Kahuta, District Kahuta, Pakistan Muhammad Mohsin Razzaq: Mon, 7 Dec 2020 21:17:28 +0500
Kahuta, District Kahuta, Pakistan Muhammad Mohsin Razzaq: Mon, 7 Dec 2020 21:17:28 +0500
Kahuta, District Kahuta, Pakistan Muhammad Mohsin Razzaq: Mon, 7 Dec 2020 21:17:28 +0500
114(1) (Return of Income for a person deriving income only from salary and other sources
eligible to file salary return)
Document 07-Dec-2020
Print Date: Mon, 7 Dec 2020 21:17:28 Mon, 7 Dec 2020 21:17:28 +0500 Page 1 of 3
114(1) (Return of Income for a person deriving income only from salary and other sources
eligible to file salary return)
Document 07-Dec-2020
Salary
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Income from Salary 1000 1,001,031 0 1,001,031
Pay, Wages or Other Remuneration (including Arrears of
1009 1,001,031 0 1,001,031
Salary)
Tax Reductions
Tax
Description Code Total Amount Tax Reducted
Chargeable
Tax Reduction on Tax Charged on Behbood Certificates
930101 0 0 0
/ Pensioner's Benefit Account in excess of applicable rate
Adjustable Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Adjustable Tax 640000 0 20,052 0
Salary of Employees u/s 149 64020004 0 20,052
Computations
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Income from Salary 1000 1,001,031 0 1,001,031
Total Income 9000 0 0 1,001,031
Taxable Income 9100 0 0 1,001,031
Tax Chargeable 9200 0 0 20,052
Normal Income Tax 920000 0 0 20,052
Withholding Income Tax 9201 0 20,052
Personal Expenses
Description Code Amount
Personal Expenses 7089 616,031 0 0
Rates / Taxes / Charge / Cess 7052 20,052 0
Telephone 7061 30,000 0
Medical 7070 10,000 0
Functions / Gatherings 7073 150,000 0
Print Date: Mon, 7 Dec 2020 21:17:29 Mon, 7 Dec 2020 21:17:29 +0500 Page 2 of 3
Personal Expenses
Description Code Amount
Other Personal / Household Expenses 7087 405,979 0
Personal Assets / Liabilities
Description Code Amount
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument / 7006 1,125,000 0 0
Policy / Share / Stock / Unit, etc.)
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
Policy / Share / Stock / Unit, etc.) - 000341032001861 -
7006 600,000 0 0
Account
Current
Askari Bank PWD
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
Policy / Share / Stock / Unit, etc.) - 700 - Bonds 7006 525,000 0 0
Saving
SBP
Personal Item 7011 30,000 0
Any Other Asset 7013 470,000 0 0
Any Other Asset - GP Fund 7013 470,000 0 0
Total Assets inside Pakistan 7015 1,625,000 0 0
Total Assets 7019 1,625,000 0 0
Reconciliation of Net Assets
Description Code Amount
Net Assets Current Year 703001 1,625,000 0 0
Net Assets Previous Year 703002 1,240,000 0
Increase / Decrease in Assets 703003 385,000 0 0
Inflows 7049 1,001,031 0 0
Income Declared as per Return for the year subject to
7031 1,001,031 0
Normal Tax
Outflows 7099 616,031 0 0
Personal Expenses 7089 616,031 0 0
Unreconciled Amount 703000 0 0 0
Print Date: Mon, 7 Dec 2020 21:17:29 Mon, 7 Dec 2020 21:17:29 +0500 Page 3 of 3