Tax Year 2016.xlsx

	A	B	C	E	F	G	H
1	RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-2)						1/2
2	FOR INDIVIDUAL DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD EXCEPT SALARY
3	Name*					Tax Year	2016
4	CNIC*					NTN*
5	Address*
6		Sr.	Description	Code	Total Amount	Amount Exempt from Tax / Subject to Fixed / Final Tax	Amount Subject to Normal Tax
7					A	B	C
8		1	Income from Business	3000
9	Property	2	Income / (Loss) from Property [Sum of 3 to 7] -[Sum of 8 to 11]	2000
10		3	Rent Received or Receivable	2001
11		4	1/10th of amount not adjustable against Rent	2002
12		5	Forfeited Deposit under a Contract for Sale of Property	2003
13		6	Recovery of Unpaid Irrecoverable Rent allowed as deduction	2004
14		7	Unpaid Liabilities exceeding three years	2005
15		8	1/5th of Rent of Building for Repairs [(3+4+5)*20%]	2031
16		9	Insurance Premium	2032
17		10	Local Rate / Tax / Charge / Cess	2033
18		11	Other Deductions against Rent	2098
19		12	Gains / (Loss) from Capital Assets (including securities)	4000
20	Other Sources	13	Income / (Loss) from Other Sources [Sum of 14 to 23] - [Sum of 24 to 26]	5000
21		14	Receipts from Other Sources	5029
22		15	Yield on Behbood Certificates / Pensioner''s Benefit Account	5003041
23		16	Royalty	5002
24		17	Profit on Debt (Interest, Yield, etc)	5003
25		18	Ground Rent	5004
26		19	Rent from sub lease of Land or Building	5005
27		20	Rent from lease of Building with Plant and Machinery	5006
28		21	Bonus / Bonus Shares	5012
29		22	Loan, Advance, Deposit or Gift received in Cash	5016
30		23	Other Receipts	5028
31		24	Deductions from Other Sources	5089
32		25	Accounting Depreciation	5064
33		26	Other Deductions	5088
34		27	Foreign Income	6000
35		28	Share in untaxed Income from AOP	3131
36		29	Share in Taxed Income from AOP	3141
37		30	Total Income*	9000
38					Total	Inadmissible	Admissible
39	Deductible Allowances	31	Deductible Allowances [32+33+34+35]	9009
40		32	Zakat u/s 60	9001
41		33	Workers Welfare Fund u/s 60A	9002
42		34	Charitable Donations u/c 61, Part I, 2nd Schedule	9004
43		35	Deductible Allowance for Profit on Debt u/s 64A	9007
44	Computations	36	Taxable Income [30-31]*	9100
45		37	Tax Chargeable	9200
46		38	Normal Income Tax	920000
47		39	Tax Reduction for Senior Taxpayer	9303
48		40	Tax Reduction for Disabled Taxpayer	9304
49		41	Tax Credits	9329
50		42	Difference of Minimum Tax Chargeable u/s 113B / 148(8) / 153(3)(b)	923192
51		43	Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) [<= (38-39-40-41+42)]	923198
52		44	Difference of Minimum Tax Chargeable on Electricity Bill u/s 235	923193
53		45	Difference of Minimum Tax Chargeable u/s 113	923194
54		46	Turnover / Tax Chargeable u/s 113 @0.2%	923152
55		47	Turnover / Tax Chargeable u/s 113 @0.25%	923163
56		48	Turnover / Tax Chargeable u/s 113 @0.5%	923155
57		49	Turnover / Tax Chargeable u/s 113 @1%	923160
58		50	Super Tax @ 3%	920700
59		51	Tax Paid [ as per 52 + Annex'A' + Sr.60 Col.B]
60		52	Advance Income Tax	9202
61		53	Admitted Income Tax	9203
62		54	Refundable Income Tax [37-51 if <0]	9210
63		55	Demanded Income Tax [37-51 if >0]	9204
64		56	Refund Adjustment of Other Year(s) against Demand of this Year [= 54]	92101
65		57	WWF	920900
66		58	Agriculture Income	6100
67		59	Agriculture Income Tax	9291
68	Verification	I,		, CNIC No.			, in my capacity
69	Verification	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.
70	Signature:					Date:
71	RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-2)						2/2
72	FOR INDIVIDUAL/AOP DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD
73	Name*					Tax Year	2016
74	CNIC*					NTN
75		Sr.	Description	Code	Receipts / Value / Number	Tax Collected/ Deducted/Paid	Tax Chargeable
76					A	B	C
77	Final / Fixed / Average / Relevant / Reduced Rate Regime	60	Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax [Sum of 61 to 121	640001
78		61	Import u/s 148 @1%	64010052
79		62	Import u/s 148 @2%	64010054
80		63	Import u/s 148 @3%	64010056
81		64	Import u/s 148 @4.5%	64010059
82		65	Import u/s 148 @5.5%	64010061
83		66	Import u/s 148 @6%	64010062
84		67	Import of Edible Oil u/s 148 @5.5%	64010161
85		68	Import of Packing Material u/s 148 @5.5%	64010181
86		69	Dividend u/s 150 @7.5%	64030052
87		70	Dividend u/s 150 @10%	64030053
88		71	Dividend u/s 150 @ 12.50%	64030054
89		72	Dividend to a Non-Resident covered under ADDT u/s 150 / u/s 5	64030099
90		73	Profit on Debt u/s 7B	64310056
91		74	Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) / Division IV, Part I, 1st Schedule	64050051
92		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
93		76	Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) / Division II, Part III, 1st Schedule	64050053
94		77	Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) / Division II, Part III, 1st Schedule	64050054
95		78	Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) / Division II, Part III, 1st Schedule	64050055
96		79	Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) / Division II, Part III, 1st Schedule	64050056
97		80	Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule	64050096
98		81	Royalty / Fee for Technical Services to a Non-Resident covered under ADDT	64050097
99		82	Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident covered under ADDT	64050098
100		83	Payment for Goods u/s 153(1)(a) @1%	64060052