عبدالسبحان سومرو

High Court

March 2024 - Current Current

Born in a humble background in Sindh, I spent my teenage years in Karachi. My interests aremainly in Investment & finance; it's important to keep my interests separate from the work I do. I mostly work on tax matters. I have*years of experience solving problems for companies, small businesses and individuals.

Born in a humble family belonging to Sindh, I'm a hard-working person, Alhumdulillah, and I go to great lengths to ensure that my clients get adequate representation.

You have come to the right place if you are looking for a tax lawyer's services. I provide a range of assistance with complex tax matters, including defending your assessment proceedings before the Federal Board of Revenue.

• Free Consultations
• Contingent Fees

I work on a contingency basis depending on the nature of the case.

• If you are under financial constraint, subject to the availability of resources, you can opt to pay in instalments.

Legal Assistance

Muddydecade

June **** - November ****

Worked as a Legal Assistant with a California based firm.

Bachelors of Law

Dadabhoy Institute of Higher Education

**** - ****

Banking law & Taxation *.** GPA

Senior Associate

Raza & Co

November **** - Current Current

2nd Place Moot Intra Competition

DIHE

2022

Workshop on Air Quality in Karachi

American Institute of Pakistan Studies

Financial Markets

Yale

Intra-Moot Court Competition

Moot Competition

DIHE

Karachi

*-April-****

*nd Place

I received noticed under *** or *** or *** or *** What to do?

Consult your lawyer immediately and discuss all details related to your financial position; you must adequately respond within the time frame, or FBR will decide against you without your defence available on record.

I received noticed under ***(*) to file my Income Tax Return.

You should consult your Accountant/lawyer to file your return. If you're salaried, you can file your own return by logging into IRIS portal, or you can watch a tutorial on filing a salaried return. In most cases you salary tax is deducted by your employer, and you do not need to pay further tax while filing your return.

I'm Startup Business what benefits do I get in taxes?

A startup is defined under clause **A of section * of the Income Tax Ordinance. ***% tax credit is given on your startup income for the following*tax years, provided that you are duly certified as a startup by PSEB and satisfy the conditions enumerated in section **F of the Income Tax Ordinance.

I earn from youtube and other social media what's my tax rate?

Unlike freelance exports or exports of services who enjoy *.**% or *% final tax. Social media earners have to pay taxes at the normal progressive rate, with the highest slab of Rs *.* million taxed at Rs *.* million. Withholding taxes are deducted at *% of the proceeds received by banks, and the same can be adjusted with your total taxes.

What's the Cost of Becoming Filer?

The cost of filing is zero; you are charged for services and complexity in your wealth statement. Starting from ****.

Too many transaction in my bank account can I be taxed?

Yes and no, the answer to that question is not simple. If money in your bank account was credited that is not part of your income, you will not be taxed. However, FBR can and will question large credit entries which do not reconcile with your tax returns, and you must have adequate receipts to prove that the transactions do not form part of your income.

Can You Provide Legal Opinion?

Yes, a legal opinion can be provided.

Where You Are Located?

Karachi, Saddar. My contact info is available to schedule a meeting. It can be a Zoom call or a one-on-one meeting. I do not charge for consultation; however, due to constraints of time*on meeting will be charged depending on the complexity of the case at hand.