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Draft Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2021

SRO 730(I)/2021Return formsDraft

SRO 730(I)/2021 is an Income Tax SRO dated 11 June 2021, listed by FBR as "Draft Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2021".

FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.

Page 1

GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE

Islamabad, the 11th June, 2021.

NOTIFICATION
(Income Tax)

S.R.O. 730(I)/2021.- The following draft of certain further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to make in exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for information of all persons likely to be affected thereby and, as required by sub-section (3) of said section, notice is hereby given that objection or suggestions thereon, if any, may for consideration of the Federal Board of Revenue be sent within seven days of publication of the draft in the official Gazette. Objections or suggestions, which may be received from any person in respect of the said draft, before the expiry of the aforesaid period, shall be considered by the Federal Board of Revenue, namely:-

DRAFT AMENDMENTS

In the aforesaid Rules, in the Second Schedule, after Part-II-S, the following new Part-II-T shall be added, namely:-

Page 2

"Part-II-T

Electronic Return for Salaried Person

Task: 114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file salary return)
Name:
Period: 01-Jul-2020 - 30-Jun-2021
Tax Year: 2021
Valid Upto:
Due Date: 30-Sep-2021
Document Date:
Transaction Date:
Registration Number:
Submission Date: *

Employment > Salary

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income from Salary 1000
Pay, Wages or Other Remuneration (including Arrears of Salary) 1009
Allowances (including Flying / Submarine Allowance) 1049
Expenditure Reimbursement 1059
Value of Perquisites (including Transport Monetization for Government Servants) 1089
Profits in Lieu of or in Addition to Pay, Wages or Other Remuneration (including Employment Termination Benefits) 1099

Other Sources > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Other Sources 5000
Receipts from Other Sources 5029
Yield on Behbood Certificates / Pensioner's Benefit Account / Shuhada Family Benefit Account 5003041
Profit on Debt (Interest, Yield, etc) 5003
Profit on Debt (if amount u/s 7B exceeds 36 million) 500312
Other Receipts 5028
Annuity / Pension 5007

Foreign Sources / Agriculture > Foreign Sources

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Foreign Income 6000

Page 3

Foreign Sources / Agriculture > Agriculture

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Agriculture Income 6100

Tax Chargeable / Payments > Deductible Allowances

Description Code Total Inadmissible Admissible Action
Deductible Allowances 9009
Zakat u/s 60 9001
Profit on Debt etc. u/s 60C 9007
Educational Expenses u/s 60D 9008
No. of Childern for whom tution fee is paid 900801
Charitable Donations u/c 61, Part I, 2nd Schedule 9004

Tax Chargeable / Payments > Tax Reductions

Description Code Total Amount Tax Chargeable Tax Reducted Action
Tax Reductions 9309
Tax Reduction for Full Time Teacher / Researcher (Except teachers of medical professions who derive income from private medical practice) 9302
Tax Reduction on Tax Charged on Behbood Certificates / Pensioner's Benefit Account in excess of applicable rate 930101

Page 4

Tax Chargeable / Payments > Tax Credits

Description Code Eligible Amount Ineligible Amount Tax Credit Action
Tax Credits 9329
Tax Credit for Charitable Donations u/s 61 9311
Tax Credit for Charitable Donations u/s 61 where the donation is made to associate 9331
Tax Credit for Investment in Shares, Sukkuks and Life Insurance Premium u/s 62 9312
Tax Credit for Investment in Health Insurance u/s 62A 93121
Tax Credit for Contribution to Approved Pension Fund u/s 63 9313
Tax Credit u/s 103 9320
Surrender of Tax Credit on Investments in Shares disposed off before time limit 9328
Tax Credit for persons employing fresh graduates u/s 64C (where strength of freshly qualified graduates employed does not exceed 15% of total number of employees) 9327

Page 5

Tax Chargeable / Payments > Adjustable Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Adjustable Tax 640000
Salary of Employees u/s 149 64020004
Directorship Fee u/s 149(3) 64020005
Tax Withheld u/s 151 (if amount u/s 7B exceeds 36 million) 64040005
Cash Withdrawal from Bank u/s 231A 64100101 +
Certain Banking Transactions u/s 231AA 64100201 +
Motor Vehicle Registration Fee u/s 231B(1) 64100301 +
Motor Vehicle Transfer Fee u/s 231B(2) 64100302 +
Motor Vehicle Sale u/s 231B(3) 64100303 +
Motor Vehicle Leasing u/s 231B(1A) (Non-ATL) @4% 64100304 +
Goods Transport Public Vehicle Tax u/s 234 64130001 +
Private Vehicle Tax u/s 234 64130003 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +
Prepaid Telephone Card u/s 236(1)(b) 64150003 +
Phone Unit u/s 236(1)(c) 64150004 +
Internet Bill u/s 236(1)(d) 64150005 +
Purchase by Auction u/s 236A (including renewal of license) 64150101
Domestic Air Ticket Charges u/s 236B 64150201
Sale / Transfer of Immovable Property u/s 236C 64150301
Tax Deducted u/s 236C where property purchased & sold within Tax Year 64150302
Tax Deducted u/s 236C where property purchased prior to current Tax Year 64150303
Educational Institution Fee u/s 236I 64150901
Purchase / Transfer of Immovable Property u/s 236K 64151101
Purchase of International Air Ticket u/s 236L 64151201
Banking transactions otherwise than through cash u/s 236P 64151501
Advance tax on On-Money u/s 231B(2A) 64010033
Persons remitting amount abroad through credit / debits / prepaid cards u/s 236Y 64151905

Page 6

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Final / Fixed / Minimum / Average / Relevant / Reduced Tax 640001
Dividend u/s 150 @7.5% 64030052
Dividend u/s 150 @15% 64030055
Prize on Prize Bond u/s 156 64090051
Winnings from Crossword Puzzle u/s 156 64090052
Winnings from Raffle u/s 156 64090053
Winnings from Lottery u/s 156 64090054
Winnings from Quiz u/s 156 64090055
Advance tax on registering or attesting transfer of immovable property u/s 236W 64151951
Profit on debt u/s 7B (amount not exceeding 36 million) 64310056 +
Transport Monetization for Government Servants (after deduction of drivers salary) u/c (27), Part II, 2nd Schedule 64210051
Flying / Submarine Allowance (not exceeding basic pay) u/c (1), Part III, 2nd Schedule 64210052
Allowance to Pilots (exceeding basic pay) u/c (1AA), Part III, 2nd Schedule 64210053
Average Rate of tax for Calculation of employment termination benefits (0% To 100%) 6421005401
Employment Termination Benefits u/s 12(6) Chargeable to Tax at Average Rate 64210054
Average Rate of tax for Calculation of salary arrears (0% To 100%) 6421005601
Salary Arrears u/s 12(7) Chargeable to Tax at Relevant Rate 64210056

Tax Chargeable / Payments > Computations

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income from Salary 1000
Income / (Loss) from Other Sources 5000
Foreign Income 6000
Agriculture Income 6100
Total Income 9000
Deductible Allowances 9009
Taxable Income 9100
Tax Chargeable 9200
Normal Income Tax 920000
Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax 920100
Tax Reductions 9309
Tax Credits 9329
Difference of Minimum Tax Chargeable u/s 236C (2)(Proviso) 923189
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Withholding Income Tax 9201
Advance Income Tax 9202
Advance Income Tax u/s 147(A) 92022
Admitted Income Tax 9203
Demanded Income Tax 9204
Refundable Income Tax 9210

Page 7

116 - Wealth Statement > Personal Expenses

Description Code Amount Action
Personal Expenses 7089
Rent 7051
Rates / Taxes / Charge / Cess 7052
Vehicle Running / Maintenence 7055
Travelling 7056
Electricity 7058
Water 7059
Gas 7060
Telephone 7061
Asset Insurance / Security 7066
Medical 7070
Educational 7071
Club 7072
Functions / Gatherings 7073
Donation, Zakat, Annuity, Profit on Debt, Life Insurance Premium, etc 7076
Other Personal / Household Expenses 7087
Contribution in Expenses by Family Members 7088

Page 8

116 - Wealth Statement > Personal Assets / Liabilities

Description Code Amount Action
Agricultural Property 7001 +
Commercial, Industrial, Residential Property (Non-Business) 7002 +
Business Capital 7003 +
Equipment (Non-Business) 7004
Animal (Non-Business) 7005
Investment (Non-Business) (Account / Annuity / Bond / Certificate / Debenture / Deposit / Fund / Instrument / Policy / Share / Stock / Unit, etc.) 7006 +
Debt (Non-Business) (Advance / Debt / Deposit / Prepayment / Receivable / Security) 7007 +
Motor Vehicle (Non-Business) 7008 +
Precious Possession 7009 +
Household Effect 7010
Personal Item 7011
Cash (Non-Business) 7012
Any Other Asset 7013 +
Assets in Others' Name 7014 +
Total Assets inside Pakistan 7015
Assets held outside Pakistan 7016 +
Capital or voting rights in foreign company 7018 +
Total Assets held outside pakistan 7020
Total Assets 7019
Credit (Non-Business) (Advance / Borrowing / Credit / Deposit / Loan / Mortgage / Overdraft / Payable) 7021 +
Total Liabilities 7029

Page 9

116 - Wealth Statement > Reconciliation of Net Assets

Description Code Amount Action
Net Assets Current Year 703001
Net Assets Previous Year 703002
Increase / Decrease in Assets 703003
Inflows 7049
Income Declared as per Return for the year subject to Normal Tax 7031
Income Declared as per Return for the year Exempt from Tax 7032
Income Attributable to Receipts, etc. Declared as per Return for the year subject to Final / Fixed Tax 7033
Adjustments in Income Declared as per Return for the year 7034
Foreign Remittance 7035
Inheritance 7036
Gift 7037
Gain on Disposal of Assets, excluding Capital Gain on Immovable Property 7038
Others 7048
Outflows 7099
Personal Expenses 7089
Gift 7091
Loss on Disposal of Assets 7092
Others 7098
Unreconciled Amount 703000
Assets Transferred / Sold / Gifted / Donated during the year 703004

Payment

CPR No. Date Amount Code Description Amount Tax Year
No records found

Head Wise Summary

Head of Account Account
No records found.

Attribute

Attributes Value Action
Residence Status

Verification

I, ____, CNIC No ____, as Self / Member of Association of Persons / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge & belief the information given in this Return / Statement is correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Verify Pin

Page 10

Electronic Return for AOPs

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name:
Period: 01-Jul-2020 - 30-Jun-2021
Tax Year: 2021
Valid Upto:
Due Date: 30-Sep-2021
Document Date:
Transaction Date:
Registration Number:
Submission Date: *

Tabs: Data, Amortization, Depreciation, Minimum Tax, Option out of PTR, Payment, Company Director, Attachment, Attribute, Verification

Property > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Property 2000
Total Receipts from Property 2029
Rent Received or Receivable 2001
1/10th of amount not adjustable against Rent 2002
Forfeited Deposit under a Contract for Sale of Property 2003
Recovery of Unpaid Irrecoverable Rent allowed as deduction 2004
Unpaid Liabilities exceeding three Years 2005
Total Deductions from Property 2099
1/5th of Rent of Building for Repairs 2031
Insurance Premium 2032
Local Rate / Tax / Charge / Cess 2033
Ground Rent 2034
Profit on Capital borrowed for Investment in Property 2035
Share in Rental Income Paid to HBFC / Banks 2036
Rent Collection Expenditure 2037
Legal Service Charges 2038
Amount claimed as Irrecoverable Rent 2039
Payment of Liabilities treated as Income 2097
Other Deductions against Rent 2098

Page 11

Business > Manufacturing / Trading Items

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business 3000
Net Revenue (excluding Sales Tax, Federal Excise, Brokerage, Commission, Discount, Freight Outward) 3029
Gross Revenue (excluding Sales Tax, Federal Excise) 3009
Selling Expenses (Freight Outward, Brokerage, Commission, Discount, etc.) 3019
Cost of Sales / Services 3030
Opening Stock 3039
Net Purchases (excluding Sales Tax, Federal Excise) 3059
Salaries / Wages 3071
Fuel 3072
Power 3073
Gas 3074
Stores / Spares 3076
Repair / Maintenance 3077
Other Direct Expenses 3083
Accounting Amortization 3087
Accounting Depreciation 3088
Closing Stock 3099
Gross Profit / (Loss) 3100

Business > Other Revenues

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Other Revenues 3129
Fee for Technical / Professional Services 3101
Accounting Gain on Sale of Intangibles 3115
Accounting Gain on Sale of Assets 3116
Others 3128
Gain by builder/developer in excess of 10 times of tax liability under Rule 6 of Eleventh Schedule 3123

Page 12

Business > Management, Administrative, Selling & Financial Expenses

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Management, Administrative, Selling & Financial Expenses 3199
Rent 3151
Rates / Taxes / Cess 3152
Salaries / Wages / Perquisites / Benefits 3154
Traveling / Conveyance / Vehicles Running / Maintenance 3155
Electricity / Water / Gas 3158
Communication 3162
Repair / Maintenance 3165
Stationery / Printing / Photocopies / Office Supplies 3166
Advertisement / Publicity / Promotion 3168
Insurance 3170
Professional Charges 3171
Profit on Debt (Financial Charges / Markup / Interest) 3172
Donation / Charity 3174
Brokerage / Commission 3178
Other Indirect Expenses 3180
Irrecoverable Debts Written off 3186
Obsolete Stocks / Stores / Spares / Fixed Assets Written off 3187
Accounting (Loss) on Sale of Intangibles 3195
Accounting (Loss) on Sale of Assets 3196
Accounting Amortization 3197
Accounting Depreciation 3198
Accounting Profit / (Loss) 3200

Business > Inadmissible / Admissible Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Inadmissible Deductions 3239
Add Backs u/s 29(2) Provision for Doubtful Debts 3201
Add Backs Provision for Obsolete Stocks / Stores / Spares / Fixed Assets 3202
Add Backs Provision for Diminution in Value of Investment 3203
Add Backs u/s 21(i) Provision for Reserves / Funds / Amount carried to Reserves / Funds or Capitalized 3204
Add Backs u/s 21(a) Cess / Rate / Tax levied on Profits / Gains 3205
Add Backs u/s 21(b) Amount of Tax Deducted at Source 3206
Add Backs u/s 21(c) Payments liable to Deduction of Tax at Source but Tax not Deducted / Paid 3207
Add Backs u/s 21(d) Entertainment Expenditure above prescribed limit 3208
Add Backs u/s 21(e) Contributions to Unrecognized / Unapproved Funds 3209
Add Backs u/s 21(f) Contributions to Funds not under effective arrangement for deduction of Tax at source 3210
Add Backs u/s 21(g) Fine / Penalty for violation of any law / rule / regulation 3211
Add Backs u/s 21(h) Personal Expenditure 3212
Add Backs u/s 21(j) Profit on Debt / brokerage / Commission / salary / remuneration Paid by an AOP to its member 3213

Page 13

Business > Inadmissible / Admissible Deductions (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Add Backs u/s 21(l) Expenditure under a single Account head exceeding prescribed amount not paid through prescribed mode 3215
Add Backs u/s 21(m) Salary exceeding prescribed amount not paid through prescribed mode 3216
Add Backs u/s 21(n) Capital Expenditure 3217
Add Backs u/s 67(1) Expenditure attributable to Non-Business Income 3218
Add Backs u/s 34(5) Liabilities allowed Previously as deduction not Paid within three Years 3219
Add Backs u/s 21(o) Sales promotion, advertisement and publicity expenses of pharmaceutical manufacturers exceeding prescribed limit 3224
Add Backs Tax Gain on Sale of Intangibles 3225
Add Backs Tax Gain on Sale of Assets 3226
Add Backs u/s 21(p) Utility Bills exceeding prescribed amount not paid through prescribed mode 322902
Add Backs u/s 21(q) Expenditure attributable to sale to person required to be registered under Sales Tax but not registered 322903
Add Backs u/s 28(1)(b) Lease Rental not admissible on account of cost of Passenger transport vehicle exceeding 2.5 Million Rupees 322901
Add backs u/s 21(ca) Commission in excess of 0.2% of gross amount of supplies to a person not appearing in ATL in Third Schedule of Sales Tax Act 3227
Deduction on profit on debit inadmissible u/s 106A 322904
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
7.50% of sales dealers of products listed in the 3rd Sch to the Sales Tax Act, 1990 who are not registered under the STA 1990 and not appearing in the active taxpayers' list under the ITO 2001 3231
Other Inadmissible Deductions 3234
Add Backs Accounting (Loss) on Sale of Intangibles 3235
Add Backs Accounting (Loss) on Sale of Assets 3236
Add Backs Accounting Amortization 3237
Add Backs Accounting Depreciation 3238
Admissible Deductions 3259
Accounting Gain on Sale of Intangibles 3245
Accounting Gain on Sale of Assets 3246
Tax Amortization for Current Year 3247
Tax Depreciation / Initial Allowance for Current Year 3248
Pre-Commencement Expenditure / Deferred Cost 3250
Other Admissible Deductions 3254
Tax (Loss) on Sale of Intangibles 3255
Tax (Loss) on Sale of Assets 3256
Unabsorbed Tax Amortization for Previous Years 3257
Unabsorbed Tax Depreciation for Previous Years 3258

Page 14

Business > Adjustments

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business before adjustment of Admissible Depreciation / Initial Allowance / Amortization for current / previous years 3270
Unadjusted (Loss) from Business for 2015 327015
Unadjusted (Loss) from Business for 2016 327016
Unadjusted (Loss) from Business for 2017 327017
Unadjusted (Loss) from Business for 2018 327018
Unadjusted (Loss) from Business for 2019 327019
Unadjusted (Loss) from Business for 2020 327020

Business > Business Assets / Equity / Liabilities

Description Code Amount Action
Total Assets 3349
Land 3301
Building (all types) 3302
Plant / Machinery / Equipment / Furniture (including fittings) 3303
Advances / Deposits / Prepayments 3312
Stocks / Stores / Spares 3315
Cash / Cash Equivalents 3319
Other Assets 3348
Total Equity / Liabilities 3399
Capital 3352
Long Term Borrowings / Debt / Loan 3371
Trade Creditors / Payables 3384
Other Liabilities 3398

Capital Assets > Capital Gains / (Loss)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Gains / (Loss) from Capital Assets 4000

Page 15

Capital Assets > Long Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Securities held Long Term 4006
Cost of Acquisition of Securities including Ancillary Expenses held Long Term 4016
Net Gain / (Loss) on Securities held long term 4017

Capital Assets > Short Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Securities held Short Term 4026
Cost of Acquisition of Securities including Ancillary Expenses held Short Term 4036
Net Gain / (Loss) on Securities held Short Term 4037

Other Sources > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Other Sources 5000
Receipts from Other Sources 5029
Royalty 5002
Profit on Debt (Interest, Yield, etc) 5003
Profit on Debt (if amount u/s 7B exceeds 36 million) 500312
Loan, Advance, Deposit or Gift received in Cash 5016
Other Receipts 5028
Ground Rent 5004
Rent from sub lease of Land or Building 5005
Rent from lease of Building with Plant and Machinery 5006
Annuity / Pension 5007
Deductions from Other Sources 5089
Other Deductions 5088

Page 16

Foreign Sources / Agriculture > Foreign Sources

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Foreign Income 6000
Foreign Property Income / (Loss) 6029
Foreign Business Income / (Loss) 6039
Foreign Capital Gains / (Loss) 6049
Foreign Other Sources Income / (Loss) 6059

Foreign Sources / Agriculture > Agriculture

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Agriculture Income 6100
Agricultural Income Tax Paid to Province(s) 9291

Tax Chargeable / Payments > Deductible Allowances

Description Code Total Inadmissible Admissible Action
Deductible Allowances 9009
Workers Welfare Fund u/s 60A 9002
Charitable Donations u/c 61, Part I, 2nd Schedule 9004

Page 17

Tax Chargeable / Payments > Tax Reductions

Description Code Total Amount Tax Chargeable Tax Reducted Action
Tax Reductions 9309
Tax Reduction for Foreign film makers 9305

Tax Chargeable / Payments > Tax Credits

Description Code Eligible Amount Ineligible Amount Tax Credit Action
Tax Credits 9329
Tax Credit for Charitable Donations u/s 61 9311
Tax Credit for Charitable Donations u/s 61 where the donation is made to associate 9331
Tax Credit for Investment in Shares, Sukkuks and Life Insurance Premium u/s 62 9312
Tax Credit for Investment in Health Insurance u/s 62A 93121
Tax Credit u/s 103 9320
Tax Credit for Trust / Welfare Institution / Non-Profit Organization u/s 100C 9323
Surrender of Tax Credit on Investments in Shares disposed off before time limit 9328
Tax Credit for persons employing fresh graduates u/s 64C (where strength of freshly qualified graduates employed does not exceed 15% of total number of employees) 9327

Page 18

Tax Chargeable / Payments > Adjustable Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Adjustable Tax 640000
Import u/s 148 @1% 64010002
Import u/s 148 @2% 64010004
Import u/s 148 @3% 64010006
Import u/s 148 @4% 64010008
Import u/s 148 @4.5% 64010009
Import u/s 148 @5.5% 64010011
Import u/s 148 @6% 64010012
Tax Withheld u/s 151 (if amount u/s 7B exceeds 36 million) 64040005
Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident u/s 152(2) 64050007
Profit on Debt to a Non-Resident u/s 152(2) 64050008 +
Payment for Goods to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule 64050009
Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule 64050012
Payment for Goods u/s 153(1)(a) @1% 64060002
Payment for Goods u/s 153(1)(a) @1.5% 64060003
Payment for Goods u/s 153(1)(a) @2.5% 64060005
Payment for Goods u/s 153(1)(a) @4.5% 64060009
Payment for Services u/s 153(1)(b) @8% u/c (42) of Part IV of Second Schedule 64060116
Payment of Royalty to Resident Persons u/s 153B @ 15% 64060232
Rent of Property u/s 155 64080001 +
Cash Withdrawal from Bank u/s 231A 64100101 +
Certain Banking Transactions u/s 231AA 64100201 +
Motor Vehicle Registration Fee u/s 231B(1) 64100301 +
Motor Vehicle Transfer Fee u/s 231B(2) 64100302 +
Motor Vehicle Sale u/s 231B(3) 64100303 +
Motor Vehicle Leasing u/s 231B(1A) (Non-ATL) @4% 64100304 +
Margin Financing, Margin Trading or Securities Lending u/s 233AA 64120201
Goods Transport Public Vehicle Tax u/s 234 64130001 +
Passenger Transport Public Vehicle Tax u/s 234 64130002 +
Private Vehicle Tax u/s 234 64130003 +
Electricity Bill of Domestic Consumer u/s 235A 64140101 +
Electricity Bill of Commercial / Industrial Consumer u/s 235 64140050 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +
Prepaid Telephone Card u/s 236(1)(b) 64150003 +
Phone Unit u/s 236(1)(c) 64150004 +
Internet Bill u/s 236(1)(d) 64150005 +
Prepaid Internet Card u/s 236(1)(e) 64150006 +
Purchase by Auction u/s 236A (including renewal of license) 64150101
Domestic Air Ticket Charges u/s 236B 64150201

Page 19

Tax Chargeable / Payments > Adjustable Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Sale / Transfer of Immovable Property u/s 236C 64150301
Tax Deducted u/s 236C where property purchased & sold within Tax Year 64150302
Tax Deducted u/s 236C where property purchased prior to current Tax Year 64150303
Issuance of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150603
Renewal of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150604
Screening of Foreign TV drama serial or play (other than in english) u/s 236F 64150605
Purchase of other commodities by Distributors / Dealers / Wholesalers u/s 236G 64150701
Purchase of Fertilizer by Distributors / Dealers / Wholesalers u/s 236G 64150702
Purchase by Retailers u/s 236H 64150801
Purchase of Others by Retailers u/s 236H 64150804
Issuance / Renewal of License to Dealers / Commission Agents / Arhatis u/s 236J 64151001
Purchase / Transfer of Immovable Property u/s 236K 64151101
Purchase of International Air Ticket u/s 236L 64151201
Banking transactions otherwise than through cash u/s 236P 64151501
Advance tax on extraction of minerals u/s 236V 64151904
Adjustments under 236A for Builders/Developers 64310010
Adjustments under 236K for Builders/Developers 64310011
Advance tax on On-Money u/s 231B(2A) 64010033
Persons remitting amount abroad through credit / debits / prepaid cards u/s 236Y 64151905

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Final / Fixed / Minimum / Average / Relevant / Reduced Tax 640001
Import u/s 148 @1% 64010052
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Advance tax u/s 236C for Investment by Non-Resident 64330053
Dividend u/s 150 @25% 64330052
Import u/s 148 @4% 64010058
Import u/s 148 @4.5% 64010059
Payment for Specified Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64330057
Return on Investment in Sukuks u/s 150A @ 10 % 64330054
Return on Investment in Sukuks u/s 150A @ 12.5 % 64330055
Return on Investment in Sukuks u/s 150A @ 25 % 64330056
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import u/s 148 @1.75% 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Import of Packing Material u/s 148 @5.5% 64010181
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048

Page 20

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Dividend u/s 150 @7.5% 64030052
Dividend u/s 150 @15% 64030055
Person receiving dividend from a company where the company’s income is exempt from tax u/s 5 64030090
If return on investment is exceeding 1 million on sukukh u/s 5AA 64030091
If return on investment is not exceeding 1 million on sukukh u/s 5AA 64030092
Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 64030099
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Tax deductible on SCRA of Non-Residents u/s 152(1D) / Division II, Part III, 1st Schedule 64060061
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) / Division II, Part III, 1st Schedule 64050056
Royalty / Fee for offshore digital services to a Non-Resident u/s 152(1C) / Division IV, Part I, 1st Schedule 64050057
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094
Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule 64050096 +
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Royalty / Fee for Technical Services to a Non-Resident covered under ADTT 64050097
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for foreign produced commercials to a Non-Resident u/s 152A 64050100
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053
Payment for Goods u/s 153(1)(a) @2.5% 64060055
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Goods u/s 153(1)(a) @4.5% 64060059
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @10% 64060170
Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
Receipts from Contracts u/s 153(1)(c) @10% 64060270
Fee for Export related Services u/s 153(2) @1% 64060352
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Income from property u/s 15(6) 64080052
Prize on Prize Bond u/s 156 64090051
Winnings from Crossword Puzzle u/s 156 64090052

Page 21

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Winnings from Raffle u/s 156 64090053
Winnings from Lottery u/s 156 64090054
Winnings from Quiz u/s 156 64090055
Winnings from Sale Promotion u/s 156 64090056
Commission / Discount on petroleum products u/s 156A @12% 64090151
Attributable income from controlled foreign company u/s 109A @ 15% 64120031
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Tax collected u/s 235 from CNG station 64130152 +
Electricity Bill of Commercial Consumer u/s 235 64140051 +
Electricity Bill of Industrial Consumer u/s 235 64140052 +
Lease of rights to collect tolls u/s 236A(3) 64150102
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Sales of certain petroleum products u/s 236HA 64151653
Dividend Specie u/s 236S @7.5% 64151802
Dividend Specie u/s 236S @25% 64151806
Dividend Specie u/s 236S @15% 64151807
Advance tax on registering or attesting transfer of immovable property u/s 236W 64151951
Capital Gains on Immovable Property u/s 37(1A) 64220050
Capital Gains on Immovable Property u/s 37(3A) where holding period does not exceed 1 year 64220058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 1 year but does not exceed 2 years 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 2 years but does not exceed 3 years 64330058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 3 years but does not exceed 4 years 64330059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 4 years 64220060
Capital Gains on Securities u/s 37A @0% 64220151
Capital Gains on Securities u/s 37A @5% (PMEX/Cash Settled Securities) 64220153
Capital Gains on Securities u/s 37A @7.5% 64220157
Capital Gains on Securities u/s 37A @10% 64220158
Capital Gains on Securities u/s 37A @12.5% 64220155
Capital Gains on Securities u/s 37A @15% 64220156
Profit on Debt on National Savings Certificates including Defence Saving pertaining to pervious years u/s 39(4A) 64230052
Purchase of Locally Produced Edible Oil u/s 148(A) 64310053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Receipts from Shipping Business of a Non-Resident Person u/s 7 64310065
Receipts from Shipping Business of a resident person u/s 7A 64310055
Profit on debt u/s 7B (amount not exceeding 36 million) 64310056 +
Fee for Transport Services outside Pakistan u/c (3), Part II, 2nd Sch @1% 64310061
Fee for Advertising services by electronic and print media outside Pakistan u/c (3), Part II, 2nd Sch @0.75% 64310062

Page 22

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Fee for Other Services outside Pakistan u/c (3), Part II, 2nd Sch @5% 64310063
Receipts for Contracts outside Pakistan u/c (3), Part II, 2nd Schedule @ 3.75% 64310071
Tax on business income of builders u/s 7C (advance tax installments paid under Rule 13S) 64310072
Tax Liability u/s 100D Read with Rule 10 of Eleventh Schedule for Builders/Developers 64310066 +
Tax on business income of developers u/s 7D (advance tax installments paid under Rule 13S) 64310073

Tax Chargeable / Payments > Computations

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Property 2000
Income / (Loss) from Business 3000
Gains / (Loss) from Capital Assets 4000
Income / (Loss) from Other Sources 5000
Foreign Income 6000
Agriculture Income 6100
Total Income 9000
Deductible Allowances 9009
Share of Partner Company in Income of AOP 9011
Taxable Income 9100
Tax Chargeable 9200
Normal Income Tax 920000
Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax 920100
WWF 920900
Tax Reductions 9309
Tax Credits 9329
Turnover/Tax on Income of Cotton Ginners 9012
Turnover / Tax Chargeable u/s 113 @0.25% 923152
Turnover / Tax Chargeable u/s 113 @0.3% 923163
Turnover / Tax Chargeable u/s 113 @0.75% 923168
Turnover / Tax Chargeable u/s 113 @ 0.50% 923206
Turnover / Tax Chargeable u/s 113 @1.25% (Jan 2019 - June 2019) 923161
Turnover / Tax Chargeable u/s 113 @1.5% 923160
Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 923193
Difference of Minimum Tax Chargeable u/s 113 923194
Import of Plant and Machinery for Industrial Undertaking u/s 148 @ 5.5% without consideration to business income from such plant and machinery 923185
Super Tax Chargeable 923181
Difference of Minimum Tax Chargeable u/s 236C (2)(Proviso) 923189
Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) 923198
Difference of Minimum Tax Chargeable 923201
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Withholding Income Tax 9201
Advance Income Tax 9202
Advance Tax Paid under 147 for Builders/Developers 92025
Advance Income Tax u/s 147(A) 92022

Page 23

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Admitted Income Tax 9203
Demanded Income Tax 9204
Refundable Income Tax 9210

Amortization

Description Code WDV (BF) Remaining Useful Years Extent of Use Amortization Action
Intangible 3305 +
Expenditure providing Long Term Advantage / Benefit 330516
Pre-Commencement Expenditure 3306
Intangibles with unascertainable useful life @4% 3307

Depreciation

Description Code WDV (BF) Deletion Addition (Used in Pakistan) Extent of Use Addition (New) Extent of Use Initial Allowance Depreciation WDV (CF) Action
Building (all types) 3302
Ramp for Disabled Persons 330204
Plant / Machinery (not Otherwise specified) 330301
Computer Hardware / Allied Items / Equipment used in manufacture of IT products 330302
Furniture (including fittings) 330303
Technical / Professional Books 330304
Below ground installations of mineral Oil concerns 330305
Offshore Installations of mineral Oil concerns 330306
Office Equipment 330307
Machinery / Equipment eligible for 1st Year Allowance 330308
Motor Vehicle (not plying for hire) 33041
Motor Vehicle (plying for hire) 33042
Ships 33043
Aircrafts / Aero Engines 33044

Page 24

Minimum Tax

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference of Minimum Tax Chargeable Action
Import u/s 148 @1% 64010052
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Import u/s 148 @4% 64010058
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import of Ships by Ship Breakers u/s 148(8A) @4.5% 64010059
Import of plastic raw materials under PCT heading 39.01 to 39.12 u/s 148 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Import of Packing Material u/s 148 @5.5% 64010181
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053
Payment for Goods u/s 153(1)(a) @2.5% 64060055
Payment for Goods u/s 153(1)(a) @4.5% 64060059
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @10% 64060170
Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
Receipts from Contracts u/s 153(1)(c) @10% 64060270
Fee for Export related Services u/s 153(2) @1% 64060352
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051

Page 25

Option out of PTR

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference (Option Valid if <=0) Action
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Commission / Discount on petroleum products u/s 156A @12% 64090151

Payment

CPR No. Date Amount Code Description Amount Tax Year
No records found.

Head Wise Summary

Head of Account Account
No records found.

Company Director

Share Holder's Name

Registration No. Proprietor/Member/Patner Name % In Capital Capital Amount
No records found.

Attachment

Code Description Action
3000 Final Accounts +

0 record(s) found

Page 26

Attribute

Attributes Value Action
Business Sector-1
Business Sector-2
Business Sector-3
Business Sector-4
Business Sector-5
Residence Status
Special Tax Rate for Dividend covered under ADDT
Special Tax Rate for Royalty / Fee for Technical Services covered under ADDT
Special Tax Rate for Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident covered under ADDT
Special Tax Rate for Profit on Debt to a Non-Resident covered under ADDT
Professional AOP Firm defined under Part-I of the First Schedule
Opt for Property Income to be considered under Normal Tax Regime as it exceeds 4 million Select
Class for Issuance / Renewal of License u/s 236J

Verification

I, Enter Name, CNIC No. Enter CNIC No, as Self / Member of Association of Persons / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge & belief the information given in this Return / Statement is correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Verify Pin

Page 27

Electronic Return for Business Individuals

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name:
Period: 01-Jul-2020 - 30-Jun-2021
Tax Year: 2021
Valid Upto:
Due Date: 30-Sep-2021
Document Date:
Transaction Date:
Registration Number:
Submission Date: *

Tabs: Data, Amortization, Depreciation, Minimum Tax, Option out of PTR, Payment, Company Director, Attachment, Attribute, Verification

Employment > Salary

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income from Salary 1000
Pay, Wages or Other Remuneration (including Arrears of Salary) 1009
Allowances (including Flying / Submarine Allowance) 1049
Expenditure Reimbursement 1059
Value of Perquisites (including Transport Monetization for Government Servants) 1089
Profits in Lieu of or in Addition to Pay, Wages or Other Remuneration (including Employment Termination Benefits) 1099

Property > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Property 2000
Total Receipts from Property 2029
Rent Received or Receivable 2001
1/10th of amount not adjustable against Rent 2002
Forfeited Deposit under a Contract for Sale of Property 2003
Recovery of Unpaid Irrecoverable Rent allowed as deduction 2004
Unpaid Liabilities exceeding three Years 2005
Total Deductions from Property 2099
1/5th of Rent of Building for Repairs 2031
Insurance Premium 2032
Local Rate / Tax / Charge / Cess 2033
Ground Rent 2034
Profit on Capital borrowed for Investment in Property 2035
Share in Rental Income Paid to HBFC / Banks 2036
Rent Collection Expenditure 2037
Legal Service Charges 2038
Amount claimed as Irrecoverable Rent 2039
Payment of Liabilities treated as Income 2097
Other Deductions against Rent 2098

Page 28

Business > Manufacturing / Trading Items

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business 3000
Net Revenue (excluding Sales Tax, Federal Excise, Brokerage, Commission, Discount, Freight Outward) 3029
Gross Revenue (excluding Sales Tax, Federal Excise) 3009
Selling Expenses (Freight Outward, Brokerage, Commission, Discount, etc.) 3019
Cost of Sales / Services 3030
Opening Stock 3039
Net Purchases (excluding Sales Tax, Federal Excise) 3059
Salaries / Wages 3071
Fuel 3072
Power 3073
Gas 3074
Stores / Spares 3076
Repair / Maintenance 3077
Other Direct Expenses 3083
Accounting Amortization 3087
Accounting Depreciation 3088
Closing Stock 3099
Gross Profit / (Loss) 3100

Business > Other Revenues

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Other Revenues 3129
Fee for Technical / Professional Services 3101
Accounting Gain on Sale of Intangibles 3115
Accounting Gain on Sale of Assets 3116
Others 3128
Share in untaxed Income from AOP 3131
Gain by builder/developer in excess of 10 times of tax liability under Rule 6 of Eleventh Schedule 3123
Share in Taxed Income from AOP 3141

Page 29

Business > Management, Administrative, Selling & Financial Expenses

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Management, Administrative, Selling & Financial Expenses 3199
Rent 3151
Rates / Taxes / Cess 3152
Salaries / Wages / Perquisites / Benefits 3154
Traveling / Conveyance / Vehicles Running / Maintenance 3155
Electricity / Water / Gas 3158
Communication 3162
Repair / Maintenance 3165
Stationery / Printing / Photocopies / Office Supplies 3166
Advertisement / Publicity / Promotion 3168
Insurance 3170
Professional Charges 3171
Profit on Debt (Financial Charges / Markup / Interest) 3172
Donation / Charity 3174
Brokerage / Commission 3178
Other Indirect Expenses 3180
Irrecoverable Debts Written off 3186
Obsolete Stocks / Stores / Spares / Fixed Assets Written off 3187
Accounting (Loss) on Sale of Intangibles 3195
Accounting (Loss) on Sale of Assets 3196
Accounting Amortization 3197
Accounting Depreciation 3198
Accounting Profit / (Loss) 3200

Page 30

Business > Inadmissible / Admissible Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Inadmissible Deductions 3239
Add Backs u/s 29(2) Provision for Doubtful Debts 3201
Add Backs Provision for Obsolete Stocks / Stores / Spares / Fixed Assets 3202
Add Backs Provision for Diminution in Value of Investment 3203
Add Backs u/s 21(i) Provision for Reserves / Funds / Amount carried to Reserves / Funds or Capitalized 3204
Add Backs u/s 21(a) Cess / Rate / Tax levied on Profits / Gains 3205
Add Backs u/s 21(b) Amount of Tax Deducted at Source 3206
Add Backs u/s 21(c) Payments liable to Deduction of Tax at Source but Tax not Deducted / Paid 3207
Add Backs u/s 21(d) Entertainment Expenditure above prescribed limit 3208
Add Backs u/s 21(e) Contributions to Unrecognized / Unapproved Funds 3209
Add Backs u/s 21(f) Contributions to Funds not under effective arrangement for deduction of Tax at source 3210
Add Backs u/s 21(g) Fine / Penalty for violation of any law / rule / regulation 3211
Add Backs u/s 21(h) Personal Expenditure 3212
Add Backs u/s 21(j) Profit on Debt / brokerage / Commission / salary / remuneration Paid by an AOP to its member 3213
Add Backs u/s 21(l) Expenditure under a single Account head exceeding prescribed amount not paid through prescribed mode 3215
Add Backs u/s 21(m) Salary exceeding prescribed amount not paid through prescribed mode 3216
Add Backs u/s 21(n) Capital Expenditure 3217
Add Backs u/s 67(1) Expenditure attributable to Non-Business Income 3218
Add Backs u/s 34(5) Liabilities allowed Previously as deduction not Paid within three Years 3219
Add Backs u/s 21(o) Sales promotion, advertisement and publicity expenses of pharmaceutical manufacturers exceeding prescribed limit 3224
Add Backs Tax Gain on Sale of Intangibles 3225
Add Backs Tax Gain on Sale of Assets 3226
Add Backs u/s 21(p) Utility Bills exceeding prescribed amount not paid through prescribed mode 322902
Add Backs u/s 21(q) Expenditure attributable to sale to person required to be registered under Sales Tax but not registered 322903
Add Backs u/s 28(1)(b) Lease Rental not admissible on account of cost of Passenger transport vehicle exceeding 2.5 Million Rupees 322901
Add backs u/s 21(ca) Commission in excess of 0.2% of gross amount of supplies to a person not appearing in ATL in Third Schedule of Sales Tax Act 3227
Deduction on profit on debit inadmissible u/s 106A 322904
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
7.50% of sales dealers of products listed in the 3rd Sch to the Sales Tax Act, 1990 who are not registered under the STA 1990 and not appearing in the active taxpayers' list under the ITO 2001 3231
Other Inadmissible Deductions 3234
Add Backs Accounting (Loss) on Sale of Intangibles 3235
Add Backs Accounting (Loss) on Sale of Assets 3236
Add Backs Accounting Amortization 3237
Add Backs Accounting Depreciation 3238
Admissible Deductions 3259
Accounting Gain on Sale of Intangibles 3245
Accounting Gain on Sale of Assets 3246
Tax Amortization for Current Year 3247

Page 31

Business > Inadmissible / Admissible Deductions (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Tax Depreciation / Initial Allowance for Current Year 3248
Pre-Commencement Expenditure / Deferred Cost 3250
Other Admissible Deductions 3254
Tax (Loss) on Sale of Intangibles 3255
Tax (Loss) on Sale of Assets 3256
Unabsorbed Tax Amortization for Previous Years 3257
Unabsorbed Tax Depreciation for Previous Years 3258

Business > Adjustments

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business before adjustment of Admissible Depreciation / Initial Allowance / Amortization for current / previous years 3270
Unadjusted (Loss) from Business for 2015 327015
Unadjusted (Loss) from Business for 2016 327016
Unadjusted (Loss) from Business for 2017 327017
Unadjusted (Loss) from Business for 2018 327018
Unadjusted (Loss) from Business for 2019 327019
Unadjusted (Loss) from Business for 2020 327020

Business > Business Assets / Equity / Liabilities

Description Code Amount Action
Total Assets 3349
Land 3301
Building (all types) 3302
Plant / Machinery / Equipment / Furniture (including fittings) 3303
Advances / Deposits / Prepayments 3312
Stocks / Stores / Spares 3315
Cash / Cash Equivalents 3319
Other Assets 3348
Total Equity / Liabilities 3399
Capital 3352
Long Term Borrowings / Debt / Loan 3371
Trade Creditors / Payables 3384
Other Liabilities 3398

Page 32

Capital Assets > Capital Gains / (Loss)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Gains / (Loss) from Capital Assets 4000

Capital Assets > Long Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Securities held Long Term 4006
Cost of Acquisition of Securities including Ancillary Expenses held Long Term 4016
Net Gain / (Loss) on Securities held long term 4017

Capital Assets > Short Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Securities held Short Term 4026
Cost of Acquisition of Securities including Ancillary Expenses held Short Term 4036
Net Gain / (Loss) on Securities held Short Term 4037

Page 33

Other Sources > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Other Sources 5000
Receipts from Other Sources 5029
Yield on Behbood Certificates / Pensioner's Benefit Account / Shuhada Family Benefit Account 5003041
Royalty 5002
Profit on Debt (Interest, Yield, etc) 5003
Profit on Debt (if amount u/s 7B exceeds 36 million) 500312
Loan, Advance, Deposit or Gift received in Cash 5016
Other Receipts 5028
Ground Rent 5004
Rent from sub lease of Land or Building 5005
Rent from lease of Building with Plant and Machinery 5006
Annuity / Pension 5007
Deductions from Other Sources 5089
Other Deductions 5088

Foreign Sources / Agriculture > Foreign Sources

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Foreign Income 6000
Foreign Property Income / (Loss) 6029
Foreign Business Income / (Loss) 6039
Foreign Capital Gains / (Loss) 6049
Foreign Other Sources Income / (Loss) 6059
Foreign Salary Income 6011

Foreign Sources / Agriculture > Agriculture

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Agriculture Income 6100
Agricultural Income Tax Paid to Province(s) 9291

Page 34

Tax Chargeable / Payments > Deductible Allowances

Description Code Total Inadmissible Admissible Action
Deductible Allowances 9009
Zakat u/s 60 9001
Workers Welfare Fund u/s 60A 9002
Profit on Debt etc. u/s 60C 9007
Educational Expenses u/s 60D 9008
No. of Childern for whom tution fee is paid 900801
Charitable Donations u/c 61, Part I, 2nd Schedule 9004

Tax Chargeable / Payments > Tax Chargeable

Description Code Amount Action
Income Tax on working capital u/s 99A of Ninth Schedule 920001

Page 35

Tax Chargeable / Payments > Tax Reductions

Description Code Total Amount Tax Chargeable Tax Reducted Action
Tax Reductions 9309
Tax Reduction for Full Time Teacher / Researcher (Except teachers of medical professions who derive income from private medical practice) 9302
Tax Reduction for Foreign film makers 9305
Tax Reduction on Tax Charged on Behbood Certificates / Pensioner's Benefit Account in excess of applicable rate 930101
Tax Reduction on Capital Gain on Immovable Property under clause (9A), Part III, Second Schedule for Ex-Servicemen and serving personnel of Armed Forces and ex-employees and serving personnel of Federal & Provincial Government @50% 930701
Tax Reduction on Capital Gain on Immovable Property under clause (9A), Part III, Second Schedule for Ex-Servicemen and serving personnel of Armed Forces and ex-employees and serving personnel of Federal & Provincial Government @75% 930702

Tax Chargeable / Payments > Tax Credits

Description Code Eligible Amount Ineligible Amount Tax Credit Action
Tax Credits 9329
Tax Credit for Charitable Donations u/s 61 9311
Tax Credit for Charitable Donations u/s 61 where the donation is made to associate 9331
Tax Credit for Investment in Shares, Sukkuks and Life Insurance Premium u/s 62 9312
Tax Credit for Investment in Health Insurance u/s 62A 93121
Tax Credit for Contribution to Approved Pension Fund u/s 63 9313
Tax Credit u/s 103 9320
Tax Credit for Tax Paid on Share Income from AOP 9321
Tax Credit for Trust / Welfare Institution / Non-Profit Organization u/s 100C 9323
Surrender of Tax Credit on Investments in Shares disposed off before time limit 9328
Tax Credit for persons employing fresh graduates u/s 64C (where strength of freshly qualified graduates employed does not exceed 15% of total number of employees) 9327

Page 36

Tax Chargeable / Payments > Adjustable Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Adjustable Tax 640000
Import u/s 148 @1% 64010002
Import u/s 148 @2% 64010004
Import u/s 148 @3% 64010006
Import u/s 148 @4% 64010008
Import u/s 148 @4.5% 64010009
Import u/s 148 @5.5% 64010011
Import u/s 148 @6% 64010012
Salary of Employees u/s 149 64020004
Directorship Fee u/s 149(3) 64020005
Tax Withheld u/s 151 (if amount u/s 7B exceeds 36 million) 64040005
Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident u/s 152(2) 64050007
Profit on Debt to a Non-Resident u/s 152(2) 64050008 +
Payment for Goods to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule 64050009
Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule 64050012
Payment for Goods u/s 153(1)(a) @1% 64060002
Payment for Goods u/s 153(1)(a) @1.5% 64060003
Payment for Goods u/s 153(1)(a) @2.5% 64060005
Payment for Goods u/s 153(1)(a) @4.5% 64060009
Payment for Services u/s 153(1)(b) @8% u/c (42) of Part IV of Second Schedule 64060116
Payment of Royalty to Resident Persons u/s 153B @ 15% 64060232
Rent of Property u/s 155 64080001 +
Cash Withdrawal from Bank u/s 231A 64100101 +
Certain Banking Transactions u/s 231AA 64100201 +
Motor Vehicle Registration Fee u/s 231B(1) 64100301 +
Motor Vehicle Transfer Fee u/s 231B(2) 64100302 +
Motor Vehicle Sale u/s 231B(3) 64100303 +
Motor Vehicle Leasing u/s 231B(1A) (Non-ATL) @4% 64100304 +
Margin Financing, Margin Trading or Securities Lending u/s 233AA 64120201
Goods Transport Public Vehicle Tax u/s 234 64130001 +
Passenger Transport Public Vehicle Tax u/s 234 64130002 +
Private Vehicle Tax u/s 234 64130003 +
Electricity Bill of Domestic Consumer u/s 235A 64140101 +
Electricity Bill of Commercial / Industrial Consumer u/s 235 64140050 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +
Prepaid Telephone Card u/s 236(1)(b) 64150003 +
Phone Unit u/s 236(1)(c) 64150004 +
Internet Bill u/s 236(1)(d) 64150005 +
Prepaid Internet Card u/s 236(1)(e) 64150006 +
Purchase by Auction u/s 236A (including renewal of license) 64150101

Page 37

Tax Chargeable / Payments > Adjustable Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Domestic Air Ticket Charges u/s 236B 64150201
Sale / Transfer of Immovable Property u/s 236C 64150301
Tax Deducted u/s 236C where property purchased & sold within Tax Year 64150302
Tax Deducted u/s 236C where property purchased prior to current Tax Year 64150303
Issuance of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150603
Renewal of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150604
Screening of Foreign TV drama serial or play (other than in english) u/s 236F 64150605
Purchase of other commodities by Distributors / Dealers / Wholesalers u/s 236G 64150701
Purchase of Fertilizer by Distributors / Dealers / Wholesalers u/s 236G 64150702
Purchase by Retailers u/s 236H 64150801
Purchase of Others by Retailers u/s 236H 64150804
Educational Institution Fee u/s 236I 64150901
Purchase / Transfer of Immovable Property u/s 236K 64151101
Purchase of International Air Ticket u/s 236L 64151201
Banking transactions otherwise than through cash u/s 236P 64151501
Advance tax on extraction of minerals u/s 236V 64151904
Adjustments under 236A for Builders/Developers 64310010
Adjustments under 236K for Builders/Developers 64310011
Advance tax on On-Money u/s 231B(2A) 64010033
Persons remitting amount abroad through credit / debits / prepaid cards u/s 236Y 64151905

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Final / Fixed / Minimum / Average / Relevant / Reduced Tax 640001
Import u/s 148 @1% 64010052
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Advance tax u/s 236C for Investment by Non-Resident 64330053
Dividend u/s 150 @25% 64330052
Import u/s 148 @4% 64010058
Import u/s 148 @4.5% 64010059
Payment for Specified Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64330057
Return on Investment in Sukuks u/s 150A @ 10 % 64330054
Return on Investment in Sukuks u/s 150A @ 12.5 % 64330055
Return on Investment in Sukuks u/s 150A @ 25 % 64330056
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import u/s 148 @1.75% 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Import of Packing Material u/s 148 @5.5% 64010181
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047

Page 38

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Dividend u/s 150 @7.5% 64030052
Dividend u/s 150 @15% 64030055
Person receiving dividend from a company where the company’s income is exempt from tax u/s 5 64030090
If return on investment is exceeding 1 million on sukukh u/s 5AA 64030091
If return on investment is not exceeding 1 million on sukukh u/s 5AA 64030092
Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 64030099
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Tax deductible on SCRA of Non-Residents u/s 152(1D) / Division II, Part III, 1st Schedule 64060061
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) / Division II, Part III, 1st Schedule 64050056
Royalty / Fee for offshore digital services to a Non-Resident u/s 152(1C) / Division IV, Part I, 1st Schedule 64050057
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094
Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule 64050096 +
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Royalty / Fee for Technical Services to a Non-Resident covered under ADTT 64050097
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for foreign produced commercials to a Non-Resident u/s 152A 64050100
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053
Payment for Goods u/s 153(1)(a) @2.5% 64060055
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Goods u/s 153(1)(a) @4.5% 64060059
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @10% 64060170
Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
Receipts from Contracts u/s 153(1)(c) @10% 64060270
Fee for Export related Services u/s 153(2) @1% 64060352
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Income from property u/s 15(6) 64080052
Prize on Prize Bond u/s 156 64090051

Page 39

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Winnings from Crossword Puzzle u/s 156 64090052
Winnings from Raffle u/s 156 64090053
Winnings from Lottery u/s 156 64090054
Winnings from Quiz u/s 156 64090055
Winnings from Sale Promotion u/s 156 64090056
Commission / Discount on petroleum products u/s 156A @12% 64090151
Attributable income from controlled foreign company u/s 109A @ 15% 64120031
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Tax collected u/s 235 from CNG station 64130152 +
Electricity Bill of Commercial Consumer u/s 235 64140051 +
Electricity Bill of Industrial Consumer u/s 235 64140052 +
Lease of rights to collect tolls u/s 236A(3) 64150102
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Sales of certain petroleum products u/s 236HA 64151653
Dividend Specie u/s 236S @7.5% 64151802
Dividend Specie u/s 236S @25% 64151806
Dividend Specie u/s 236S @15% 64151807
Advance tax on registering or attesting transfer of immovable property u/s 236W 64151951
Capital Gains on Immovable Property u/s 37(1A) 64220050
Capital Gains on Immovable Property u/s 37(3A) where holding period does not exceed 1 year 64220058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 1 year but does not exceed 2 years 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 2 years but does not exceed 3 years 64330058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 3 years but does not exceed 4 years 64330059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 4 years 64220060
Capital Gains on Securities u/s 37A @0% 64220151
Capital Gains on Securities u/s 37A @5% (PMEX/Cash Settled Securities) 64220153
Capital Gains on Securities u/s 37A @7.5% 64220157
Capital Gains on Securities u/s 37A @10% 64220158
Capital Gains on Securities u/s 37A @12.5% 64220155
Capital Gains on Securities u/s 37A @15% 64220156
Profit on Debt on National Savings Certificates including Defence Saving pertaining to pervious years u/s 39(4A) 64230052
Purchase of Locally Produced Edible Oil u/s 148(A) 64310053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Receipts from Shipping Business of a Non-Resident Person u/s 7 64310065
Receipts from Shipping Business of a resident person u/s 7A 64310055
Profit on debt u/s 7B (amount not exceeding 36 million) 64310056 +

Page 40

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Fee for Transport Services outside Pakistan u/c (3), Part II, 2nd Sch @1% 64310061
Fee for Advertising services by electronic and print media outside Pakistan u/c (3), Part II, 2nd Sch @0.75% 64310062
Fee for Other Services outside Pakistan u/c (3), Part II, 2nd Sch @5% 64310063
Receipts for Contracts outside Pakistan u/c (3), Part II, 2nd Schedule @ 3.75% 64310071
Tax on business income of builders u/s 7C (advance tax installments paid under Rule 13S) 64310072
Tax Liability u/s 100D Read with Rule 10 of Eleventh Schedule for Builders/Developers 64310066 +
Tax on business income of developers u/s 7D (advance tax installments paid under Rule 13S) 64310073
Transport Monetization for Government Servants (after deduction of drivers salary) u/c (27), Part II, 2nd Schedule 64210051
Flying / Submarine Allowance (not exceeding basic pay) u/c (1), Part III, 2nd Schedule 64210052
Allowance to Pilots (exceeding basic pay) u/c (1AA), Part III, 2nd Schedule 64210053
Average Rate of tax for Calculation of employment termination benefits (0% To 100%) 6421005401
Employment Termination Benefits u/s 12(6) Chargeable to Tax at Average Rate 64210054
Average Rate of tax for Calculation of salary arrears (0% To 100%) 6421005601
Salary Arrears u/s 12(7) Chargeable to Tax at Relevant Rate 64210056

Tax Chargeable / Payments > Computations

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income from Salary 1000
Income / (Loss) from Property 2000
Income / (Loss) from Business 3000
Gains / (Loss) from Capital Assets 4000
Income / (Loss) from Other Sources 5000
Foreign Income 6000
Agriculture Income 6100
Share in untaxed Income from AOP 3131
Share in Taxed Income from AOP 3141
Total Income 9000
Deductible Allowances 9009
Taxable Income 9100
Tax Chargeable 9200
Normal Income Tax 920000
Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax 920100
WWF 920900
Tax Reductions 9309
Tax Credits 9329
Turnover/Tax on Income of Cotton Ginners 9012
Turnover / Tax Chargeable u/s 113 @0.25% 923152
Turnover / Tax Chargeable u/s 113 @0.3% 923163
Turnover / Tax Chargeable u/s 113 @0.75% 923168
Turnover / Tax Chargeable u/s 113 @ 0.50% 923206
Turnover / Tax Chargeable u/s 113 @1.25% (Jan 2019 - June 2019) 923161
Turnover / Tax Chargeable u/s 113 @1.5% 923160
Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 923193

Page 41

Tax Chargeable / Payments > Computations (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Difference of Minimum Tax Chargeable u/s 113 923194
Import of Plant and Machinery for Industrial Undertaking u/s 148 @ 5.5% without consideration to business income from such plant and machinery 923185
Super Tax Chargeable 923181
Difference of Minimum Tax Chargeable u/s 236C (2)(Proviso) 923189
Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) 923198
Difference of Minimum Tax Chargeable 923201
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Withholding Income Tax 9201
Advance Income Tax 9202
Advance Tax Paid under 147 for Builders/Developers 92025
Advance Income Tax u/s 147(A) 92022
Admitted Income Tax 9203
Demanded Income Tax 9204
Refundable Income Tax 9210

116 - Wealth Statement > Personal Expenses

Description Code Amount Action
Personal Expenses 7089
Rent 7051
Rates / Taxes / Charge / Cess 7052
Vehicle Running / Maintenence 7055
Travelling 7056
Electricity 7058
Water 7059
Gas 7060
Telephone 7061
Asset Insurance / Security 7066
Medical 7070
Educational 7071
Club 7072
Functions / Gatherings 7073
Donation, Zakat, Annuity, Profit on Debt, Life Insurance Premium, etc. 7076
Other Personal / Household Expenses 7087
Contribution in Expenses by Family Members 7088

Page 42

116 - Wealth Statement > Personal Assets / Liabilities

Description Code Amount Action
Agricultural Property 7001 +
Commercial, Industrial, Residential Property (Non-Business) 7002 +
Business Capital 7003 +
Equipment (Non-Business) 7004
Animal (Non-Business) 7005
Investment (Non-Business) (Account / Annuity / Bond / Certificate / Debenture / Deposit / Fund / Instrument / Policy / Share / Stock / Unit, etc.) 7006 +
Debt (Non-Business) (Advance / Debt / Deposit / Prepayment / Receivable / Security) 7007 +
Motor Vehicle (Non-Business) 7008 +
Precious Possession 7009 +
Household Effect 7010
Personal Item 7011
Cash (Non-Business) 7012
Any Other Asset 7013 +
Assets in Others' Name 7014 +
Total Assets inside Pakistan 7015
Assets held outside Pakistan 7016 +
Capital or voting rights in foreign company 7018 +
Total Assets held outside pakistan 7020
Total Assets 7019
Credit (Non-Business) (Advance / Borrowing / Credit / Deposit / Loan / Mortgage / Overdraft / Payable) 7021 +
Total Liabilities 7029

Page 43

116 - Wealth Statement > Reconciliation of Net Assets

Description Code Amount Action
Net Assets Current Year 703001
Net Assets Previous Year 703002
Increase / Decrease in Assets 703003
Inflows 7049
Income Declared as per Return for the year subject to Normal Tax 7031
Income Declared as per Return for the year Exempt from Tax 7032
Income Attributable to Receipts, etc. Declared as per Return for the year subject to Final / Fixed Tax 7033
Adjustments in Income Declared as per Return for the year 7034
Foreign Remittance 7035
Inheritance 7036
Gift 7037
Gain on Disposal of Assets, excluding Capital Gain on Immovable Property 7038
Income Attributable to Receipts (Builders/Developers) 7039
Others 7048
Outflows 7099
Personal Expenses 7089
Gift 7091
Others 7098
Loss on Disposal of Assets 7092
Unreconciled Amount 703000
Assets Transferred / Sold / Gifted / Donated during the year 703004

Amortization

Description Code WDV (BF) Remaining Useful Years Extent of Use Amortization Action
Intangible 3305 +
Expenditure providing Long Term Advantage / Benefit 330516
Pre-Commencement Expenditure 3306
Intangibles with unascertainable useful life @4% 3307

Page 44

Depreciation

Description Code WDV (BF) Deletion Addition (Used in Pakistan) Extent of Use Addition (New) Extent of Use Initial Allowance Depreciation WDV (CF) Action
Building (all types) 3302
Ramp for Disabled Persons 330204
Plant / Machinery (not Otherwise specified) 330301
Computer Hardware / Allied Items / Equipment used in manufacture of IT products 330302
Furniture (including fittings) 330303
Technical / Professional Books 330304
Below ground installations of mineral Oil concerns 330305
Offshore Installations of mineral Oil concerns 330306
Office Equipment 330307
Machinery / Equipment eligible for 1st Year Allowance 330308
Motor Vehicle (not plying for hire) 33041
Motor Vehicle (plying for hire) 33042
Ships 33043
Aircrafts / Aero Engines 33044

Minimum Tax

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference of Minimum Tax Chargeable Action
Import u/s 148 @1% 64010052
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Import u/s 148 @4% 64010058
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import of Ships by Ship Breakers u/s 148(8A) @4.5% 64010059
Import of plastic raw materials under PCT heading 39.01 to 39.12 u/s 148 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Import of Packing Material u/s 148 @5.5% 64010181
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053

Page 45

Minimum Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference of Minimum Tax Chargeable Action
Payment for Goods u/s 153(1)(a) @2.5% 64060055
Payment for Goods u/s 153(1)(a) @4.5% 64060059
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @10% 64060170
Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
Receipts from Contracts u/s 153(1)(c) @10% 64060270
Fee for Export related Services u/s 153(2) @1% 64060352
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051

Option out of PTR

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference (Option Valid if <=0) Action
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Commission / Discount on petroleum products u/s 156A @12% 64090151

Payment

CPR No. Date Amount Code Description Amount Tax Year
No records found.

Head Wise Summary

Head of Account Account
No records found.

Page 46

Company Director

Share Holder's Name

Registration No. Proprietor/Member/Patner Name % In Capital Capital Amount
No records found.

Attachment

Code Description Action
3000 Final Accounts +

0 record(s) found

Attribute

Attributes Value Action
Business Sector-1
Business Sector-2
Business Sector-3
Business Sector-4
Business Sector-5
Residence Status
Special Tax Rate for Dividend covered under ADDT
Special Tax Rate for Royalty / Fee for Technical Services covered under ADDT
Special Tax Rate for Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident covered under ADDT
Special Tax Rate for Profit on Debt to a Non-Resident covered under ADDT
Average Tax Rate for Employment Termination Benefits u/s 12(6)
Relevant Tax Rate for Salary Arrears u/s 12(7)
Opt for Property Income to be considered under Normal Tax Regime as it exceeds 4 million Select
Class for Issuance / Renewal of License u/s 236J

Verification

I, ____, CNIC No. ____, as Self / Member of Association of Persons / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge & belief the information given in this Return / Statement is correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Verify Pin

Page 47

Electronic Return for Companies

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name:
Period: 01-Jul-2020 - 30-Jun-2021
Tax Year: 2021
Valid Upto:
Due Date: 30-Sep-2021
Document Date:
Transaction Date:
Registration Number:
Submission Date: *

Tabs: Data, Amortization, Depreciation, Minimum Tax, Option out of PTR, Payment, Company Director, Attachment, Attribute, Verification

Property > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Property 2000
Total Receipts from Property 2029
Rent Received or Receivable 2001
1/10th of amount not adjustable against Rent 2002
Forfeited Deposit under a Contract for Sale of Property 2003
Recovery of Unpaid Irrecoverable Rent allowed as deduction 2004
Unpaid Liabilities exceeding three Years 2005
Total Deductions from Property 2099
1/5th of Rent of Building for Repairs 2031
Insurance Premium 2032
Local Rate / Tax / Charge / Cess 2033
Ground Rent 2034
Profit on Capital borrowed for Investment in Property 2035
Share in Rental Income Paid to HBFC / Banks 2036
Rent Collection Expenditure 2037
Legal Service Charges 2038
Amount claimed as Irrecoverable Rent 2039
Payment of Liabilities treated as Income 2097
Other Deductions against Rent 2098

Page 48

Business > Manufacturing / Trading Items

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business 3000
Net Revenue (excluding Sales Tax, Federal Excise, Brokerage, Commission, Discount, Freight Outward) 3029
Gross Revenue (excluding Sales Tax, Federal Excise) 3009
Gross Domestic Sales / Services Fee 3004
Gross Exports Sales / Services Fee 3008
Selling Expenses (Freight Outward, Brokerage, Commission, Discount, etc.) 3019
Domestic Commission / Brokerage / Discount / Freight Outward, etc. 3011
Foreign Commission / Brokerage / Discount / Freight Outward, etc. 3012
Rebates / Duty Drawbacks 3070
Cost of Sales / Services 3030
Opening Stock 3039
Domestic Raw Material / Components Opening Balance 3035
Import Raw Material / Components Opening Balance 3036
Stores / Spares Opening Balance 3037
Fuel Opening Balance 3038
Work in Process Opening Balance 3034
Self-Manufactured Finished Goods Opening Balance 3033
Domestic Finished Goods Opening Balance 3031
Import Finished Goods Opening Balance 3032
Net Purchases (excluding Sales Tax, Federal Excise) 3059
Net Domestic Purchases Raw Material / Components 3055
Net Import Raw Material / Components 3056
Net Stores / Spares Purchases 3057
Net Fuel Purchases 3058
Net Domestic Purchases Finished Goods 3051
Net Import Finished Goods 3052

Page 49

Business > Manufacturing / Trading Items (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consumed 3069
Domestic Raw Material / Components Consumed 3065
Import Raw Material / Components Consumed 3066
Stores / Spares Consumed 3067
Fuel Consumed 3068
Work in Process Consumed 3064
Self-Manufactured Finished Goods Consumed 3063
Domestic Finished Goods Consumed 3061
Import Finished Goods Consumed 3062
Direct Expenses 3089
Salaries / Wages 3071
Power 3073
Gas 3074
Repair / Maintenance 3077
Insurance 3080
Royalty 3081
Fee for Technical Services 3082
Other Direct Expenses 3083
Accounting Amortization 3087
Accounting Depreciation 3088
Closing Stock 3099
Domestic Raw Material / Components Closing Balance 3095
Import Raw Material / Components Closing Balance 3096
Stores / Spares Closing Balance 3097
Fuel Closing Balance 3098
Work in Process Closing Balance 3094
Self-Manufactured Finished Goods Closing Balance 3093
Domestic Finished Goods Closing Balance 3091
Import Finished Goods Closing Balance 3092
Gross Profit / (Loss) 3100

Page 50

Business > Other Revenues

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Other Revenues 3129
Fee for Technical / Professional Services 3101
Fee for Other Services 3102
Profit on Debt 3106
Royalty 3107
License / Franchise Fee 3108
Accounting Gain on Sale of Intangibles 3115
Accounting Gain on Sale of Assets 3116
Others 3128
Gain by builder/developer in excess of 10 times of tax liability under Rule 6 of Eleventh Schedule 3123

Page 51

Business > Management, Administrative, Selling & Financial Expenses

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Management, Administrative, Selling & Financial Expenses 3199
Rent 3151
Rates / Taxes / Cess 3152
Salaries / Wages / Perquisites / Benefits 3154
Traveling / Conveyance / Vehicles Running / Maintenance 3155
Electricity / Water / Gas 3158
Communication 3162
Repair / Maintenance 3165
Stationery / Printing / Photocopies / Office Supplies 3166
Advertisement / Publicity / Promotion 3168
Insurance 3170
Professional Charges 3171
Profit on Debt (Financial Charges / Markup / Interest) 3172
Donation / Charity 3174
Brokerage / Commission 3178
Other Indirect Expenses 3180
Directors Fee 3183
Workers Profit Participation Fund 3185
Provision for Doubtful / Bad Debts 3191
Provision for Obsolete Stocks / Stores / Spares / Fixed Assets 3192
Provision for Diminution in Value of Investment 3193
Irrecoverable Debts Written off 3186
Obsolete Stocks / Stores / Spares / Fixed Assets Written off 3187
Accounting (Loss) on Sale of Intangibles 3195
Accounting (Loss) on Sale of Assets 3196
Accounting Amortization 3197
Accounting Depreciation 3198
Accounting Profit / (Loss) 3200

Page 52

Business > Inadmissible / Admissible Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Inadmissible Deductions 3239
Add Backs u/s 29(2) Provision for Doubtful Debts 3201
Add Backs Provision for Obsolete Stocks / Stores / Spares / Fixed Assets 3202
Add Backs Provision for Diminution in Value of Investment 3203
Add Backs u/s 21(i) Provision for Reserves / Funds / Amount carried to Reserves / Funds or Capitalized 3204
Add Backs u/s 21(a) Cess / Rate / Tax levied on Profits / Gains 3205
Add Backs u/s 21(b) Amount of Tax Deducted at Source 3206
Add Backs u/s 21(c) Payments liable to Deduction of Tax at Source but Tax not Deducted / Paid 3207
Add Backs u/s 21(d) Entertainment Expenditure above prescribed limit 3208
Add Backs u/s 21(e) Contributions to Unrecognized / Unapproved Funds 3209
Add Backs u/s 21(f) Contributions to Funds not under effective arrangement for deduction of Tax at source 3210
Add Backs u/s 21(g) Fine / Penalty for violation of any law / rule / regulation 3211
Add Backs u/s 21(h) Personal Expenditure 3212
Add Backs u/s 21(j) Profit on Debt / brokerage / Commission / salary / remuneration Paid by an AOP to its member 3213
Add Backs u/s 21(l) Expenditure under a single Account head exceeding prescribed amount not paid through prescribed mode 3215
Add Backs u/s 21(m) Salary exceeding prescribed amount not paid through prescribed mode 3216
Add Backs u/s 21(n) Capital Expenditure 3217
Add Backs u/s 67(1) Expenditure attributable to Non-Business Income 3218
Add Backs u/s 34(5) Liabilities allowed Previously as deduction not Paid within three Years 3219
Add Backs u/s 100C(1)(d) - Administrative and management expenses exceeding 15% of total receipts of NPOs, Trusts, &Welfare Institutions 3221
Add Backs u/s 21(o) Sales promotion, advertisement and publicity expenses of pharmaceutical manufacturers exceeding prescribed limit 3224
Add Backs Tax Gain on Sale of Intangibles 3225
Add Backs Tax Gain on Sale of Assets 3226

Page 53

Business > Inadmissible / Admissible Deductions (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Add Backs u/s 21(p) Utility Bills exceeding prescribed amount not paid through prescribed mode 322902
Add Backs u/s 21(q) Expenditure attributable to sale to person required to be registered under Sales Tax but not registered 322903
Add Backs u/s 28(1)(b) Lease Rental not admissible on account of cost of Passenger transport vehicle exceeding 2.5 Million Rupees 322901
Add backs u/s 21(ca) Commission in excess of 0.2% of gross amount of supplies to a person not appearing in ATL in Third Schedule of Sales Tax Act 3227
Deduction on profit on debit inadmissible u/s 106A 322904
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
7.50% of sales dealers of products listed in the 3rd Sch to the Sales Tax Act, 1990 who are not registered under the STA 1990 and not appearing in the active taxpayers' list under the ITO 2001 3231
Other Inadmissible Deductions 3234
Add Backs Accounting (Loss) on Sale of Intangibles 3235
Add Backs Accounting (Loss) on Sale of Assets 3236
Add Backs Accounting Amortization 3237
Add Backs Accounting Depreciation 3238
Admissible Deductions 3259
Accounting Gain on Sale of Intangibles 3245
Accounting Gain on Sale of Assets 3246
Tax Amortization for Current Year 3247
Tax Depreciation / Initial Allowance for Current Year 3248
Pre-Commencement Expenditure / Deferred Cost 3250
Other Admissible Deductions 3254
Tax (Loss) on Sale of Intangibles 3255
Tax (Loss) on Sale of Assets 3256
Unabsorbed Tax Amortization for Previous Years 3257
Unabsorbed Tax Depreciation for Previous Years 3258

Business > Adjustments

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Business before adjustment of Admissible Depreciation / Initial Allowance / Amortization for current / previous years 3270
Unadjusted (Loss) from Business for 2015 327015
Unadjusted (Loss) from Business for 2016 327016
Unadjusted (Loss) from Business for 2017 327017
Unadjusted (Loss) from Business for 2018 327018
Unadjusted (Loss) from Business for 2019 327019
Unadjusted (Loss) from Business for 2020 327020

Page 54

Business > Business Assets / Equity / Liabilities

Description Code Amount Action
Total Assets 3349
Land 3301
Building (all types) 3302
Plant / Machinery / Equipment / Furniture (including fittings) 3303
Motor Vehicle 3304
Intangible 3305
Pre-Commencement Expenditure 3306
Capital Work in Progress 3308
Long Term Investments 3311
Advances / Deposits / Prepayments 3312
Trade Debtors / Receivables 3313
Inventories 3314
Stocks / Stores / Spares 3315
Short Term Investments 3316
Short Term Advances / Deposits / Prepayments 3317
Current Portion of Long Term Investments 3318
Cash / Cash Equivalents 3319
Other Assets 3348
Total Equity / Liabilities 3399
Authorized Capital 3351
Issued, Subscribed & Paid up capital 3352
Share Deposit Money 3353
Capital Reserves 3361
Revenue Reserves 3362
Funds 3363
Accumulated Profits 3364
Revaluation Surplus 3365
Long Term Borrowings / Debt / Loan 3371
Liabilities against Assets subject to Finance Lease 3372
Deferred Liabilities 3373
Provisions / Contingencies 3374
Short Term Borrowings / Debt / Loan 3381
Current Portion of Long Term Liabilities 3382
Advances / Deposits / Accrued Expenses 3383
Trade Creditors / Payables 3384
Other Liabilities 3398

Page 55

Business > Transactions > PKR 50 Million with Non-Residents Associates

Description Code Receipts Payments Action
Total Value of Revenue Transactions with Non-Resident associates 3849
Raw Material / Components 3801
Finished Goods 3802
Stock in Trade 3803
Others 3804
Rent 3805
Royalty / License Fee / Franchise Fee 3806
Intangibles 3807
Fee for Managerial / Financial / Administrative / Marketing / Training Services 3808
Fee for Engineering / Technical / Construction Services 3809
Fee for Research / Development Services 3810
Commission 3811
Profit on Debt (Financial Charges / Markup / Interest) 3812
Dividend (Common / Preferred Stock / Deemed Dividend) 3813
Insurance Premium 3814
Guarantees 3815
Others (including Derivatives) 3816
Expenses Reimbursement at cost 3817
Total Value of Capital Transactions with Non-Resident associates 3899
Interest Bearing Loan Opening Balance 3851
Interest Bearing Loan Closing Balance 3852
Interest Free Loan Opening Balance 3853
Interest Free Loan Closing Balance 3854
Investments 3855
Property of Capital Nature 3856
Service / Tangible / Intangible Property, etc. for Non-Monetary Consideration under any arrangement including Exchange, Swap, Barter, Bonus, Discount, etc. (Yes=1, No=0) 3891
Service / Tangible / Intangible Property, etc. for Nil Consideration (Yes=1, No=0) 3892
Direct / Indirect Participation by a Non-Resident in Capital, Management or Control (Yes=1, No=0) 3893
Number of Associates having dealings with 3894

Page 56

Capital Assets > Long Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Capital Assets Held Long Term 4009
Consideration Received on Disposal of Securities held Long Term 4006
Cost of Acquisition of Capital Assets Held Long Term including Ancillary Expenses 4019
Cost of Acquisition of Securities including Ancillary Expenses held Long Term 4016
Net Gain / (Loss) on Capital Assets Held Long Term 4020
Net Gain / (Loss) on Securities held long term 4017

Capital Assets > Short Term

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Consideration Received on Disposal of Securities held Short Term 4026
Consideration of Capital Assets held Short Term 4029
Cost of Acquisition of Capital Assets held Short Term including Ancillary Expenses 4039
Cost of Acquisition of Securities including Ancillary Expenses held Short Term 4036
Net Gain / (Loss) on Capital Assets held Short Term 4040
Net Gain / (Loss) on Securities held Short Term 4037

Capital Assets > Adjustments

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Unadjusted (Loss) from Capital Assets for 2014 409914
Unadjusted (Loss) from Capital Assets for 2016 409916
Unadjusted (Loss) from Capital Assets for 2017 409917
Unadjusted (Loss) from Capital Assets for 2018 409918
Unadjusted (Loss) from Capital Assets for 2019 409919

Page 57

Other Sources > Receipts / Deductions

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Other Sources 5000
Receipts from Other Sources 5029
Royalty 5002
Profit on Debt (Interest, Yield, etc) 5003
Ground Rent 5004
Rent from sub lease of Land or Building 5005
Rent from lease of Building with Plant and Machinery 5006
Loan, Advance, Deposit or Gift received in Cash 5016
Other Receipts 5028
Deductions from Other Sources 5089
Other Deductions 5088

Foreign Sources / Agriculture > Foreign Sources

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Foreign Property Income / (Loss) 6029
Foreign Property Income / (Loss) 6021
Foreign Property Income / (Loss) 6022
Foreign Property Income / (Loss) 6023
Foreign Property Income / (Loss) 6024
Foreign Business Income / (Loss) 6039
Foreign Business Income / (Loss) 6031
Foreign Business Income / (Loss) 6032
Foreign Business Income / (Loss) 6033
Foreign Business Income / (Loss) 6034
Foreign Capital Gains / (Loss) 6049
Foreign Capital Gains / (Loss) 6041
Foreign Capital Gains / (Loss) 6042
Foreign Capital Gains / (Loss) 6043
Foreign Capital Gains / (Loss) 6044
Foreign Other Sources Income / (Loss) 6059
Foreign Other Sources Income / (Loss) 6051
Foreign Other Sources Income / (Loss) 6052
Foreign Other Sources Income / (Loss) 6053
Foreign Other Sources Income / (Loss) 6054

Page 58

Foreign Sources / Agriculture > Agriculture

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Agriculture Income 6100
Agricultural Income Tax Paid to Province(s) 9291

Tax Chargeable / Payments > Deductible Allowances

Description Code Total Inadmissible Admissible Action
Deductible Allowances 9009
Workers Welfare Fund u/s 60A 9002
Workers Profit Participation Fund u/s 60B 9003
Charitable Donations u/c 61, Part I, 2nd Schedule 9004

Tax Chargeable / Payments > Tax Reductions

Description Code Total Amount Tax Chargeable Tax Reducted Action
Tax Reductions 9309
Tax Reduction for Foreign film makers 9305
Tax Reduction for Resident Film Making Companies 9306

Page 59

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name: Company 95
Period: 01-Jul-2020 - 30-Jun-2021
Tax Year: 2021
Valid Upto:
Due Date: 31-Dec-2021
Document Date:
Transaction Date: 09-Jun-2021
Registration Number: 7000095
Submission Date: *

Tax Chargeable / Payments > Tax Credits

Description Code Eligible Amount Ineligible Amount Tax Credit Action
Tax Credits 9329
Tax Credit for Charitable Donations u/s 61 9311
Tax Credit for Charitable Donations u/s 61 where the donation is made to associate 9331
Tax Credit for Employment Generation by Manufacturers u/s 64B 9310
BF Tax Credit for Non-Equity Investment in Plant and Machinery u/s 65B 93162
BF Tax Credit for Equity Investment in Plant and Machinery u/s 65B 93164
Tax Credit for Enlistment in Registered Stock Exchange u/s 65C 9317
Tax Credit for Newly Established Industrial Undertaking u/s 65D 9318
Tax Credit for Investment in Plant and Machinery by Existing Company u/s 65E 9319
Tax Credit u/s 103 9320
Tax Credit for Trust / Welfare Institution / Non-Profit Organization u/s 100C 9323
Tax Credit for persons employing fresh graduates u/s 64C (where strength of freshly qualified graduates employed does not exceed 15% of total number of employees) 9327
Tax Credits for share in Tax deducted / collected from AOP 9326

Page 60

Tax Chargeable / Payments > Adjustable Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Adjustable Tax 640000
Import u/s 148 @1% 64010002
Import u/s 148 @2% 64010004
Import u/s 148 @3% 64010006
Import u/s 148 @4% 64010008
Import u/s 148 @4.5% 64010009
Import u/s 148 @5.5% 64010011
Import u/s 148 @6% 64010012
Profit on Debt u/s 151 from NSC / PO Deposits 64040001 +
Profit on Debt u/s 151 from Bank Accounts / Deposits 64040002 +
Profit on Debt u/s 151 from Government Securities 64040003 +
Profit on Debt u/s 151 from Others 64040004 +
Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident u/s 152(2) 64050007
Profit on Debt to a Non-Resident u/s 152(2) 64050008 +
Payment for Goods to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule 64050009
Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule 64050012
Payment for Goods u/s 153(1)(a) @0.25% 64060032
Payment for Goods u/s 153(1)(a) @1% 64060002
Payment for Goods u/s 153(1)(a) @1.5% 64060003
Payment for Goods u/s 153(1)(a) @2% 64060004
Payment for Goods u/s 153(1)(a) @4% 64060008
Payment for Services u/s 153(1)(b) @8% u/c (42) of Part IV of Second Schedule 64060116
Payment of Royalty to Resident Persons u/s 153B @ 15% 64060232
Receipts from Contracts u/s 153(1)(c) @7% 64060214
Rent of Property u/s 155 64080001 +
Cash Withdrawal from Bank u/s 231A 64100101 +

Page 61

Tax Chargeable / Payments > Adjustable Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Certain Banking Transactions u/s 231AA 64100201 +
Motor Vehicle Registration Fee u/s 231B(1) 64100301 +
Motor Vehicle Transfer Fee u/s 231B(2) 64100302 +
Motor Vehicle Sale u/s 231B(3) 64100303 +
Motor Vehicle Leasing u/s 231B(1A) 64100304 +
Margin Financing, Margin Trading or Securities Lending u/s 233AA 64120201
Goods Transport Public Vehicle Tax u/s 234 64130001 +
Passenger Transport Public Vehicle Tax u/s 234 64130002 +
Private Vehicle Tax u/s 234 64130003 +
Electricity Bill of Domestic Consumer u/s 235A 64140101 +
Electricity Bill of Commercial / Industrial Consumer u/s 235 64140050 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +
Prepaid Telephone Card u/s 236(1)(b) 64150003 +
Phone Unit u/s 236(1)(c) 64150004 +
Internet Bill u/s 236(1)(d) 64150005 +
Prepaid Internet Card u/s 236(1)(e) 64150006 +
Purchase by Auction u/s 236A (including renewal of license) 64150101
Domestic Air Ticket Charges u/s 236B 64150201
Sale / Transfer of Immovable Property u/s 236C 64150301
Tax Deducted u/s 236C where property purchased & sold within Tax Year 64150302
Tax Deducted u/s 236C where property purchased prior to current Tax Year 64150303
Issuance of License to Cable Opeartors u/s 236F 64150601
Renewal of License to Cable Opeartors u/s 236F 64150602
Issuance of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150603
Renewal of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150604
Screening of Foreign TV drama serial or play (other than in english) u/s 236F 64150605
Purchase of other commodities by Distributors / Dealers / Wholesalers u/s 236G 64150701
Purchase of Fertilizer by Distributors / Dealers / Wholesalers u/s 236G 64150702
Purchase by Retailers u/s 236H 64150801
Purchase of Others by Retailers u/s 236H 64150804
Issuance / Renewal of License to Dealers / Commission Agents / Arhatis u/s 236J 64151001
Purchase / Transfer of Immovable Property u/s 236K 64151101
Purchase of International Air Ticket u/s 236L 64151201
Banking transactions otherwise than through cash u/s 236P 64151501
Education related expenses remitted abroad u/s 236R 64151701
Advance tax on insurance premium u/s 236U 64151902
Advance tax on extraction of minerals u/s 236V 64151904
Adjustments under 236A for Builders/Developers 64310010
Adjustments under 236K for Builders/Developers 64310011
Tobacco u/s 236X 64152101
Advance tax on On-Money u/s 231B(2A) 64010033

Page 62

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Final / Fixed / Minimum / Average / Relevant / Reduced Tax 640001
Import u/s 148 @1% 64010052
Payable u/s 101A @ 10% 64010041
Payable u/s 101A @ 20% 64010042
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Advance tax u/s 236C for Investment by Non-Resident 64330053
Dividend u/s 150 @25% 64330052
Import u/s 148 @4% 64010058
Import u/s 148 @4.5% 64010059
Payment for Specified Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64330057
Return on Investment in Sukuks u/s 150A @ 10 % 64330054
Return on Investment in Sukuks u/s 150A @ 12.5 % 64330055
Return on Investment in Sukuks u/s 150A @ 25 % 64330056
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import u/s 148 @1.75% 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Import of Packing Material u/s 148 @5.5% 64010181
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Dividend u/s 150 @7.5% 64030052

Page 63

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Dividend u/s 150 @15% 64030055
Person receiving dividend from a company where the company’s income is exempt from tax u/s 5 64030090
In case the sukuk-holder is company u/s 5AA 64030098
Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 64030099
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Tax deductible on SCRA of Non-Residents u/s 152(1D) / Division II, Part III, 1st Schedule 64060061
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) / Division II, Part III, 1st Schedule 64050056
Fee for offshore digital services to a Non-Resident u/s 152(1C) / Division IV, Part I, 1st Schedule 64050057
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094
Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule 64050096 +
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Royalty / Fee for Technical Services to a Non-Resident covered under ADTT 64050097

Page 64

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for foreign produced commercials to a Non-Resident u/s 152A 64050100
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053
Payment for Goods u/s 153(1)(a) @2% 64060054
Payment for Goods u/s 153(1)(a) @4% 64060058
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @8% 64060166
Receipts from Contracts u/s 153(1)(c) @7% 64060264
Fee for Export related Services u/s 153(2) @1% 64060352
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Prize on Prize Bond u/s 156 64090051
Winnings from Crossword Puzzle u/s 156 64090052
Winnings from Raffle u/s 156 64090053
Winnings from Lottery u/s 156 64090054
Winnings from Quiz u/s 156 64090055
Winnings from Sale Promotion u/s 156 64090056
Commission / Discount on petroleum products u/s 156A @12% 64090151
Attributable income from controlled foreign company u/s 109A @ 15% 64120031
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Tax collected u/s 235 from CNG station 64130152 +
Lease of rights to collect tolls u/s 236A(3) 64150102
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Sales of certain petroleum products u/s 236HA 64151653
Dividend Specie u/s 236S @7.5% 64151802
Dividend Specie u/s 236S @25% 64151806
Dividend Specie u/s 236S @15% 64151807
Advance tax on registering or attesting transfer of immovable property u/s 236W 64151951
Capital Gains on Immovable Property u/s 37(1A) 64220050

Page 65

Tax Chargeable / Payments > Final / Fixed / Minimum / Average / Relevant / Reduced Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Capital Gains on Immovable Property u/s 37(3A) where holding period does not exceed 1 year 64220058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 1 year but does not exceed 2 years 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 2 years but does not exceed 3 years 64330058
Capital Gains on Immovable Property u/s 37(3A) where holding period exceed 3 years but does not exceed 4 years 64330059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 4 years 64220060
Capital Gains on Securities u/s 37A @0% 64220151
Capital Gains on Securities u/s 37A @5% (PMEX/Cash Settled Securities) 64220153
Capital Gains on Securities u/s 37A @7.5% 64220157
Capital Gains on Securities u/s 37A @10% 64220158
Capital Gains on Securities u/s 37A @12.5% 64220155
Capital Gains on Securities u/s 37A @15% 64220156
Capital Gains on Securities u/s 37A @ corporate tax rate 64220199
Capital Gains on Securities u/r 6B, 4th Schedule @ Corporate Tax Rate 64220259
Profit on Debt on National Savings Certificates including Defence Saving pertaining to pervious years u/s 39(4A) 64230052
Purchase of Locally Produced Edible Oil u/s 148(A) 64310053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Receipts from Shipping Business of a Non-Resident Person u/s 7 64310065
Receipts from Shipping Business of a resident person u/s 7A 64310055
Fee for Transport Services outside Pakistan u/c (3), Part II, 2nd Sch @1% 64310061
Fee for Advertising services by electronic and print media outside Pakistan u/c (3), Part II, 2nd Sch @0.75% 64310062
Fee for Other Services outside Pakistan u/c (3), Part II, 2nd Sch @4% 64310063
Income derived from sources outside Pakistan by Pakistan Cricket Board u/c (3B), Part II, 2nd Schedule @ 4% 64310064
Receipts for Contracts outside Pakistan u/c (3), Part II, 2nd Schedule @ 3.50% 64310071
Tax on business income of builders u/s 7C (advance tax installments paid under Rule 13S) 64310072
Tax Liability u/s 100D Read with Rule 10 of Eleventh Schedule for Builders/Developers 64310066 +
Tax on business income of developers u/s 7D (advance tax installments paid under Rule 13S) 64310073
Surplus funds of NPO u/s 100C(1A) 64030093

Page 66

Tax Chargeable / Payments > Computations

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Income / (Loss) from Property 2000
Income / (Loss) from Business 3000
Gains / (Loss) from Capital Assets 4000
Income / (Loss) from Other Sources 5000
Foreign Income 6000
Agriculture Income 6100
Total Income 9000
Deductible Allowances 9009
Share of Partner Company in Income of AOP 9011
Taxable Income 9100
Tax Chargeable 9200
Normal Income Tax 920000
Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax 920100
WWF 920900
Tax Reductions 9309
Tax Credits 9329
Tax for Banking Company under Rule (6C) of 7th Schedule @ 37.5% 923148
Tax for Banking Company under Rule (7D) of 7th Schedule @ 20% 923149
Turnover/Tax on Income of Cotton Ginners 9012
Turnover / Tax Chargeable u/s 113 @0.25% 923152
Turnover / Tax Chargeable u/s 113 @0.3% 923163
Turnover / Tax Chargeable u/s 113 @0.75% 923168
Turnover / Tax Chargeable u/s 113 @1.25% (Jan 2019 - June 2019) 923161
Turnover / Tax Chargeable u/s 113 @1.5% 923160
Accounting Profit / Tax Chargeable u/s 113C @17% 923173
Difference of Minimum Tax Chargeable u/s 113 923194

Page 67

Tax Chargeable / Payments > Computations (continued)

Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax Action
Import of Plant and Machinery for Industrial Undertaking u/s 148 @ 5.5% without consideration to business income from such plant and machinery 923185
Super Tax Chargeable 923181
Difference of Alternate Corporate Tax u/s 113C 923197
Difference of Minimum Tax Chargeable u/s 236C (2)(Proviso) 923189
Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) 923198
Difference of Minimum Tax Chargeable 923201
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Adjustment of Alternate Corporate Tax Paid u/s 113C in earlier Year(s) 923196
Turnover / Tax u/s 113 on Companies operating trading houses @0.5% 923195
Withholding Income Tax 9201
Advance Income Tax 9202
Advance Tax Paid under 147 for Builders/Developers 92025
Advance Income Tax u/s 147(A) 92022
Admitted Income Tax 9203
Demanded Income Tax 9204
Advance Income Tax u/s 147(5B) 92021
Refundable Income Tax 9210

Amortization

Description Code WDV (BF) Remaining Useful Years Extent of Use Amortization Action
Intangible 3305 +
Expenditure providing Long Term Advantage / Benefit 330516
Pre-Commencement Expenditure 3306
Intangibles with unascertainable useful life @4% 3307

Depreciation

Description Code WDV (BF) Deletion Addition (Used in Pakistan) Extent of Use Addition (New) Extent of Use Initial Allowance Depreciation WDV (CF) Action
Building (all types) 3302
Ramp for Disabled Persons 330204
Plant / Machinery (not Otherwise specified) 330301
Computer Hardware / Allied Items / Equipment used in manufacture of IT products 330302
Furniture (including fittings) 330303
Technical / Professional Books 330304
Below ground installations of mineral Oil concerns 330305
Offshore Installations of mineral Oil concerns 330306
Office Equipment 330307
Machinery / Equipment eligible for 1st Year Allowance 330308
Motor Vehicle (not plying for hire) 33041
Motor Vehicle (plying for hire) 33042
Ships 33043
Aircrafts / Aero Engines 33044

Page 68

Minimum Tax

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference of Minimum Tax Chargeable Action
Import u/s 148 @1% 64010052
Import u/s 148 @2% 64010054
Import u/s 148 @3% 64010056
Import u/s 148 @4% 64010058
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import of Ships by Ship Breakers u/s 148(8A) @4.5% 64010059
Import of plastic raw materials under PCT heading 39.01 to 39.12 u/s 148 64010081
Import of Edible Oil u/s 148 @5.5% 64010161
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
Import of Packing Material u/s 148 @5.5% 64010181
Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050094

Page 69

Minimum Tax (continued)

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference of Minimum Tax Chargeable Action
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT 64050098
Payment for Goods u/s 153(1)(a) @2% 64060054
Payment for Goods u/s 153(1)(a) @4% 64060058
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule 64050095
Payment for Services u/s 153(1)(b) @1% 64060152
Payment for Goods u/s 153(1)(a) @0.25% 64060082
Payment for Services u/s 153(1)(b) @1.5% 64060153
Payment for Goods u/s 153(1)(a) @1% 64060052
Payment for Goods u/s 153(1)(a) @1.5% 64060053
Payment for Specified Services u/s 153(1)(b) @2% 64060555
Payment for Specified Services u/s 153(1)(b) @3% 64060156
Payment for Services u/s 153(1)(b) @8% 64060166
Receipts from Contracts u/s 153(1)(c) @7% 64060264
Fee for Export related Services u/s 153(2) @1% 64060352
No. of imported mobile phones u/s 148 up to 30$ @ Rs. 70 64120045
No. of imported mobile phones u/s 148 exceeding 30$ up to 100$ @ Rs. 100 64120046
No. of imported mobile phones u/s 148 exceeding 100$ up to 200$ @ Rs. 930 64120047
No. of imported mobile phones u/s 148 exceeding 200$ up to 350$ @ Rs. 970 64120048
No. of imported mobile phones u/s 148 exceeding 350$ up to 500$ @ Rs. 3000 64120049
No. of imported mobile phones u/s 148 exceeding 500$ @ Rs. 5200 64120050
Brokerage / Commission u/s 233 @5% 64120060
Brokerage / Commission u/s 233 @8% 64120066
Brokerage / Commission u/s 233 @10% 64120070
Brokerage / Commission u/s 233 @12% 64120074
CNG Station Gas Bill u/s 234A 64130151
Payment for use or right to use industrial, commercial and scientific equipment u/s 236Q (1) 64151651
Rent of Machinery and equipment u/s 236Q (2) 64151652
Fee for Goods Transport Contractor u/c (43E), Part IV, 2nd Schedule 64320053
Fee for Carriage Services by Oil Tanker u/c (43D), Part IV, 2nd Schedule 64320051

Option out of PTR

Description Code Receipts / Value Tax Collected / Deducted / Paid Tax Chargeable Attributable Taxable Income Tax on Attributable Taxable Income Difference (Option Valid if <=0) Action
Export Proceeds u/s 154(1) @1% 64070054
Foreign Indenting Commission u/s 154(2) 64070151
Sale Proceeds of goods to exporter u/s 154(3) 64070152
Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
Contract Payments to indirect exporter u/s 154(3B) 64070154
Export Proceeds u/s 154(3C) 64070155
Commission / Discount on petroleum products u/s 156A @12% 64090151

Page 70

Payment

CPR No. Date Amount Code Description Amount Tax Year
No records found.

Head Wise Summary

Head of Account Account
No records found.

Company Director

Share Holder's Name

Registration No. Proprietor/Member/Patner Name % In Capital Capital Amount
No records found.

Attachment

Code Description Action
3000 Final Accounts +

0 record(s) found

Attribute

Attributes Value Action
Business Sector-1
Business Sector-2
Business Sector-3
Business Sector-4
Business Sector-5
Person Status
Residence Status
Do you have any transactions with Non-Resident associates (exceeding PKR 50 Millions)
Special Tax Rate for companies qualifying for 2% tax rate reduction from existing rates under clause (18B) of Part II of Second Schedule
Special Tax Rate for Dividend covered under ADDT
Special Tax Rate for Royalty / Fee for Technical Services covered under ADDT
Special Tax Rate for Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident covered under ADDT
Special Tax Rate for Profit on Debt to a Non-Resident covered under ADDT
Special Tax Rate for Shipping Income
Special Tax Rate for Exploration and Production of Petroleum Income
Has the company received from or provided to any non-resident any service, transfer of tangible or intangible property, or anything whatsoever, for which there was nil consideration?
Has the company entered into any transaction by way of a mutual agreement / arrangement for the transfer / allocation / apportionment of profits / gains ?
Has the company entered into any transaction by way of a mutual agreement / arrangement for the allocation / apportionment of or contribution to any cost or expense incurred or to be incurred in connection with a benefit, service or facility provided or to be provided by any one or more of such enterprises.
Did a non-resident participate directly or indirectly in your capital, management or control during the tax year ?
State the number of associates with which you had dealings during the tax year.
Class for Issuance / Renewal of License u/s 236J

Page 71

Verification

I, Enter Name, CNIC No. Enter CNIC No, as Self / Member of Association of Persons / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge & belief the information given in this Return / Statement is correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Verify Pin

"

Page 72

  1. This Notification shall be applicable for the tax year 2021.

[F. No. 1(11)R&S/2021]

(Tariq Iqbal)
Secretary (Rules & SROs)

Related Income Tax SROs on return forms

  • SRO 1073(I)/202127 August 2021Manual Income Tax Return Forms for Individual and AOPS for Tax Year 2021
  • SRO 1022(I)/202116 August 2021Draft Income tax Return Forms Manual for Individual and AOPs for Tax Year 2021draft
  • SRO 853(I)/20211 July 2021Income Tax Return Forms for Salaried Persons, AOPs, Business Individual and Companies for Tax Year 2021
  • SRO 1316(I)/20209 December 2020Simplified Income Tax Return for manufacturers having turnover less than Rs. 500 millions
  • SRO 1261(I)/202026 November 2020Draft Simplified Income Tax Return for Manufacturers having turnover less than Rs. 50 millionsdraft
  • SRO 1185(I)/20206 November 2020Rules in respect of prescribing time limit for notifying Income Tax Return forms

All SROs on return forms

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