Regarding Income Tax Return Forms for Salaried Persons, AOPs Companies and Business Individuals for Tax Year,2023
SRO 778(I)/2023Return forms
SRO 778(I)/2023 is an Income Tax SRO dated 27 June 2023, listed by FBR as "Regarding Income Tax Return Forms for Salaried Persons, AOPs Companies and Business Individuals for Tax Year,2023".
FBR publishes pages of this SRO as scanned images, so 22 of its 80 pages were transcribed by Qanoon Digest from the page images, with tables set out as tables. Pages marked as typed text come from the PDF itself. Check the official PDF before relying on any wording or figure.
Page 1
Government of Pakistan
Revenue Division
Federal Board of Revenue
Notification
(Income Tax)
Islamabad, the 27th June, 2023.
S.R.O. 778(I)/2023.- In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published vide Notification No. S.R.O. 746(I)/2023, dated 19th June, 2023 as required by sub-section (3) of section 237 of the said Ordinance, namely:-
In the aforesaid Rules, in the Second Schedule, after Part-II-W, the following new Part-II-X shall be added, namely:-
Page 3
Task: 114(1) (Return of Income filed voluntarily for complete year)
Name: ARABIAN SEA ENTERPRISES LIMITED
Period: 01-Jul-2021 - 30-Jun-2022
Tax Year: 2022
Valid Upto:
Due Date: 31-Dec-2022
Document Date:
Transaction Date: 15-Jun-2023
Registration Number: 7000001
Submission Date: *
Tabs: Data, Amortization, Depreciation, Minimum Tax, Option out of PTR, Payment, Company Director, Attachment, Attribute, Verification
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 | ||||
| Consumed | 3069 | ||||
| Domestic Raw Material / Components Consumed | 3065 | ||||
| Import Raw Material / Components Consumed | 3066 | ||||
| Stores / Spares Consumed | 3067 |
Page 7
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 2017 | 327017 | ||||
| Unadjusted (Loss) from Business for 2018 | 327018 | ||||
| Unadjusted (Loss) from Business for 2019 | 327019 | ||||
| Unadjusted (Loss) from Business for 2020 | 327020 | ||||
| Unadjusted (Loss) from Business for 2021 | 327021 | ||||
| Unadjusted (Loss) from Business for 2022 | 327022 |
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 11
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 Employment Generation by Manufacturers u/s 64B | 9310 | ||||
| Tax credit u/s 64D for POS machine | 9332 | ||||
| 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 Newly Established Industrial Undertaking u/s 65D | 9318 | ||||
| Tax Credit for Certain Persons (Coal Mining Projects, Startups) u/s 65F | 931901 | ||||
| Tax Credit for Investment in Plant and Machinery by Existing Company u/s 65E | 9319 | ||||
| Investment Tax Credit for Specified industrial undertaking u/s 65G | 931902 | ||||
| Tax credit u/s 65G specified Industrial Undertakings | 931903 | ||||
| Tax Credit u/s 103 | 9320 | ||||
| Tax credit for Charitable Organizations u/s 100C | 9323 | ||||
| Tax Credit for Charitable Donations u/s 61 where the donation is made to associate | 9331 | ||||
| Tax Credits for share in Tax deducted / collected from AOP | 9326 |
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 @ 15% | 64040005 | ||||
| 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 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 Immoveable 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) | 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 Commercial / Industrial Consumer u/s 235 | 64140050 | + |
Page 13
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 | ||||
| Import u/s 148 @3.5% | 64010084 | ||||
| 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 151(1A) @ 10% | 64330054 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 12.5% | 64330055 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 25% | 64330056 | ||||
| Dividend u/s 150 @0% | 64330066 | ||||
| Dividend u/s 150 @35% | 64330067 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 10% | 64330061 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 12.5% | 64330062 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 25% | 64330063 | ||||
| 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 White Crystalline Sugar u/s 148 @0.25% | 64010191 | ||||
| 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 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 350$ up to 500$ @ Rs. 5000 | 64120087 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 500$ @ Rs. 11500 | 64120088 | ||||
| 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 | ||||
| In case the sukuk-holder is company u/s 5AA | 64030098 |
Page 14
| Description | Code | Receipts / Value | Tax Collected / Deducted | Tax Chargeable | Action |
|---|---|---|---|---|---|
| Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 | 64030099 | ||||
| Profit on debt from investment in Federal Government securities-under clause (20), Part III,Second Schedule | 64040053 | ||||
| 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 from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | ||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | ||||
| 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 to Non-resident u/s 152(2) for profit on debt / u/c (5A) @ 10%, 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 to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule | 64050009 | ||||
| Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT | 64050098 | ||||
| Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule | 64050012 | ||||
| Payment for foreign produced commercials to a Non-Resident u/s 152(1BA) @ 20% | 64050100 | ||||
| Payment for Goods u/s 153(1)(a) @0.5% | 64060051 | ||||
| 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) @0.5% | 64060151 | ||||
| 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 | ||||
| Receipts from contracts u/s 153(1)(c) @ 6.5% | 64060284 | ||||
| Fee for Export related Services u/s 153(2) @1% | 64060352 | ||||
| Export Proceeds u/s 154(1) @1% | 64070054 | ||||
| Foreign Indenting Commission u/s 154A(1)(da) / Division IVA, Part III, First Schedule | 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 |
Page 15
| 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 | + | |||
| Lease of rights to collect tolls u/s 236A(3) | 64150102 | ||||
| Sales of certain petroleum products u/s 236HA | 64151653 | ||||
| Advance tax u/s 236K for Non-Resident Transferee | 64151952 | ||||
| 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 but does not exceed 5 years | 64220060 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 5 years but does not exceed 6 years | 64330064 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 6 years | 64330065 | ||||
| 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% (securities acquired before July 01, 2022 regardless of holding period) | 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 Income of Cotton Ginners u/c 17, Part III, 2nd Schedule (Cotton ginning and oil milling activity only) | 64330060 | ||||
| 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 | ||||
| Export of services u/s 154A @1% | 64060285 | ||||
| Export of Services u/s 154A @ 0.25% | 64060290 | ||||
| No. of Episodes of foreign produced TV drama serial or play u/s 236CA (1) | 64150507 | ||||
| Foreign produced TV play (single episode) u/s 236CA (2) | 64150509 | ||||
| Total duration (in seconds) for advertisements starring foreign actor u/s 236CA (3) | 64150510 | ||||
| Tax deduction on payments to persons engaged in international money transfer or cross border remittances u/s 152(1DC) / Division IV, Part I, 1st Schedule @ 10% | 64210057 | ||||
| Tax deduction on payment to persons to card network company/payment gateway or any other persons/interbank financial telecommunication services u/s 152(1DD) / Division IV, Part I, 1st Schedule @ 10% | 64210058 |
Page 16
Tax Chargeable / Payments: Capital Assets u/s 7E
| Description | Code | Cost / Declared Value | Fair Market Value | Action |
|---|---|---|---|---|
| Agriculture Property excluding Farmhouse | 7100 | + | ||
| Farmhouse | 7101 | + | ||
| Residential Property | 7102 | + | ||
| Commercial Property | 7103 | + | ||
| Industrial Property | 7104 | + | ||
| Any other immovable capital asset | 7105 | + | ||
| Total Value of capital assets | 7106 | |||
| Total value of capital assets taxable under section 7E | 7107 | |||
| Deemed Income under section 7E | 7108 | |||
| Tax on deemed income under section 7E | 923183 |
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 @ 49% | 923147 | ||||
| Tax for Banking Company under Rule (6C) of 7th Schedule @ 55% | 923148 | ||||
| Tax for Banking Company under Rule (7D) of 7th Schedule @ 20% | 923149 | ||||
| Tax for Banking Company under Rule (7E) of 7th Schedule @ 20% | 923145 | ||||
| Tax for Banking Company under Rule (7F) of 7th Schedule @ 20% | 923146 | ||||
| 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 @1.5% | 923160 | ||||
| Turnover Tax Chargeable u/s 113 @ 1.25% | 923161 | ||||
| Accounting Profit / Tax Chargeable u/s 113C @17% | 923173 | ||||
| Difference of Minimum Tax Chargeable u/s 113 | 923194 | ||||
| Tax on High Earning Persons u/s 4C | 9231822 | ||||
| Tax on deemed income u/s 7E @20% (Of 5% of FMV) | 923183 | ||||
| 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 Chargeable u/s 113 @ 0.5% | 923195 |
Page 18
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 @3.5% | 64010084 | |||||||
| 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 | |||||||
| Import of White Crystalline Sugar u/s 148 @0.25% | 64010191 | |||||||
| 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 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 | |||||||
| Fee for advertisement services to a Non resident u/s 152(1AAA) | 64050056 | |||||||
| 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) @0.5% | 64060151 | |||||||
| Payment for Services u/s 153(1)(b) @1% | 64060152 | |||||||
| Payments for Contracts to a PE of a Non resident u/s 152(2A)(c) | 64050012 | |||||||
| Payments for Goods to a PE of a Non resident u/s 152(2A)(a) | 64050009 | |||||||
| Tax deductible from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | |||||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | |||||||
| 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) @0.5% | 64060051 | |||||||
| 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 | |||||||
| Receipts from contracts u/s 153(1)(c) @ 6.5% | 64060284 | |||||||
| 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 | |||||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 350$ up to 500$ @ Rs. 5000 | 64120087 | |||||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 500$ @ Rs. 11500 | 64120088 | |||||||
| 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 | |||||||
| 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 | |||||||
| No. of Episodes of foreign produced TV drama serial or play u/s 236CA (1) | 64150507 | |||||||
| No. of Plays for foreign produced TV play (single episode) u/s 236CA (2) | 64150509 | |||||||
| Total duration (in seconds) for advertisements starring foreign actor u/s 236CA (3) | 64150510 |
Page 27
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 @ 15% | 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 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 Immoveable 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 | + | |||
| 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 | ||||
| Advance Tax on Functions and Gatherings u/s 236D | 64150406 | ||||
| Functions / Gatherings Charges u/s 236CB (ATL @ 10% / Non-ATL @ 20%) | 64150407 | ||||
| Withholding tax on Sale Considerations u/s 37(6) @ 10% | 64220160 | ||||
| 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 | ||||
| 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 |
Page 28
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 | ||||
| Import u/s 148 @3.5% | 64010084 | ||||
| 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 151(1A) @ 10% | 64330054 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 12.5% | 64330055 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 25% | 64330056 | ||||
| Dividend u/s 150 @0% | 64330066 | ||||
| Dividend u/s 150 @35% | 64330067 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 10% | 64330061 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 12.5% | 64330062 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 25% | 64330063 | ||||
| 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 White Crystalline Sugar u/s 148 @0.25% | 64010191 | ||||
| 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 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 350$ up to 500$ @ Rs. 5000 | 64120087 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 500$ @ Rs. 11500 | 64120088 | ||||
| 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 |
Page 29
| Description | Code | Receipts / Value | Tax Collected / Deducted | Tax Chargeable | Action |
|---|---|---|---|---|---|
| Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 | 64030099 | ||||
| Profit on debt from investment in Federal Government securities-under clause (20), Part III,Second Schedule | 64040053 | ||||
| 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 from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | ||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | ||||
| 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 to Non-resident u/s 152(2) for profit on debt / u/c (5A) @ 10%, 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 to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule | 64050009 | ||||
| Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT | 64050098 | ||||
| Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule | 64050012 | ||||
| Payment for foreign produced commercials to a Non-Resident u/s 152(1BA) @ 20% | 64050100 | ||||
| Payment for Goods u/s 153(1)(a) @0.5% | 64060051 | ||||
| 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) @0.5% | 64060151 | ||||
| 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% | 64060283 | ||||
| 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 154A(1)(da) / Division IVA, Part III, First Schedule | 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 |
Page 30
| Description | Code | Receipts / Value | Tax Collected / Deducted | Tax Chargeable | Action |
|---|---|---|---|---|---|
| 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 | + | |||
| 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 | ||||
| Sales of certain petroleum products u/s 236HA | 64151653 | ||||
| Advance tax u/s 236K for Non-Resident Transferee | 64151952 | ||||
| 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 but does not exceed 5 years | 64220060 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 5 years but does not exceed 6 years | 64330064 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 6 years | 64330065 | ||||
| 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% (securities acquired before July 01, 2022 regardless of holding period) | 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 5 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 | ||||
| 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 Income of Cotton Ginners u/c 17, Part III, 2nd Schedule (Cotton ginning and oil milling activity only) | 64330060 | ||||
| Tax on business income of developers u/s 7D (advance tax installments paid under Rule 13S) | 64310073 | ||||
| Export of services u/s 154A @1% | 64060285 | ||||
| Export of Services u/s 154A @ 0.25% | 64060290 | ||||
| No. of Episodes of foreign produced TV drama serial or play u/s 236CA (1) | 64150507 | ||||
| Foreign produced TV play (single episode) u/s 236CA (2) | 64150509 | ||||
| Total duration (in seconds) for advertisements starring foreign actor u/s 236CA (3) | 64150510 | ||||
| Tax deduction on payments to persons engaged in international money transfer or cross border remittances u/s 152(1DC) / Division IV, Part I, 1st Schedule @ 10% | 64210057 | ||||
| Tax deduction on payment to persons to card network company/payment gateway or any other persons/interbank financial telecommunication services u/s 152(1DD) / Division IV, Part I, 1st Schedule @ 10% | 64210058 |
Page 31
Tax Chargeable / Payments: Capital Assets u/s 7E
| Description | Code | Cost / Declared Value | Fair Market Value | Action |
|---|---|---|---|---|
| Agriculture Property excluding Farmhouse | 7100 | + | ||
| Farmhouse | 7101 | + | ||
| Residential Property | 7102 | + | ||
| Commercial Property | 7103 | + | ||
| Industrial Property | 7104 | + | ||
| Any other immovable capital asset | 7105 | + | ||
| Total Value of capital assets | 7106 | |||
| Total value of capital assets taxable under section 7E | 7107 | |||
| Deemed Income under section 7E | 7108 | |||
| Tax on deemed income under section 7E | 923183 |
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 @1.5% | 923160 | ||||
| Turnover Tax Chargeable u/s 113 @ 1.25% | 923161 | ||||
| Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 | 923193 | ||||
| Difference of Minimum Tax Chargeable u/s 113 | 923194 | ||||
| Tax on High Earning Persons u/s 4C | 9231822 | ||||
| Tax on deemed income u/s 7E @20% (Of 5% of FMV) | 923183 | ||||
| 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 147A | 92022 | ||||
| Admitted Income Tax | 9203 | ||||
| Demanded Income Tax | 9204 | ||||
| Refundable Income Tax | 9210 |
Page 33
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 @3.5% | 64010084 | |||||||
| 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 | |||||||
| Import of White Crystalline Sugar u/s 148 @0.25% | 64010191 | |||||||
| 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 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 | |||||||
| Fee for advertisement services to a Non resident u/s 152(1AAA) | 64050056 | |||||||
| 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) @0.5% | 64060151 | |||||||
| Payment for Services u/s 153(1)(b) @1% | 64060152 | |||||||
| Payments for Contracts to a PE of a Non resident u/s 152(2A)(c) | 64050012 | |||||||
| Payments for Goods to a PE of a Non resident u/s 152(2A)(a) | 64050009 | |||||||
| Tax deductible from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | |||||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | |||||||
| 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) @0.5% | 64060051 | |||||||
| 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 | |||||||
| Receipts from Contracts u/s 153(1)(c) @ 7% | 64060283 | |||||||
| 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 |
Page 36
No text layer on this page. See page 36 of the official file.
Page 44
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 | ||||
| Profit on Debt u/s 151 @ 15% | 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 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 Immoveable 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 Commercial / Industrial Consumer u/s 235 | 64140050 | + | |||
| Electricity Bill of Domestic Consumer u/s 235 | 64140101 | + | |||
| 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 | + |
Page 46
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 | ||||
| Import u/s 148 @3.5% | 64010084 | ||||
| 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 151(1A) @ 10% | 64330054 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 12.5% | 64330055 | ||||
| Return on Investment in Sukuks u/s 151(1A) @ 25% | 64330056 | ||||
| Dividend u/s 150 @0% | 64330066 | ||||
| Dividend u/s 150 @35% | 64330067 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 10% | 64330061 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 12.5% | 64330062 | ||||
| Return on investment in Sukuks to a Non- Resident u/s 152(1DB) @ 25% | 64330063 | ||||
| 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 White Crystalline Sugar u/s 148 @0.25% | 64010191 | ||||
| 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 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 350$ up to 500$ @ Rs. 5000 | 64120087 | ||||
| No. of imported mobile phones under CBU category u/s 148 exceeding 500$ @ Rs. 11500 | 64120088 | ||||
| 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 |
Page 47
| Description | Code | Receipts / Value | Tax Collected / Deducted | Tax Chargeable | Action |
|---|---|---|---|---|---|
| Profit on debt from investment in Federal Government securities-under clause (20), Part III,Second Schedule | 64040053 | ||||
| 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 | ||||
| Profit on Debt u/s 151 u/c 5AB, Part II, Second Schedule (ATL @10%, non-ATL @20%) | 64040056 | ||||
| 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 from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | ||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | ||||
| 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 to Non-resident u/s 152(2) for profit on debt / u/c (5A) @ 10%, 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 to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule | 64050009 | ||||
| Payment for Goods, Services, Contracts, Rent, Capital Gains, etc. to a Non-Resident covered under ADTT | 64050098 | ||||
| Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule | 64050012 | ||||
| Payment for foreign produced commercials to a Non-Resident u/s 152(1BA) @ 20% | 64050100 | ||||
| Payment to a Non-Resident on disposal of Debt instruments /securities / certificates u/s 152(1DA) @10% | 64060354 | ||||
| Payment for Goods u/s 153(1)(a) @0.5% | 64060051 | ||||
| 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) @0.5% | 64060151 | ||||
| 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% | 64060283 | ||||
| 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 154A(1)(da) / Division IVA, Part III, First Schedule | 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 |
Page 48
| Description | Code | Receipts / Value | Tax Collected / Deducted | Tax Chargeable | Action |
|---|---|---|---|---|---|
| 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 | + | |||
| Electricity Bill of Commercial Consumer u/s 235 | 64140051 | + | |||
| Electricity Bill of Domestic Consumer u/s 235 | 64140053 | + | |||
| Electricity Bill of Industrial Consumer u/s 235 | 64140052 | + | |||
| Lease of rights to collect tolls u/s 236A(3) | 64150102 | ||||
| Sales of certain petroleum products u/s 236HA | 64151653 | ||||
| Advance tax u/s 236K for Non-Resident Transferee | 64151952 | ||||
| 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 but does not exceed 5 years | 64220060 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 5 years but does not exceed 6 years | 64330064 | ||||
| Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 6 years | 64330065 | ||||
| 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% (securities acquired before July 01, 2022 regardless of holding period) | 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 5 million) | 64310056 | + |
Page 50
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 @1.5% | 923160 | ||||
| Turnover Tax Chargeable u/s 113 @ 1.25% | 923161 | ||||
| Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 | 923193 | ||||
| Difference of Minimum Tax Chargeable u/s 113 | 923194 | ||||
| Tax on High Earning Persons u/s 4C | 9231822 | ||||
| Tax on deemed income u/s 7E @20% (Of 5% of FMV) | 923183 | ||||
| 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 147A | 92022 | ||||
| Admitted Income Tax | 9203 | ||||
| Demanded Income Tax | 9204 | ||||
| Refundable Income Tax | 9210 |
Page 54
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 @3.5% | 64010084 | |||||||
| 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 | |||||||
| Import of White Crystalline Sugar u/s 148 @0.25% | 64010191 | |||||||
| 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 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 | |||||||
| Fee for advertisement services to a Non resident u/s 152(1AAA) | 64050056 | |||||||
| 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) @0.5% | 64060151 | |||||||
| Payment for Services u/s 153(1)(b) @1% | 64060152 | |||||||
| Payments for Contracts to a PE of a Non resident u/s 152(2A)(c) | 64050012 | |||||||
| Payments for Goods to a PE of a Non resident u/s 152(2A)(a) | 64050009 | |||||||
| Tax deductible from non-residents on capital gains on debt instruments/Government securities invested through SCRA u/s 152(1D) /Division II, Part III,1st Schedule | 64060061 | |||||||
| Tax deductible from non-residents on capital gains on disposal of debt instruments/Government securities/certificates invested through FCVA/NRVA u/s 152(1DA) /Division II, Part III,1st Schedule | 64050050 | |||||||
| 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) @0.5% | 64060051 | |||||||
| 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 | |||||||
| Receipts from Contracts u/s 153(1)(c) @ 7% | 64060283 | |||||||
| 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 |
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- This Notification shall be applicable for the tax year 2023.
[F.No. 1(5)R&S/2023]
(Usman Asghar)
Secretary (Rules & SROs)
Related Income Tax SROs on return forms
- SRO 895(I)/202421 June 2024Draft Income Tax Return Forms for Salaried Persons, AOP, Companies, Business Individuals etc. for Tax Year 2024
- SRO 779(I)/202327 June 2023Regarding Manual Income Tax Return for Individuals for Tax Year, 2023
- SRO 746(I)/202319 June 2023Income Tax Return for Salaried Persons, AOPs, Companies and Business Individuals for Tax Year 2023
- SRO 745(I)/202319 June 2023Manual Income Tax Return for Individuals for Tax Year 2023
- SRO 1733(I)/202213 September 2022Manual Income Tax Return Forms for Tax Year 2022
- SRO 1612(I)/202226 August 2022Draft Manual Income Tax Return Form