GOVERNMENT OF PAKISTAN REVENUE DIVISION FEDERAL BOARD OF REVENUE **** Islamabad, the 17 th August, 2018. NOTIFICATION (Income Tax) S.R.O. 1012 (I)/2018.- 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. SRO. 880(I)/2018, dated the 13 th July, 2018 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-L, the following shall be added, namely:—
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GOVERNMENT OF PAKISTAN REVENUE DIVISION
FEDERAL BOARD OF REVENUE ****
Islamabad, the 17th August, 2018.
NOTIFICATION
(Income Tax)
S.R.O. 1012 (I)/2018.- 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. SRO. 880(I)/2018, dated the 13th July, 2018 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-L, the following
shall be added, namely:—
“Part-II-M
Electronic Return for Individuals for Tax Year 2018
Part-II-M
Electronic Wealth Statement for Tax Year 2018
Part-II-M
Electronic Foreign Income & Assets Statement for Tax Year 2018
Part-II-M
Electronic Return for Salaried Individuals for Tax Year 2018
Part-II-M
Electronic Return for Non-Resident Pakistan-Origin Persons for Tax Year 2018
Tax Year 2018
NTN
Sr. Code
Total
Amount
Amount
Exempt from
Tax / Subject
to Fixed /
Final Tax
Amount
Subject to
Normal Tax
A B C
1 2000
2 4000
3 5000
4 6000
5 3131
6 3141
7 9000
Total Inadmissible Admissible
8 9009
9 9001
10 9007
11 9004
12 9008
13 9100
14 9200
15 920000
16 9303
17 9304
18 9329
19 920700
20
21 9202
22 9203
23 9210
24 9204
25 92101
26 6100
27 9291
Receipts /
Value
Tax
Collected/
Deducted/Pai
d
Tax
Chargeable
28 640001
29 64030052
30 64030053
31 64030054
32 64030055
33 64030071
34 64310056
35 64080052
36 64090051
37 64090052
38 64090053
39 64090054
40 64090055
41 64090056
42 64151351
43 64151451
44 64151802
45 64151803
46 64151804
47 64151807
48 64151951
49 64220051
50 64220052
51 64220057
52 64220053
53 64220054
54 64220055
55 64220057
56 64220151
57 64220153
58 64220157
59 64220158
60 64220155
61 64220156
I, , CNIC No.
Date:
Signature:
Total Income*
Income / (Loss) from Other Sources
Foreign Income
Share in untaxed Income from AOP
Share in Taxed Income from AOP
Gains / (Loss) from Capital Assets
Address*
Description
Income/(loss) from property
Individual Paper Return for Tax Year 2018
(FOR INDIVIDUAL, DERIVING INCOME UNDER ANY HEAD OTHER THAN SALARY / BUSINESS)
Name*
CNIC*
Tax Reduction for Senior Taxpayer
Tax Reduction for Disabled Taxpayer
Ded
ucti
ble
All
ow
an
ces Deductible Allowances [9+10+11+12]
Zakat u/s 60
Charitable Donations u/c 61, Part I, 2nd Schedule
Educational expenses u/s 60D
Deductible Allowance for Profit on Debt u/s 60C
Taxable Income [7-8]*
Tax Chargeable [Col.C 15-16-17-18+19+28]
Normal Income Tax
Co
mp
uta
tio
ns
Tax Credits
Final / Fixed / Minimum / Average / Relevant / Reduced Income Tax
Dividend u/s 150 @7.5%
Dividend u/s 150 @10%
Super Tax
Tax Paid [Sr.21 + 22 + 28 + Sr.1 Annex-A]
Refundable Income Tax [14-20 if <0]
Demanded Income Tax [14-20 if >0]
Capital Gains on Immovable Property u/s 37(1A) @10%
Agriculture Income
Agriculture Income Tax
Capital Gains on Immovable Property u/s 37(1A) @0%
Dividend u/s 150 @ 12.50%
Refund Adjustment of Other Year(s) against Demand of this Year [=23]
Advance Income Tax
Admitted Income Tax
Winnings from Lottery u/s 156
Winnings from Quiz u/s 156
Winnings from Sale Promotion u/s 156
Capital Gains on Immovable Property u/s 37(1A) @2.5%
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.
Capital Gains on Immovable Property u/s 37(1A) @5%
, in my capacity as Self /
Capital Gains on Securities u/s 37A @ 15%
Capital Gains on Immovable Property u/s 37(1A) @7.5%
Capital Gains on Immovable Property u/s 37(1A) @3.75%
Issuance of Bonus Shares by Companies quoted on Stock Exchange u/s 236M
Issuance of Bonus Shares by Companies not quoted on Stock Exchange u/s 236N
Capital Gains on Immovable Property u/s 37(1A) @ 3.75%
Capital Gains on Securities u/s 37A @ 10%
Capital Gains on Securities u/s 37A @ 12.5%
Capital Gains on Securities u/s 37A @ 7.5%
Capital Gains on Securities u/s 37A @ 0%
Capital Gains on Securities u/s 37A @ 5%
Fin
al
/ F
ixed
/ A
vera
ge /
Rele
van
t /
Red
uced
Rate
Reg
ime
Ve
rifi
ca
tio
n
RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-1B)
Yield on Bahbood certificates/Pensioners benefit account
Income from property u/s 15(6)
Dividend in specie u/s 236S @ 12.5%
Advance tax on registering or attesting transfer of immovable property u/s 236W
Dividend u/s 150 @ 15%
Dividend in specie u/s 236S @ 15%
Dividend in specie u/s 236S @ 7.5%
Dividend in specie u/s 236S @ 10%
Winnings from Crossword Puzzle u/s 156
Profit on Debt u/s 7B
Prize on Prize Bond u/s 156
Winnings from Raffle u/s 156
1/2
Tax Year 2018
NTN*
Sr. Code
Total
Amount
Amount
Exempt from
Tax / Subject
to Fixed /
Final Tax
Amount
Subject to
Normal Tax
1 2000 A B C
2 2001
3 2002
4 2003
5 3000
6 4000
7 5000
8 Receipts from Other Sources 5029
9 Royalty 5002
10 Profit on Debt (Interest, Yield, etc) 5003
11 Ground Rent 5004
12 Rent from sub lease of Land or Building 5005
13 Rent from lease of Building with Plant and Machinery 5006
14 Bonus / Bonus Shares 5012
15 Annuity/pension 5007
16
Difference in value of immovable property determined u/s
68 and value recorded by the authority registering or
attesting the transfer u/s 111(4) (c ) 5018
17 Other Receipts 5028
18 Deductions from Other Sources 5089
19 Accounting Depreciation 5064
20 Other Deductions 5088
21 6000
22 3131
23 3141
24 9000
Total Inadmissible Admissible
25 9009
26 9001
27 9002
28 9004
29 9007
30 Educational expenses u/s 60D 9008
31 9100
32 9200
33 920000
34 Tax Reduction for Senior Taxpayer 9303
35 Tax Reduction for Disabled Taxpayer 9304
36 9329
37 923192
38 923198
39 923193
40 923194
41 923152
42 923163
43 923155
44 923160
Individual Paper Return for Tax Year 2018C
om
pu
tati
on
sC
om
pu
tati
on
s
Difference of Minimum Tax Chargeable u/s 113
Adjustment of Minimum Tax Paid u/s 113 in earlier Year(s) [<= (33-
34-35-36+37)]
Difference of Minimum Tax Chargeable on Electricity Bill u/s 235
Turnover / Tax Chargeable u/s 113 @0.2%
RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-
2)
FOR INDIVIDUAL DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD EXCEPT SALARY
Name*
Description
Income/(loss) from property (2+3+4)
Income from Business
CNIC*
Address*
Rent received or receivable
1/10th of amount not adjustable against rent
Forfeited deposit under a contract for sale of property
Gains / (Loss) from Capital Assets (including securities)
Income / (Loss) from Other Sources [Sum of 8 to 17] - [Sum of
18 to 20]
Foreign Income
Share in untaxed Income from AOP
Share in Taxed Income from AOP
Total Income*
Oth
er
So
urc
es
Charitable Donations u/c 61, Part I, 2nd Schedule
De
du
cti
ble
All
ow
an
ce
s
Deductible Allowances [26+27+28+29+30]
Zakat u/s 60
Workers Welfare Fund u/s 60A
Deductible Allowance for Profit on Debt u/s 60C
Turnover / Tax Chargeable u/s 113 @0.25%
Turnover / Tax Chargeable u/s 113 @0.5%
Turnover / Tax Chargeable u/s 113 @1%
Taxable Income [24-25]*
Tax Chargeable
Difference of Minimum Tax Chargeable u/s 148(8) / 153(3)(b)
Normal Income Tax
Tax Credits
45 920700
46
47 9202
48 9203
49 9210
50 9204
51 92101
52 920900
53 6100
54 9291
I, , CNIC No. , in my capacity
Signature: Date:
Co
mp
uta
tio
ns
WWF
Super Tax @ 3%
Advance Income Tax
Refund Adjustment of Other Year(s) against Demand of this Year [=
50]
Admitted Income Tax
Agriculture Income
Tax Paid [ as per 47 + 48 + 55 + Annex'A' ]
Agriculture Income Tax
Ve
rifi
cati
on
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.
Refundable Income Tax [32-46 if <0]
Demanded Income Tax [32-46 if >0]
2/2
Tax Year 2018
NTN
Sr. Code
Receipts /
Value /
Number
Tax
Collected/
Deducted/Pai
d
Tax
Chargeable
A B C
55 640001
56 64010052
57 64010054
58 64010056
59 64010059
60 64010061
61 64010062
62 64010081
63 64010082
64 64010083
65 64010161
66 64010181
67 64030052
68 64030053
69 64030054
70 64030055
71
Yield on Behbood Certificates / Pensioner''s Benefit
Account 64030071
72 64030098
73 64030099
74 64050051
75 64050052
76 64050053
77 64050054
78 64050055
79 64050056
80 64050096
81 64050097
82 64050098
83
Payment for foreign produced commercials to a non-
resident u/s 152A 64050100
84 64060052
85 64060053
86 64060055
87 64060059
88 64060152
89 Payment for services u/s 153(1)(b) @ 1.5% 64060153
90 64060154
91 64060170
92 64060265
93 Receipts from Contracts u/s 153(1)(c) @10% 64060270
94 64060352
95 64070054
96 64070151
97 Sale proceeds of goods to exporter u/s 154(3) 64070152
Return on investment in sukuks u/s 5AA
Fin
al
/ F
ixe
d /
Av
era
ge /
Re
leva
nt
/ R
ed
uce
d R
ate
Re
gim
e
Dividend u/s 150 @7.5%
Dividend u/s 150 @10%
Payment for Services u/s 153(1)(b) @ 10%
Final / Fixed / Minimum / Average / Relevant / Reduced Income
Tax [Sum of 61 to 121
Import u/s 148 @1%
Import u/s 148 @6%
Import u/s 148 @4.5%
Import of Edible Oil u/s 148 @5.5%
Import u/s 148 @2%
Import u/s 148 @3%
Fee for Advertisement Services to a Non-Resident u/s 152(1A)(c) /
Division II, Part III, 1st Schedule
Insurance / Reinsurance Premium to a Non-Resident u/s 152(1AA) /
Division II, Part III, 1st Schedule
Profit on Debt u/s 152(2) / u/c (5A), Part II, 2nd Schedule
Dividend u/s 150 @ 12.50%
Royalty / Fee for Technical Services to a Non-Resident u/s 152(1) /
Division IV, Part I, 1st Schedule
Payment for Contracts for Construction, Assembly or Installation to a
Non-Resident u/s 152(1A)(a) / Division II, Part III, 1st Schedule
Fee for Export related Services u/s 153(2) @1%
CNIC*
RETURN OF TOTAL INCOME / STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001 (IT-
2)
FOR INDIVIDUAL DERIVING INCOME UNDER THE HEAD BUSINESS & ANY OTHER HEAD EXCEPT SALARY
Name*
Description
Payment for Goods, Services, Contracts, Rent, etc. to a Non-
Resident covered under ADDT
Royalty / Fee for Technical Services to a Non-Resident covered
under ADDT
Payment for Goods u/s 153(1)(a) @1%
Payment for Services u/s 153(1)(b) @ 1%
Payment for Services u/s 153(1)(b) @ 2%
Payment for Goods u/s 153(1)(a) @4.5%
Import u/s 148 @5.5%
Import u/s 148 @ 2.75%
Import u/s 148 @ 4.125%
Import u/s 148 @ 1.75%
Dividend u/s 150 @ 15%
Payment for Goods u/s 153(1)(a) @ 2.5%
Export Proceeds u/s 154 @1%
Foreign Indenting Commission u/s 154(2) @5%
Import of Packing Material u/s 148 @5.5%
Dividend to a Non-Resident covered under ADDT u/s 150 / u/s 5
Payment for Services, Contracts to a Non-Resident u/s 152(1A)(b) /
Division II, Part III, 1st Schedule
Fee for Advertisement Services to a Non-Resident u/s 152(1AAA) /
Division II, Part III, 1st Schedule
Payment for Goods u/s 153(1)(a) @1.5%
Receipts from Contracts u/s 153(1)(c) @7.5%
98
Sale proceeds of goods by industrial undertaking u/s
154(3A) 64070153
99 Contract payments to indirect exporter u/s 154(3B) 64070154
100 Export Proceeds u/s 154(3C) 64070155
101 Income from Property u/s 15(6) 64080052
102 64090051
103 64090052
104 64090053
105 64090054
106 64090055
107 64090056
108 64090151
109 64120066
110 64120070
111 64120074
112 64130151
113 64140051
114 64140052
115 64150102
116 64151351
117 64151451
118 64151651
119 64151652
120 64151802
121 64151803
122 64151804
123 64151807
124
Advance tax on registering or attesting transfer of
immovable property u/s 236W 64151951
125 64220051
126 Capital Gains on Immovable Property u/s 37(1A) @2.5% 64220052
127 64220053
128 Capital Gains on Immovable Property u/s 37(1A) @7.5% 64220054
129 64220055
130 Capital Gains on Immovable Property u/s 37(1A) @3.75% 64220057
131 64220151
132 Capital Gains on Securities u/s 37A @ 5% 64220153
133 64220157
134 64220158
135 64220155
136 64220156
137 64310053
138 64310055
139 64310056
140 64310061
141 64310062
142 64310063
143 64310071
144 64320051
145 64120151
146 64120152
Signature: Date:
Fee for Carriage Services by Oil Tanker/Goods Transport Contractor
u/c (43D) and (43E), Part IV, 2nd Schedule @2.5%
Value of Shares traded through a member of a Stock exchange u/s
233A (1)(a)
Fin
al
/ F
ixe
d /
Av
era
ge /
Re
leva
nt
/ R
ed
uce
d R
ate
Re
gim
e
Brokerage / Commission u/s 233 @10%
Brokerage / Commission u/s 233 @12%
Capital Gains on Securities u/s 37A @ 12.5%
Dividend in specie u/s 236S @ 7.5%
Capital Gains on Immovable Property u/s 37(1A) @10%
Capital Gains on Immovable Property u/s 37(1A) @5%
Capital Gains on Immovable Property u/s 37(1A) @0%
Issuance of Bonus Shares by Companies not quoted on Stock
Exchange u/s 236N
CNG Station Gas Bill u/s 234A
Issuance of Bonus Shares by Companies quoted on Stock Exchange
u/s 236M
Payment for rent / right to use machinery / equipment u/s 236Q
Electricity Bill of Commercial Consumer u/s 235
Purchase of Locally Produced Edible Oil/Vegitable Ghee u/s 148A
@2%
Value of Shares traded through a member of a Stock exchange u/s
233A (1)(b)
Capital Gains on Securities u/s 37A @15%
Capital Gains on Securities u/s 37A @ 0%
Winnings from Lottery u/s 156
Winnings from Quiz u/s 156
Winnings from Sale Promotion u/s 156
Fee for other services outside Pakistan under clause (3), Part-II,
Second Schedule @ 5%
Receipts for Contracts outside Pakistan u/c (3), Part II, 2nd Schedule
@3.75%
Dividend in specie u/s 236S @ 12.5%
Dividend in specie u/s 236S @ 10%
Rent of machinery & equipment u/s 236Q(2)
Lease of rights to collect tolls u/s 236A(3)
Brokerage / Commission u/s 233 @8%
Dividend in specie u/s 236S @ 15%
Capital Gains on Securities u/s 37A @ 10%
Winnings from Raffle u/s 156
Receipts from shipping business of a resident person u/s 7A
Profit on Debt u/s 7B
Fee for transport services outside Pakistan under clause(3),Part-II,
Second Schedule @ 1%
Fee for advertising services by electronic and print media outside
Pakistan under clause (3), Part-II, Second Schedule @ 0.75%
Electricity Bill of Industrial Consumer u/s 235
Winnings from Crossword Puzzle u/s 156
Commission / Discount on petroleum products u/s 156A @ 12%
Capital Gains on Securities u/s 37A @ 7.5%
Prize on Prize Bond u/s 156
Tax Year 2018
NTN
Sr. Code
Receipts /
Value
Tax Collected /
Deducted / Paid
A B
1 640000
2 64010002
3 64010004
4 64010006
5 64010009
6 64010011
7 64010012
8 64050007
9 64050008
10 64050009
11 64050010
12 64050011
13 64050012
14 64060002
15 64060003
16 64060005
17 64060009
18 64090201
19 64100101
20 64100201
21 64100301
22 64100302
23 64100303
24 64100304
25 64120201
26 64130001
27 64130002
Annex-A
Adjustable Tax Collected / Deducted
Name*
CNIC*
Import u/s 148 @1%
Import u/s 148 @2%
Import u/s 148 @3%
Import u/s 148 @4.5%
Import u/s 148 @5.5%
Import u/s 148 @6%
Payment for Goods u/s 153(1)(a) @1.5%
Payment for Goods, Services, Contracts, Rent, etc. to a Non-Resident u/s 152(2)
Profit on Debt to a Non-Resident u/s 152(2)
Payment for Other Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st Schedule
Payment for Contracts to a PE of a Non-Resident u/s 152(2A)(c) / Division II, Part III, 1st Schedule
Payment for Goods u/s 153(1)(a) @1%
Margin Financing, Margin Trading or Securities Lending u/s 233AA
Payment for Goods u/s 153(1)(a) @4.5%
Description
Adjustable Tax [Sum of 2 to 62]
Payment for Goods to a PE of a Non-Resident u/s 152(2A)(a) / Division II, Part III, 1st Schedule
Payment for Transport Services to a PE of a Non-Resident u/s 152(2A)(b) / Division II, Part III, 1st
Schedule
Withdrawal from Pension Fund u/s 156B
Cash Withdrawal from Bank u/s 231A
Certain Banking Transactions u/s 231AA
Motor Vehicle Registration Fee u/s 231B(1)
Motor Vehicle Transfer Fee u/s 231B(2)
Passenger Transport Public Vehicle Tax u/s 234
Payment for Goods u/s 153(1)(a) @2.5%
Motor Vehicle Sale u/s 231B(3)
Motor Vehicle Leasing u/s 231B(1A) @4%
Goods Transport Public Vehicle Tax u/s 234
28 64130003
29 64140101
30 64150001
31 64150002
32 64150003
33 64150004
34 64150005
35 64150006
36 64150101
37 64150201
38 64150301
39 64150401
40 64150601
41 64150602
42 64150603
43 64150604
44 64150605
45 64150701
46 64150702
47 64150801
48 64150901
49 64151001
50 64151101
51 64151201
52 64151501
53 64151701
54 64151902
55 64151903
56 64152101
57 64151904
Signature: Date:
Purchase by Auction u/s 236A
Screening of Foreign TV drama serial or play (other than in english) u/s 236F
Prepaid Telephone Card u/s 236(1)(b)
Phone Unit u/s 236(1)(c)
Internet Bill u/s 236(1)(d)
Prepaid Internet Card u/s 236(1)(e)
Renewal of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and
Landing Rights u/s 236F
Private Vehicle Tax u/s 234
Electricity Bill of Domestic Consumer u/s 235A
Telephone Bill u/s 236(1)(a)
Cellphone Bill u/s 236(1)(a)
Purchase of other commodities by Distributors / Dealers / Wholesalers u/s 236G
Purchase of Fertilizer by Distributors / Dealers / Wholesalers u/s 236G
Purchase by Retailers u/s 236H
Advance tax on extraction of minerals u/s 236V
Issuance / Renewal of License to Dealers / Commission Agents / Arhatis u/s 236J
Sale / Transfer of Immovable Property u/s 236C
Functions / Gatherings Charges u/s 236D
Issuance of License to Cable Opeartors u/s 236F
Renewal of License to Cable Opeartors u/s 236F
Issuance of License to IPTV, FM Radio, MMDS, Mobile TV, Mobile Audio, Satellite TV Channel and
Landing Rights u/s 236F
Educational Institution Fee u/s 236I
Domestic Air Ticket Charges u/s 236B
Advance tax on tobacco u/s 236X
Purchase / Transfer of Immovable Property u/s 236K
Purchase of International Air Ticket u/s 236L
Banking transactions otherwise than through cash u/s 236P
Education related expenses remitted abroad u/s 236R