Amendments in rules 37(2), 38(2) and Second Schedule to the Income Tax Rules, 2002

Government of Pakistan
Revenue Division
Federal Board of Revenue

Notification

Islamabad, the 24th October, 2022.

S.R.O. 1955(I)/2022. - In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published vide Notification No. S.R.O. 1892(I)/2022, dated the 13th day of October, 2022 as required by sub-section (3) of section 237 of the said Ordinance, namely: -

In the aforesaid Rules, -

(1) in rule 37, in sub-rule (2), for the form, the following shall be substituted, namely: -

"

Task: 143(1) (Return of Income filed voluntarily by non-resident ship owner / charterer)
Tax Year: 2022 | Due Date: 31-Dec-2022
Tabs: Data | Payment | Attachment | Verification
Tax Chargeable / Payments: Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations
Select Language: ENGLISH

";

(2) in rule 38, in sub-rule (2), for the form, the following shall be substituted, namely: -

"

Task: 144(1) (Return of Income filed voluntarily by non-resident aircraft owner / charterer)
Tax Year: 2022 | Due Date:
Tabs: Data | Payment | Attachment | Verification
Tax Chargeable / Payments: Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations
Select Language: ENGLISH

";

(3) in the Second Schedule, -

(i) in Part-II-R, under the heading "114(1) Simplified Return of Income for Retailers Having Turnover Less Than RS. 10 Million", for the Form A, the following shall be substituted, namely: -

"

Task: 114(1) (Simplified Return of Income For Retailers Having Turnover Less Than Rs 10 Million filed volunta
Tax Year: 2022 | Due Date:
Tabs: Data | Payment | Verification New
Simplified Return of Income: Computations; Tax Chargeable / Payments; 116 - Wealth Statement
Select Language: ENGLISH

";

(ii) in Part-II-S, under the heading "Return for Individuals/AOPs Having Turnover up to Rs. 50 Million", for the Form A, the following shall be substituted, namely: -

"

Task: 114(1) Individuals/ AOPs having turnover upto Rs 50 Million
Tax Year: 2022 | Due Date: 31-Oct-2022
Tabs: Data | Payment | Verification
Simplified Return of Income: Computations

"; and

(iii) in Part-II-V, under the heading "Computations", for the form, the following shall be substituted, namely: -

"

Task: 114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file
Tax Year: 2022 | Due Date:
Tabs: Data | Payment | Attribute | Verification
Employment; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments: Deductible Allowances, Tax Reductions, Tax Credits, Adjustable Tax, Final / Fixed / Minimum / Average / Relevant / Reduced Tax, Computations; 116 - Wealth Statement
Select Language: ENGLISH

".

2. This Notification shall be applicable for tax year 2022.

[F.No.1(17)R&S/2022]

(Bilal Hassan)
Secretary (Rules & SROs)