Online: Use the IRIS online portal for convenient and secure filing.

Tax Payment:

• Payment Options:
  
  • Pay taxes due at the time of filing.
  • Already deducted at source through withholding tax.
• Ensure timely payment to avoid penalties and legal consequences.

Required Documents:

• For Salary Income:
  
  • Bank statements reflecting salary credits.
  • Salary slips or income proofs.
• For Business Income:
  
  • Business financial statements (including income and expense records).
  • Investment statements.
• For Property Ownership:
  
  • Property ownership documents.
  • Details of any rental income received.
• Additional Documents:
  
  • Statements for any other assets held in your name.
  • Details of any gifts received.

Remember:

• Filing accurate and timely tax returns is your civic duty and ensures fair contribution to AJK’s development.
• Consult a tax advisor for personalized guidance, especially if your income or assets are complex.
• Stay updated on any changes to AJKIRD regulations and deadlines.

Additional Tips:

• Start gathering your documents well before the deadline to avoid last-minute stress.
• Utilize the online filing option for its convenience and efficiency.
• Keep copies of all filed documents and payment receipts for your records.

By following these guidelines and fulfilling your tax obligations, you can contribute to a more transparent and equitable financial system in AJK. Remember, timely and accurate tax filing benefits both individuals and the community as a whole.