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CHAPTER – IX

CERTIFICATES, STATEMENTS AND

PROCEDURE FOR PAYMENT OF ADVANCE TAX

 

PART I – SECTION 159 CERTIFICATE

 

40.       Exemption or lower rate certificate u/s 159.- (1) An application for a certificate under sub-section (1) of section 159 shall be made in the form specified in Part-VII of the First Schedule to these rules.

           

            (2)       A certificate issued by the Commissioner under sub-section (1) of section 159 shall be in the form specified in Part VIII of the First Schedule to these rules.

 

PART II – SALARY

Division I – Deduction of Tax

 

41        Tax deducted from salary.  (1) Subject to sub-rule (2), every employer shall deduct tax from a payment of salary at the rate specified in section 149 read with in the First Schedule to the Income Tax Ordinance, 2001.

 

(2)       The Commissioner may, upon application in writing by an employer (other than the Government) and notwithstanding anything contained in these rules, permit an employer to pay tax deducted from salary paid to employees in a lump sum for each employee every month based on the average amount of tax deductible every month from such income and to furnish a reconciliation statement at the end of the financial year in the prescribed form sub-rule 6.

 

(2)               Where an employer has been granted permission under sub-rule (1), the employer shall –

 

(a)       compute the tax due on the income chargeable under the head “Salary” for each employee and make any adjustments as necessary in the deduction from salary for the month of June; and

 

(b)       furnish a reconciliation statement to the Commissioner in the prescribed form for each employee within fifteen days after the end of the financial year.

 

            (4)       Where an employee leaves employment before the end of the financial year, the adjustment referred to in clause (a) of sub-rule (3) shall be made, and the statement referred to in clause (b) of sub-rule (3) shall be furnished, within fifteen days after termination of the employee’s employment.

 

(4)       Where an employer ceases to carry on business in a financial year, the adjustment referred to in clause (a) of sub-rule (3) shall be made, and the statement referred to in clause (b) of sub-rule (3) shall be furnished prior to ceasing business.

 

(5)       The adjustments referred to in sub-rule (3) shall be made for each individual employee and any excess recovered from one employee should not be adjusted against any short recovery from another employee.

 

(6)       A reconciliation statement shall be in the following form, namely:-

 

 Reconciliation Statement of Tax Deducted from Salary for the year

Ended 30th June, 20______

 

S. No.

Name of Employee

National Tax Number

Designation

Tax deducted from July to May

Tax deducted during June

Total tax deducted.

1

2

3

4

5

6

7

Division II – Payment of Deducted Tax

 

42.       Payment of tax deducted.- (1) All amounts deducted under section 149 by, or on behalf of, the Government shall be paid to the credit of the Federal Government on the day the amount was collected or deducted.

 

            (2)       Except where sub-rule (1) or (5) applies, all amounts deducted under section 149 in a month shall be paid to the credit of the Federal Government by remittance to the Government Treasury, an authorised branch of the State Bank of Pakistan or the National Bank of Pakistan within 15 days from the end of the month.

 

            (3)       Where the annual salary paid by an employer to its employees for a tax year is estimated to be less than 300,000 rupees per employee, the employer may apply to the Commissioner for permission to pay tax deducted under section 149 on a quarterly basis, provided the quarterly returns are regularly filed.

 

            (4)       An application under sub-rule (3) shall be made to the Commissioner in writing –

 

(a)       specifying the reasons for the application;

 

(b)       number of employees with less than 300,000 income; and

 

(c)        total estimated tax deduction covered by such deferral of tax.

 

            (5)       Where the Commissioner grants an application under sub-rule (4), all amounts deducted under section 149 in a quarter shall be paid to the credit of the Federal Government by remittance to the Government Treasury, an authorised branch of the State Bank of Pakistan, or the National Bank of Pakistan –

 

(a)               for the quarter ending on the 30th day of September, by the 15th day of  October;

 

(b)               for the quarter ending on the 31st day of December, by the 15th day of January;

 

(c)               for the quarter ending on the 31st day of March, by the 15th day of April; and

 

(d)               for the quarter ending on the 30th day of June, by 23rd day of June.

 

(6)       The amount paid by 23rd day of June, for the quarter ending the 30th day of June shall be based on the amount paid for the quarter ending the 31st day of March and the employer shall make an adjustment based on actual salary paid for the quarter by the 31st day of July next following.

 

            (7)       The payment of any amount to which this rule applies shall be accompanied by an income tax challan.

 

(8)       Blank copies of income tax challans may be obtained from the Commissioner.

 

(9)       The prescribed income tax authorities for the purposes of submission of original copies of income tax challans under this rule shall be specified by the Central Board of Revenue through open circular from time to time.

 

Division III – Employer’s Certificate

 

43. Certificate of deduction of tax from salary. - (1) An employer shall issue to every employee employed by the employer in a financial year a certificate of deduction of tax from salary in the form specified in Part-III of Second Schedule to these rules within sixty days after the end of the employee’s tax year.

(2) Where an employee leaves employment before the end of the financial year, the employer shall issue to the employee a certificate of deduction of tax from salary for the period of employment in the year within seven days after termination of the employee’s employment.

(3) An employer who ceases to carry on business in a financial year shall issue a certificate of deduction of tax from salary to each employee prior to ceasing business.

(4) An employer who fails to issue a certificate of deduction of tax from salary as required under sub-rules (1), (2) or (3) shall commit an offence punishable on conviction under clause (c) of sub-section (1) of section 191.

(5) Where a certificate of deduction of tax from salary has been lost, stolen or destroyed, the recipient of the certificate may request, in writing, that the issuer of the certificate issue a duplicate certificate.

(6) Where a request has been made under sub-rule (5), the issuer of the certificate shall comply with the request and the certificate so issued shall be clearly marked “duplicate”.

(7) The certificate of deduction of tax issued by an employer to an employee shall be treated an “Employer’s Certificate in lieu of Return of Income” for the purposes of rule 35.
 

44        Certificate of deduction from salary.- (Omitted by SRO No. 651(I)/2004 Dated 30th July 2004)

 

45.       Furnishing of employer’s certificates to Commissioner.-  (Omitted by SRO No. 651(I)/2004 Dated 30th July 2004)

 

46. Certificate issuing authorities - (1) An employer’s certificate in lieu of return of income referred to in rule 43 shall, in the case of a Government employee, be prepared and issued to the employee by-

(a) civil audit officers for all gazetted officers and others who draw their pay from audit offices on separate bills and also for all pensioners who draw their pensions from audit offices;
(b) chief accounts officer, Ministry of Foreign Affairs, for all gazetted officers and others in the employment of the said Ministry;
(c) treasury officers for all gazetted officers and others who draw their pay from treasuries on separate bills without countersignature and also for all pensioners who draw their pensions from treasuries;
(d) heads of civil or military offices for all non-gazetted officers whose pay is drawn on establishment bills or on bills countersigned by the head of office;
(e) forest disbursing officers and Public Works Department disbursing officers in cases where direct payment from treasuries is not made, for themselves and their establishments;
(f) head postmasters for,--
(i) themselves, their gazetted subordinates and the establishments of which the establishment pay bills are prepared by them;
(ii) supervising and controlling gazetted officers of whose headquarters post offices they are in-charge; and
(iii) pensioners drawing their pensions through post offices;
(g) head record clerks or account officer railway mail service, for themselves and all the staff whose pay is drawn in their establishment pay bills; and
(h) the disbursing officers in the case of the administrative and audit officers;
(i) controllers of military accounts (including divisional military supply, marine and field controllers) for all gazetted military officers under their audit;
(j) disbursing officers in the military works department for themselves and their establishments; or
(k) chief accounts officers or chief auditor of railways concerned for all railway employees under their audit.
(2) An employer’s certificate in lieu of return of income referred to in rule 43 shall, in any other case, be prepared and issued to the employee by,-

(a) the designated officer of the department under specific order,
(b) secretary of company;
(c) accounts officer authorized in this behalf for payment of salary;
(d) managing member or partner of an association of persons; or
(e) employer.”; and

 

PART III – AMOUNTS SUBJECT TO ADVANCE TAX

(OTHER THAN SALARY)

 

Division I – Collection or Deduction of Tax

 

47        Collection or deduction of tax.- Every person obliged under the Ordinance to collect tax from an amount or deduct tax from a payment shall collect or deduct the tax as specified in the Ordinance.

 

48        Certificate of collection or deduction.- (1) This rule applies for the purposes of sub-section (1) of section 164, which obliges a person – 

(a)       collecting tax under Division II of Part V of Chapter X of the Ordinance;

 

(b)       deducting tax from a payment under Division III of Part V of Chapter X of the Ordinance except in the case of salary;

 

(c)        collecting or deducting tax under Chapter XII; or

 

(2)       deducting tax under the Sixth Schedule, to issue a certificate as specified in rule 50 to the person from whom tax has been collected or to whom the payment has been made.

 

            (3)       A certificate required to be furnished under sub-section (1) of section 164 (other than in respect of the deduction of tax from salary and under sub-rule (2)) shall be in the form specified under rules in this Division.

 

            (4)       Where a certificate issued under sub-section (1) of section 164 has been lost, stolen or destroyed, the recipient of the certificate may request, in writing, that the issuer of the certificate issue a duplicate certificate.

 

            (5)       Where a request has been made under sub-rule (5), the issuer of the certificate shall comply with the request and the certificate so issued shall be clearly marked “duplicate”.

 

 

49         Certificate of collection/ deduction  of tax at source.- Certificate u/s 164 to issue to the recipient payee or to the person who would receive credit for such tax deduction/ collection. The certificate has to be serially numbered and issued in duplicate to the person

 

Certificate of Collection or Deduction of Tax

 

S. No. _____                             Original/ Duplicate/ Triplicate       Date of Issue __________

 

Certified that a sum of    Rs        . ______________ (Amount of tax collected/ deducted in figures)

                                                                (__________________________________________ (Amount in words)

on account income tax

has been collected/

deducted from                            ________________________________________________

                                                (Name & Address of the person whom tax collected/ deducted)

holding National Tax No.             ________________________ (if any)

on                                             ________________________ (Date of collection/ deduction)

under section*                           ________________________ (Specify section of Income Tax Ordinance, 2001)

on account of*                           ________________________ (Specify nature)

vide                                           ________________________ (Particulars of LC, contract etc)

on the value/ amount of               ________________________

(Gross amount on which tax collected/ deducted in the matter of collection of tax u/s 234, 235 and 236)

Date(s) of payment for which

tax deducted/ prior to which

deduction relate to/ prior to which

tax deposit relate to                   ________________________

                                                ________________________ (Amount in words)

This is to further certify that

the tax collected/deducted

has been deposited in the           ________________________ (Main)

of                                              ________________________

at                                             ________________________ (City)

on                                             ________________________ (Date of deposit)

vide challan/ treasury/ Voucher   

No booked/ instrument entries through

(MAG, CNA etc, Pl. Specify A/C No)

in the Federal Government/

Income Tax Head of account.

 

Company/ office etc. collecting/ deducting the tax

 

Name                                        ________________________

Address                                    ________________________

                                                ________________________

NTN (if any)                               ________________________

 

                                                                                                Signature __________________

                                                                                                Name of authorised person _________

Date ___________                     Seal                                          Designation ________________

(Key on the Back Page)

*Section on account of

148

Import of goods.

154(1)

Realisation of foreign exchange proceeds on account of export of goods.

150

Dividend

154(2)

Realisation of foreign exchange proceeds on account of indenting commission.

151

Profit on debt.

154(3)

Realisation of the proceeds on account of sale of goods to an exporters under an inland back-to back letter of credit.

152(1)

Royalty or fees for technical services paid to non-resident.

155

Rent of immovable property etc.

152(2)

Other payments (specify) to non-resident person excluding those covered u/s 152(1), 149, 150, 153, 155 and 156.

156

Prize on a prize bond, winnings from a raffle, lottery or cross word puzzle.

 

 

 

233

Brokerage or commission

153(1)

Sale of goods/ rendering of services/ execution of contract by a resident person.

234

Along with motor vehicle tax.

153(3)

Execution of a turnkey contract; a contract or sub-contract for design, construction or supply of plant and equipment under a power project; a contract or sub-contract under a construction, assembly or installation project in Pakistan, including a contract for the supply of supervisory activities in relation to such project; or any other contract for construction or services rendered, other than a contract to which section 152 applies; by a non-resident person.

235

Electricity consumption

 

 

236

Telephone users.

 

Division II – Payment of Tax Collected or Deducted

 

50.       Payment of tax collected or deducted.- (1) This rule applies for the purposes of section 160, which provides for –

 

(a)       the payment of tax collected under Division II of Part V of Chapter X of the Ordinance or deducted under Division III of Part V of Chapter X or Chapter XII of the Ordinance;

 

(b)       the payment of tax collected or deducted under Chapter XII of the Ordinance; and

 

(2)       the payment of tax deducted under the Sixth Schedule to the Ordinance.

 

            (3)       All amounts to which this rule applies that have been collected or deducted by, or on behalf of, the Government shall be paid to the credit of the Federal Government on the day the amount was collected or deducted.

 

            (4)       All amounts to which this rule applies (other than where sub-rule (2) applies) that have been collected or deducted by a person shall be paid to the credit of the Federal Government by remittance to the Government Treasury, an authorised branch of the State Bank of Pakistan or the National Bank of Pakistan within one week from the date the amount was collected or deducted.

 

            (5)       The payment of any amount to which sub-rule (2) applies shall be accompanied by an income tax challan and the statement in respect of sub-rule (2) as under:-

 

STATEMENT OF DEDUCTION MADE FROM PAYMENT OF

CONTRIBUTIONS TO AN APPROVED SUPERANNUATION FUND

  

In case where the trustees of an approved superannuation fund repay any contribution made by the employer to an employee during his lifetime but not at or in connection with the termination of his employment, or in lieu or in commutation of an annuity, they shall forthwith send to the a statement giving the following particulars, namely.-

 

Name of the Employee

Address

National Tax Number

The period for which the employer has contributed to the supreannuation fund.

The amount of contributions repaid.

The average of deduction of income tax during the preceding three years.

Amount of income tax deducted on repayment.

Date of deposit of tax in government treasury.

Treasury Challan No.

 

 

 

 

Principal

Interest

 

 

 

 

1

2

3

4

5

6

7

8

9

10

 

            (6)       Blank copies of income tax challans may be obtained from the Commissioner.

 

            (7)       The prescribed income tax authorities for the purposes of submission of original copies of income tax challans under this rule shall be specified by the Central Board of Revenue through open circular from time to time.

 

 

Division III – Quarterly, Six Monthly and Annual Statements

of Tax collected or Deducted

 

51        Section 165 statement, related forms and the time-frame.- (1) This rule applies for the purposes of section 165, which provides for the furnishing of statements by persons –

 

(a)       collecting tax under Division II of Part V of Chapter X of the Ordinance or deducting tax under Division III of Part V of Chapter X of the Ordinance; and

 

(b)       collecting or deducting tax under Chapter XII of the Ordinance; or

 

            (2)       An annual statement required to be furnished under sub-section (1) of section 165 for a financial year shall be –

 

(a)       in the form specified in the following rules; and

 

(b)       furnished within two months after the end of the year.

 

            (3)       Pursuant to sub-section (2) of section 165 and in addition to the annual statement referred to in sub-rule (2), a person required to collect tax under section 232 (but not in respect of transfer of funds etc on or after first day of July, 2002) or 236, or deduct tax under sections 149, 151, 152, 153, 154, 157 or 233 shall furnish a statement for each period of three months ending on the 30th day of September, 31st day of December, 31st day of March and 30th day of June, within 15 days of the end of the period .

 

            (4)       Pursuant to sub-section (2) of section 165 and in addition to the annual statement referred to in sub-rule (2), the Collector of Customs required to collect tax under section 148 shall furnish a statement for each period of six months ending on the 31st day of December and 30th day of June, within 15 days of the end of the period.

 

            (5) In case of dividend issued/ paid by the relevant company a statement in the prescribed form shall be furnished within 60 days from declaration.

 

            (6)       Where –

 

(a)       a person is required to furnish both quarterly and annual statements in relation to tax collected or deducted; or

 

(b)       a person is required to furnish both six monthly and annual statements in relation to tax collected or deducted,

 

the annual statement shall include a reconciliation of the total amount paid, the total tax deducted or collected, the amount where tax was not deducted or collected owing to the application of an exemption certificate or where provision of the relevant section for deduction or collection was not applicable or due to the amount being lower than threshold, tax was not deducted should be added as part of the statement.

 

51A.    Quarterly statement under section 165 read with section 149 regarding salary during the financial year.- A return under section 165 shall be furnished by every person responsible for paying income chargeable under the head “Salary”, where the income so paid by him to any person exceeds the maximum taxable limit, to the Commissioner having jurisdiction to such recipients, in the following form and shall be verified in the manner indicated therein, namely:-

 

Statement under section 165 read with section 149 of the

Income Tax Ordinance, 2001 for the year

From 1st July, _____ to 30th June _____

 

S.No

Name of Employee

National Tax Number

Address

Appointment or nature of appointment

Pay, wages or other remuneration including leave pay, payment in lieu of leave, overtime payment, bonus, commission fees, gratuity or work condition supplement (such as unpleasant or dangerous working conditions)

Perquisites whether convertible to money or not

Amount of any allowance including cost of living, subsistence

rent, utilities, education, entertainment or travel allowance, but excluding any allowance solely expended in the performance of the employee’s duties of employment

Amount of any expenditure incurred by an employee that is paid or reimubrsed by the employer, other than expenditure incurred on behalf of the employer in the performance of the employee’s duties of employment.

1

2

3

4

5

6

7

8

9

  

Amount of any profits in lieu of or in addition to, salary or wages including any amount received.

Any pension or annuity, or any supplement to a pension or annuity.

Any amount chargeable to tax u/s 14 on account of employee share’s scheme

As consideration for a person’s agreement to enter into an employment relationship.

As consideration for an employee’s agreement to any conditions of employment or any changes to the employee’s conditions of employment.

On termination of employment, whether paid voluntarily or under an agreement, including any compensation for redundancy or loss of employment and golden handshake payments.

From a provident or other fund, to the extent to which the amount is not a repayment of contributions made by the employee to the fund in respect of which the employee was not entitled to a deduction.

As consideration for an employee’s agreement to a restrictive convenant in respect of any past, present or prospective employment.

10

11

12

13

14

15

16

 

Remuneration paid by employer or domestic and personal services provided to the employee

 

Value of rent free accommodation or any concession in rent free accommodation provided by the employer on account of

Utilities

Medical hospitalization fees, expenses paid.

Rent free unfurnished accommodation

Rent free furnished accommodation

Accommodation hired by employee with rent payable by employer

Accommodation provided at a concessional rate.

17

18

19

20

21

22

23

 

Value of free conveyance provided by the employer

Value of free of concessional passage provided by the employer

Employer’s contribution.

Conveyance provided exclusively for personal or priviate use.

Conveyance used partly for personal and partly for business purpose.

Conveyance used exclusively for business purposes.

Recognized provided fund

Recognized superannuation fund

24

25

26

27

28

29

 

Interest credited to employer’s account in a recognized provided/ superannuation fund

Value of any benefit or annuity provided by the employer free of cost or at a concessional rate, or any other sum not included in the preceding columns such a food-free or at concessional rate.

Amount but not paid given full particulars with due date and period for which payable.

Total

30

31

32

33

 

Amount liable to tax under the Income Tax Ordinance, 2001.

Contribution to

Contribution to provident or superannuation fund, life insurance, premium, other investments

Taxable income

Tax payable

 

Benevolent fund

Group insurance

 

 

 

34

35

36

37

38

39

 

Tax deducted and deposited to credit of Federal Government.

Date on which deposited.

Treasury Challan No.

Remarks.

40

41

42

43

 

I _____________, certify that the above statement contains a complete list of the total amount paid to

 

(i)                 all person who were receiving or to whom the said amount was due on the 30th day of June, 20_____.

(ii)               all persons form whose salaries any tax was deducted during the year ended on the 30th June, 20___, and that all the particulars furnished above are correct.

 

 

Date: _______________-                                                               Signature ____________

                                                                                                            Designation___________

 

52        Annual statements of tax deducted from dividends.-  The six monthly and annual statement to be furnished under section 165 by a resident company deduct tax from dividends paid shall be in the following form and verified in the manner indicated therein, namely:-

 

ANNUALSTATEMENT OF TAX COLLECTED OR DEDUCTED UNDER SECTION 150 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDING 30TH JUNE, 200 ____

Name of the company ____________________________________________________

Address ­­­­_______________________________________________________________

 

National Tax Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

S. No

Name of the shareholder

Address

National Tax number

Number and description of share held by the share-holder

Date of declaration of dividends/ Bonus shares

Nature of dividends/[bonus shares] final/interim

Amount of dividend [bonus shares]

Amount of tax deducted

Date of deposit to government treasury

Treasury challan

No.

Remarks in case no or low tax is deducted(Please specify the details of the recipient, reasons for non deduction or low tax with amount paid.

1

2

3

4

5

6

7

8

9

10

11

12

 

 

 

I, the Principal Officer of the Company, hereby certify that the above statement contains a complete list of :-

 

(iii)             the resident, non-resident shareholders which are companies and to whom a dividend was distributed.

 

(iv)              Other resident/non-resident shareholders of the company to whom a dividend or aggregate dividend exceeding Rs.10,000 was or were distributed during the period.

 

Signature of the Principal Officer _______________

Name __________________________________

 

            (2)       The annual statements required to be furnished under sub-clause (1) shall be delivered to the Commissioner with responsibility for assessing the company and any other officer authorized in this behalf by the Central Board of Revenue.

 

53.       (1).Quarterly and annual statements of tax deducted from profit on Bonds, Certificates, Debentures, Securities, or Instruments.- The quarterly and annual statements to be furnished under section 165 by a person deducting tax under clause (c) of sub-section (1) of section  151 from profit paid by the person shall be in the following form, namely:-

 

 

QUARTERLY/ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 151(1)(c) OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE, 200________/FOR QUARTER ENDED ____

 

Nature of payment.

Name of recipient

Gross amount paid after zakat but before deduction of tax (see section 151)

Tax deducted and deposited.

Date of deposit of tax into Government Treasury.

Treasury Challan No.

Any other mode of transfer of tax deduction to the income tax head of account maintained in the designated bank. Please specify and give details.

Remarks in case no tax or low tax is deducted (Please specify the details of the recipient, reasons for non deduction or low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

Bonds

Certificates

Debentures

Securities

Other instruments.

_____________________________________________________________________

Name of the company/Bank/Office making payment       

 

            Signature_______________________

                                                                                    Name & Designation_______________

Address________________________            Date__________________________

National Tax Number (if any):         

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

54.       Quarterly and annual statements of tax deducted from profit on debt, brokerage, commission or professional fees.- (1)The quarterly and annual statements to be furnished under section 165:-

 

(a)       by a person deducting tax under clause (a) or (b) of sub-section (1) of section 151 from profit on debt paid by the person;

 

(b)       by a person deducting tax under section 233 from brokerage or commission paid by the person;

 

(c)        by or on behalf of Government, a local authority, public company (including a banking company), a foreign consultant or consortium deducting tax under section 152 from professional fees,shall be in the following form and verified in the manner indicated therein, namely:-

 

55.       QUARTERLY /ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 151(1)(b) or (c), 152 or 233 OF THE INCOME TAX ORDINANCE 2001.-

 

FOR YEAR ENDED 30TH JUNE 20-__/FOR QUARTER ENDED ____

 

Name of the payer ___________________________________________________

Address _____________________________________________________________

National Tax Number __________________________________________________

 

S. No

Name of the payee

Address

National Tax Number

Whether payee is resident/ non-resident

Date of payment

Profit on debt

Nature of payment

Professional fees

Total amount

Date of deposit to Government

Treasury Challan

Remarks in case no tax or low tax is deducted(Please specify the details of the recipient, reasons for non deduction or low deduction of tax with amount paid & names of person(s).

 

 

 

 

 

 

 

Brokerage

Commission Agent

 

 

 

 

 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

            I,_____________________ of ______________________ hereby certify that the above statement contains a complete list of persons to whom profit on debt /brokerage/ commission/ professional fee  for the year/quarter months ended on _____.

                       

            Signature______________

Name_______________

Designation___________

            State name of Government, local authority, public company, foreign contractor, consultant or consortium.

 

            (2)       The payment exceeding the monetary limits for which statement is required to be filed under sub-rule (1) shall be:-

(i)                 in the case of a non-resident person___________Nil

(ii)               in the case of a resident person

(a)               where the amounts paid are in the nature of profit on debt Rs.1,000; and

                        (b)       where amounts paid are other than profit on debt Rs.5,000.

 

56.       Statement under section 153 regarding deduction of tax made from contractors, suppliers etc. – Any person making deduction in accordance with the provisions of Section 153 shall by the fifteenth day of each quarter send to the Income Tax Authorities specified under rule ______ a quarterly statement in respect of payment made by him during the preceding quarter in the following form, verified in the manner indicated therein, namely:-

 

STATEMENT OF DEDUCTION OF TAX MADE UNDER SECTION 153 OF INCOME TAX ORDINANCE, 2001

 

Name of the recipient

Address

National Tax Number

Nature of payment

Contract order No.

Date of payment

 Total amount payable before deduction of tax

Amount paid after deduction of tax

Income tax deducted and deposited

Date of deposit of tax to governemnt treasury

Treasury Challan No.

Remarks if any amount paid without deducing tax or low rate mentioning amounts

 

 

 

 

 

 

 

 

 

 

 

 

1

2

3

4

5

6

7

8

9

10

11

12

13

                         

 

57.       Quarterly and annual statements of tax deducted from rent of immovable property .- The quarterly and annual statements to be furnished under section 165 by a person deducting tax under section 155 from payments of rent of immovable property shall be in the following form, namely:-

 

 

QUARTERLY /ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 155 OF THE INCOME TAX ORDINANCE 2001

 

 

FOR THE YEAR ENDED 30TH JUNE 20-__/FOR THE QUARTER ENDED ____

 

S.No.

Name of recipient

Address

NTN

Address of property

Amount paid before deduction of tax.

Amount paid after deduction of tax.

Tax deduc-

Ted and deposi-ted treasury Challan No. & date.

Dates of deposit/

transfer through Bank to the NBP/

SBP in federal govt. treasury.

Remarks in case no/ low tax is deducted (Please specify the details of the recipient, reasons for non deduction or low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

9

10

 

Name of officer making payment:_________       Signature________________________

Address: __________________________         Name and Designation______________

NTN: _____________________________         Date: ___________________________

 

58.       Quarterly and annual statements of tax deducted from payments to non-resident persons .- The quarterly and annual statements to be furnished under section 165 by a person deducting tax under section 152 from a payment made by the person to a non-resident person shall be in the following form and verified in the manner indicated therein, namely:-

 

QUARTERLY/ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 152 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE 20__/FOR QUARTER ENDED _____

 

Name and address of the non-resident to whom payment is made.

Nature of payment.

Dates of payment

Total amount paid

Challan No.

Tax deducted and deposited

Date of deposit to government treasury

Treasury Challan No.

Remarks in case no tax or low tax is deducted (Please specify the details of the recipient, reasons for non/ low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

9

 

 

I _______________________________, hereby certify that the above statement contains a complete list of persons from whom tax was deductible under section 152 of the Income Tax Ordinance, 2001), during the year/quarter ending on ______200 _________.

Name and Address ____________________                Signature_________________

Date ______________________________                               Designation____________

 

59.       Annual statement of tax deducted from certain export payments.- The annual statement to be furnished under section 165 by a person deducting tax under sub-sections (1) and (2) of section 154 in respect of exporters shall be in the following form and verified in the manner indicated therein, namely:-

 

ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 154 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE, 20___/FOR THE QUARTER ENDED ____

 

S.

No.

Name and address of exporter

National tax number

Description of items exported

Amount realized

In

Foreign exchange

Date

Of

Payment

Total

Amount (in Rs) before deduction of tax

Tax

Deducted

And depos-ted chalan no.

Date of deposit in Govt. Treasury

 1

              2

            3

            4

            5

        6

           7

            8

         9

 

            I, ______________ hereby certify that the above statement contains a complete list of persons from whom tax was deductible under section 154 of the Income Tax Ordinance, 2001, during the year ended on the 30th June, 20_____.

 

Name of the authorized dealer in foreign   Signature_______________

exchange__________________                          

Address________________________               Dated ___________________________

 

National Tax Number

 

 

 

 

 

 

 

 

 

 

 

 

 

60.       Annual statement of tax deducted in relation to the sale of goods to exporters under inland back to back letter of credit.-  The annual statement to be furnished under section 165 by a banking company deducting tax under sub-section (3) of section 154 from the proceeds of a sale of goods to an exporter under an inland back-to-back letter of credit or other prescribed arrangement shall be in the following form and verified in the manner indicated herein, namely:-

 

ANNUAL STATEMENT OF TAX DEDUCTED UNDER SECTION 154

OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE, _________.

 

S. No.

Name, address and National Tax Number of supplier of goods to exporter

Name, address and National Tax Number of  exporter

Description of Items supplied to exporter

Amount realised through back to back LC

Date of payment

Total amount before deduction of tax

Tax deducted and deposited

Date of deposit in Govt.

Challan No.

Remarks in case no tax/ low tax  is deducted (Please specify the details of the recipient, reasons for non/ low deduction of tax with the amount paid.

1

2

3

4

5

6

7

8

9

10

 

            I, __________________ do hereby certify that the above statement contains a complete and correct list of persons from whom tax was deductible under section 154 of the Income Tax Ordinance, 2001 during the year ended on 30th June________

 

 

Name of authorized dealer in foreign                     Signature___________________

Exchange       _____________________             Name________________________

Address         _____________________             Dated________________________

National Tax Number. ___________________

 

61.       Annual statement of tax deducted from prize bonds, or winnings from a raffle, lottery or cross-word puzzle.- The annual statement to be furnished under section 165 by a person deducting tax under section 156 from a prize bond, or winnings from a raffle, lottery or crossword puzzle paid by the person shall be in the following form and verified in the manner indicated therein, namely:-

 

ANNUAL STATEMENT OF DEDUCTION OF TAX UNDER SECTION 156 OF THE INCOME TAX ORDINANCE, 2001

 

FOR THE YEAR ENDED 30TH JUNE 20__

 

S.No.

Name and address of recipient

Nature of payment of prize or bonus, raffle, lottery etc.

Dates of payment

Total amount payable before deduction of tax.

Tax deducted and deposited with No. and date.

Dates of transfer to NBP/SBP income tax head of account through bank transfer

Remarks in case no tax deduction or low deduction (Please specify the details of the recipient, reasons for non deduction of low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

 

I ______ hereby certify that the above statements contains a complete list of persons from whom tax was deductible under section 156 of the Income Tax Ordinance, 2001 during the year ended 30th June 20__.

 

Name of the payer __________________Signature____________________________

Address __________________________Designation__________________________

NTN _____________________________

 

62.       Six monthly and annual statements of tax collected .- The six monthly and annual statements to be furnished under section 165 by the Collector of Customs collecting tax under section 148 shall be in the following form and verified in the manner indicated therein, namely:-

 

SIX MONTHLY/ANNUAL STATEMENT OF TAX DEDUCTED UNDER SECTION 148 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE, _________/FOR SIX MONTHS ENDED ____

 

S.

No.

Name & address of                      Importer

National    Tax

Number

Description of  goods

Appraised value of goods

Amount of customs duty & Sales tax etc.

Total

Value of goods

i. Amount of tax collected

 

ii. If no tax has been Collected specify reason of exemption

Dates of deposit of tax into Govt. Treasury/Bank

Bank/

Treasury

Challan No.

Remarks in case no/ low tax is deducted(Please specify the details of the recipient, amount paid and reasons for non/ low deduction of tax

1

2

3

4

5

6

7

8

9

10

11

 

            I_____________________ hereby certify that the above statement contains a complete list of importers who imported goods during the year/six months ended on _____ 20___.

 

Name and Designation  ____________________         Signature__________________

Office _______________________________               Date _____________________

 

 

63.       Quarterly and annual statements of collection of tax in relation to the issue or clearance of certain financial instruments.- The quarterly and annual statements to be furnished under section 165 by a person collecting tax under section 232 in relation to certain financial instruments shall be in the following form and verified in the manner indicated therein, namely:-

 

QUARTERLY/ANNUAL STATEMENT OF TAX DEDUCTED UNDER SECTION 232 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR ENDED 30TH JUNE, _________/FOR QUARTER ENDED ____

 

S. No

Name & code No. of Bank Branch

Total number of financial instruments (TT’s, DD’s, DRFDRs, issued during the quarter)

Total value of all the financial instruments issued during the quarter

Identifiable number of instruments on which tax has been collected.

Total value of financial instruments on which exempted tax has been collected u/s 232 (pleas enclose)

Amount of tax collected

Date of deposit of tax into government treasury with the date

Any other mode of transfer of tax – collection amount to Challan No. of account in the SBP or bank branch designated for the purpose. Please specify and give details.

Remarks in case no/ low tax is deducted (Please specify the details of the recipient, amount reasons for non/ low deduction of tax with amount and names of person(s).

1

2

3

4

5

6

7

8

9

10

 

I ________________ hereby certify that the above statement contains a complete list of persons from whom tax was collectible under section 232 of the Income Tax Ordinance, 2001, during the year/quarter ended on ____200______.

 

Name and Designation______________             Signature____________________

Bank Branch______________________                        Date________________________

 

Note:   i)          The statement shall be prepared date-wise, by each branch of the bank or

collecting institution.

ii)                  The statement shall be supplied to local or designated income tax office.

 

Signature _________________

__________________

Designation of person

Paying interest/ profit

 

64.       Quarterly and annual statements of tax collected in relation to motor vehicles.- The quarterly and annual statements to be furnished under section 165 by a person collecting tax under section 234 in relation to motor vehicles shall be in the following form and verified in the manner indicated therein, namely:-

 

QUARTERLY/ANNUAL STATEMENT OF TAX COLLECTED UNDER SECTION 234 OF THE INCOME TAX ORDINANCE, 2001

 

FOR YEAR FROM ENDED 30TH JUNE,___________/ FOR QUARTER ENDED ____

 

S.

No

Name and address of  owner

Registration

No.

Of the

Motor  vehicle

Motor vehicle make/ model engine capacity

Year of manufacture

Date of first registration

Of the vehicle

In Pakistan

Registered capacity/ laden weight of the vehicle

Amount of tax deducted/ collected and deposited

Date

Of deposit in govt. Treasury

Challan

No.

Remarks in case no/low  tax is deducted (Please specify the details of the recipient, reasons for non/ low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

9

10

 

            I, _____________hereby certify that the above statement contains a complete list of persons from whom tax was collected under section 234 of the Income Tax Ordinance, 2001 for year/quarter ended on ____,.

 

Name of motor vehicle tax collecting                      Signature______________________     Authority_____________________________ Address_______________________

Dated  ________________

 

National Tax Number

 

 

 

 

 

 

 

 

 

 

 

 

65.       Quarterly and annual statements of tax deducted from commission or discount allowed to petrol pump operators.- The quarterly and annual statements to be furnished under section 165 by a person deducting tax under section 157 from commission or discount allowed by the person to petrol pump operators shall be in the following form and verified in the manner indicated therein, namely:-

 

QUARTERLY/ANNUAL STATEMENT OF TAX DEDUCTED UNDER SECTION 157 OF THE INCOME TAX ORDINANCE, 2001

 

FOR THE YEAR ENDED 30TH JUNE___/FOR THE QUARTER ENDED ___

 

S.No

Name & Address of Petrol Pump Operator

National Tax Number

Item sold to petrol pump operator

Date of sales

Amount of sales

Commission/ discount allowed on the sales

Income tax collected from commission/ discount

Dates of deposit of tax in SBP/NBP & Br. Challan No./ Receipt No.

Any other mode of transfer of the income tax head of account in the designated bank

Remarks in case no/ low  tax is deducted(Please specify the details of the recipient, reasons for non/ low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

9

10

11

 

            I,_________________ do hereby certify that the above statement contains a complete and correct list of persons from whom tax was collectable under section 157 of the Income Tax Ordinance, 2001 during the year/quarter ended on _________.

 

Name of company/seller____________                           Signature___________________

Address________________________                           Name______________________

National Tax Number______________                            Date_______________________

 

66.       Quarterly and annual statements of tax collected  with telephone bills.—The quarterly and annual statements to be furnished under section 165 by a person collecting tax under section 236 shall be in the following form and verified in the manner indicated therein, namely:-

 

QUARTERLY/ANNUAL STATEMENT OF TAX COLLECTED UNDER SECTION 236

OF THE INCOME TAX ORDINANCE, 2001

FOR YEAR ENDED ON THE ____/FOR QUARTER ENDED ___.

 

S.

NO

Name of Subscriber and address

Phone

No.

NTN

And

NIC

Number

Total amount of bills for the quarter ending

or the year or ended

30-6-

Bills

Amount not subjected to tax

Advance income tax collected

Date of deposit of tax in the SBP/

NBP

And Branch Challan No.

Indicate reasons for non-collection if any, i.e., subscriber is (1)Govt.

(2)a Diplomat or

(3)non-taxable or charitable institution

Remarks in case no/ low  tax is deducted (Please specify the details of the recipient, reasons for non/ low deduction of tax with amount paid.

1

2

3

4

5

6

7

8

9

10

 

            I_____________________ do hereby certify that the above statement contains a complete and correct list of persons from whom tax was collected under section 236 of the Income Tax Ordinance, 2001, for the year/quarter ended on _____.

 

Signature_____________________________

Name and designation ___________________

Name of company  _____________________

Address _____________________________

(Seal) _______________________________

Date ________________________________

 


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