Chapter VIII - Income Tax Rules 2002

RETURNS, EMPLOYER’S CERTIFICATE, WEALTH STATEMENT AND STATEMENT TO BE FILED BY CERTAIN PERSONS

34. Return of income.- (1) This rule shall apply to provide for the furnishing of returns of income.

(2) A return of income as required to be furnished under section 114 shall be in the form specified in:

(a) Part-I (for companies);

(b) Part-II (for non-salaried individuals and association of persons); and

(c) Part-IIIA (for salaried individuals having other sources of income etc., as attachment to employer’s certificate in lieu of return of income);

of the Second Schedule to these rules.

(3) A return of income shall be verified in the manner specified in the form.

(4) A return of income shall be accompanied by the following, namely:-

(a) applicable documents;

(b) statements;

(c) certificates; and

(d) annexes;

as are specified in the annexures to Part-VI of the Second Schedule.”;

35. Employer’s certificate in lieu of return of income.- (1) This rule shall apply to provide for the furnishing of an employer’s certificate in lieu of return of income.

(2) An employer’s certificate in lieu of return of income as required under section 115 shall be in the form specified in Part III of the Second Schedule.

(3) An employer’s certificate in lieu of return of income shall be accompanied by the following, namely:-

(a) applicable documents;

(b) statements;

(c) certificates; and

(d) annexes;

as are specified in the annexures to Part VI of the Second Schedule.

36 Wealth statement.- (1) This rule shall provide for the furnishing of a wealth statement.

(c) accompanied by such documents, statements and certificates as specified in the form, and in the Ordinance, these rules and circulars issued under the Ordinance.

37 Return to be furnished by a non-resident ship owner or charterer.- (1) This rule shall apply for the purposes of sections 143, which provides for the furnishing of returns by non-resident ship owners or charterers.

(2) A return required to be furnished under section 143 shall be in the following form, namely:-

Name of ship

Name of owner/

Charter

Dates of arrival/departure.

Receipts for freight and passenger, cargo livestock etc. embarked from Pakistan.

Total freight earned for goods, services passengers embarked outside Pakistan

Total in respect freight received in Pakistan embarked outside Pakistan (whether covered by the tax treaty.

Please specify).

Tax amount on earnings as Col:6.

Remarks whether containers charges and other charges separately shown in the Normal Return of income. If received by the agent or assigned to other

Person, in that case rent/lease or assignment charges.

Challan No date of payment

Remarks

(3) A return required to be furnished under section 143 shall be accompanied by such documents, statements and certificates as specified in the form, and in the Ordinance, these rules and circulars issued under the Ordinance.

(4) A return required to be furnished under section 143 may be furnished by any of the methods specified in rules 73 and 74.

38 Return to be furnished by a non-resident aircraft owner or chartered.- (1) This rule shall apply for the purposes of sections 144, which provides for the furnishing of quarterly returns by non-resident aircraft owners or chatterers.

(2) A return required to be furnished under section 144 shall be in the following form, namely:-

Name of

Air-craft

Name of owner/

Charter

Dates of arrival.

Quarterly receipts for freight and passenger, cargo livestock etc. embarked from Pakistan.

Total freight earned for goods, services passengers embarked outside Pakistan

Total in respect freight received in Pakistan embarked outside Pakistan (whether covered by the tax treaty.

Please specify.

Tax amount on earnings as Col:6.

Remarks whether containers charges and other charges separately shown in the Normal Return of income if received by the agent or assigned to other

Person, in that case rent/lease or assignment charges.

Challan No.&

Date

of pay-ment

(3) A return required to be furnished under section 144 shall be accompanied by such documents, statements and certificates as specified in the form, and in the Ordinance, these rules and circulars issued under the Ordinance.

(4) A return required to be furnished under section 144 may be furnished in any of the methods specified in rules 73 and 74.

39 Statement in lieu of Return of income.- (1) Where in lieu of Return of income statement is required to be filed namely incomes covered by sections 5,6 and 7 or where tax deduction is to be taken as a final discharge of tax liability u/s 169 a statement in the prescribed form shall be filed as prescribed in Part VI of the Second Schedule to the Rules.

(2) Where a taxpayer has income from a source which does not form part of total income and also income under any head of income given in section 11 (except salary), Return is specifically required to be filed on a prescribed statement as well as shall be filed.