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RETURN OF TOTAL INCOME/STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (FOR COMPANY)
1
IT-1
N NTN Reg/Inc No. Year Ending Date
Taxpayer's Name Bussiness Name Business Address Principal Activity Representative NTN
NTN City Code
Registration
2 3 4 5
2012
Resident Non-Resident
Name
Share Holding
Share Holding
Capital
NTN
Capital
Gross Domestic Sales Subject to Final Tax Other Domestic Sales Domestic Commission/Brokerage Gross Exports Foreign Commission/Brokerage Rebates/Duty Drawbacks Others Cost of Sales [to be reconciled with Annex-D-1]
Local Raw Material/Components other than Stores/Spares Imported Raw Material/ Components other than Stores/Spares Annex H-1 Annex H-1
Code
3101 31011 31013 31021 31012 31022 3107 31014 3116 310411 310421 311101 311102 311103
Annex H-1 Annex H-1
Amount
Total Income/ (Loss) Business Income/(Loss) Capital Gains Other Sources Income/ (Loss) Foreign Income/ (Loss) Deductible Allowances Workers Welfare Fund (WWF) Paid During the Year
Workers Profit Participation Fund (WPPF) Paid During the Year
83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98
9 10 11 12 13 14 15 16 17
5999 6399 9139 9122 64032 9124 9199 6199 6102 6103 312021 6106 6104 6105
Charitable Donations Admissible for Straight Deduction Taxable Income/ (Loss) Exempt Income Agricultural Income Business Income Share from AOP Capital gains on Securities held for more than 12 months Other Capital Gains Other Sources Total Assets Total Liabilities
Total Value of Transactions with Non-Residents/Associates
18 19 20 21 22 23 24 25 26 27 28 29 30
311104 311106 Balance Sheet 311107 311109 311110 311108 311118 3114 3115
Insurance Royalty Fee for Technical Services Repair & Maintenance Other Expenses Accounting Amortization Accounting Depreciation Decrease/Increase in Work in Process
Annex H-1 Annex H-1 Annex H-1
Source
103 104 105 106 107 108 109 110
Insurance/Re-insurance (Non Resident) Media Services Payments received By NonResidents Gas consumption by CNG Station Distribution of cigaratte and pharmaceutical products
Code
64013 64011
Receipts/ Value
Code
65013 65011 65012 65015
Tax Due
Imports 64012 64015 315901 316001 64021 64143 640511 640512 640521 640611 640612 640613 640614 640631 640632 64071 64073 64076 64075 64091 64092 64101 64121 64122 64123
???? 310412 310422 3119 3139 31311 31311 31312 31313 31314 31315 31316 31317 3135 3136 3131 3189 3141 3144 3145 3148 3154 3153 3155 3157 3159 3162 3164 3160 3161 3163 3177
Finished Goods
31 32 33 34 35 36 37 38 39 40 41 42 43 44
Finished Goods Purchases (Imports) Gross Profit/ (Loss) To be reconciled with Annex-D-1 Gross Receipts Profit on Debt (For Financial Institutions) Profit on Debt (For Other Companies) Leasing Oil & Gas Exploration Telecommunication Insurance Capital Gain u/s 37 Dividend Accounting Gain on Disposal of Intangibles Accounting Gain on Disposal of Assets Other Revenues/ Fee/ Charges for Services etc.
5% 10% 4% 1%
111 Royalties 112 Fee for Technical Services 113 Contracts (Non-Resident) 114 Supply of Goods 115 Supply of Goods 116 Supply of Goods 117
Payment to Ginners for supply of cotton lint.
6% 3.50% 1.50%
1% 6%
118 Contracts (Resident) 119 Contracts (Non Resident) 120 Exports/ Indenting 121 Commission/Export Services Exports/ Indenting Commission/Export 122 Services
Exports/ Indenting Commission/ Indirect Exports/ Export Services
45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75
1% 0.50%
Management, Administrative, Selling & Financial expenses Rent/ Rates/ Taxes Salaries & Wages Travelling/ Conveyance Electricity/ Water/ Gas Communication Charges Repairs & Maintenance Stationery/ Office Supplies Advertisement/ Publicity/ Promotion Insurance Royalty Fee for Technical Services Professional Charges Profit on Debt (Markup/Interest) Donations Directors' Fees Workers Profit Participation Fund Loss on Disposal of Intangibles Loss on Disposal of Assets Accounting Amortization Accounting Depreciation Bad Debts Provision Other Provisions Obsolete Stocks/Stores/Spares Provision Diminution in Value of Investments Provision Bad Debts Written Off Obsolete Stocks/Stores/Spares Written Off Selling expenses(Freight outwards etc.) Others Net Profit/ (Loss) In-Admissible Deductions/Adjustments Admissible Deductions /Adjustments Taxable Income/Loss for the Year Loss for the year surrendered to Holding Company Loss acquired from Subsidiary Company and Adjusted
Annex L-1 Annex L-1
123 Foreign Indenting Commission Prizes/winnings of cross word 124 puzzles 125 Winnings - Others 126 Petroleum Commission 127 Brokerage/Commission 128 Advertising Commission 129 Total
Services to Exporters u/s 153(2)
Source
Code
210101 210102 64033 64034
Receipts/Value
Rate
Code
920235 920236 65033 65034 9202
Tax Due
Fixed Tax
1%
3185 3186 3187 3188 31811 31810 31812 31813 31821 31822 31080 3170 3190 3191
Misc.
3179
Source
134 Dividend Income for Banks only 135 Total of Final and Fixed Tax Due 136 Tax Collected/Deducted as Final Tax 137
Code
64032
Receipts/Value
Rate 10%
Code
65032 94592 94591 6699
Tax Due
Balance Final and Fixed Tax Payable/Refundable to be transferred to Net Tax Payable
Tax Computation
138 Gross Tax on taxable income 139 Tax Credits & Reductions 140 Un-adjusted tax u/s 113 for previous 3-years 141 142
Adjustment of unadjusted minimum tax paid in previous 3-Years - Subject to a max. of [138 minus 139] Difference of minimum tax chargeable U/S 113 [142(iv) minus (138 minus 139 plus 141), if greater than zero, else zero]
(i)
Total Turnover
9217
143 Un-adjusted tax u/s 113 to be carried forward 144 Balance tax chargeable on taxable income [138 minus 139 minus 141 plus 142] 145
76 77 78 79 80
Net Tax [137 plus 144] Tax Already paid including Adjustments Net Tax Payable [145 minus 146] Tax Paid as per CPR No. Bank City Branch Name & Code A/C Number WWF Payable
Payment/ Refund
3192
149 Net Tax Refundable; may be credited to my bank account as under: 150 151 152 153 154
Attach copy of Audited Accounts as required under subsection 2(a) of section 114 of the Income Tax Ordinance, 2001 and under clause 2 of the 2nd schedule of the Income Tax Rules 2002.
WWF I, _________________________________________________________________________
Bank A/C
9308
Deeclaration
in my capacity as Principal Officer/Trustee /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 and belief the information given in this Return/Statement u/s 115(4) and the attached Annex(es), Statement(s), Document(s) or Detail(s) is/are correct and complete in accordance with the provisions of the Income Tax Ordinance, 2001, Income Tax Rules, 2002 and the Companies Ordinance 1984. Date :
Signature
(*) Relevant clause to be selected from the dropdown list at the time of e-Filing of the return
S. No.
NTN
Depreciable Assets
Brought forward Written Down Value
Total (Deletions) Amount (Rs) 50% 0% 50% 50% 0% 50% 50% 50% 30% 15% 15% 15% 15% 15% 15% 10% Amount (Rs) Amount (Rs) Total / Annual Rate Amount (Rs) Amount (Rs) Business Use Amount (Rs) Initial/Ist Year Allowance on additions, if any Depreciation
1.
8102
2.
810303
3.
810301
4.
81042
5.
81041
6.
Ships
81043
7.
810304
8.
810302
9.
810308
10. 30%
Plant & machinery on which 1st year allowance/accelerated depreciation is allowed 15%
810309
11.
81044
Annex A-1
810306
13.
810307
14.
Below ground installations of mineral oil concerns Off shore platforms and production installations of mineral oil concerns Any plant or machinery that has been used previously in Pakistan
0% 15%
810310
Reg./Inc. No.
Total
S. No.
Intangibles
Useful Life Year(s) Amount (Rs) dd/mm/yyyy
Signature:
Acquired on (Date) Original Cost
Particulars/Description
Code
1.
Intangibles
8105
2.
8107
3.
Others
8141
Total
2012
A-1
Annex B-1
Carry forward and brought forward of Unabsorbed Depreciation, Initial Allowance, Amortization and Business Losses (Other than Speculation Business)
NTN Reg/Inc No. Particulars Code 1. (a) Business income/(loss) for the year after depreciation and amortization 261111 (b) Business income/(Loss) for the year transferred to Return of Total Income for adjustement 261112 against (loss)/income for the year under any other head of income 3901 (c) Loss for the year surrendered in favour of a holding company Balance business income/(loss) for the year after depreciation and amortization [Add (d) 261114 1(a) minus 1(b) minus 1(c)] 2. (a) (b) (c) 3. (a) (b) (c) (d) (e) (f) (g)
Breakup of balance income/(loss) for the year after depreciation and amortization:
2012
B-1
Amount (Rs.)
261211 3900 3988 3987 261311 261312 261313 261314 261315 261316 261317 261318 Balance carried forward
Business income/(loss) for the year before depreciation/amortization Depreciation for the year including unabsorbed depreciation brought forward Amortization for the year including unabsorbed amortization brought forward
Details of adjustments of brought forward business losses, losses of subsidiary, depreciation and amortization including unabsorbed depreciation and amortizaton
Business income/(loss) for the year before depreciation and amotization [from 2(a) above] Adjustment of brought forward business losses Adjustment of losses of subsidiary Adjustment of depreciation including unabsorbed depreciation brought forward Adjustment of amortization including unabsorbed amortization brought forward Balance business Income after adjsutment transferred to Return of Total Income [3(a) minus 3(b) minus 3(c) minus 3(d) minus 3(e), if greater than zero, else Nil] Balance business loss after adjsutment carry forward [3(a) minus 3(b) minus 3(c) minus 3(d) minus 3(e), if less than zero, else Nil] Code Balance brought forward OR For the current year Of amalgamating Taxpayers own
company
forward)
Amount (Rs.) Amount (Rs.) Amount (Rs.) 4. Details / breakup of business losses brought forward and carried forward (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)
Current year - 10 Year Current year - 9 Year Current year - 8 Year Current year - 7 Year Current year - 6 Year Current year - 5 Year Current year - 4 Year Current year - 3 Year Current year - 2 Year Current year - 1 Year Current year 3900 3900 3900 3900 3900 3900 3900 3900 3900 3900 3900 262422
Amount (Rs.)
Amount (Rs.)
Total
5. Details / breakup of un-absorbed depreciation brought forward and carried forward 319288 (a) B/Forward 319288 (b) Current year
Total
262513
6. Details / breakup of un-absorbed amortization brought forward and carried forward (a) (b)
B/Forward
Current year 319287 319287 262613
Total
7. Details / breakup of losses of subsidiaries brought forward and carried forward (a) Current year - 2 Year 3904 (b) Current year - 1 Year 3904 3904 (c) Current year
Total 262714
Signature:
Annex C-1
Tax Already Paid Including Adjustments (Including Surcharge) NTN Reg/Inc No.
2012 C-1
Particulars Advance Tax U/S 147(1) (Cash Payments) 1. 2. 3. 4. 5. 6 7 8 9 10 First installment Second installment Third installment Fourth installment Sub-Total [Add 1 to 4] First installment Second installment Third installment Fourth installment Sub-Total [Add 1 to 4] CPR No. CPR No. CPR No. CPR No.
Evidence of payment attached Evidence of payment attached Evidence of payment attached Evidence of payment attached
Advance Tax U/S 147(5B) (Cash Payments) CPR No. CPR No. CPR No. CPR No.
Evidence of payment attached Evidence of payment attached Evidence of payment attached Evidence of payment attached
11 12 13 14
Tax Collected/Deducted at Source (Other than tax collected/deducted on receipts/value of goods subject to final taxation) On import of goods Evidence of payment attached
On Import of CBU motor vehicle by manufacturers Evidence of payment attached
94039
Evidence of payment attached Bank Branch Share%
94049
On payments for goods On payments for services On payments for execution of contracts On property income On cash withdrawal from bank
Certificate/Account No. etc.
22 23
Evidence of payment attached Evidence of payment attached Owner's Name Manufacturer Prticulars
Registration No.
24 25 26 27
Evidence of payment attached Evidence of payment attached Evidence of payment attached Evidence of payment attached Owner's Name Share%
Registration No.
30 31 32 33 34
On sale by auction
On purchase of domestic air travel ticket Evidence of payment attached 94121 Others Sub-Total [Add 11 to 32] 94599 Adjustment of Prior Year(s) Refunds Determined by Department
Refund adjustments (To the extent adjustment is required against the current year's tax payable, if any)
Refund Assessed Tax Year (a) (b) (c) (d) Amount (Rs.) Previous Adjustments Tax Year Amount (Rs.)
Available for Adjustment
Amount (Rs.)
35 36
Total Tax Already Paid Including Adjustments Transfer to the Return of Income [Add 5 plus 10 plus 33 plus 34(d)] Workers Welfare Fund Already Paid
CPR No.
Evidence of payment attached
Signature
Annex D-1
Breakup of Sales in case of Multipe Business
Reg./Inc. No.
Taxpayer Name
2012
D-1
NTN Tax Year RTO/LTU
2012
Gross Profit/Loss (4) = (2) - (3)
Business Name
Sales (2)
(1)
Business Name 1 Business Acitivity
Business Name 2 Business Acitivity Business Name 3 Business Acitivity Business Name 4 Business Acitivity Business Name 5 Business Acitivity
Total [to be reconciled with Sr. 15 & 32 of the Main Return (IT-1)]
Signature:
Note : Grey blank fields are for official use
Annex E-1
Statement of Assets & Liabilities
Reg./Inc. No.
Taxpayer Name
2012
E-1
NTN Tax Year RTO/LTU
Amount
18 19 20 21 22 23 24 25 26 27 28 29 30
Liabilities Capital Paid-up Capital Reserves Accumulated Profits Surplus on Revaluation Long Term Liabilities Long Term Loans Deferred Liabilities Current Liabilities Trade & Other Payables Short Term Loans Other Liabilities Total Capital & Liabilities
Code
8699 8621 8641 8661 8671 8799 8701 8711 8899 8801 8821 8901 8999
Amount
Fixed Assets Land Building Plant & Machinery Capital Work-in-Progress Motor Vehicles Office Equipment Furniture & Fixtures Current Assets Investments Cash & Cash Equivalents Stock in Trade/Stores/Spares Trade Receivables Advances/Deposits/Prepayments/Other Receivables Intangible assets Other Assets Total Assets
Signature:
Annex F-1
Foreign Income
Reg./Inc. No.
Taxpayer Name
2012
F-1
NTN Tax Year RTO/LTU
2012
Code
Business Name
Code Code Code `
Particulars
1. Foreign income/loss for the year Name of country (a) (b) (c) (d) Sub-total [Add 1(a) to 1(c)]
6311 6312 6313 6331 6332 6333 6321 6322 6323 6341 6342 6343 6351 6352 6353
6319
6339
6329
6349
6359
In case of income at 1(d) above transfer to row 2 below; and In case of loss at 1(d) above transfer the loss to "Details / breakup of foreign losses brought forward and carry forward" at 6(d) below 2. Income for the year 3. B/F losses * transferred
from 6(b) below
6319
63177
6339
63377
6329
63277
6349
63477
6359
63577
* under the respective head adjusted against the income under that head for the year
6320
6340
6330
6350
6360
6381
6383
6382
6384
6385
6. Details / breakup of foreign losses brought forward and carried forward (a) Foreign losses brought forward Tax year (i) (ii) (iii) (iv) (v) (vi) (vii)
Sub-total [Add 6(a)(i) to 6(a)(vi)]
63176 63175 63174 63173 63172 63171 63376 63375 63374 63373 63372 63371 63276 63275 63274 63273 63272 63271 63476 63475 63474 63473 63472 63471 63576 63575 63574 63573 63572 63571
6137
6337
6327
6347
6357
(b)
63177 63178
63377 63378
63277 63278
63477 63478
63577 63578
6319
6339
6329
6349
6359
(e)
6318
6338
6328
6348
6358
7.
Attached
Yes
No
Documents and records maintained in support of foreign income declared 8. 9. 10. 11. 12.
Signature:
Annex G-1
Income / (Loss) from Other Sources
Reg./Inc. No.
Taxpayer Name
2012
G-1
NTN Tax Year RTO/LTU
Net Income / (Loss) Exempt Income / Balance (Loss) Income / (Loss)
2012
Business Name
Sr. Nature of Income 1 Royalty Applicable to resident persons only 2 Profit on debt (Interest, yield, etc.) 3 4 5 Rent from sub-lease of land or building Lease of building together with plant and machinery *
Loan, advance (other than advance against sale of goods or supply of services), deposit for issuance of shares or gift received otherwise than by a crossed cheque drawn on a bank or through banking channel from a person holding NTN card
Gross
Deductions
6 7
Yes
Yes
No
Documents and records maintained in support of income from other sources declared 9. 10. 11. 12. 13.
Date :
Signature
2012
H-1
2012
Consumed 6=(3+4-5)
1 Local Raw material 2 Imported Raw Material 3 Stores and Spares 4 Fuel/Power 5 Work in progress 6 Finished Goods - Local Purchases 7 Finished Goods - Imported
8 9 10
Signature
Annex J-1
TRANSACTIONS WITH NON RESIDENTS (TO BE FILLED BY TAXPAYERS WHOSE TRANSACTIONS, IN AGGREGATE, WITH NON-RESIDENTS ARE MORE THAN 50 MILLION DURING THE TAX YEAR)
Reg/Inc No. Taxpayer Name Business Name Type Intangible Property Sr. Description Rents, Royalties, License fee Intangible property, acquired Managerial, financial Name of Non-Resident Address Country NTN Tax Year RTO/LTU Revenue From Non-Resident
2012
J-1
2012
Expenditure to Non-Resident
3 administrative, marketing ,
Services
4 construction, etc.
Financial
13
15 Interest free Loans advanced 16 Interest free Loans borrowed 17 Investment in any non resident
Sold to Non-Resident
18 Stock in trade or Raq material 19 Finished Goods 20 Others 21 Property of capital nature 22 Total Value of Transactions (Sum of 1 to 21 except beginning balances) [Transfer to Sr. xxxx of main return]
Yes If Yes, Pl. specify: Yes If Yes, Pl. specify: Yes If Yes, Pl. specify: No
Has the company received from or provided to any non-resident any non-monetary consideration for any 23 service, transfer of tangible or intangible property, or anything whatever, under an arrangement including exchange, swap, barter, bonus, discount etc.?
Others
24
Has the company received from or provided to any non-resident any service, transfer of tangible or intangible property, or anything whatever, for which there was nil consideration? Did a non-resident participate directly or indirectly in your capital, management or control during the tax year?
No
25
No
26 State the number of associates with which you had dealings during the tax year.
Date : ___________________
Signature
Annex - K-1
Bifurcation of Income/(Loss) from business attributable to Sales/Receipts etc. subject to Final Taxation Taxpayer Name NTN Particulars 1. Sales (net of brokerage, commission and discount)
(a) (b) (c) (d) (e) (f) (g) (h) Local sales/supplies - Out of imports (Trading) Local sales/supplies - Others Execution of contracts Export sales Others Sub-total [ Add 1(a) to 1(e)] Selling expenses (Freight outward, etc.) Net ex-factory or F.O.B. sales [ 1(f) minus 1(h)] CNIC (for individual)
2012
K-1
Code
3010F 30101F 30102F 30103F 30104F 30105F 30106F 30107F
(i) (ii)
30108F 3011F
2. Cost of sales
(a) Apportioned on the basis of:
3011
(b) (c)
As per income statement Adjustment of inadmissible costs etc. (i) (ii) (iii) (iv) Accounting depreciation Accounting amortization Others
30111 30112
301121 301122 301123 301124
(d) (e)
Sub-total [Add c(i) to c(iv)] Revised cost of sales [2(b) minus 2(d)]
30113 30114
30113F 30114F 3012F 30121F 30122F 301221F 301222F 301223F 301224F 301225F 30123F 3013F
3012
30121 30122
301221 301222
Royalty & fee for technical services (non-residents) 301223 301224 Others 301225 Other inclusions/exclusions in income
(i) (ii)
30123
3013
(b) (c)
As per income statement Adjustment of inadmissible expenditures etc. (i) (ii) (iii) (iv) (v) (vi) Accounting depreciation Accounting amortization Markup lease financing Selling expenses (Freight outward, etc.) Other inadmissible deductions Others
30131 30132
301321 301322 301323 301324 301325 301326
301323F 301324F 301325F 301326F 30133F 30134F 301341F 301342F 301343F 301344F 301345F 30135F 30136F 3014F
(d) (e)
Sub-total [Add c(i) to c(vi)] Adjustment of admissible expenditures etc. (i) (ii) (iii) (iv) (v) Tax depreciation (Total) Tax amortization (Total) Lease rentals Other admissible deductions Others
30133 30134
301341 301342 301343 301344 301345
(f) (g)
Sub-total [Add e(i) to e(v)] Net expenditure [ 4(b) minus to 4(d) plus 4(f)]
30135 30136
3014
Signature
___________________
Annex L-1
Admissible/Inadmissible Deductions and Adjustments
2012 L-1
Reg/Inc No
Particulars
Code
31901 31902 31903 31904 31905 31900 319101 319102 319103 319104 319105 319106 319107 319108 319109 319110 319111 319112 319113 319114 319115 319116 319117 319118 319119 319120 319121 319122 319123 319124
Amount (Rs.)
13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
319100
IT-2 (Page 1 of 2)
N NTN
Gender Year Ending Tax Year Person Male Female
Registration
Business Address Res. Address E-Mail Address Principal Activity Employer Representative Authorized Rep.
NTN NTN NTN Name Name Name Phone Code
2012
IND
Non-Res.
AOP
Resident
RTO/LTU
Is authorized Rep. applicable?
Yes
No
NTN Ownership
Proprietor/Member/Partners' Name
% in Capital
Capital Amount
Net Sales (excluding Sales Tax/ Federal Excise Duty & Net of Commission/ Brokerage) Cost of Sales [3 + 4 + 5 - 6] Opening Stock Net Purchases (excluding Sales Tax/ Federal Excise Duty & Net of Commission/ Brokerage) Other Manufacturing/ Trading Expenses Closing Stock Gross Profit/ (Loss) [1-2] Transport Services U/S 153(1)(b) (Transferred from 40(c)) Other Services U/S 153(1)(b) (Transferred from 40(d)) Other Revenues/ Fee/ Charges for Professional and Other Services/ Commission Profit & Loss Expenses Net Profit/ (Loss) [(7 + 8 + 9 + 10) - 11] Inadmissible Deductions Admissible Deductions Unadjusted Loss from business for previous year(s) Un-absorbed Tax Depreciation for previous/ current year(s)
Transfer from Sr-24 of Annex-G] [Transfer from Sr-22 of Annex-E] [to be reconciled with Annex-E] [Transfer from Sr. 27 of Annex-A] [Transfer from Sr. 27 of Annex-A]
Business Income/ (Loss) [ (12 + 13) - 14 - 15 - 16 ] Share from AOP [Income/(Loss)] Capital Gains/(Loss) u/s 37 Other Sources Income/ (Loss) Foreign Income/ (Loss)
Workers Welfare Fund (WWF) Workers Profit Participation Fund (WPPF) Charitable donations admissible as straight deduction Taxable Income/ (Loss) [17 - 24] Exempt Income/ (Loss) [Sum of 31 to 37] Salary Income Property Income Business Income/ (Loss) Capital Gains/(Loss) Agriculture Income Foreign Remittances (Attach Evidence) Other Sources Income/ (Loss) Tax chargeable on Taxable Income Tax Reductions/Credits/Averaging (including rebate on Bahbood Certificates, etc.) Difference of minimum Tax Chargeable on business transactions [40(e)(v) minus 40(e)(iii)] (i) (ii) (iii)
Import Value/Services receipts subject to collection or deduction of tax at source
100% Code 3103 3116 3117 3106 3111 3118 3119 3121 3122 3131 3189 3190 3191 3192 3902 3988 9099 1999 3999 312021 4999 5999 6399 9139 9121 9122 9123 9124 9199 6199 6101 6102 6103 6104 6106 6107 6105 9201 9249
Total
Adjustments
(iv) Rate 3% 5% 2% 6%
Minimum tax
(v)
Higher of (iii) or (iv)
Proportionate tax*
9303
Tax Computation
Import of Edible Oil U/S 148(8) Import of Packing Material U/S 148(8) Transport Services U/S 153(1)(b) Other Services U/S 153(1)(b)
Total
* [(38 minus 39) divided by 29 multiply by 40(a)(ii) or 40(b)(ii) or 40(c)(ii) or 40(d)(ii), as the case may be]
41 Minimum tax on electricity consumption under section 235(4) Amount of tax collected along with electricity bill where the monthly bill amount is up to Rs. 30,000 42 Balance tax chargeable [ (38 minus 39 plus 40) or 41, whichever is higher 43 Minimum Tax Payable U/S 113 [43(iv) minus 41, if greater than zero, else zero]
Total Turnover (i) (ii) Minimum tax @ 1% 44 Net tax chargeable [42 + 43 + 90] 45 Total Tax Payments (Transfer from Sr. 28 of Annex-B)
47 Refund Adjustments (not exceeding current year's tax payable)
(iii) (iv)
Reduction @
48 Annual personal expenses for individual only (transfer from Sr. 12 of Annex-D)
Signature
IT-2 (Page 2 of 2)
N NTN
2012
Tax Chargeable
Business Name
Source
49 Imports 50 51 52 53 Dividend 54 55 Profit on Debt 56 Royalties/Fees (Non-Resident) 57 58 Contracts (Non-Resident) 59 Insurance Premium (Non-Resident)
Code
64013 64011 64012 64015 64032 64033 64041 640511 640512 640521 640524 640525 640611 640612 640613 640614 640631 640632 640641 64072 64075 64091 64092 64101 64121 64122 64123
Receipts/Value
Rate (%)
Code
92013 92011 92012 92015 92032 92033 92041 920511 920512
920521 920524 920525 920611 920612 920613 920614 920631 920632 920641 92072 92075 92091 92092 92101 92121 92122 92123 92141
Final Tax
60 Advertisement Services (Non-Resident) 61 Supply of Goods 62 63 64 Payments to Ginners 65 Contracts (Resident) 66 67 Exports/related Commission/Service 68 69 Foreign Indenting Commission 70 Prizes/Winnings of cross word puzzles 71 Winnings - Others 72 Petroleum Commission 73 Brokerage/Commission 74 Advertising Commission 75 Services to Exporters u/s 153(2) 76 Goods Transport Vehicles 77 Gas consumption by CNG Station 78 Distribution of cigarette and pharmaceutical products 79 Retail Turnover upto 5 million 80 Retail Turnover above 5 million 81 Property Income 82
Capital gains on Securities held for < 6 months Capital gains on Securities held for >= 6 months and < 12 months Capital gains on Securities held for >= 12 months
64142 64143 310102 310103 210101 610401 610402 610403 310431 112001 112002 63311 118301
Fixed Tax
83 84
10 8.00 0 2 2.5 5 1
9202 Acknowledgement
Verification
Self/ Partner or Member of Association of Persons/ Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of Taxpayer named above, do solemnly declare that to the best of my knowledge and belief the information given in this Return/Statement u/s 115(4) and the attached Annex(es), Statement(s), Document(s) or Detail(s) is/are correct and complete in accordance with the provisions of the Income Tax Ordinance, 2001 and Income Tax Rules, 2002 (The alternative in the verification, which is not applicable, should be scored out).
Date :
Signatures:
Annex-A
Description
WDV (BF)
Additions
Deletions
Rate (%) 50% 50% 50% 0% 50% 50% 50% 50% 0% 50% 50% 50% 90% 0% 0%
Initial Allowance Rate (%) 10% 15% 30% 15% 15% 100% 20% 30% 15% 15% 15% 30% 15% 50% 15%
Extent (%)
Depreciation
WDV (CF)
2012
Tax Year
Depreciable Assets
1 Building (all types) 2 Machinery and plant (not otherwise specified) 3 Computer hardware (including allied items) 4 Furniture (including fittings) 5 Technical and professional books 6 Below ground installations of mineral oil concerns 7 Off shore installations of mineral oil concerns
8 Machinery and equipment used in manufacture of IT products 320308 9 Motor vehicles (not plying for hire) 10 Motor vehicles (plying for hire) 11 Ships 12 Air crafts and aero engines Machinery and equipment Qualifying for 1st year 13 Allowance
Computer hardware including printer, monitor and allied items,
14 that have been used previously in Pakistan Any plant or machinery that has been used previously 15 in Pakistan 16 Any plant or machinery in relation to which a deduction has been allowed under another section for the entire cost of the asset in the tax year in which the asset is acquired. Total Description Intangibles 17 Intangibles 18 Expenditure providing long term advantage/benefit 19 Total Description 20 Pre commencement expenditure Description Unadjusted Business loss for previous year adjusted against Business income for current year 21 Brought Forward Adjustments Unadjusted Business loss for previous year adjusted against Business income for current year 22 Unadjusted Business loss for previous year adjusted against Business income for current year Unadjusted Business loss for previous year adjusted against Business income for current year
320311
0%
15%
Reg/Inc/CNIC No.
Acquisition Date
Useful Life(Years)
Original Cost
Extent (%)
Amortization
Original Expenditure
Amortization
Description Unabsorbed Amortization of intangibles / expenditure providing long term advantage/benefit for previous year(s) adjusted against Total Income for current year Amortization of intangibles / expenditure providing long term advantage/benefit for current year adjusted against Total Income for current year Unabsorbed tax depreciation/initial allowance of fixed assets for previous year(s) adjusted against Total Income for current year Depreciation/initial allowance of fixed assets for current year adjusted against Total Income for current year
Code
Amount
Tax Year
3987
upto 2011
3902
2007
3987
2012
3902
2008
23
3988
upto 2011
3902
2009
24
3988
2012
Unadjusted Business loss for previous year adjusted 25 against Business income for current year Unadjusted Business loss for previous year adjusted 26 against Business income for current year
3902 3902
2010 2011 Total (Not exceeding the amount of Total Income available for adjustment) (transfer to Sr. 16 of Main Return)
NTN
Total (Not exceeding the amount of Business Income available for 27 adjustment) (transfer to Sr. 15 of Main Return)
Annex-B
2012
B
Code
94019 94029 94039 94043 Share% 94049
Particulars
1 2 3 4 5 On import of goods (other than tax deduction treated as final tax) From salary On dividend Income (other than tax deduction treated as final tax) On Government securities On profit on debt (other than tax deduction treated as final tax)
Certificate/Account No. etc.
Bank
Branch
6 7 8 9 10 11 12
On payments received by non-resident (other than tax deduction treated as final tax) On payments for goods (other than tax deduction treated as final tax) On payments for services (other than tax deduction treated as final tax) On payments for execution of contracts (other than tax deduction treated as final tax) On property income
Bank
Branch
Share%
94119
Owner's Name
15 16 17 18
On sale/purchase of shares through a Member of Stock Exchange On trading of shares through a Member of Stock Exchange On financing of carry over trade With motor vehicle token tax (Other than goods transport vehicles)
Registration No.
Engine / Seating Capacity
Owner's Name
94159
94169
21 22 23 24
Total Tax Deductions at source (Adjustable Tax) [Sum of 1 to 22] Total Tax Deductions at source (Final Tax)
25 Advance Tax U/S 147(1) [ a + b + c + d] a. First installment b. Second installment c. Third installment d. Fourth installment a. First installment b. Second installment c. Third installment d. Fourth installment CPR No. CPR No. CPR No. CPR No.
Tax Payments
26 Advance Tax U/S 147(5B) [ a + b + c + d] CPR No. CPR No. CPR No. CPR No.
9461
27 Admitted Tax Paid U/S 137(1) CPR No. 28 Total Tax Payments [23 + 24 + 25 + 26+27] (Transfer to Sr. 45 of Main Return)
WWF Payable with Return (WWF payable will be
9471
9308
Annex C
Breakup of Sales in case of Multiple Businesses
Taxpayer Name CNIC/Reg.No. Business Name NTN Tax Year RTO/LTU
2012
C
0
2012
0
Sales (2)
(1)
Business Name 1 Business Activity Business Name 2 Business Activity Business Name 3 Business Activity Business Name 4 Business Activity Business Name 5 Business Activity
Signature:
Note : Grey blank fields are for official use
Annex - D
2012 D
Expenses
4 Residence rent/ground rent/property tax/fire insurance/security services/water bills 5 Education of children/ spouse/ self (Optional, it can be included in Sr-9) 6 Travelling (foreign and local) (Optional, it can be included in Sr-9) 7 Running and maintenance expenses of Motor vehicle(s)
8 Club membership fees/bills 9 Other personal and household expenses 10 Total personal expenses (Sum of 1 to 9) 11 (Less) Contribution by family members 12 Net Personal Expenses (10 - 11) transfer to Sr-44 of Main Return Adults 13 Number of family members/dependents 1 Minor 3
Signature: _____________________
Annex - E
Deductions (Admissible & Inadmissible)
2012 E
CNIC (for individual)
Particulars
Code
319287 319288 319289 319298 3192 319101 319102 319104 319105 319106 319107 319108 319109 319110 319110 319112 319113 319114 319115 319116 319118 319120 319121 319123 319124 319125
Amount (Rs.)
5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
21 Any other (please specify) 22 Total [Add 1 to 21] to be transferred to Sr-13 of main return
3191
Signature _______________________
Annex - F
Bifurcation of Income/(Loss) from business attributable to Sales/Receipts Etc. subject to Final Taxation
2012
Taxpayer Name NTN Particulars 1. Sales (net of brokerage, commission and discount)
(a) (b) (c) (d) (e) (f) (g) (h) (a) (b) (c) Local sales/supplies - Out of imports (Trading) Local sales/supplies - Others Execution of contracts Export sales Others Sub-total [ Add 1(a) to 1(e)] Selling expenses (Freight outward, etc.) Net ex-factory or F.O.B. sales [ 1(f) minus 1(h)] Apportioned on the basis of: As per income statement Adjustment of inadmissible costs etc. (i) (ii) (iii) (iv) (d) Sub-total [Add c(i) to c(iv)] Accounting depreciation Accounting amortization Others CNIC (for individual)
Total Code Amount (Rs.) 3010 30101 30102 30103 30104 30105 30106 30107 30108 3011
(i) (ii)
Code
3010F 30101F 30102F 30103F 30104F 30105F 30106F 30107F 30108F 3011F
2. Cost of sales
30111 30112
301121 301122 301123 301124
30113 30114 (e) Revised cost of sales [2(b) minus 2(d)] 3. Gross profit/(loss) / other business revenues/receipts 3012 (a) Gross profit [ 1(h) minus 2(e)] 30121 (b) Other business revenues/receipts 30122
(i) (ii) (iii) (iv) (v) (c) (a) (b) (c) Brokerage and commission Transport services 301221 301222
30113F 30114F 3012F 30121F 30122F 301221F 301222F 301223F 301224F 301225F 30123F 3013F
Royalty & fee for technical services (non-residents) 301223 301224 Others Other inclusions/exclusions in income 301225
Total gross income [ Add 3(a) to 3(b)(v)] Apportioned on the basis of: As per income statement Adjustment of inadmissible expenditures etc. (i) (ii) (iii) (iv) (v) (vi) Accounting depreciation Accounting amortization Markup lease financing Selling expenses (Freight outward, etc.) Other inadmissible deductions Others
30123 3013
(i) (ii)
30131 30132
301321 301322 301323 301324 301325 301326
301323F 301324F 301325F 301326F 30133F 30134F 301341F 301342F 301343F 301344F 301345F 30135F 30136F 3014F
(d) (e)
Sub-total [Add c(i) to c(vi)] Adjustment of admissible expenditures etc. (i) (ii) (iii) (iv) (v) Tax depreciation (Total) Tax amortization (Total) Lease rentals Other admissible deductions Others
30133 30134
301341 301342 301343 301344 301345
(f) (g)
Sub-total [Add e(i) to e(v)] Net expenditure [ 4(b) minus to 4(d) plus 4(f)]
Signature _______________________
2012
G
2012
Registry
Sr. Description
1 2 3 4 5 6
Code
311101 311102 311103 311106 311108 311118
Amount
Salaries,Wages Electricity Gas Stores/Spares Repair & Maintenance Other Expenses Total [ Add 1 to 6] [Transfer to Sr. 5 of main Return]
7 8 9 10
31100
3141 3144 3145 3148 3154 3153 3155 3157 3159 3160 3161 3163 31821 31822 31080 31090
Rent/ Rates/ Taxes Salaries & Wages Travelling/ Conveyance Electricity/ Water/ Gas Communication Charges Repairs & Maintenance Stationery/ Office Supplies
11 12 13 14
15 Advertisement/ Publicity/ Promotion 16 17 18 19 20 21 22 Insurance Professional Charges Profit on Debt (Markup/Interest) Donations Bad Debts Written Off Obsolete Stocks/Stores/Spares Written Off Selling expenses(Freight outwards etc.)
3170
RETAILER'S STATEMENT U/S 115 (4) OF THE INCOME TAX ORDINANCE, 2001
(For retailers (Individuals & AOPs) having annual turnover upto 5 million rupees
IT-4
(English)
2012
Female
REGISTRATION COMPUTATION
2 3 4
8 9
10 Closing Stock 11 Turnover Tax payable u/s 113A @ 1 % of turnover (1% of Sr-9) 12 Turnover Tax Paid 13 CPR No.
CPR Date
14 Agriculture Income 15 Foreign Remittance (along with proof) 16 Dividend income 17 Profit on debt Description 18 Residence electricity bills 19 Residence telephone/mobile/internet bills Expenses
PESONAL EXPENSES
20 Residence gas bills 21 Residence rent/ground rent/property tax/fire insurance/security services/water bills 22 Education of children/ spouse/ self (Optional, it can be included in Sr-26) 23 Travelling (foreign and local) (Optional, it can be included in Sr-24) 24 Running and maintenance expenses of Motor vehicle(s) 25 Club membership fees/bills 26 Other personal and household expenses 27 Total personal expenses (Sum of 18 to 26) (Less) Contribution by family members 28 29 Net Personal Expenses (27 - 28) 30 Number of family members/dependenets Adults Minors ACKNOWLEDGEMEN
VERIFICATION
I, ______________________________________ holder of CNIC No. _______________ in my capacity as Self/ Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of Taxpayer named above, do solemnly declare that to the best of my knowledge and belief the information given in this Statement is correct and complete in accordance with the provisions of the Income Tax Ordinance, 2001 and Income Tax Rules, 2002 (The alternative in the verification, which is not applicable, should be scored out).
Date :
Signature
Note-1 : Retailers having turnover of more than Rs. 5 million should file IT-2 Return instead of this Statement Note-2 : Retailers having any other source of income should file IT-2 Return instead of this Statement
"
"Part - II D WEALTH STATEMENT UNDER SECTION 116 OF THE INCOME TAX ORDINANCE, 2001
Taxpayer's Name CNIC Address Particulars/Description of assets and liabilities (Please read WS Notes for guidance)
WS 1/2
N
NTN Tax Year RTO/LTU Code 821311 Code 82131101 82131102 82131103 82131104 82131105 82131106 82131107 82131108 82131109 82131110 711111 Code 71111101 71111102 71111103 71111104 71111105 71111106 71111107 71111108 71111109 71111110 711211 Code 71121101 71121102 71121103 71121104 71121105 71121106 71121107 71121108 71121109 71121110 Amount (Rs.) Amount (Rs.) Amount (Rs.) -
2012
1.
Sr. 1 2 3 4 5 6 7 8 9 10
2.
Sr. 1 2 3 4 5 6 7 8 9 10
3.
Sr. 1 2 3 4 5 6 7 8 9 10
4.
Sr. 1 2 3 4 5 6 7 8 9
Agricultural Property (Tractor, Trolley, Loader, Tubewell, Turbine, Sprinkler, Planter, Harvester, Thrasher, Driller & other Agricultural Equipments etc. & Live Stock)
712111 Code 71211101 71211102 71211103 71211104 71211105 71211106 71211107 71211108 71211109 Amount (Rs.)
Property Name
10
71211110 Investments (Specify stocks, shares, debentures, unit certificates, other certificates, deposits and certificates of National Saving Schemes,mortgages, loans, advances, etc.) Description of Investments
5.
Sr. 1 2 3 4 5 6 7 8 9 10
712611 Code 71261101 71261102 71261103 71261104 71261105 71261106 71261107 71261108 71261109 71261110 712641 Code 71264101 71264102 71264103 71264104 71264105 71264106 71264107 71264108 71264109 71264110 712211 Code 71221101 71221102 71221103 71221104 71221105 71221106 71221107 71221108 71221109 71221110 712411 Code 71241101 71241102 71241103 71241104 71241105 71241106 71241107 71241108 71241109 71241110 712311 Code 71231101 71231102 71231103 Amount (Rs.) Amount (Rs.) Amount (Rs.) Amount (Rs.) Amount (Rs.) -
6.
Sr. 1 2 3 4 5 6 7 8 9 10
7.
Sr. 1 2 3 4 5 6 7 8 9 10
8.
Sr. 1 2 3 4 5 6 7 8 9 10
9.
Sr. 1 2 3
4 5 6 7 8 9 10
10.
7128 712811
712711 (b) Non-business bank balances, etc. in current/ deposit/ savings accounts or any other deposit) Sr. 1 2 3 4 5 6 7 8 9 10 Account No. Country Bank Name
City Name Br. Code
Branch Name
Code 71271101 71271102 71271103 71271104 71271105 71271106 71271107 71271108 71271109 71271110 7126 Code 71267101 71267102 71267103 71267104 71267105 71267106 71267107 71267108 71267109 71267110 713111 Code 71311101 71311102 71311103 71311104 71311105 71311106 71311107 71311108 71311109 71311110 719999
Amount (Rs.)
11.
Sr. 1 2 3 4 5 6 7 8 9 10
12.
Sr. 1 2 3 4 5 6 7 8 9 10
Assets, if any, standing in the name of spouse, minor children & other dependents* Description
13. Total Assets [ Sum(1 to 12) ] 14. Liabilities (including mortgages, loans, overdrafts, advances,
borrowings, amounts due under hire purchase agreement )
Sr. 1 2 3 4 5 Business Name
6 7 8 9 10
Minors
Total Liabilities [ sum( 14(a) to 14(b) ] Net Wealth of the current year [13 minus 15] Annual personal expenses ( To be Reconciled with Annex D/IT-4) Number of family members and dependents Assets, if any, transferred to any person
Description
729999 799999 749999 740000 714111 Code 71411101 71411102 71411103 71411104 71411105 71411106 71411107 71411108 71411109 71411110 Verification
Amount (Rs.) -
I, , holder of CNIC No. in my capacity as Self / Representative* of Taxpayer named above, do hereby solemnly declare that to the best of my knowledge and the assets and liabilities of myself, my spouse and of my personal expenditure for the year belief the information given in this statement ofor spouses, minor children and other dependents as on ended are correct and complete in accordance with the provisions of the Income Tax Ordinance, 2001 and Income Tax Rules, 2002. (The alternative in the verification, which is not applicable, should be scored out.) * As defined in section 172 of the Income Tax Ordinance, 2001 Date (dd/mm/yyyy): Signature
WS 2/2
2012
Amount (Rs.)
Particulars
1 2 3 4 Net assets as on 30-06-2012 Net assets as on 30-06-2011 Increase/Decrease [1 - 2] Income a) Income declared for the Tax Year - 2012 b) Exempt income including agriculture income c) Others i) ii) iii) iv) v) 5 Expenditures a) Personal expenditures b) Other expenditures i) ii) iii) iv) v) 6 Increase/ Decrease in wealth [4 - 5]
Code
Date :
Signature:
"