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Final Income Tax Return Forms for Business Individuals, Salaried Persons, AOPs, Individual Paper Return and Companies for Tax Year 2020

SRO 822(I)/2020Return forms

SRO 822(I)/2020 is an Income Tax SRO dated 8 September 2020, listed by FBR as "Final Income Tax Return Forms for Business Individuals, Salaried Persons, AOPs, Individual Paper Return and Companies for Tax Year 2020".

FBR publishes pages of this SRO as scanned images, so 65 of its 142 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

Islamabad, the 8th September, 2020.

NOTIFICATION

(Income Tax)

S.R.O. 822(I)/2020.- In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published vide Notification No. S.R.O. 745(I)/2020, dated the 19th August, 2020 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-P, the following new Part-II-Q shall be added, namely:-

Page 2

No text layer on this page. See page 2 of the official file.

Page 9

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement

Calculate

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Adjustable Tax 640000
Salary of Federal Government Employees u/s 149 64020001
Salary of Provincial Government Employees u/s 149 64020002
Salary of Corporate Sector Employees u/s 149 64020003
Salary of Other 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
Withdrawal from Pension Fund u/s 156B 64090201
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 +
Electricity Bill of Domestic Consumer u/s 235A 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 +
Internet Bill u/s 236(1)(d) 64150005 +
Purchase by Auction u/s 236A 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
Functions / Gatherings Charges u/s 236D 64150401
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
Education related expenses remitted abroad u/s 236R 64151701
General insurance premium u/s 236U 64151902
Life insurance premium u/s 236U 64151903
Persons remitting amount abroad through credit / debits / prepaid cards u/s 236Y 64151905

Page 11

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement

Calculate

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
Super Tax Chargeable 923181
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 12

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets; Net Assets

Calculate

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 13

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets; Net Assets

Calculate

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 +
Personal Expenses 7089 +
Gift 7091
Total Assets 7019
Credit (Non-Business) (Advance / Borrowing / Credit / Deposit / Loan / Mortgage / Overdraft / Payable) 7021 +
Total Liabilities 7029

Page 14

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets; Net Assets

Calculate

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

Page 15

Tabs: Data | Payment | Attribute | Verification

Menu: Employment; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets; Net Assets

Calculate

Description Code Amount Action
No records found.

Page 19

Electronic Return for AOPs

Edit | Save | Submit | Cancel | Print

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name: Association of Persons 7
Period: 01-Jul-2019 - 30-Jun-2020 | Tax Year: 2020 | Valid Upto: | Due Date: 30-Sep-2020 | Document Date:
Transaction Date: 31-Aug-2020
Registration Number: 2000007
Submission Date: *

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

Menu: Property; Business; Capital Assets; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Foreign Sources; Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 22

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

Menu: Property; Receipts / Deductions; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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
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 23

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

Menu: Property; Receipts / Deductions; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 28(1)(b) Lease Rental not admissible 3220
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(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
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
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 35

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 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 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +

Page 37

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 @4% 64010058
Import u/s 148 @4.5% 64010059
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import u/s 148 @1.75% 64010081
Import u/s 148 @2.75% 64010082
Import u/s 148 @4.125% 64010083
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
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
Tax Withheld u/s 151 (if amount u/s 7B not exceeding 36 million) 64040055
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) @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
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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

Page 38

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
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
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 @15% 64151807
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 exceeds 1 year but does not exceed 8 years (where ¾ of amount provided shall be considered) 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 8 years 64220060
Capital Gains on Immovable Property u/s 37(3B) where holding period does not exceed 1 year 64220061
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 1 year but does not exceed 4 years (where ¾ of amount provided shall be considered) 64220062
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 4 years 64220063
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 @12.5% 64220155
Capital Gains on Securities u/s 37A @15% 64220156
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 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
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 on business income of developers u/s 7D (advance tax installments paid under Rule 13S) 64310073

Page 39

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 Credits 9329
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
Super Tax Chargeable 923181
Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 923193
Difference of Minimum Tax Chargeable u/s 113 923194
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 u/s 148(8) / 153(3)(b) 923192
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Withholding Income Tax 9201
Advance Income Tax 9202
Difference of Minimum Tax Chargeable u/s 148(7) 923201
Difference of Minimum Tax Chargeable u/s 148(8A) 923202
Difference of Minimum Tax Chargeable u/s 152(1A)(a) / 152(1AA) / 153(1)(a) / 153(1)(c) / 153(2) 923203
Difference of Minimum Tax Chargeable u/s 233(2A) / 233(1) 923204
Difference of Minimum Tax Chargeable u/s 234A 923205
Turnover / Minimum Tax Chargeable u/s 113 in case of traders having turnover up to Rs. 100 million @0.5% 923206
Advance Income Tax u/s 147(A) 92022
Admitted Income Tax 9203
Demanded Income Tax 9204
Refundable Income Tax 9210

Page 42

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

Import Previous Return | Calculate

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 u/s 148 @2.75% 64010082
Import u/s 148 @4.125% 64010083
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 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 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) @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
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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
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 49

Electrical Return for Companies

Edit | Save | Submit | Cancel | Print

Task: 114(1) (Return of Income filed voluntarily for complete year)
Name:
Period: 01-Jul-2019 - 30-Jun-2020 | Tax Year: 2020 | Valid Upto: | Due Date: 31-Dec-2020 | Document Date:
Transaction Date:
Registration Number:
Submission Date: *

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 50

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

Menu: Property; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Transactions > PKR 50 Million with Non-Residents Associates; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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
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 52

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

Menu: Property; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Transactions > PKR 50 Million with Non-Residents Associates; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 53

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

Menu: Property; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Transactions > PKR 50 Million with Non-Residents Associates; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 28(1)(b) Lease Rental not admissible 3220
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(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
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
Other Inadmissible Deductions 3234
Add Backs Accounting (Loss) on Sale of Intangibles 3235
Add Backs Accounting (Loss) on Sale of Assets 3236
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
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
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 55

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

Menu: Property; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Transactions > PKR 50 Million with Non-Residents Associates; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 56

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

Menu: Property; Business; Manufacturing / Trading Items; Other Revenues; Management, Administrative, Selling & Financial Expenses; Inadmissible / Admissible Deductions; Adjustments; Business Assets / Equity / Liabilities; Transactions > PKR 50 Million with Non-Residents Associates; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments

Calculate | Import Previous Return

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 66

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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) @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 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 +
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 Consumer u/s 235 64140001 +
Electricity Bill of Industrial Consumer u/s 235 64140002 +
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 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

Page 68

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 @4% 64010058
Import u/s 148 @4.5% 64010059
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
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
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 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) @3% 64060156
Payment for Services u/s 153(1)(b) @8% 64060166
Receipts from Contracts u/s 153(1)(c) @7% 64060264
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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

Page 69

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
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% 6415180[illegible]
Dividend Specie u/s 236S @15% 64151807
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 exceeds 1 year but does not exceed 8 years (where ¾ of amount provided shall be considered) 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 8 years 64220060
Capital Gains on Immovable Property u/s 37(3B) where holding period does not exceed 1 year 64220061
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 1 year but does not exceed 4 years (where ¾ of amount provided shall be considered) 64220062
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 4 years 64220063
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
Dividend Specie u/s 236S @25% 6415180[illegible]
Dividend Specie u/s 236S @15% 64151807
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 exceeds 1 year but does not exceed 8 years (where ¾ of amount provided shall be considered) 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 8 years 64220060
Capital Gains on Immovable Property u/s 37(3B) where holding period does not exceed 1 year 64220061
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 1 year but does not exceed 4 years (where ¾ of amount provided shall be considered) 64220062
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 4 years 64220063
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 [illegible]B, 4th Schedule @ Corporate Tax Rate 64220259
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 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.[illegible]% 64310071
Tax on business income of builders u/s 7C (advance tax installments paid under Rule 13S) 64310072
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) 6403009[illegible]
Taxable income arising from additional advances to micro, small and medium enterprises under Rule 7D of 7th Schedule 6431007[illegible]
Taxable income arising from additional income earned from additional investment in Federal Government Securities under Rule 6C of 7th Schedule 64310074
Accounting Profit after Tax 6403009[illegible]

Page 70

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

Menu: Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations

Calculate | Import Previous Return

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 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 for Yarn Traders having Turnover upto 100 million u/s 113 @0.5% 923155
Turnover / Tax Chargeable u/s 113 @1.5% 923160
Accounting Profit / Tax Chargeable u/s 113C @17% 923173
Super Tax Chargeable 923181
Difference of Minimum Tax Chargeable u/s 113 923194
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 u/s 148(8) / 153(3)(b) 923192
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
Difference of Minimum Tax Chargeable u/s 148(7) 923201
Difference of Minimum Tax Chargeable u/s 148(8A) 923202
Difference of Minimum Tax Chargeable u/s 152(1A)(a) / 152(1A)(b) / 152(1A)(c) / 152(1AA) / 153(1)(a) / 153(1)(c) / 153(2) 923203
Difference of Minimum Tax Chargeable u/s 233(2A) / 233(1) 923204
Difference of Minimum Tax Chargeable u/s 234A 923205
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

Page 73

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

Import Previous Return | Calculate

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
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 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) @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
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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
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 80

Part-II-Q

Instructions for Filling in Return Form & Wealth Statement

Form Instructions
General The following persons are required to furnish a return of income for a tax year: (a) Every company; (b) Every person (other than a company) whose taxable income for the year exceeds PKR 400,000; (c) Every non-profit organization as defined in clause (36) of section 2; (d) Every welfare institution approved under clause (58) of Part I of the Second Schedule; (e) Every person who has been charged to tax in respect of any of the two preceding tax years; (f) Every person who claims a loss carried forward under this Ordinance for a tax year; (g) Every person who owns immovable property with a land area of two hundred and fifty square yards or more or owns any flat located in areas falling within the municipal limits existing immediately before the commencement of Local Government laws in the provinces; or areas in a Cantonment; or the Islamabad Capital Territory; (h) Every person who owns immoveable property with a land area of five hundred square yards or more located in a rating area; (i) Every person who owns a flat having covered area of two thousand square feet or more located in a rating area; (j) Every person who owns a motor vehicle having engine capacity above 1000 CC; (k) Every person who has obtained National Tax Number; (l) Every person who is the holder of commercial or industrial connection of electricity where the amount of annual bill exceeds rupees five hundred thousand; (m) Every person who is registered with any chamber of commerce and industry or any trade or business association or any market committee or any professional body including Pakistan Engineering Council, Pakistan Medical and Dental Council, Pakistan Bar Council or any Provincial Bar Council, Institute of Chartered Accountants of Pakistan or Institute of Cost and Management Accountants of Pakistan; (n) Every individual whose income under the head Business exceeds PKR 300,000 but does not exceed PKR 400,000 in a tax year. (o) Every individual & AOP deriving property income exceeding Rs. 200,000 The following errors / omissions shall render a Return invalid & make the taxpayer a non-filer & liable to penalty under section 182(1): (a) Return on which CNIC is missing or incorrect or invalid; (b) Return on which mandatory fields marked by * are empty; (c) Return which is not signed by the Taxpayer or his Representative (as defined in section 172 of the Income Tax Ordinance, 2001); (d) Return which is not filed in the prescribed Form; (e) Return which is not filed in the prescribed mode.
Individuals deriving income under the head Property, Capital Gains & Other Sources (excluding Salary / Business) & Income subject to fixed / final tax have to file one page Return in IT-1B Form with Annex-A, Annex-F & Wealth Statement if required to be filed.
Individuals deriving income under the head business or falling under Final Tax Regime (FTR) such as Commercial Importers, Exporters, Contractors, etc. have to file two page Return in IT-2 Form with Annex-A, Annex-B, Annex-F & Wealth Statement if required to be filed. Annex-C, Annex-D & Annex-E are required only where Depreciation / Amortization, Admissible / Inadmissible Deductions & Minimum Tax Chargeable / Option out of Presumptive Tax Regime are involved.
Individuals, including members of AOPs or directors of Companies must file Wealth Statement.
Taxpayers may file Return of Total Income / Statement of Final Taxation & Wealth Statement through the following modes: Electronically at FBR Portal (https://iris.fbr.gov.pk/infosys/public/txplogin.xhtml) which is mandatory for all Companies, AOPs, Sales Tax Registered Persons, Refund Claimants, Individuals having income under the head Salary & Individuals declaring taxable income of one million and more or turnover or receipts exceeding fifty million. However, all others are also encouraged to electronically file Return; Manually on paper at Taxpayer Facilitation Counter of the respective Regional Tax Office. Paper Return Form can be downloaded from FBR Website http://www.fbr.gov.pk.
Taxpayers may seek guidance through the following modes: By calling Helpline 0800 00 227, 051 111-227-227 By visiting the nearest Taxpayer Facilitation Centre (TFC), list of which can be downloaded from FBR website at http://www.fbr.gov.pk
Tax can be paid in any authorized branch of NBP & SBP at any time before filing of return. List of authorized braches of NBP & SBP can be downloaded from http://www.fbr.gov.pk.
IT-1B / IT-2 Only Foreign Income (Not Loss) should be declared.
IT-1B / IT-2 Only Agriculture Income (Not Loss) should be declared.
IT-1B / IT-2 Tax Credits include Tax Credits for the following:
Share in Taxed Income from AOP; Charitable Donations u/s 61; Investment in Shares of Public Companies listed on a Stock Exchange in Pakistan (only for Original Allottee other than a Company) u/s 62; Life Insurance Premium (only for Resident Individual deriving income from Salary / Business) u/s 62; u/s 63;
Annex-E Taxpayers wanting to opt out of Final Tax Regime (FTR) u/c (56B), (56C), (56D), (56E), (56F), (56G), Part IV, Second Schedule, must file Annex-E.
Annex-F Only Personal / Household (Non-Business) expenses should be declared.
Annex-F Expenses borne by more than one person must be declared in total by each person. For example, if in one family more than one member is contibuting to expenses or if more than one family is living jointly & within each family more than one member is contributing to expenses, total expenses under each head must be declared by each member of each family filing his wealth statement & then contribution by other family members be deducted to arrive at own contribution.
Wealth Statement If rows provided in any segment are inadequate, additional rows may be inserted.
Wealth Statement All assets must be delared at cost, including ancillary expenses.
Wealth Statement If an asset is acquired under a Hire Purchase Agreement, total price should be declared as asset under the appropriate head & balance payable amount should be declared as liability.
Wealth Statement If Wealth Statement is filed for the first time, separate Reconciliation Statement must be filed for each previous year.
Wealth Statement Equipment, Plant, Machinery (Non-Business) must be declared with description, for example, Generator, Tubewell, Harvestor, Tractor, Trolley, etc.
Wealth Statement Assets created,whether in Pakistan or abroad, in the name of spouse(s), children & other dependents should be declared only if acquired by them with funds provided by you (Benami Assets).
Wealth Statement A separate column for assets held outside Pakistan has been added wherein any/all assets held abroad are to be declared at cost in Pak Rupee Value

Page 81

Individual Paper Return for Tax Year 2020

RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-1B)
(FOR INDIVIDUAL, DERIVING INCOME UNDER ANY HEAD OTHER THAN SALARY / BUSINESS)

Name*: | Tax Year: 2020
CNIC*: | NTN:
Address*:

Section Sr. Description Code Total Amount (A) Amount Exempt from Tax / Subject to Fixed / Final Tax (B) Amount Subject to Normal Tax (C)
1 Income/(loss) from property 2000
2 Gains / (Loss) from Capital Assets 4000
3 Income / (Loss) from Other Sources 5000
4 Foreign Income 6000
5 Share in untaxed Income from AOP 3131
6 Share in Taxed Income from AOP 3141
7 Total Income* 9000
Total Inadmissible Admissible
Deductible Allowances 8 Deductible Allowances [9+10+11] 9009
Deductible Allowances 9 Zakat u/s 60 9001
Deductible Allowances 10 Deductible Allowance for Profit on Debt u/s 60C 9007
Deductible Allowances 11 Educational expenses u/s 60D 9008
12 Taxable Income [7-8]* 9100
Computations 13 Tax Chargeable [Col.C 14-15+25] 9200
Computations 14 Normal Income Tax 920000
Computations 15 Tax Credits 9329
Computations 16 Tax Paid [Sr. 18 + 19 + 25 + Sr.1 Annex-A] 64220057
Computations 17 Advance Income Tax 9202
Computations 18 Admitted Income Tax 9203
Computations 19 Refundable Income Tax [13-17 if <0] 9210
Computations 20 Demanded Income Tax [13-17 if >0] 9204
Computations 21 Refund Adjustment of Other Year(s) against Demand of this Year [=20] 92101
22 Agriculture Income 6100
23 Agriculture Income Tax 9291
Receipts / Value Tax Collected/ Deducted/Paid Tax Chargeable
Final / Fixed / Average / Relevant / Reduced Rate Regime 24 Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax 640001
Final / Fixed / Average / Relevant / Reduced Rate Regime 25 Import of Mobile u/s 148 64120045
Final / Fixed / Average / Relevant / Reduced Rate Regime 26 Dividend u/s 150 @7.5% 64030052
Final / Fixed / Average / Relevant / Reduced Rate Regime 27 Dividend u/s 150 @ 15% 64030055
Final / Fixed / Average / Relevant / Reduced Rate Regime 28 Yield on Bahbood certificates/Pensioners benefit account 64030071
Final / Fixed / Average / Relevant / Reduced Rate Regime 29 Profit on Debt u/s 7B 64310056
Final / Fixed / Average / Relevant / Reduced Rate Regime 30 Income from property u/s 15(6) 64080052
Final / Fixed / Average / Relevant / Reduced Rate Regime 31 Prize on Prize Bond u/s 156 64090051
Final / Fixed / Average / Relevant / Reduced Rate Regime 32 Winnings from Crossword Puzzle u/s 156 64090052
Final / Fixed / Average / Relevant / Reduced Rate Regime 33 Winnings from Raffle u/s 156 64090053
Final / Fixed / Average / Relevant / Reduced Rate Regime 34 Winnings from Lottery u/s 156 64090054
Final / Fixed / Average / Relevant / Reduced Rate Regime 35 Winnings from Quiz u/s 156 64090055
Final / Fixed / Average / Relevant / Reduced Rate Regime 36 Winnings from Sale Promotion u/s 156 64090056
Final / Fixed / Average / Relevant / Reduced Rate Regime 37 Dividend in specie u/s 236S @ 7.5% 64151802
Final / Fixed / Average / Relevant / Reduced Rate Regime 38 Dividend in specie u/s 236S @ 15% 64151807
Final / Fixed / Average / Relevant / Reduced Rate Regime 39 Advance tax on registering or attesting transfer of immovable property u/ 64151951
Final / Fixed / Average / Relevant / Reduced Rate Regime 40 Capital Gains on Immovable Property u/s 37(1A) @0% 64220051
Final / Fixed / Average / Relevant / Reduced Rate Regime 41 Capital Gains on Immovable Property u/s 37(1A) 64220052
Final / Fixed / Average / Relevant / Reduced Rate Regime 42 Capital Gains on Securities u/s 37A @ 0% 64220151
Final / Fixed / Average / Relevant / Reduced Rate Regime 43 Capital Gains on Securities u/s 37A @ 5% 64220153
Final / Fixed / Average / Relevant / Reduced Rate Regime 44 Capital Gains on Securities u/s 37A @ 7.5% 64220157
Final / Fixed / Average / Relevant / Reduced Rate Regime 45 Capital Gains on Securities u/s 37A @ 10% 64220158
Final / Fixed / Average / Relevant / Reduced Rate Regime 46 Capital Gains on Securities u/s 37A @ 12.5% 64220155
Final / Fixed / Average / Relevant / Reduced Rate Regime 47 Capital Gains on Securities u/s 37A @ 15% 64220156

Verification

____________________, CNIC No. ____________________, in my capacity as Self / 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 u/s 115(4) is correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Date:

Signature:

Page 82

Individual Paper Return for Tax Year 2020

RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-2) 1/2

FOR INDIVIDUAL DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD EXCEPT SALARY

Name*: | Tax Year: 2020
CNIC*: | NTN*:
Address*:

Section Sr. Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax
1 Income/(loss) from property (2+3+4) 2000 A B C
2 Rent received or receivable 2001
3 1/10th of amount not adjustable against rent 2002
4 Forfeited deposit under a contract for sale of property 2003
5 Income from Business 3000
6 Gains / (Loss) from Capital Assets (including securities) 4000
Other Sources 7 Income / (Loss) from Other Sources [Sum of 8 to 16] - [Sum of 17 to 19] 5000
Other Sources 8 Receipts from Other Sources 5029
Other Sources 9 Royalty 5002
Other Sources 10 Profit on Debt (Interest, Yield, etc) 5003
Other Sources 11 Profit on Debt (if amount u/s 7B exceeds Rs. 36 million) 500312
Other Sources 12 Ground Rent 5004
Other Sources 13 Rent from sub lease of Land or Building 5005
Other Sources 14 Rent from lease of Building with Plant and Machinery 5006
Other Sources 15 Annuity/pension 5007
Other Sources 16 Other Receipts 5028
Other Sources 17 Deductions from Other Sources 5089
Other Sources 18 Accounting Depreciation 5064
Other Sources 19 Other Deductions 5088
20 Foreign Income 6000
21 Foreign Bussiness Income/Loss 6039
22 Foreign Property Income/Loss 6029
23 Foreign Capital Gain Income/Loss 6049
24 Foreign Other Sources Income/Loss 6059
25 Share in untaxed Income from AOP 3131
26 Share in Taxed Income from AOP 3141
27 Total Income* 9000
Total Inadmissible Admissible
Deductible Allowances 28 Deductible Allowances [29+30+31+32] 9009
Deductible Allowances 29 Zakat u/s 60 9001
Deductible Allowances 30 Workers Welfare Fund u/s 60A 9002
Deductible Allowances 31 Deductible Allowance for Profit on Debt u/s 60C 9007
Deductible Allowances 32 Educational expenses u/s 60D 9008
Computations 33 Taxable Income [27-28]* 9100
Computations 34 Tax Chargeable 9200
Computations 35 Normal Income Tax 920000
Computations 36 Tax Credits 9329
Computations 37 Difference of Minimum Tax Chargeable u/s 148/ 153 923192
Computations 38 Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) [<= (35-36+37)] 923198
Computations 39 Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 923193
Computations 40 Difference of Minimum Tax Chargeable u/s 113 923194

Page 83

Section Sr. Description Code Total Amount Amount Exempt from Tax / Subject to Fixed / Final Tax Amount Subject to Normal Tax
Computations 41 Turnover / Tax Chargeable u/s 113 @0.25% 923152
Computations 42 Turnover / Tax Chargeable u/s 113 @0.3% 923163
Computations 43 Turnover / Tax Chargeable u/s 113 @0.75% 923155
Computations 44 Turnover / Tax Chargeable u/s 113 @1.5% 923160
Computations Turnover / Minimum Tax Chargeable u/s 113 in case traders having turnover upto Rs. 100 million @0.5% 923206
Computations 45 Tax Paid [ as per 46 + 47 + 53 + Annex'A' ]
Computations 46 Advance Income Tax 9202
Computations 47 Admitted Income Tax 9203
Computations 48 Refundable Income Tax [34-45 if <0] 9210
Computations 49 Demanded Income Tax [34-45 if >0] 9204
Computations 50 Refund Adjustment of Other Year(s) against Demand of this Year [= 49] 92101
51 WWF 920900
52 Agriculture Income 6100
53 Agriculture Income Tax 9291

Verification

____________________, CNIC No. ____________________, in my capacity as Self / 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 u/s 115(4) are correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001 & Income Tax Rules, 2002.

Signature:

Date:

Page 84

RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-2) 2/2

FOR INDIVIDUAL DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD EXCEPT SALARY

Name*: | Tax Year: 2020
CNIC*: | NTN:

Final / Fixed / Average / Relevant / Reduced Rate Regime

Sr. Description Code Receipts / Value / Number (A) Tax Collected/ Deducted/Paid (B) Tax Chargeable (C)
54 Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax [Sum of 52 to 145] 640001
55 Attributable income from controlled foreign company u/s 109A @15% 64030055
56 Import u/s 148 @1% 64010052
57 Import u/s 148 @2% 64010054
58 Import u/s 148 @3% 64010056
59 Import u/s 148 @4% 64010058
60 Import u/s 148 @4.5% 64010059
61 Import u/s 148 @5.5% 64010061
62 Import u/s 148 @6% 64010062
63 Import u/s 148 @ 1.75% 64010081
64 Import u/s 148 @ 2.75% 64010082
65 Import u/s 148 @ 4.125% 64010083
66 Import of Edible Oil u/s 148 @5.5% 64010161
67 Import of Packing Material u/s 148 @5.5% 64010181
68 Import of Mobile u/s 148 64120045
69 Dividend u/s 150 @7.5% 64030052
70 Dividend u/s 150 @ 15% 64030055
71 Yield on Behbood Certificates / Pensioner''s Benefit Account/Shuhada Family Welfare Account 64030071
72 Return on investment in sukuks u/s 5AA 64030098
73 Dividend to a Non-Resident covered under ADDT u/s 150 / u/s 5 64030099
74 Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule 64050051
75 Payment for Contracts for Construction, Assembly or Installation to a Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule 64050052
76 Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule 64050053
77 Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule 64050054
78 Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule 64050055
79 Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) / Division II, Part III, 1st Schedule 64050056
80 Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule 64050096
81 Royalty / Fee for Technical Services to a Non-Resident covered under ADDT 64050097
82 Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident covered under ADDT 64050098
83 Payment for foreign produced commercials to a non-resident u/s 152A 64050100
84 Payment for transport services to a PE of a non-resident u/s 152(2A)(b) @ 2% 64050094
85 Payment for other services to a PE of a non-resident u/s 152(2A)(b) @ 10% 64050095
86 Fee for offshore digital servies to a non-resident u/s 152(1C) 64050057
87 Payment for Goods u/s 153(1)(a) @1% 64060052
88 Payment for Goods u/s 153(1)(a) @1.5% 64060053

Page 85

Final / Fixed / Average / Relevant / Reduced Rate Regime

Sr. Description Code Receipts / Value / Number (A) Tax Collected/ Deducted/Paid (B) Tax Chargeable (C)
89 Payment for Goods u/s 153(1)(a) @ 2.5% 64060055
90 Payment for Goods u/s 153(1)(a) @4.5% 64060059
91 Payment for Services u/s 153(1)(b) @ 1% 64060152
92 Payment for services u/s 153(1)(b) @ 1.5% 64060153
93 Payment for Services u/s 153(1)(b) @ 2% 64060154
94 Payment for Services u/s 153(1)(b) @ 10% 64060170
95 Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
96 Receipts from Contracts u/s 153(1)(c) @10% 64060270
97 Fee for Export related Services u/s 153(2) @1% 64060352
98 Deduction of Tax from Yarn Traders u/s 153(1)(a) 6406081
99 Deduction of Tax from Yarn Traders u/s 153(1)(b) 6406082
100 Export Proceeds u/s 154 @1% 64070054
101 Foreign Indenting Commission u/s 154(2) @5% 64070151
102 Sale proceeds of goods to exporter u/s 154(3) 64070152
103 Sale proceeds of goods by industrial undertaking u/s 154(3A) 64070153
104 Contract payments to indirect exporter u/s 154(3B) 64070154
105 Export Proceeds u/s 154(3C) 64070155
106 Income from Property u/s 15(6) 64080052
107 Prize on Prize Bond u/s 156 64090051
108 Winnings from Crossword Puzzle u/s 156 64090052
109 Winnings from Raffle u/s 156 64090053
110 Winnings from Lottery u/s 156 64090054
111 Winnings from Quiz u/s 156 64090055
112 Winnings from Sale Promotion u/s 156 64090056
113 Commission / Discount on petroleum products u/s 156A @ 12% 64090151
114 Brokerage / Commission u/s 233 @5% 64120060
115 Brokerage / Commission u/s 233 @8% 64120066
116 Brokerage / Commission u/s 233 @10% 64120070
117 Brokerage / Commission u/s 233 @12% 64120074
118 CNG Station Gas Bill u/s 234A 64130151
119 Electricity Bill of Commercial Consumer u/s 235 64140051
120 Electricity Bill of Industrial Consumer u/s 235 64140052
121 Lease of rights to collect tolls u/s 236A(3) 64150102
122 Sale of certain petroleum products u/s 236HA @ 0.5% 64151653
123 Payment for rent / right to use machinery / equipment u/s 236Q 64151651
124 Rent of machinery & equipment u/s 236Q(2) 64151652
125 Dividend in specie u/s 236S @ 7.5% 64151802
126 Dividend in specie u/s 236S @ 15% 64151807
127 Capital Gains on Immovable Property u/s 37(1A) @0% 64220051
128 Capital Gains on Immovable Property u/s 37(1A) 64220052
129 Capital Gains on Securities u/s 37A @ 0% 64220151
130 Capital Gains on Securities u/s 37A @ 5% 64220153
131 Capital Gains on Securities u/s 37A @ 7.5% 64220157
132 Capital Gains on Securities u/s 37A @ 10% 64220158
133 Capital Gains on Securities u/s 37A @ 12.5% 64220155
134 Capital Gains on Securities u/s 37A @15% 64220156
135 Purchase of Locally Produced Edible Oil/Vegitable Ghee u/s 148A @2% 64310053
136 Receipts from shipping business of a resident person u/s 7A 64310055
137 Profit on Debt u/s 7B 64310056
138 Fee for transport services outside Pakistan under clause(3),Part-II, Second Schedule @ 1% 64310061
139 Fee for advertising services by electronic and print media outside Pakistan under clause (3), Part-II, Second Schedule @ 0.75% 64310062
140 Fee for other services outside Pakistan under clause (3), Part-II, Second Schedule @ 5% 64310063

Page 86

Sr. Description Code Receipts / Value / Number (A) Tax Collected/ Deducted/Paid (B) Tax Chargeable (C)
141 Receipts for Contracts outside Pakistan u/c (3), Part II, 2nd Schedule @3.75% 64310071
142 Fee for Carriage Services by Oil Tanker/Goods Transport Contractor u/c (43D) and (43E), Part IV, 2nd Schedule 64320051

Signature:

Date:

Page 87

Annex-A

Adjustable Tax Collected / Deducted

Name*: | Tax Year: 2020
CNIC*: | NTN:

Sr. Description Code Receipts / Value (A) Tax Collected / Deducted / Paid (B)
1 Adjustable Tax [Sum of 2 to 61] 640000
2 Import u/s 148 @1% 64010002
3 Import u/s 148 @2% 64010004
4 Import u/s 148 @3% 64010006
5 Import u/s 148 @ 4% 64010008
6 Import u/s 148 @4.5% 64010009
7 Import u/s 148 @5.5% 64010011
8 Import u/s 148 @6% 64010012
9 Directorship Fee u/s 149(3) @20% 64020005
10 Tax with held u/s 151 (if amount u/s 7B exceeds 36 million) 64040005
11 Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident u/s 152(2) 64050007
12 Profit on Debt to a Non-Resident u/s 152(2) 64050008
13 Payment for Goods to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule 64050009
14 Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule 64050012
15 Payment for Goods u/s 153(1)(a) @1% 64060002
16 Payment for Goods u/s 153(1)(a) @1.5% 64060003
17 Payment for Goods u/s 153(1)(a) @2.5% 64060005
18 Payment for Goods u/s 153(1)(a) @4.5% 64060009
19 Payment of Royalty to resident person u/s 153B @ 15% 64060232
20 Withdrawal from Pension Fund u/s 156B 64090201
21 Cash Withdrawal from Bank u/s 231A 64100101
22 Certain Banking Transactions u/s 231AA 64100201
23 Motor Vehicle Registration Fee u/s 231B(1) 64100301
24 Motor Vehicle Transfer Fee u/s 231B(2) 64100302
25 Motor Vehicle Sale u/s 231B(3) 64100303
26 Motor Vehicle Leasing u/s 231B(1A) @4% 64100304
27 Margin Financing, Margin Trading or Securities Lending u/s 233AA 64120201
28 Goods Transport Public Vehicle Tax u/s 234 64130001
29 Passenger Transport Public Vehicle Tax u/s 234 64130002
30 Private Vehicle Tax u/s 234 64130003
31 Electricity Bill of Domestic Consumer u/s 235A 64140101

Page 88

Sr. Description Code Receipts / Value (A) Tax Collected / Deducted / Paid (B)
32 Telephone Bill u/s 236(1)(a) 64150001
33 Cellphone Bill u/s 236(1)(a) 64150002
34 Prepaid Telephone Card u/s 236(1)(b) 64150003
35 Phone Unit u/s 236(1)(c) 64150004
36 Internet Bill u/s 236(1)(d) 64150005
37 Prepaid Internet Card u/s 236(1)(e) 64150006
38 Purchase by Auction u/s 236A 64150101
39 Domestic Air Ticket Charges u/s 236B 64150201
40 Sale / Transfer of Immovable Property u/s 236C 64150301
41 Functions / Gatherings Charges u/s 236D 64150401
42 Issuance of License to Cable Opeartors u/s 236F 64150601
43 Renewal of License to Cable Opeartors u/s 236F 64150602
44 Issuance of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150603
45 Renewal of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and Landing Rights u/s 236F 64150604
46 Screening of Foreign TV drama serial or play (other than in english) u/s 236F 64150605
47 Purchase of other commodities by Distributors / Dealers / Wholesalers u/s 236G 64150701
48 Purchase of Fertilizer by Distributors / Dealers / Wholesalers u/s 236G 64150702
49 Purchase by Retailers u/s 236H 64150801
50 Purchase by others from Retailers u/s 236H 64150804
51 Educational Institution Fee u/s 236I 64150901
52 Issuance / Renewal of License to Dealers / Commission Agents / Arhatis u/s 236J 64151001
53 Purchase / Transfer of Immovable Property u/s 236K 64151101
54 Purchase of International Air Ticket u/s 236L 64151201
55 Banking transactions otherwise than through cash u/s 236P 64151501
56 Education related expenses remitted abroad u/s 236R 64151701
57 Advance tax on general insurance premium u/s 236U 64151902
58 Advance tax on life insurance premium u/s 236U 64151903
59 Advance tax on extraction of minerals u/s 236V 64152101
60 Advance tax on tobacco u/s 236X 64151904
61 Advance tax on reimittance through credit, debit, prepaid cards u/s 236Y 64151905

Signature:

Date:

Page 89

Annex-B 1/2

Manufacturing / Trading / Profit & Loss Account ( including Revenues subject to Final / Fixed Tax)

(Separate form should be filled for each business)

Name*: | Tax Year: 2020
CNIC*: | NTN:
Busine:

Section Sr. Description Code Total Amount (A) Amount Subject to Final Tax (B) Amount Subject to Normal Tax (C)
Revenue 1 Net Revenue (excluding Sales Tax, Federal Excise, Brokerage, Commission, Discount, Freight Outward) [2-3] 3029
Revenue 2 Gross Revenue (excluding Sales Tax, Federal Excise) 3009
Revenue 3 Selling Expenses (Freight Outward, Brokerage, Commission, Discount, etc.) 3019
Cost of Sales / Services 4 Cost of Sales / Services [(sum of 5 to 15)-16] 3030
Cost of Sales / Services 5 Opening Stock 3039
Cost of Sales / Services 6 Net Purchases (excluding Sales Tax, Federal Excise) 3059
Cost of Sales / Services 7 Salaries / Wages 3071
Cost of Sales / Services 8 Fuel 3072
Cost of Sales / Services 9 Power 3073
Cost of Sales / Services 10 Gas 3074
Cost of Sales / Services 11 Stores / Spares 3076
Cost of Sales / Services 12 Repair / Maintenance 3077
Cost of Sales / Services 13 Other Direct Expenses 3083
Cost of Sales / Services 14 Accounting Amortization 3087
Cost of Sales / Services 15 Accounting Depreciation 3088
Cost of Sales / Services 16 Closing Stock 3099
Cost of Sales / Services 17 Gross Profit / (Loss) [1-4] 3100
18 Other Revenues [Sum of 19 to 22] 3129
19 Accounting Gain on Sale of Intangibles 3115
20 Accounting Gain on Sale of Assets 3116
21 Others 3128
22 Share in untaxed Income from AOP 3131

Page 90

Section Sr. Description Code Total Amount (A) Amount Subject to Final Tax (B) Amount Subject to Normal Tax (C)
23 Share in Taxed Income from AOP 3141
Indirect Expenses 24 Management, Administrative, Selling & Financial Expenses [Sum of 25 to 44] 3199
Indirect Expenses 25 Rent 3151
Indirect Expenses 26 Rates / Taxes / Cess 3152
Indirect Expenses 27 Salaries / Wages / Perquisites / Benefits 3154
Indirect Expenses 28 Traveling / Conveyance / Vehicles Running / Maintenance 3155
Indirect Expenses 29 Electricity / Water / Gas 3158
Indirect Expenses 30 Communication 3162
Indirect Expenses 31 Repair / Maintenance 3165
Indirect Expenses 32 Stationery / Printing / Photocopies / Office Supplies 3166
Indirect Expenses 33 Advertisement / Publicity / Promotion 3168
Indirect Expenses 34 Insurance 3170
Indirect Expenses 35 Professional Charges 3171
Indirect Expenses 36 Profit on Debt (Financial Charges / Markup / Interest) 3172
Indirect Expenses 37 Brokerage / Commission 3178
Indirect Expenses 38 Irrecoverable Debts written off 3186
Indirect Expenses 39 Obsolete Stocks / Stores / Spares / Fixed Assets written off 3187
Indirect Expenses 40 Other Indirect Expenses 3180
Indirect Expenses 41 Accounting (Loss) on Sale of Intangibles 3195
Indirect Expenses 42 Accounting (Loss) on Sale of Assets 3196
Indirect Expenses 43 Accounting Amortization 3197
Indirect Expenses 44 Accounting Depreciation 3198
Indirect Expenses 45 Accounting Profit / (Loss) [17+18-24] 3200

Signature:

Date:

Annex-B 2/2

Manufacturing / Trading / Profit & Loss Account ( including Revenues subject to Final / Fixed Tax)

(Separate form should be filled for each business)

Name*: | Tax Year: 2020
CNIC*: | NTN*:

Sr. Description Code Total Amount Amount Subject to Final Taxation Amount Subject to Normal Taxation

Page 91

Section Sr. Description Code A B C
46 Income / (Loss) from Business before adjustment of Admissible Depreciation / Initial Allowance / Amortization for current / previous years 3270
47 Unadjusted (Loss) from Business for 2014 327014
48 Unadjusted (Loss) from Business for 2015 327015
49 Unadjusted (Loss) from Business for 2016 327016
50 Unadjusted (Loss) from Business for 2017 327017
51 Unadjusted (Loss) from Business for 2018 327018
52 Unadjusted (Loss) from Business for 2019 327019

Statement of Affairs / Balance Sheet

Section Sr. Description Code Amount
Assets 53 Total Assets [Sum of 54 to 59] 3349
Assets 54 Land 3301
Assets 55 Building (all types) 3302
Assets 56 Plant / Machinery / Equipment / Furniture (including fittings) 3303
Assets 57 Advances / Deposits / Prepayments/ Trade Debtors / Receivables 3312
Assets 58 Stocks / Stores / Spares 3315
Assets 59 Cash / Cash Equivalents 3319
Liabilities 60 Total Equity / Liabilities [Sum of 61 to 63] 3399
Liabilities 61 Capital 3352
Liabilities 62 Borrowings / Debt / Loan 3371
Liabilities 63 Advances / Deposits / Accrued Expenses/ Trade Creditors / Payables 3384

Signature:

Date:

Page 92

Annex-C

Inadmissible / Admissible Deductions

Name*: | Tax Year: 2020
CNIC*: | NTN:

Section Sr. Description Code Amount
Inadmissible Deductions 1 Inadmissible Deductions [Sum of 2 to 29] 3239
Inadmissible Deductions 2 Add Backs u/s 29(2) Provision for Doubtful Debts 3201
Inadmissible Deductions 3 Add Backs Provision for Obsolete Stocks / Stores / Spares / Fixed Assets 3202
Inadmissible Deductions 4 Add Backs Provision for Diminution in Value of Investment 3203
Inadmissible Deductions 5 Add Backs u/s 21(a) Cess / Rate / Tax levied on Profits / Gains 3205
Inadmissible Deductions 6 Add Backs u/s 21(b) Amount of Tax Deducted at Source 3206
Inadmissible Deductions 7 Add Backs u/s 21(c) Payments liable to deduction of tax at source but tax not deducted / paid 3207
Inadmissible Deductions 8 Add Backs u/s 21(d) Entertainment Expenditure above prescribed limit 3208
Inadmissible Deductions 9 Add Backs u/s 21(e) Contributions to Unrecognized / Unapproved Funds 3209
Inadmissible Deductions 10 Add Backs u/s 21(f) Contributions to Funds not under effective arrangement for deduction of tax at source 3210
Inadmissible Deductions 11 Add Backs u/s 21(g) Fine / penalty for violation of any law / rule / regulation 3211
Inadmissible Deductions 12 Add Backs u/s 21(h) Personal Expenditure 3212
Inadmissible Deductions 13 Add Backs u/s 21(i) Provision for Reserves / Funds / Amount carried to Reserves / Funds or Capitalized 3204
Inadmissible Deductions 14 Add Backs u/s 21(j) Profit on Debt / Brokerage / Commission / Salary / Remuneration paid by an AOP to its member 3213
Inadmissible Deductions 15 Add Backs u/s 21(l) Expenditure under a single account head exceeding prescribed amount not paid through prescribed mode 3215
Inadmissible Deductions 16 Add Backs u/s 21(m) Salary exceeding prescribed amount not paid through prescribed mode 3216
Inadmissible Deductions 17 Add Backs u/s 21(n) Capital Expenditure 3217
Inadmissible Deductions 18 Add Backs u/s 67(1) Expenditure attributable to Non-Business Income 3218
Inadmissible Deductions 19 Add Backs u/s 34(5) Liabilities allowed Previously as deduction not Paid within three Years 3219
Inadmissible Deductions 20 Add Backs u/s 28(1)(b) Lease Rental not admissible 3220
Inadmissible Deductions 21 Add Backs u/s 21(o) Sales promotion, advertisement and publicity expenses of pharmaceutical manufacturers exceeding prescribed limit 3224
Inadmissible Deductions 22 Add Backs Tax Gain on Sale of Intangibles 3225

Page 93

Section Sr. Description Code Amount
Inadmissible Deductions 23 Add Backs Tax Gain on Sale of Assets 3226
Inadmissible Deductions 24 Add Backs u/s 21(ca) commission in excess of 0.2% of grass amount of supplies to a person not appearing in ATL in third schedule to Sales Tax Act, 1990. 3227
Inadmissible Deductions 25 Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
Inadmissible Deductions 26 Add Backs Accounting (Loss) on Sale of Intangibles 3235
Inadmissible Deductions 27 Add Backs Accounting (Loss) on Sale of Assets 3236
Inadmissible Deductions 28 Add Backs Accounting Amortization 3237
Inadmissible Deductions 29 Add Backs Accounting Depreciation 3238
Inadmissible Deductions 30 Other Inadmissible Deductions 3234
Admissible Deductions 31 Admissible Deductions [Sum of 31 to 40] 3259
Admissible Deductions 32 Accounting Gain on Sale of Intangibles 3245
Admissible Deductions 33 Accounting Gain on Sale of Assets 3246
Admissible Deductions 34 Tax Amortization for Current Year 3247
Admissible Deductions 35 Tax Depreciation / Initial Allowance for Current Year 3248
Admissible Deductions 36 Pre-Commencement Expenditure / Deferred Cost 3250
Admissible Deductions 37 Other Admissible Deductions 3254
Admissible Deductions 38 Tax (Loss) on Sale of Intangibles 3255
Admissible Deductions 39 Tax (Loss) on Sale of Assets 3256
Admissible Deductions 40 Unabsorbed Tax Amortization for Previous Years 3257
Admissible Deductions 41 Unabsorbed Tax Depreciation for Previous Years 3258

Signature:

Date:

Page 94

Annex-D

Depreciation, Initial Allowance, Amortization

Name*: | Tax Year: 2020
CNIC*: | NTN:

Depreciation

Sr. Description Code WDV (BF) (A) Deletion (B) Addition (Used Previously in Pakistan) (C) Extent of Use (D) Addition (New) (E) Extent of Use (F) Rate Initial Allowance (G) Rate Depreciation (H) WDV (CF) (I)
1 Building (all types) 3302 100% 100% 15% 10%
2 Ramp for Disabled Persons 330204 100% 100% 100% 100%
3 Plant / Machinery (not otherwise specified) 330301 100% 100% 25% 15%
4 Computer Hardware / Allied Items / Equipment used in manufacture of IT products 330302 100% 100% 25% 30%
5 Furniture (including fittings) 330303 100% 100% 0% 15%
6 Technical / Professional Books 330304 100% 100% 25% 15%
7 Below ground installations of mineral oil concerns 330305 100% 100% 25% 100%
8 Offshore Installations of mineral oil concerns 330306 100% 100% 25% 20%
9 Office Equipment 330307 100% 100% 25% 15%
10 Machinery / Equipment eligible for 1st year Allowance 330308 100% 100% 90% 15%
11 Motor Vehicle (not plying for hire) 33041 100% 100% 0% 15%
12 Motor Vehicle (plying for hire) 33042 100% 100% 25% 15%
13 Ships 33043 100% 100% 25% 15%
14 Aircrafts / Aero Engines 33044 100% 100% 25% 30%
15 Tax Depreciation / Initial Allowance for Current Year 3248 100% 100%

Amortization

Sr. Description Code WDV (BF) (A) Remaining Useful Life (B) Extent of Use (C) Amortization (D)
16 Intangible 3305
17 Intangible 3305
18 Intangible 3305
19 Expenditure providing Long Term Advantage / Benefit 330516
20 Tax Amortization for Current Year 3247
21 Pre-Commencement Expenditure 3306

Signature:

Date:

Page 95

Annex-E

Name*: | Tax Year: 2020
CNIC*: | NTN:

Minimum Tax Chargeable

Sr. Description Code Receipts / Value (A) Tax Collectible / Deductible (B) Attributable Taxable Income (C) Tax on Attributable Taxable Income (D) Minimum Tax Chargeable (E)
1 Minimum Tax Chargeable [Col.E Sum of 2 to 6]
2 mport u/s 148 @1% 64010052
3 Import u/s 148 @2% 64010054
4 Import u/s 148 @3% 64010056
5 Import u/s 148 @4% 64010058
6 Import u/s 148 @6% 64010062
7 Import of Edible Oil u/s 148 @5.5% 64010161
8 Import of Packing Material u/s 148 @5.5% 64010181
9 Import of Plastic Raw Material u/s 148 @ 1.75% 64010081
10 Import u/s 148 @ 4.125% 64010083
11 Import u/s 148 @ 2.75% 64010082
12 Import of ships by ship breakers u/s 148(8A) @ 4.5% 64010059
13 Payment for contracts for consruction, assembly of instalation to a non-resident u/s 152(1A) 64050052
14 Payment for transport services to a PE of a non-resident u/s 152(2A)(b) 64050094
15 Payment for services contracts to a non-resident u/s 152(1A)(b) 64050053
16 Fee for Advertisement Services to a non-resident u/s 152(1A)© 64050054
17 Insurance/re-instruance premium to a non-resident u/s 152(1AA) 64050055
18 Payment for other services for PE of a non-resident u/s 152(2A)(b) 64050095
19 Payment for Services u/s 153(1)(b) @1% 64060152
20 Payment for goods u/s 153(1a) @ 0.25% 64060082
21 Payment for goods u/s 153(1a) @ 2.5% 64060055
22 Payment for goods u/s 153(1a) @ 4.5% 64060059
23 Payment for Services u/s 153(1)(b) @ 1.5% 64060153
24 Payment for specified for Services u/s 153(1)(b) @ 3% 64060156
25 Payment for Services u/s 153(1)(b) @2% 64060154
26 Payment for Services u/s 153(1)(b) @10% 64060170
27 Payment for Services u/s 153(1)(b) @15% 64060180
28 Receipts from Contracts u/s 153(1)(c) @7.5% 64060265
29 Receipts from Contracts u/s 153(1)(c) @10% 64060270
30 Payment for Goods u/s 153(1)(a) @1% 64060052
31 Payment for Goods u/s 153(1)(a) @1.5% 64060053
32 Payment for Goods u/s 153(1)(a) @4.5% 64060059

Page 96

Sr. Description Code Receipts / Value (A) Tax Collectible / Deductible (B) Attributable Taxable Income (C) Tax on Attributable Taxable Income (D) Minimum Tax Chargeable (E)
33 Fee for Export related Services u/s 153(2) @1% 64060352
34 Deduction of Tax from yarn u/s 153(1)(a) 64060281
35 Deduction of Tax from yarn u/s 153(1)(b) 64060282
36 Brokerage / Commission u/s 233 @8% 64120066
37 Brokerage / Commission u/s 233 @10% 64120070
38 Brokerage / Commission u/s 233 @12% 64120074
39 Brokerage / Commission u/s 233 @5% 64120060
40 Number of imported mobile phones u/s 148 upto 30$ @ Rs.70 64120045
41 Number of imported mobile phones u/s 148 exceeding 30$ upto 100$ @ Rs.100 64120046
42 Number of imported mobile phones u/s 148 exceeding 100$ upto 200$ @ Rs.930 64120047
43 Number of imported mobile phones u/s 148 exceeding 200$ upto 350$ @ Rs.970 64120048
44 Number of imported mobile phones u/s 148 exceeding 350$ upto 500$ @ Rs.3000 64120049
45 Number of imported mobile phones u/s 148 exceeding 500$ @ Rs.50200 64120050
46 CNG Station Gas Bill u/s 234A 64130151
47 Fee for Goods Transport Contractor u/c (43E), Part IV Second Schedule 64320053
48 Fee for Carriage Services by Oil Tanker u/c (43D), Part IV Second Scheule 64320051
Sr. Description Code Receipts / Value (A) Final Tax Chargeable (B) Attributable Taxable Income (C) Tax on Attributable Taxable Income (D) Difference (Option Valid if <=0) (E)
49 Export Proceeds u/s 154(1) @1% 64070054
50 Foreign Indenting Commission u/s 154(2) 64070151
51 Sale Proceeds of goods to exporter u/s 154(3) 64070152
52 Sale Proceeds of of goods by industrial undertaking u/s 154(3A) 64070153
53 Contract Payments to indirect exporter u/s 154(3B) 64070154
54 Export Proceeds u/s 154(3C) 64070155
55 Commission / Discount on petroleum products u/s 156A @12% 64090151

Signature:

Date:

Page 97

Annex-F

Personal Expenses

Name*: | Tax Year: 2020
CNIC*: | NTN:

Sr. Description Code Amount
1 Personal Expenses [Sum of 2 to 16 minus 17] 7089
2 Rent 7051
3 Rates / Taxes / Charge / Cess 7052
4 Vehicle Running / Maintenence 7055
5 Travelling 7056
6 Electricity 7058
7 Water 7059
8 Gas 7060
9 Telephone 7061
10 Asset Insurance / Security 7066
11 Medical 7070
12 Educational 7071
13 Club 7072
14 Functions / Gatherings 7073
15 Donation, Zakat, Annuity, Profit on Debt, Life Insurance Premium, etc. 7076
16 Other Personal / Household Expenses 7087
17 Contribution in Expenses by Family Members [Sum of 18 to 21] 7088
Sr. CNIC No. Name* Code Amount
18
19
20
21

Signature:

Date:

Page 98

WEALTH STATEMENT UNDER SECTION 116 OF THE INCOME TAX ORDINANCE, 2001 1/4

Name*: | Tax Year: 2020
CNIC*: | NTN:
Residen:
Busines:

Agricultural Property

1 Agricultural Property [Sum of 1 i to 1 x] - Code 7001

Sr. Form (Irrigated / Unirrigated / Uncultivable) Mauza / Village / Chak No. Tehsil District Area (Acre) Share % Code Value at Cost
i 7001
ii 7001
iii 7001
iv 7001
v 7001
vi 7001
vii 7001
viii 7001
ix 7001
x 7001

Commercial, Industrial Property

2 Commercial, Industrial, Residential Property (Non-Business) [Sum of 2 i to 2 x] - Code 7002

Sr. Form (House, Flat, Shop, Plaza, Factory, Workshop, etc.) Unit No. / Complex / Street / Block / Sector Area / Locality / Road City Area (Marla / sq. yd.) Share % Code Value at Cost
i 7002
ii 7002
iii 7002

Page 99

Residential, Commercial, Industrial Property (continued)

Sr. Form Unit No. / Complex / Street / Block / Sector Area / Locality / Road City Area (Marla / sq. yd.) Share % Code Value at Cost
iv 7002
v 7002
vi 7002
vii 7002
viii 7002
ix 7002
x 7002

Business Capital

3 Business Capital - Code 7003

Sr. Enter name, share percentage & capital amount in each AOP Share % Code Value at Cost
i 7003
ii 7003
iii 7003
i Enter consolidated capital amount of all Sole Proprietorships 100% 7003

Equipment

4 Equipment, etc. (Non-Business) [Sum of 4 i to 4 iv] - Code 7004

Sr. Description Code Value at Cost
i 7004
ii 7004
iii 7004
iv 7004

Signatures:

Date:

WEALTH STATEMENT UNDER SECTION 116 OF THE INCOME TAX ORDINANCE, 2001 2/4

Name*: | Tax Year: 2020
CNIC*: | NTN:

Page 100

Animal

5 Animal (Non-Business) [Sum of 5 i to 5 iv] - Code 7005

Sr. Description Code Value at Cost
i Livestock 7005
ii Pet 7005
iii Unspecified 7005
iv Unspecified 7005

Investment

6 Investment (Non-Business) [Sum of 6 i to 6 xiii] - Code 7006

Sr. Form Account / Instrument No. Institution Name / Individual CNIC Share % Code Value at Cost
i Account 7006
Current 7006
Current 7006
Fixed Deposit 7006
Fixed Deposit 7006
Profit / Loss Sharing 7006
Profit / Loss Sharing 7006
Saving 7006
Saving 7006
ii Annuity 7006
iii Bond 7006
iv Certificate 7006
v Debenture 7006
vi Deposit 7006
Term Deposit 7006
Term Deposit 7006
vii Fund 7006
viii Instrument 7006
ix Insurance Policy 7006
x Security 7006

Page 101

Sr. Form Account / Instrument No. Institution Name / Individual CNIC Share % Code Value at Cost
xi Stock / Share 7006
xii Unit 7006
xiii Others 7006

7 Debt (Non-Business) [Sum of 7 i to 7 vii] - Code 7007

Sr. Form No. Institution Name / Individual CNIC Share % Code Value at Cost
i Advance 7007
ii Debt 7007
iii Deposit 7007
iv Prepayment 7007
v Receivable 7007
vi Security 7007
vii Others 7007

Motor Vehicle

8 Motor Vehicle (Non-Business) [Sum of 8 i to 8 viii] - Code 7008

Sr. Form (Car,Jeep,Motor Cycle,Scooter,Van) E&TD Registration No. Maker Capacity Code Value at Cost
i 7008
ii 7008
iii 7008
iv 7008
v 7008
vi 7008
vii 7008
viii 7008

Signatures:

Date:

Page 102

WEALTH STATEMENT UNDER SECTION 116 OF THE INCOME TAX ORDINANCE, 2001 3/4

Name*: | Tax Year: 2020
CNIC*: | NTN:

Precious Posession

9 Precious Possession [Sum of 9 i to 9 iii] - Code 7009

Sr. Description Code Value at Cost
i Antique / Artifact 7009
ii Jewelry / Ornament / Metal / Stone 7009
iii Others (Specify) 7009

Household Effect

10 Household Effect [Sum of 10 i to 10 iv] - Code 7010

Sr. Description Code Value at Cost
i Unspecified 7010
ii Unspecified 7010
iii Unspecified 7010
iv Unspecified 7010

Personal Item

11 Personal Item [Sum of 11 i to 11 iv] * - Code 7011

Sr. Description Code Value at Cost
i Unspecified 7011
ii Unspecified 7011
iii Unspecified 7011
iv Unspecified 7011

Cash

12 Cash (Non-business) [Sum of 12 i to 12 x] - Code 7012

Sr. Description Code Value at Cost
Notes & Coins 7012

Page 103

Any Other Asset

13 Any Other Asset [Sum of 13 i to 13 iv] - Code 7013

Sr. Description Code Value at Cost
i 7013
ii 7013
iii 7013
iv 7013

Assets in Others' Name

14 Assets in Others' Name [Sum of 14 i to 14 iv] - Code 7014

Sr. Description Code Value at Cost
i 7014
ii 7014
iii 7014
iv 7014

15 Total Assets inside Pakistan [Sum of 1 to 14] - Code 7015

Assets outside Pakistan

16 *Assets held outside Pakistan [Sum of 16 (i) to 16 (iv)] - Code 7016

Sr. Description Code Value at Cost
i 7016
ii 7016
iii 7016
iv 7016

17 Total Assets [15+16] - Code 7019

* Serial # 16 has been separated from Any Other Assets at Serial # 13 for clarity.

Signatures:

Date:

Page 104

WEALTH STATEMENT UNDER SECTION 116 OF THE INCOME TAX ORDINANCE, 2001 4/4

Name*: | Tax Year: 2020
CNIC*: | NTN:

Loan

18 Credit (Non-Business) [Sum of 18 (i) to 18 (viii)] - Code 7021

Sr. Form Creditor's NTN / CNIC Creditor's Name Code Value at Cost
i Advance 7021
ii Borrowing 7021
iii Credit 7021
iv Loan 7021
v Mortgage 7021
vi Overdraft 7021
vii Payable 7021
viii Others 7021

19 Total Liabilities - Code 7029

Reconciliation of Net Assets

Sr. Description Code Amount
20 Net Assets Current Year [17-19] 703001
21 Net Assets Previous Year 703002
22 Increase / Decrease in Assets [20-21] 703003
23 Inflows [Sum of 23 (i) to 23(x)] 7049
i Income declared as per Return for the year subject to normal tax 7031
ii Income declared as per Return for the year exempt from tax 7032
iii Income Attributable to Receipts, etc. Declared as per Return for the year subject to Final / Fixed Tax 7033
iv Adjustments in Income Declared as per Return for the year 7034

Page 105

Reconciliation of Net Assets (continued)

Sr. Description Code Amount
vi Foreign Remittance 7035
vii Inheritance 7036
viii Gift 7037
ix Gain on Disposal of Assets, excluding Capital Gain on Immovable Property 7038
x Others 7048
24 Personal Expenses [Transfer from Sr.1 Annex-F] 7089
25 Outflows [Sum of 25 (i) to 25 (iii)] 7099
i Gift 7091
ii Loss on Disposal of Assets 7092
iii Others 7098
26 Unreconciled Amount [23-24-25] 703000

Disposed Assets

27 Assets Transferred / Sold / Gifted / Donated during the year [Sum of 27 (i) to 27 (ii)] - Code 703004

Sr. Description Code Value at Cost
i 703004
ii 703004

Verification

I, ____________________, CNIC No. ____________________, in my capacity as Self / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of Taxpayer named above, do hereby solemnly declare that to the best of my knowledge & belief the information given in this statement of the assets & liabilities of myself, my spouse(s), minor children & other dependents as on 30.06.2020 & of my personal expenditure for the year ended 30.06.2020 are correct & complete in accordance with the provisions of the Income Tax Ordinance, 2001, Income Tax Rules, 2002.

Signatures:

Date:

Page 106

No text layer on this page. See page 106 of the official file.

Page 107

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Calculate | Import Previous Return

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 110

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Calculate | Import Previous Return

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
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 111

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Calculate | Import Previous Return

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 28(1)(b) Lease Rental not admissible 3220
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(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
Add Backs Pre-Commencement Expenditure / Deferred Cost 3230
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 124

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Menu: Employment; Property; Business; Capital Assets; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Chargeable; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement

Calculate | Import Previous Return

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 Federal Government Employees u/s 149 64020001
Salary of Provincial Government Employees u/s 149 64020002
Salary of Corporate Sector Employees u/s 149 64020003
Salary of Other 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 of Royalty to Resident Persons u/s 153B @ 15% 64060232
Rent of Property u/s 155 64080001 +
Withdrawal from Pension Fund u/s 156B 64090201
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 +
Telephone Bill u/s 236(1)(a) 64150001 +
Cellphone Bill u/s 236(1)(a) 64150002 +

Page 125

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
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 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
Functions / Gatherings Charges u/s 236D 64150401
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
Educational Institution Fee u/s 236I 64150901
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 extraction of minerals u/s 236V 64151904
Tobacco u/s 236X 64152101
General insurance premium u/s 236U 64151902
Life insurance premium u/s 236U 64151903
Persons remitting amount abroad through credit / debits / prepaid cards u/s 236Y 64151905

Page 126

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

Menu: Employment; Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Chargeable; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement

Calculate | Import Previous Return

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 @4% 64010058
Import u/s 148 @4.5% 64010059
Import u/s 148 @5.5% 64010061
Import u/s 148 @6% 64010062
Import u/s 148 @1.75% 64010081
Import u/s 148 @2.75% 64010082
Import u/s 148 @4.125% 64010083
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
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
Tax Withheld u/s 151 (if amount u/s 7B not exceeding 36 million) 64040055
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

Page 127

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
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 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
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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
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

Page 128

Description Code Receipts / Value Tax Collected / Deducted Tax Chargeable Action
Dividend Specie u/s 236S @7.5% 64151802
Dividend Specie u/s 236S @15% 64151807
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 exceeds 1 year but does not exceed 8 years (where ¾ of amount provided shall be considered) 64220059
Capital Gains on Immovable Property u/s 37(3A) where holding period exceeds 8 years 64220060
Capital Gains on Immovable Property u/s 37(3B) where holding period does not exceed 1 year 64220061
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 1 year but does not exceed 4 years (where ¾ of amount provided shall be considered) 64220062
Capital Gains on Immovable Property u/s 37(3B) where holding period exceeds 4 years 64220063
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
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 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
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 on business income of developers u/s 7D (advance tax installments paid under Rule 13S) 64310073
Transport Monetization for Civil 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

Page 129

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Menu: Employment; Property; Business; Capital Assets; Other Sources; Receipts / Deductions; Foreign Sources / Agriculture; Tax Chargeable / Payments; Deductible Allowances; Tax Chargeable; Tax Reductions; Tax Credits; Adjustable Tax; Final / Fixed / Minimum / Average / Relevant / Reduced Tax; Computations; 116 - Wealth Statement

Calculate | Import Previous Return

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 Credits 9329
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
Super Tax Chargeable 923181
Difference of Minimum Tax Chargeable on Electricity Bill u/s 235 923193
Difference of Minimum Tax Chargeable u/s 113 923194
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 u/s 148(8) / 153(3)(b) 923192
Refund Adjustment of Other Year(s) against Demand of this Year 92101
Withholding Income Tax 9201
Advance Income Tax 9202
Difference of Minimum Tax Chargeable u/s 148(7) 923201
Difference of Minimum Tax Chargeable u/s 148(8A) 923202
Difference of Minimum Tax Chargeable u/s 152(1A)(a) / 152(1AA) / 153(1)(a) / 153(1)(c) / 153(2) 923203
Difference of Minimum Tax Chargeable u/s 233(2A) / 233(1) 923204
Difference of Minimum Tax Chargeable u/s 234A 923205
Turnover / Minimum Tax Chargeable u/s 113 in case of traders having turnover up to Rs. 100 million @0.5% 923206
Advance Income Tax u/s 147(A) 92022
Admitted Income Tax 9203
Demanded Income Tax 9204
Refundable Income Tax 9210

Page 131

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

Menu: Employment; Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets

Calculate | Import Previous Return

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 132

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

Menu: Employment; Property; Business; Capital Assets; Other Sources; Foreign Sources / Agriculture; Tax Chargeable / Payments; 116 - Wealth Statement; Personal Expenses; Personal Assets / Liabilities; Reconciliation of Net Assets

Calculate | Import Previous Return

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
Others 7098
Loss on Disposal of Assets 7092
Unreconciled Amount 703000
Assets Transferred / Sold / Gifted / Donated during the year 703004

Page 135

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

Import Previous Return | Calculate

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 u/s 148 @2.75% 64010082
Import u/s 148 @4.125% 64010083
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 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 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) @2.5% 64060055
Payment for Goods u/s 153(1)(a) @4.5% 64060059
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
Deduction of tax from Yarn Traders u/s 153(1)(a) 64060281
Deduction of tax from Yarn Traders u/s 153(1)(b) 64060282
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
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 142

  1. This Notification shall be applicable for the tax year 2020.

[F. No. 1(60) R&S /2020]

(Syed Hassan Sardar)
Secretary (Rules & SROs)

Related Income Tax SROs on return forms

  • 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
  • SRO 1041(I)/202013 October 2020Rules in respect of prescribing time limit for notifying Income Tax Return forms
  • SRO 885(I)/202017 September 2020Final simplified Income Tax Return for Retailers having turnover less than Rs. 10 million
  • SRO 821(I)/20208 September 2020Draft Simplified Income Tax Return for Retailers having turnover less than Rs. 10 millionsdraft
  • SRO 745(I)/202019 August 2020Draft Income Tax Return Forms for Salaried Persons, AOPs, Companies and Business Individuals for Tax Year 2020draftpartly scanned, 2 of 49 pages without text

All SROs on return forms

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