GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL...
Transcript of GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL...
GOVERNMENT OF PAKISTAN REVENUE DIVISION
FEDERAL BOARD OF REVENUE ********
Islamabad, the 6th September, 2013
NOTIFICATION (Income Tax)
S.R.O. 772(I)/2013.- The following draft of certain further amendment in
the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to
make in exercise of the powers conferred by sub-section (1) of section 237 of the
Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for the information
of all persons likely to be affected thereby, as required by sub-section (3)
of the said section, and notice is hereby given that the draft will be
taken into consideration by the Federal Board of Revenue after seven days of its
publication in the official Gazette. Any objection or suggestion, which may be received
from any person, in respect of the said draft, before the expiry of the aforesaid period,
shall be considered by the Federal Board of Revenue.
DRAFT AMENDMENT
In the aforesaid Rules, in the Second Schedule, after “Part-I C”, the following shall be inserted, namely:-
1
2
City
4 Code
5 NTN
6
92
7 93
8 94
9 95
10 96
11 97
12 98
13 99 Total Assets
14 100 Total Liabilities
15 101 Yes No
16 Annex H-1 102
17 Annex H-1 Rate
18 103 5%
19 104 1%
20 105 2%
21 Annex H-1 106
22 Annex H-1 107 5%
23 108 10%
24 109 4%
25 110 1%
26 111
27 112
28 113 6%
29 114 3.50%
30 Decrease/Increase in Work in Process Annex H-1 115 1.50%
31 Finished Goods Purchases (Local) Annex H-1 116
32 Finished Goods Purchases (Imports) Annex H-1 117 1%
33 118 6%
34 119
35 120 1%
36 121 0.50%
37 122
38 123 5%
39 124 10%
40 125 20%
41 126 10%
42 127 10%
43 128 5%
44 129 1%
45 130
46
47 Rate
48 131
49 132 1%
50 133
51 134
52 135 10%
53 136 5%
54 137 2%
55
56 Rate
57 138 10%
58 139
59 140
60 141
61 142 @
62 143
63 144
64145
65 No
66 No
67 Partially Eligible
68
69 147
70
71 (i) (iii) %
72 (ii) (iv)
73 149
74 150
75 151
76 In-Admissible Deductions/Adjustments Annex L-1 152
77 Admissible Deductions /Adjustments Annex L-1 153
78 154
79 155
80 156
81 157
82 158
83 159
84 160
85 161
86 WWF 162
87 (i)
88
89 (ii)90
91
I, _________________________________________________________________________ holder of CNIC __________________________________________________
(*) Relevant clause to be selected from the dropdown list at the time of e-Filing of the return
Yes
YesIf, Yes, Do you want to avail Normal Tax Regime
Not Eligible
Eligible
Difference of minimum tax chargeable U/S 113 [148(iv) minus (142 minus 143 plus 145 minus 144), if
greater than zero, else zero]148
9497
Net Tax Refundable; may be credited to my bank account as under:
Total Tax Credits u/s 65B, 65D & 65E (Annex O-1 ) 9498
Total Tax Payable (150 plus 139) 9399
94591
Total Turnover
6699
Tax Credits & Reductions other than u/s 65B, 65D & 65E
Reduction (*) @
Capital gains arising on disposal of
immovable property held for > 1 year and
upto 2 year
64036 65036
Adjustment of unadjusted minimum tax paid in previous 3-Years - Subject to a max. of [142 minus 144]
210102
Code
Purchase of Locally Produced Edible Oil
Dividend Income for Banks only
Source
64034
Pro
fit
& L
os
s A
cc
ou
nt
(In
clu
din
g F
ina
l/F
ixe
d T
ax
)
Capital Gain u/s 37 31316
Tax Paid as per CPR No.
31315
Fix
ed
Ta
x
Services to Exporters u/s 153(2)
9199
64033 65033
9122
64032
9124
9201
Capital gains on Securities held for >= 6
months and < 12 months
65032
Difference of minimum tax chargeable on certain business transactions
Annex M - 1
310431
94592
64032
Local Raw Material/Components other than Stores/Spares
Imported Raw Material/ Components other than Stores/Spares
Other Fuels/Power
3119
3114
Gas 311103
650512
640521
Distribution of cigaratte and pharmaceutical
products
Gas consumption by CNG Station
650521
640614
Supply of Goods 640611
640613
Insurance/Re-insurance (Non Resident) 315901
Fee for Technical Services
De
du
cti
on
s/
Ad
jus
tme
nts
Fin
ish
e
d
31311
65021
316002
Other Sources
311108
311101
Contracts (Resident)
9139
311104
311118
6102
6103
6199
312021
6110
6104
6105
6108
6107
Tax Due
92143
316001
64021
640512
Amount
Is total value of transactions with Non-Residents/Associates is more than Rs. 50 million.
64143
65013
Share from AOP
Code
6106
To
tal
/ E
xe
mp
t In
co
me
Co
mp
uta
tio
n
Exempt Income
Code
Business Income
Source Receipts/ Value
Other Capital Gains
Agricultural Income
IT-1
"Part - I D
Re
gis
tra
tio
n
2013
2013RETURN OF TOTAL INCOME/STATEMENT OF FINAL TAXATION
UNDER THE INCOME TAX ORDINANCE, 2001 (FOR COMPANY)
Taxpayer's Name
Sh
are
Ho
ldin
g
%
Net Sales
31011
Items
Domestic Sales Subject to Final Tax
Sh
are
Ho
ldin
g
Capital
100%
Capital
31022
Other Domestic Sales
64011
Code
????
650611
Royalties 640511 650511
650612
650613
65071
650614
650631
65073
650632
65075
65076
64073
64076
64071
64075
Tax Due
65123
65141
64123
65121
65122
64121
64122
65034
920208
920235
920236
65035
64092
Receipts/Value Code
64141
64012
Media Services Payments received By Non-
Residents
Property Income
640612
640631
9249
920201
9218
9303
a) Do you fall under PTR Regime
b) In order to Determine your eligibility for availing Normal
Tax Regime, Click Annex N - 1
Net Minimum tax
31813
3186
3187
3188
Top 10 Share Holders' Names NTN
N°
Business Address
NTN
Reg/Inc No.Bussiness Name
Remaining Share Holders
%
Name
Non-Resident
Year Ending Date
Tax Year
Top 10 Share Holders' Names
3
Assessed N°
Principal Activity
Representative
ResidentRes. Status
Revised N°
Total
31021
31012
3101
310421
Annex E-1
31013
310411
Annex E-1
31314
Others
3107
311102
Domestic Commission/Brokerage Paid (-)
Export Sales
Repair & Maintenance
NTN
Foreign Commission/Brokerage Paid (-)
Salaries,Wages
Stores/Spares
Royalty
Electricity
Co
st
of
Go
od
s M
an
ufa
ctu
red
Workers Profit Participation Fund (WPPF) Paid During the Year
3135
3136
31822
31812
3177
31811
3179
3160
Dividend
Cost of Sales [to be reconciled with Annex-D-1]
Rebates/Duty Drawbacks
Fee for Technical Services 311110
3139
31313
311107
31014
311106
Accounting Depreciation 3115
311109
Gross Receipts
31317
Oil & Gas Exploration
310412
Profit on Debt (For Other Companies)
Communication Charges
3159
3189
Donations
3145
Salaries & Wages
3131
3148
Other Expenses
31312
3185
Gross Profit/ (Loss) To be reconciled with Annex-D-1
Bad Debts Provision
Directors' Fees
Fee for Technical Services
Other Revenues/ Fee/ Charges for Services etc.
9202
Mis
c.
Electricity/ Water/ Gas
Insurance
Royalty
Accounting Depreciation
Un-adjusted tax u/s 113 for previous 3-years
Professional Charges Total of Final and Fixed Tax Due
3161
3163
Loss on Disposal of Intangibles
146
Tax Due
Payment to Ginners for supply of cotton lint.
9250
Code
Exports/ Indenting Commission/Export
Services
Services rendered / contracts executed
outside Pakistan
Tax Collected/Deducted as Final Tax
3154
31311
3155
3116
Insurance
Management, Administrative, Selling & Financial expenses
Accounting Gain on Disposal of Intangibles
Accounting Gain on Disposal of Assets
Profit on Debt (For Financial Institutions)
Leasing
Telecommunication
310422
Insurance
3162
3164
3141
3144
3157
3153
65091
65092
Imports
65101
31810
Balance Final and Fixed Tax Payable/Refundable to be transferred to Net Tax Payable
Gross Tax on taxable income
Others
Obsolete Stocks/Stores/Spares Written Off
Obsolete Stocks/Stores/Spares Provision
31080
Advertisement/ Publicity/ Promotion
Receipts/Value
Minimum tax @ 0.5%
Other Provisions
31821
Diminution in Value of Investments Provision
3901
3902
Selling expenses(Freight outwards etc.)
Bad Debts Written Off
Net Profit/ (Loss)
3199
3190
3192
3191
3170
Ma
nu
fac
turi
ng
/ T
rad
ing
Ac
co
un
t (I
nc
lud
ing
Fin
al/F
ixe
d T
ax
)
Accounting Amortization
Workers Profit Participation Fund
Rent/ Rates/ Taxes
Travelling/ Conveyance
Loss on Disposal of Assets
Accounting Amortization
Repairs & Maintenance
Stationery/ Office Supplies
Profit on Debt (Markup/Interest)
Capital gains on Securities held for more than 12 months
Winnings - Others
Foreign Indenting Commission
Contracts (Non Resident)
Exports/ Indenting
Commission/Export Services
640632
64015
64013
Total
Source
64091
Exports/ Indenting Commission/ Indirect
Exports/ Export Services
Goods Transport Vehicles
Brokerage/Commission
Prizes/winnings of cross word
puzzles
Code
Advertising Commission
Ba
lan
ce
Sh
ee
t
Annex J-1Total Value of Transactions with Non-Residents/Associates
65012
65011
Fin
al T
ax
Sta
tem
en
t u
/s 1
15
(4)
Contracts (Non-Resident)
6599
315902
65015
Capital gains arising on disposal of
immovable property held upto 1 year64035
64101
Capital gains on Securities held for < 6
months
210101
Petroleum Commission
Total
Total Income/ (Loss) 9099
Balance Tax payable [If 151 - 152 > 0 then 151 - 152] else zero)
Taxable Income/Loss for the Year
Loss acquired from Subsidiary Company and Adjusted
Brought Forward Loss Adjusted/(Loss for the year Carry Forward)
Loss for the year surrendered to Holding Company
9217
Net Tax Payable [153 minus 154] 99991
9299
Ta
x C
om
pu
tati
on
A/C Number
Tax Collected/Deducted as Final Tax
9471
9499
3999 City
99993990
Other Sources Income/ (Loss) Annex G-1 5999
Un-adjusted tax u/s 113 to be carried forward
Balance tax chargeable on taxable income [142 minus 143 minus 144 plus 148]
Capital Gains 4999
9308
Business Income/(Loss)
Foreign Income/ (Loss) Annex F-1 6399
Branch Name & Code
Attach copy of Audited Accounts and notes thereto. Blank or
incomplete attachments will render the return invalidWorkers Welfare Fund (WWF) Paid During the Year
Deductible Allowances
Paym
en
t/ R
efu
nd
Tax Already paid including Adjustments and 140
Ban
k A
/C
Bank
WWF Payable
Copy of authority letter, in case return is transmitted by E-Intermediary.
De
ec
lara
tio
n
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
Charitable Donations Admissible for Straight Deduction
Taxable Income/ (Loss)
To
tal
/ T
ax
ab
le I
nc
om
e C
om
pu
tati
on
Att
ac
hm
en
ts
Re
qu
ire
d
NTN
Signature:
6.
7.
8.
9.
10.
11.
1.
12.
13.
14.
S. N
o.
3.
2.
To
tal
Inta
ng
ible
sP
art
icula
rs/D
escrip
tio
n
Inta
ng
ible
s
To
tal
Oth
ers
S. N
o.
1.
2.
3.
4.
An
y e
xp
en
dit
ure
pro
vid
ing
ad
va
nta
ge
or
be
ne
fit
for
a p
eri
od
ex
ce
ed
ing
on
e
5.
An
y p
lan
t o
r m
ac
hin
ery
th
at
ha
s b
ee
n
us
ed
pre
vio
us
ly in
Pa
kis
tan
8141
De
pre
cia
ble
As
se
tsP
art
icula
rs/D
escrip
tio
n
Bu
ild
ing
(a
ll t
yp
es
)
Fu
rnit
ure
in
clu
din
g f
itti
ng
s
Ma
ch
ine
ry a
nd
pla
nt
(no
t o
the
rwis
e
sp
ec
ifie
d)
Mo
tor
ve
hic
les
ply
ing
fo
r h
ire
Mo
tor
ve
hic
les
no
t p
lyin
g f
or
hir
e
Sh
ips
Co
mp
ute
r h
ard
wa
re in
clu
din
g p
rin
ter,
mo
nit
or
an
d a
llie
d ite
ms
Te
ch
nic
al o
r p
rofe
ss
ion
al b
oo
ks
810310
Ma
ch
ine
ry a
nd
eq
uip
me
nt
us
ed
in
ma
nu
fac
ture
of
IT p
rod
uc
ts
Pla
nt
& m
ach
inery
on
wh
ich
1st
year
all
ow
an
ce/a
ccele
rate
d d
ep
recia
tio
n
is a
llo
wed
Air
cra
fts
an
d a
ero
en
gin
es
Be
low
gro
un
d in
sta
lla
tio
ns
of
min
era
l
oil c
on
ce
rns
Off
sh
ore
pla
tfo
rms
an
d p
rod
uc
tio
n
ins
talla
tio
ns
of
min
era
l o
il c
on
ce
rns
Code
8105
8107
810308
810309
81044
810306
810307
Code
8102
810303
810301
81042
81041
81043
810304
810302
dd/m
m/y
yyy
Bro
ug
ht
forw
ard
Wri
tte
n D
ow
n V
alu
e
Am
ount
(Rs)
Acquired o
n
(Date
)U
sefu
l Life
Year(
s)
Additio
ns
Am
ount
(Rs)
Am
ount
(Rs)
Orig
inal C
ost
(Dele
tio
ns)
Am
ount
(Rs)
Tota
l
Am
ount
(Rs)
0%
50%
50%
50%
50%
90%
50%
0%
50%
0%
Rate
25%
0%
50%
50%
Am
ount
(Rs)
Annual
Initia
l/Is
t Y
ear
Allo
wance o
n
additio
ns,
if a
ny
Am
ount
(Rs)
Exte
nt
30%
30%
15%
30%
Rate
10%
15%
15%
15%
15%
15%
15%
10
0%
20%
15%
Am
ount
(Rs)
Busin
ess U
se
DaysA
ctu
al U
sage
Am
ount
(Rs)
Tota
l /
Annual
Am
ount
(Rs)
Am
ort
izatio
n
Depre
cia
tio
n Busin
ess U
se
Am
ount
(Rs)
Exte
nt
Rem
ark
s
Writte
n D
ow
n V
alu
e
ca
rrie
d fo
rwa
rd
Am
ount
(Rs)
Annex A-1Depreciation, Initial Allowance and Amortization
(Purchased Assets)
2013
A-1
Reg./Inc. No.
NTN Reg/Inc No.
Signature:
Total 262714
(c) Current year 3904
Current year - 1 Year 3904
7. Details / breakup of losses of subsidiaries brought forward and carried forward
(a) Current year - 2 Year 3904
(b)
Total 262613
(b) Current year 319287
(a) B/Forward 319287
6. Details / breakup of un-absorbed amortization brought forward and carried forward
Total 262513
(b) Current year 319288
(k)
5. Details / breakup of un-absorbed depreciation brought forward and carried forward
(a) B/Forward 319288
Total 262422
Current year - 2 Year 3900
Current year 3900
(j) Current year - 1 Year 3900
(i)
(h) Current year - 3 Year 3900
(g) Current year - 4 Year 3900
(f) Current year - 5 Year 3900
(e) Current year - 6 Year 3900
(d) Current year - 7 Year 3900
(c) Current year - 8 Year 3900
Current year - 9 Year 3900
4. Details / breakup of business losses brought forward and carried forward
(a) Current year - 10 Year 3900
(b)
Amount (Rs.) Amount (Rs.) Amount (Rs.)
Assessment
Year /
Tax Year
(starting from
earliest year)
Code
Amount (Rs.) Amount (Rs.)
Adjusted against
the income for the
current year
Lapsed(not available for carry
forward) /Attributtable to
PTR income
Balance carried
forward
Taxpayers own Of amalgamating
company
Balance brought forward
OR
For the current year
(g) 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]261318
(f) 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]261317
(d) Adjustment of depreciation including unabsorbed depreciation brought forward 261315
(e) Adjustment of amortization including unabsorbed amortization brought forward 261316
(c) Adjustment of losses of subsidiary 261314
Business income/(loss) for the year before depreciation and amotization
[from 2(a) above]
(b)
(a)
Adjustment of brought forward business losses 261313
(c) Amortization for the year including unabsorbed amortization brought forward 3987
3. Details of adjustments of brought forward business losses, losses of subsidiary, depreciation and
amortization including unabsorbed depreciation and amortizaton261311
261312
(b) Depreciation for the year including unabsorbed depreciation brought forward 3988
(a) Business income/(loss) for the year before depreciation/amortization 3900
2. Breakup of balance income/(loss) for the year after depreciation and amortization: 261211
261111
Business income/(Loss) for the year transferred to Return of Total Income for adjustement
against (loss)/income for the year under any other head of income
3901
(d) Balance business income/(loss) for the year after depreciation and amortization [Add
1(a) minus 1(b) minus 1(c)]
(c) Loss for the year surrendered in favour of a holding company
1.
(b)
(a) Business income/(loss) for the year after depreciation and amortization
2013Annex B-1
Carry forward and brought forward of Unabsorbed Depreciation,
Initial Allowance, Amortization and
Business Losses
(Other than Speculation Business)
261114
261112
B-1
Particulars Code Amount (Rs.)
Sub-Total [Add 37(a) to 37(c)]
Transfer to the Return of Income [Add 5 plus 10 plus 36 plus 37(d)]
CPR No.
Signature
16 Tax Collected by NCCPL u/s 100B 94042
14 Advance Tax on sale or Transfer of Immovable Property @ 0.5% u/s 236C 94040
15 Tax Paid u/s 153A @0.5% 94041
29
30
94180
26
33
94138
94149
94149
94139
Evidence of payment attached
Registration No.
27
Owner's Name
28
Engine / Seating Capacity Manufacturer Prticulars
Registration No. Engine / Seating Capacity
94059On commission paid to members of stock exchange
Evidence of payment attached
34
On sale by auction
Evidence of payment attachedWith motor vehicle tax (Other than goods transport vehicles)
Share%
31
24 On cash withdrawal from bank Evidence of payment attached
21 On payments for services
22 On payments for execution of contracts Evidence of payment attached
On Import of CBU motor vehicle by manufacturers
Bank BranchCertificate/Account No. etc.
On profit on debt Evidence of payment attached
Evidence of payment attached 940539
23 On property income
On payments for goods Evidence of payment attached20
On Government securities 18 Evidence of payment attached
Evidence of payment attached
19 On payments received by non-resident
94119
94049
94179
94039
94179
94179
94119
940629
94043
17
12
Second installment
Amount of Tax
deducted (Rs.)
9401911 On import of goods
94049
CPR No. Evidence of payment attached
7
13 On dividend Income
94018Evidence of payment attached
CPR No.
5. Sub-Total [Add 1 to 4] 9461
Evidence of payment attached 946144. Fourth installment CPR No.
Evidence of payment attached
2. Second installment 94612
Evidence of payment attached
Evidence of payment attached
3. Third installment
Advance Tax U/S 147(1) (Cash Payments)
First installment
94613
CPR No.
CPR No.
CPR No. 94611
Particulars Code Amount of Tax paid (Rs.)
Certificate/Account No. etc.
6 First installment
1.
C-1
2013Annex C-1Tax Already Paid Including Adjustments (Including Surcharge)
Reg/Inc No.
Evidence of payment attached
Advance Tax U/S 147(5B) (Cash Payments)
(Other than tax collected/deducted on receipts/value of goods subject to final taxation)
94049
94119
?????
94149
9412025
940619
Bank
On registration of new locally manufactured motor vehicle 94118Evidence of payment attached
94159
94119
94149
Branch Share%
Evidence of payment attached
Owner's Name
On trading of shares at a Stock Exchange
On financing of carry over trade
Evidence of payment attached
Consumer No. Subscriber's CNIC Subscriber's Name Share%
With bill for electricity consumption
94159
94159
94159
Evidence of payment attached 94169
Number Subscriber's CNIC Subscriber's Name Share%
With telephone bills, mobile phone and pre-paid cards
94169
35
36
94169
Sub-Total [Add 11 to 35] 94599
94169
Others
94121On purchase of domestic air travel ticket
Amount (Rs.) Amount (Rs.)
Adjustment of Prior Year(s) Refunds Determined by Department
37 Refund adjustments (To the extent adjustment is required against the current year's tax payable, if any)
Refund Assessed Previous Adjustments Available for Adjustment Current Adjustment
(a)
Amount (Rs.)Tax Year Amount (Rs.) Tax Year
94981
Total Tax Already Paid Including Adjustments
(c)
(b)
38
39 Evidence of payment attached
Workers Welfare Fund Already Paid
(d) Evidence of refund due attached
9495
94981
9498
9499
94981
940630
Evidence of payment attached
Evidence of payment attached8
10 Sub-Total [Add 6 to 9]
Third installment CPR No.
Share%
Evidence of payment attached
Evidence of payment attached
Tax Collected/Deducted at Source
94049
9 Fourth installment CPR No.
32
NTN
On certain transactions in bank Evidence of payment attached
Evidence of payment attached
Business Name
Business Name
Business Acitivity
Business Name
Business Acitivity
Business Name
Business Acitivity
Business Name
Business Acitivity
Business Name
Business Acitivity
Signature:
2013
Cost of Sales
Annex D-1 2013Breakup of Sales in case of Multiple Business D-1
Gross Profit/Loss
Reg./Inc. No. NTN
RTO/LTU
Taxpayer Name Tax Year
3
Note : Grey blank fields are for official use
BU
SIN
ES
S W
ISE
BR
EA
KU
P O
F S
AL
ES
Sr.
Business Name & Business Activity Sales
1
(1) (2) (3) (4) = (2) - (3)
4
2
5
Total [to be reconciled with Sr. 15 & 32 of the Main Return (IT-1)]
Business Name
1 18
2 19
3 20
4 21
5 22
6 23
7 24
8 25
9 26
10 27
11 28
12 29
13 30
14
15
16
17
Signature:
8621
Code
8699
Amount
8641
8661
8671
8701
8799
8899
Accumulated Profits
Surplus on Revaluation
Long Term Loans
8801
8999
8711
8821
8901
Total Capital & Liabilities
Other Liabilities
Short Term Loans
Liabilities
Deferred Liabilities
Capital
Paid-up Capital
Reserves
Trade & Other Payables
Advances/Deposits/Prepayments/Other Receivables
Motor Vehicles
Investments
Current Assets
Trade Receivables
Long Term Liabilities
Current Liabilities
Code
8199
8101
Intangible assets
Other Assets
Total Assets
Cash & Cash Equivalents
Stock in Trade/Stores/Spares
8241
812109
812103
8299
Fixed Assets
Office Equipment
Furniture & Fixtures
Land
Building
Plant & Machinery
Capital Work-in-Progress
8401
8111
812101
8181
8131
8402
8251
8201
8221
8231
8499
Assets Amount
Annex E-1Statement of Assets & Liabilities
2013E-1
Taxpayer Name
Reg./Inc. No. NTN
Tax Year
RTO/LTU
1. Foreign income/loss for the year
Name of country
(a)
(b)
(c)
(d)
2. Income for the year
3.
4. Balance income
[2 minus 3]
5. Foreign taxes paid on
above foreign income
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)
(b)
(c) Losses lapsed
(d)
(e)
7. Application for foreign tax credit Attached
Documents and records maintained in support of foreign income declared
8.
9.
10.
11.
12.
Signature:
2013
6328
F-1
2013
63596349
6357763477
Yes No
63586348
Loss for the year
transferred from 1(d)
above
63386318
Foreign losses carried
forward [6(a)(vii)
minus 6(b) minus 6(c)
plus 6(d)]
63278
632963396319
6337863178
63576347
6357863478
Sub-total [Add
6(a)(i) to
6(a)(vi)]
6337763177
Adjusted against
income transferred to
3 above
6137
63277
63271
63276337
6357263472
63571634716337163171
63273
632726337263172
6357463474
63573634736337363173
63275
632746337463174
6357663476
6357563475
6337663176
6337563175
63846382
63276
6360
Transfer to return of income
63836381 6385
63577
* under the respective head adjusted against the income under that head for the year
6320 6340 6330 6350
B/F losses * transferred
from 6(b) below63177 63377 63277 63477
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
6319 6339 6329 6349 6359
6329 6349 6359
6343 6353
Sub-total [Add
1(a) to 1(c)] 6319 6339
6313 6333 6323
6322 6342 6352
6341 6351
6312 6332
6311 6331 6321
Code
Property
Income
Amount (Rs.)
Code
Capital Gains
Amount (Rs.)
Code
Other sources
Amount (Rs.)
Taxpayer Name
Particulars
Code
Salary Income
Amount (Rs.)
Code
Business
Income
Amount (Rs.)
Tax Year
Business Name RTO/LTU
Reg./Inc. No. NTN
Annex F-1Foreign Income
* Deductions include
depreciation or initial allowance No
Documents and records maintained in support of income from other sources declared
9.
10.
11.
12.
13.
Date :
Nature of IncomeSr.
2 Profit on debt (Interest, yield, etc.)
Deductions
Royalty – Applicable to resident
persons only
Net Income /
(Loss)
Balance
Income / (Loss) Gross
Exempt Income /
(Loss)
7 Total
1
Taxpayer Name
NTNReg./Inc. No.
G-1
2013
2013
Annex G-1Income / (Loss) from Other Sources
Business Name
Tax Year
RTO/LTU
3 Rent from sub-lease of land or building
4 Lease of building together with plant
and machinery *
5 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
8.
Signature
Yes If, “Yes” Details Attached Yes
6 Any Other
2013H-1
NTN
Tax Year 2013
RTO/LTU
(1) (3) (4) (5) 6=(3+4-5)
2
3
4
5
6
7
8
9
10
Purchases Closing Balance ConsumedDescriptionSrOpening
Balance
Annex H-1
Stock Detail
Taxpayer Name
Reg./Inc. No.
Business Name
(2)
Local Raw material
Imported Raw Material
Stores and Spares
Fuel/Power
Work in progress
Signature
Finished Goods - Local Purchases
Finished Goods - Imported
Finished Goods self manufactured
If Yes, Pl. specify:
If Yes, Pl. specify:
If Yes, Pl. specify:
Date : ___________________
Oth
ers
Signature
Sold to
Non-Resident
Purchased from
Non-Resident
Stock in trade or raw material
26
6
9
11
24
1
Commissions
RTO/LTU
Interest bearing Loans
borrowed
Beginning
Balance
Closing
Balance
Expenditure to
Non-Resident
Revenue From
Non-Resident
2013
J-1
2013
Annex J-1TRANSACTIONS WITH NON RESIDENTS
(TO BE FILLED BY TAXPAYERS WHOSE TRANSACTIONS, IN AGGREGATE, WITH
NON-RESIDENTS ARE MORE THAN 50 MILLION DURING THE TAX YEAR)
NTN
Tax Year
State the number of associates with which you had dealings during the tax year.
25
Taxpayer Name
Business Name
Country
Rents, Royalties, License fee
or Franchise Fee.
Sr.
Inta
ng
ible
Pro
pe
rty
16 Interest free Loans borrowed
Lo
an
s &
In
vestm
en
ts
13
Insurance
12Reimbursement of expenses
at cost
17
Description Name of Non-Resident Address
Total Value of Transactions (Sum of 1 to 21 except beginning balances)22
Reg/Inc No.
Type
2Intangible property, acquired
or disposed of
Serv
ices
3Managerial, financial
administrative, marketing ,
training, etc.4
Engineering, technical,
construction, etc.
5 Research and Development
Fin
an
cia
l
7 Interest or profit on debt
8Dividends(common stock,
preferred stock or deemed
dividend
10Guarantees provided to or
from a non-resident
Others including derivatives
14Interest bearing Loans
advanced
15 Interest free Loans advanced
Investment in any non resident
enterprise
Ta
ng
ible
pro
pe
rty
(Asso
cia
tes o
nly
)
18
19 Finished Goods
20 Others
21 Property of capital nature
No
23
Has the company received from or provided to any non-resident any non-monetary consideration for any
service, transfer of tangible or intangible property, or anything whatever, under an arrangement including
exchange, swap, barter, bonus, discount etc.?
Yes No
Did a non-resident participate directly or indirectly in your capital, management or control during the
tax year?
Yes No
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?
Yes
1.
2.
3.
4.
5.
Annex - K-1 2013
Bifurcation of Income/(Loss) from business attributable to
Sales/Receipts etc. subject to Final Taxation K-1
Taxpayer Name
NTN CNIC (for individual)
Particulars Code Total
Amount (Rs.) Code
Subject to Final
Taxation
Amount (Rs.)
Subject to Normal
Taxation
Amount (Rs.)
Sales (net of brokerage, commission and discount) 3010 3010F
-
(a) Local sales/supplies - Out of imports (Trading) 30101 30101F
30103 30103F
-
(b) Local sales/supplies - Others 30102 30102F
-
(d) Export sales 30104 30104F -
(c) Execution of contracts
- -
(e) Others 30105 - 30105F
30107 30107F
-
(f) Sub-total [ Add 1(a) to 1(e)] 30106 - 30106F
-
(h) Net ex-factory or F.O.B. sales [ 1(f) minus 1(h)] 30108 - 30108F - -
(g) Selling expenses (Freight outward, etc.)
Cost of sales 3011 3011F
30111F -
(a) Apportioned on the basis of: (i) Actual / identifiable
(ii) Average / proportionate to sales
(b) As per income statement 30111 -
301121 301121F -
-
(c) Adjustment of inadmissible costs etc. 30112 30112F
-
(ii) Accounting amortization 301122 301122F - -
(i) Accounting depreciation
- -
(iii) Others301123 301123F -
30113 - 30113F -
-
(iv)301124 301124F
-
(e) Revised cost of sales [2(b) minus 2(d)] 30114 - 30114F - -
(d) Sub-total [Add c(i) to c(iv)]
Gross profit/(loss) / other business revenues/receipts 3012 3012F
(a) Gross profit [ 1(h) minus 2(e)] 30121 - 30121F -
301221 301221F
-
(b) Other business revenues/receipts 3012230122F
-
(ii) Transport services 301222 301222F -
(i) Brokerage and commission
(iii) Royalty & fee for technical services (non-residents) 301223 301223F
(iv) Others301224 - 301224F
Other inclusions/exclusions in income301225 - 301225F
-
-
-
(c) Total gross income [ Add 3(a) to 3(b)(v)] 30123 - 30123F - -
(v)
(ii) Average / proportionate to gross income
Administrative, selling, financial expenses etc. 3013 3013F
30131 - 30131F -
(a) Apportioned on the basis of: (i) Actual / identifiable
-
(c) Adjustment of inadmissible expenditures etc. 30132 30132F
(b) As per income statement
- -
(i) Accounting depreciation 301321 301321F -
301323 - 301323F -
-
(ii) Accounting amortization 301322 301322F
-
(iv) Selling expenses (Freight outward, etc.)301324 - 301324F - -
(iii) Markup lease financing
- -
(v) Other inadmissible deductions301325 - 301325F -
30133-
30133F-
-
(vi) Others301326 301326F
-
(e) Adjustment of admissible expenditures etc. 30134 30134F
(d) Sub-total [Add c(i) to c(vi)]
- -
(i) Tax depreciation (Total) 301341 - 301341F -
301343 - 301343F -
-
(ii) Tax amortization (Total) 301342 - 301342F
-
(iv) Other admissible deductions301344 - 301344F - -
(iii) Lease rentals
-
(v) Others301345 - 301345F -
(f) Sub-total [Add e(i) to e(v)] 30135 - 30135F -
Net expenditure [ 4(b) minus to 4(d) plus 4(f)] 30136 - 30136F -
-
Signature ___________________
-
Net profit/loss from business [3(c) minus 4(g)] 3014 - 3014F - -
(g)
Taxpayer Name
Reg/Inc No
Annex L-1 2013
Admissible/Inadmissible Deductions and Adjustments L-1
NTN
Ded
ucti
on
s n
ot
allo
wed
/ i
na
dm
issib
le
21
5 31905
2 31902
1
Tax Depreciation
31901Tax Amortization
Tax Loss on disposal of depreciable assets/intangibles
Income/(Loss) relating to Final and Fixed tax [Transfer from Annex J-1]
6 Total [Add 1 to 5] to be transferred to Sr-77 of main return 31900
7 Cess, rate or tax that is levied on the profits or gains or assessed as a percentage or otherwise on the basis of profits or gains 319101
319102
9 Entertainment expenditure in excess of prescribed limits 319103
8
10 Contribution to an un-recognized provident fund, pension fund, superannuation fund or gratuity fund 319104
11Contribution to a provident fund or other fund established for the benefit of the employees, unless effective arrangements have
been made to deduct tax at source in respect of which the recipient is chargeable to tax under the head "salary"319105
12 Fine or penalty for the violation of any law, rule or regulation 319106
13 Personal expenditure 319107
14 Provisions or amounts carried to reserves or funds etc. or capitalised in any way 319108
15 Profit on debt, brokerage, commission, salary or other remuneration paid by an AOP to its members 319109
Any salary, rent, brokerage or commission, profit ondebt, payment to non-resident or payment for services or fee on which tax was
required to be deducted and paid but was not deducted and paid319110
17Expenditure under a single account head which, in aggregate, exceeds Rs. 50,000 paid otherwise than by a crossed bank cheque
or crossed bank draft (excluding expenditures not exceeding Rs. 10,000 or on account of freight charges, travel fare, postage,
utilities or payment of taxes, duties, fees, fines or any other statutory obligation)
319111
319112
19 Capital expenditure 319113
319114
22Apportionment of expenditure including profit on debt, financial cost and lease payments relatable or attributable to non-business
activities [Transfer from Annex K-1]319116
Provisions for Workers Participation Fund
319117
26 Accounting pre-commencement expenditure written off 319120
30 Any other (please specify) 319124
27 Accounting loss on disposal of depreciable assets / intangibles 319121
28 319122
Ad
mis
sib
le D
ed
ucti
on
s/
Ad
justm
en
ts
3 31903
31 Total [Add 7 to 30] to be transferred to Sr-76 of main return 319100
4 31904
Amount (Rs.)CodeParticularsSr.
29 Accounting depreciation 319123
23
Accounting amortization
Salary, rent, brokerage or commission, profit on debt, payment to non-resident, payment for services or fee from which the
company was liable to deduct tax at source unless the company has deducted and paid the tax as required by the Income Tax
Ordinance, 2001
24
25
Mark-up on lease financing
20 Provisions for bad debts, obsolete stocks, etc.
18Salary exceeding Rs. 10,000 per month paid otherwise than by a crossed cheque or direct transfer of the funds to the employee's
bank account
16
Signature ___________________________
Tax Gain on disposal of Intangibles
Tax Gain on disposal of Assets
319115
319118
319119
Any other (please specify)
Taxpayer Name
CNIC/Reg.No.
Business Name
(1)
1
2
3
4
5
6
7 Difference of minimum Tax Payable on business transactions (Transfer to Sr. 145 of Main Return)
Signature ______________________
Higher of (4) and 5(b)
b) Minimum Tax [ 4(a) * (1) ]
a) Rate of Minimum Tax 3% 5% 2% 6%
Minimum Tax
Proportionate tax
b. Calculated on proportionate basis
a. Calculated on actual basis
Income relateable to the transcations subject to payment of
minimum tax
Taxable Income [Transferred from Sr-91 ]
Import Value/Services receipts subject to collection or deduction
of tax at source
Total
(2) (3) (4) (5) (6) (7) = (3 + 4 + 5 + 6)
Sr. Description
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)
Tax Year 2013 RTO/LTU
Annex M - 1 2013Determination of minimum Tax Payable on certain transactions M - 1
NTN
Taxpayer Name
CNIC/Reg.No.
Business Name
(1)
1
2
3
4
5
6
7
8
9
Note :
Based on the Qulaification under Normal Tax Regime (NTR), the respective Columns of PTR Portion will be disbaled in the e-Filing System.
Signature _______________________
Minimum Tax required for eligiblity for NTR (8 = 5 * 7)
Qualified for NTR (Yes/No), if (8) Greater than or equlas to (6)
(Transfer to Sr. 42 of Main Return)
Proportionate Tax Payable [ (4 / 1) * 2 ]
%age of Tax Deducted at Source for Qulaifying for NTR 60% 50% 70%
Actual value of Sales/Exports
Tax Collected/Collectable/Deducted /Deductible at Source
Value of Import/Export & Indent Comm/Sale of Goods subject to
collection/deduction of tax at source
Total Tax Payable (Trasferred from Sr-151 of Main Return)
Net Sales (Transferred from Sr-7 of Main Return)
(2) (3) (4) (5) (6) = (3 + 4 + 5)
RTO/LTU
Sr. Description
Imports u/s 148(7) Exports u/s 154(4)Sales/ Payments u/s
153(1) & u/s 169(1)bTOTAL
Tax Year
Annex N-1 2013 Request of Taxpayers falling under PTR Regime for availing Normal Tax Regime (NTR) N - 1
NTN
2013
If 27 is 'Yes' then
If 27 is 'No'
32036
32037 -
B/F Tax Credit Allowable 32011 -
B/F Tax Credit 32012
B/F Tax Credit Admissible 32013 -
Admissible Tax Credit 32009 -
Tax Credit to be C/F 32010 -
Whether Investment made through equity (Yes/No) 32007
Tax Credit Allowable 32008 -
Total Tax (2 + 4) 32005 -
Amount Invested 32006
Taxable Income not subject to Final Taxation of the Industrial Undertaking eligible to tax credit u/s 65B 32003
Tax on above income (including Minimum Tax u/s 113) 32004
Taxable Income subject to Final Taxation of the Industrial Undertaking eligible to tax credit u/s 65B 32001
Final Tax on above Income 32002
8
9
10
11
12
13
Signature ___________________________ "
1
2
3
4
5
6
7
32041
-
35 Tax Credit u/s 65B, 65D & 65E to be transferred to Sr. 152 320100 -
32 Tax on above income (including Minimum Tax u/s 113) 32039
-
33 Tax credit allowable 32040
34 Total Tax Credit Admissible during the year
31 Taxable Income in respect of the Company 32038
29
30
Tax on above income (including Minimum Tax u/s 113)
Tax credit allowable
24 Admissible Tax Credit 32024 -
25 Equity in respect of new Plant & Machinery/Project 32032
22 Amount Invested 32022
23 Tax Credit Allowable 32023 -
32020
19
21 Total Tax (18 + 20) 32021 -
Taxable Income not subject to Final Taxation of the Industrial Undertaking eligible to tax credit u/s 65D
18 Final Tax on above Income 32018
32019
Ta
x C
red
it u
/s 6
5D
Ta
x C
red
it u
/s 6
5E
26
27
28
Total Equity of the Company (including equity in column 25)
17 Taxable Income subject to Final Taxation of the Industrial Undertaking eligible to tax credit u/s 65D
20 Tax on above income (including Minimum Tax u/s 113)
32034
32035
16 Total Tax Credit to be C/F 32016 -
32017
Whether Separate Accounts Maintained (Yes/No)
Taxable Income in respect of new Plant & Machinery/Project
Total Tax Credit Admissible during the year 32014 -
15 Tax Credit to be C/F 32015 -
32033
NTN Reg/Inc No
Ta
x C
red
it u
/s 6
5B
Sr. Descriptions Code Amount (Rs.)
14
Annex O-1 2013
Tax Credits u/s 65B, 65D & 65E O - 1
Taxpayer Name