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    House No. 333, Link Road, Narrian Abbottabad, Abbottabad Abbottabad Khawar Shahid

    Uploaded by

    Ikram
    - The document is an acknowledgement slip for an income tax return filed by Khawar Shahid for the 2020 tax year. - It reports Mr. Shahid's net assets as 3.6 million PKR and taxable income as 142,000 PKR from business income. - Details are provided on Mr. Shahid's business revenues, expenses, assets, liabilities, and computations of taxable income.

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    Download as PDF, TXT or read online from Scribd

    House No. 333, Link Road, Narrian Abbottabad, Abbottabad Abbottabad Khawar Shahid

    Uploaded by

    Ikram
    21 views4 pages
    - The document is an acknowledgement slip for an income tax return filed by Khawar Shahid for the 2020 tax year. - It reports Mr. Shahid's net assets as 3.6 million PKR and taxable income as 142,000 PKR from business income. - Details are provided on Mr. Shahid's business revenues, expenses, assets, liabilities, and computations of taxable income.

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    2020 Declaration

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    - The document is an acknowledgement slip for an income tax return filed by Khawar Shahid for the 2020 tax year. - It reports Mr. Shahid's net assets as 3.6 million PKR and taxable income as 142,000 PKR from business income. - Details are provided on Mr. Shahid's business revenues, expenses, assets, liabilities, and computations of taxable income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views4 pages

    House No. 333, Link Road, Narrian Abbottabad, Abbottabad Abbottabad Khawar Shahid

    Uploaded by

    Ikram
    - The document is an acknowledgement slip for an income tax return filed by Khawar Shahid for the 2020 tax year. - It reports Mr. Shahid's net assets as 3.6 million PKR and taxable income as 142,000 PKR from business income. - Details are provided on Mr. Shahid's business revenues, expenses, assets, liabilities, and computations of taxable income.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    ACKNOWLEDGEMENT SLIP

    114(1) (Return of Income filed voluntarily for complete year)

    Name: KHAWAR SHAHID Registration 3740566990601


    Address: House No. 333, Link Road, Narrian Abbottabad, Tax Year : 2020
    Abbottabad Abbottabad Period : 01-Jul-2019 - 30-Jun-2020
    Medium : Online
    Contact No: 00923335048164 Due Date : 30-Sep-2020
    Document 16-Sep-2020

    Description Code Amount


    Net Assets Current Year 703001 3,612,139.00
    Taxable Income 9100 142,000.00
    Total Income 9000 142,000.00
    This is not a valid evidence of being a "filer" for the purposes of clauses (23A) and (35C) of sections 2 and 181A.

    Print Date: Thu, 17 Sep 2020 14:56:22 Thu, 17 Sep 2020 14:56:22 +0500 Page 1 of 4
    114(1) (Return of Income filed voluntarily for complete year)

    Name: KHAWAR SHAHID Registration 3740566990601


    Address: House No. 333, Link Road, Narrian Abbottabad, Tax Year : 2020
    Abbottabad Abbottabad Period : 01-Jul-2019 - 30-Jun-2020
    Medium : Online
    Contact No: 00923335048164 Due Date : 30-Sep-2020
    Document 16-Sep-2020

    Manufacturing / Trading Items


    Amount
    Exempt from Amount
    Description Code Total Amount Tax / Subject Subject to
    to Fixed / Normal Tax
    Final Tax
    Income / (Loss) from Business 3000 142,000.00 0.00 142,000.00
    Net Revenue (excluding Sales Tax, Federal Excise,
    3029 550,000.00 0.00 550,000.00
    Brokerage, Commission, Discount, Freight Outward)
    Gross Revenue (excluding Sales Tax, Federal Excise) 3009 550,000.00 0.00 550,000.00
    Cost of Sales / Services 3030 408,000.00 0.00 408,000.00
    Opening Stock 3039 250,000.00 0.00 250,000.00
    Net Purchases (excluding Sales Tax, Federal Excise) 3059 25,000.00 0.00 25,000.00
    Salaries / Wages 3071 140,000.00 0.00 140,000.00
    Fuel 3072 3,000.00 0.00 3,000.00
    Power 3073 40,000.00 0.00 40,000.00
    Stores / Spares 3076 20,000.00 0.00 20,000.00
    Repair / Maintenance 3077 30,000.00 0.00 30,000.00
    Closing Stock 3099 100,000.00 0.00 100,000.00
    Gross Profit / (Loss) 3100 142,000.00 0.00 142,000.00
    Management, Administrative, Selling & Financial Expenses
    Amount
    Exempt from Amount
    Description Code Total Amount Tax / Subject Subject to
    to Fixed / Normal Tax
    Final Tax
    Accounting Profit / (Loss) 3200 142,000.00 0.00 142,000.00
    Inadmissible / Admissible Deductions
    Amount
    Exempt from Amount
    Description Code Total Amount Tax / Subject Subject to
    to Fixed / Normal Tax
    Final Tax
    Tax Amortization for Current Year 3247 0.00 0.00 0.00
    Tax Depreciation / Initial Allowance for Current Year 3248 0.00 0.00 0.00

    Print Date: Thu, 17 Sep 2020 14:56:23 Thu, 17 Sep 2020 14:56:23 +0500 Page 2 of 4
    114(1) (Return of Income filed voluntarily for complete year)

    Name: KHAWAR SHAHID Registration 3740566990601


    Address: House No. 333, Link Road, Narrian Abbottabad, Tax Year : 2020
    Abbottabad Abbottabad Period : 01-Jul-2019 - 30-Jun-2020
    Medium : Online
    Contact No: 00923335048164 Due Date : 30-Sep-2020
    Document 16-Sep-2020

    Adjustments
    Amount
    Exempt from Amount
    Description Code Total Amount Tax / Subject Subject to
    to Fixed / Normal Tax
    Final Tax
    Income / (Loss) from Business before adjustment of
    Admissible Depreciation / Initial Allowance / Amortization 3270 0.00 0.00 142,000.00
    for current / previous years
    Business Assets / Equity / Liabilities
    Description Code Amount
    Total Assets 3349 0.00 0.00
    Other Assets 3348 0.00 0.00
    Total Equity / Liabilities 3399 0.00 0.00
    Capital 3352 0.00 0.00
    Computations
    Amount
    Exempt from Amount
    Description Code Total Amount Tax / Subject Subject to
    to Fixed / Normal Tax
    Final Tax
    Income / (Loss) from Business 3000 142,000.00 0.00 142,000.00
    Total Income 9000 0.00 0.00 142,000.00
    Taxable Income 9100 0.00 0.00 142,000.00

    Personal Expenses
    Description Code Amount
    Personal Expenses 7089 146,545.00 0.00 0.00
    Other Personal / Household Expenses 7087 146,545.00 0.00
    Personal Assets / Liabilities
    Description Code Amount
    Commercial, Industrial, Residential Property (Non-
    7002 2,300,000.00 0.00 0.00
    Business)
    Commercial, Industrial, Residential Property (Non-
    Business) - St-2 Sarban Colony Mirpur 1 Abbottabad -
    Residential
    House 7002 2,300,000.00 0.00 0.00
    5 marla
    St-2 Sarban Colony Mirpur 1 Abbottabad

    Print Date: Thu, 17 Sep 2020 14:56:23 Thu, 17 Sep 2020 14:56:23 +0500 Page 3 of 4
    Personal Assets / Liabilities
    Description Code Amount
    Investment (Non-Business) (Account / Annuity / Bond /
    Certificate / Debenture / Deposit / Fund / Instrument / 7006 45,455.00 0.00 0.00
    Policy / Share / Stock / Unit, etc.)
    Investment (Non-Business) (Account / Annuity / Bond /
    Certificate / Debenture / Deposit / Fund / Instrument /
    Policy / Share / Stock / Unit, etc.) - 1915000202875765 -
    7006 0.00 0.00 0.00
    Account
    Current
    UBL Lambi Dheri Abbottabad
    Investment (Non-Business) (Account / Annuity / Bond /
    Certificate / Debenture / Deposit / Fund / Instrument /
    Policy / Share / Stock / Unit, etc.) - 0020068808100024 -
    7006 45,455.00 0.00 0.00
    Account
    Saving
    Allied Bank
    Cash (Non-Business) 7012 1,266,684.00 0.00
    Total Assets inside Pakistan 7015 3,612,139.00 0.00 0.00
    Total Assets 7019 3,612,139.00 0.00 0.00
    Reconciliation of Net Assets
    Description Code Amount
    Net Assets Current Year 703001 3,612,139.00 0.00 0.00
    Net Assets Previous Year 703002 3,616,684.00 0.00
    Increase / Decrease in Assets 703003 -4,545.00 0.00 0.00
    Inflows 7049 142,000.00 0.00 0.00
    Income Declared as per Return for the year subject to
    7031 142,000.00 0.00
    Normal Tax
    Outflows 7099 146,545.00 0.00 0.00
    Personal Expenses 7089 146,545.00 0.00 0.00
    Unreconciled Amount 703000 0.00 0.00 0.00

    Print Date: Thu, 17 Sep 2020 14:56:23 Thu, 17 Sep 2020 14:56:23 +0500 Page 4 of 4

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