Individual Income tax Return (English)

Individual Income tax Return (English)



Instructions:

(1)      This  return  of  income  shall  be  signed  and  verified  by  the  individual  assessee  or  person  as  prescribed u/s 75 of the Income Tax Ordinance, 1984. 

(2)     Enclose where applicable: 

(a)Salary  statement  for  salary  income;  Bank  statement  for  interest;  Certificate  for  interest  on  savings instruments; Rent agreement, receipts of municipal tax and land revenue, statement of house property loan interest, insurance premium for house property income; Statement of professional  income  as  per  IT  Rule-8;  Copy  of  assessment/  income  statement  and  balance  sheet  for  partnership  income;  Documents  of  capital  gain;  Dividend  warrant  for  dividend  income;  Statement  of  other  income;  Documents  in  support  of  investments  in  savings  certificates, LIP, DPS, Zakat, stock/share etc. 

(b)Statement of income and expenditure; Manufacturing A/C, Trading and Profit & Loss A/C and Balance sheet; 

(c)Depreciation  chart  claiming  depreciation  as  per  THIRD  SCHEDULE  of  the  Income  Tax  Ordinance, 1984; 

(d)  Computation of income according to Income tax Law; 

(3)     Enclose separate statement for: 

(a)Any income of the spouse of the assessee (if she/he is not an assessee), minor children and dependant;  

(b)Tax exempted / tax free income. 

(4)   Fulfillment of the conditions laid down in rule-38 is mandatory for submission of a return under "Self Assessment". 

(5)    Documents  furnished  to  support  the  declaration  should  be  signed  by  the  assessee  or  his/her  authorized representative. 

(6)   The assesse shall submit his/her photograph with return after every five year. 

(7)   Furnish the following information: 

(a)Name, address and TIN of the partners if the assessee is a firm; 

(b)Name of firm, address and TIN if the assessee is a partner; 

(c)Name of the company, address and TIN if the assessee is a director. 

(8) Assets and liabilities of self, spouse (if she/he is not an assessee), minor children and dependant(s) to be shown in the IT-10B. 

(9)  Signature  is  mandatory  for  all  the  assessee  or  his/her  authorized  representative.  For  individual,  signature is also mandatory in I.T-10B and I.T-10BB. 

(10) If needed, please use separate sheet.


Individual Income tax Return (English) Form Download

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