0% found this document useful (1 vote)
194 views5 pages

114 (1) (Return of Income For A Person Deriving Income Only From Salary and Other Sources Eligible To File Salary Return) - 2023

This document is an acknowledgement slip for Ijaz Hussain's income tax return for the 2023 tax year. It summarizes his income sources, deductions, tax calculations, and assets. His total income was Rs. 2,798,434 consisting solely of salary. He received tax reductions of Rs. 61,172. His tax chargeable amount was Rs. 183,515.

Uploaded by

Dr Hussain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (1 vote)
194 views5 pages

114 (1) (Return of Income For A Person Deriving Income Only From Salary and Other Sources Eligible To File Salary Return) - 2023

This document is an acknowledgement slip for Ijaz Hussain's income tax return for the 2023 tax year. It summarizes his income sources, deductions, tax calculations, and assets. His total income was Rs. 2,798,434 consisting solely of salary. He received tax reductions of Rs. 61,172. His tax chargeable amount was Rs. 183,515.

Uploaded by

Dr Hussain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

ACKNOWLEDGEMENT SLIP

114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file salary
return)

Name: IJAZ HUSSAIN Registration No 3740597568945


Address: 373 15 1 Tax Year : 2023
Period : 01-Jul-2022 - 30-Jun-2023
Medium :
Contact No: 00923215092657 Due Date : 30-Sep-2023

Description Code Amount


Net Assets Current Year 703001 4,262,744
Refundable Income Tax 9210 2,768
Tax Chargeable 9200 183,515
Taxable Income 9100 2,798,434
Total Income 9000 2,798,434
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: Sat, 23 Sep 2023 17:02:15 Sat, 23 Sep 2023 17:02:15 +0500 Page 1 of 5
114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file salary
return)

Name: IJAZ HUSSAIN Registration No 3740597568945


Address: 373 15 1 Tax Year : 2023
Period : 01-Jul-2022 - 30-Jun-2023
Medium :
Contact No: 00923215092657 Due Date : 30-Sep-2023

Salary
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Income from Salary 1000 2,798,434 0 2,798,434
Pay, Wages or Other Remuneration (including Arrears of
1009 1,718,070 0 1,718,070
Salary)
Allowances (including Flying / Submarine Allowance) 1049 1,080,364 0 1,080,364
Tax Reductions
Tax
Description Code Total Amount Tax Reducted
Chargeable
Tax Reductions 9309 0 0 61,172
Tax Reduction for Full Time Teacher / Researcher
(Except teachers of medical professions who derive 9302 0 0 61,172
income from private medical practice)
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 30,873 186,283 4,631
Salary of Employees u/s 149 64020004 0 179,583 0
Profit on Debt u/s 151 @ 15% 64040005 0 2,565 0
Cellphone Bill u/s 236(1)(a) 64150002 30,872.64 4,134.83 4,631
Cellphone Bill u/s 236(1)(a) - 03335947596 - Ufone 64150002 5,198.72 782.75 780
Cellphone Bill u/s 236(1)(a) - 03215092657 - Zong-Phone 64150002 500 65.2 75
Cellphone Bill u/s 236(1)(a) - 03174673295 - Zong-MBB
64150002 25,000 3,260.8 3,750
SIM
Cellphone Bill u/s 236(1)(a) - 03215074741 - Warid-Jazz 64150002 173.92 26.08 26
Capital Assets
Cost /
Fair Market
Description Code Declared
Value
Value

Print Date: Sat, 23 Sep 2023 17:02:15 Sat, 23 Sep 2023 17:02:15 +0500 Page 2 of 5
114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file salary
return)

Name: IJAZ HUSSAIN Registration No 3740597568945


Address: 373 15 1 Tax Year : 2023
Period : 01-Jul-2022 - 30-Jun-2023
Medium :
Contact No: 00923215092657 Due Date : 30-Sep-2023

Capital Assets
Cost /
Fair Market
Description Code Declared
Value
Value
Total value of capital assets taxable under section 7E 7107 0 0 0
Final / Fixed / Minimum / Average / Relevant / Reduced Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Final / Fixed / Minimum / Average / Relevant / Reduced
640001 0 0 0
Tax
Capital Gains on Immovable Property u/s 37(1A) where
64220059 0 0
holding period exceeds 1 year but does not exceed 2 years
Capital Gains on Immovable Property u/s 37(1A) where
holding period exceeds 2 years but does not exceed 3 64330058 0 0
years
Capital Gains on Immovable Property u/s 37(1A) where
holding period exceeds 3 years but does not exceed 4 64330059 0 0
years
Capital Gains on Immovable Property u/s 37(1A) where
holding period exceeds 5 years but does not exceed 6 64330064 0 0
years
Capital Gains on Immovable Property u/s 37(1A) where
64330065 0 0
holding period exceeds 6 years
Computations
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Income from Salary 1000 2,798,434 0 2,798,434
Total Income 9000 0 0 2,798,434
Taxable Income 9100 0 0 2,798,434
Tax Chargeable 9200 0 0 183,515
Normal Income Tax 920000 0 0 244,687
Tax Reductions 9309 0 0 61,172
Refund Adjustment of Other Year(s) against Demand of
92101 0 0 0
this Year

Print Date: Sat, 23 Sep 2023 17:02:15 Sat, 23 Sep 2023 17:02:15 +0500 Page 3 of 5
114(1) (Return of Income for a person deriving income only from salary and other sources eligible to file salary
return)

Name: IJAZ HUSSAIN Registration No 3740597568945


Address: 373 15 1 Tax Year : 2023
Period : 01-Jul-2022 - 30-Jun-2023
Medium :
Contact No: 00923215092657 Due Date : 30-Sep-2023

Computations
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Withholding Income Tax 9201 0 186,283
Refundable Income Tax 9210 0 0 2,768

Personal Expenses
Description Code Amount
Personal Expenses 7089 2,278,259 0 0
Vehicle Running / Maintenence 7055 365,648 0
Travelling 7056 123,438 0
Electricity 7058 120,543 0
Water 7059 132,000 0
Gas 7060 72,000 0
Telephone 7061 33,212 0
Medical 7070 96,000 0
Educational 7071 252,418 0
Other Personal / Household Expenses 7087 1,083,000 0
Personal Assets / Liabilities
Description Code Amount
Commercial, Industrial, Residential Property (Non-
7002 5,500,000 0 0
Business)
Commercial, Industrial, Residential Property (Non-
Business) - H # 12, Street 203, Jinnah Garden Islamabad -
Residential 7002 5,500,000 0 0
7 Marla

Motor Vehicle (Non-Business) 7008 600,000 0 0


Motor Vehicle (Non-Business) - UJ236 - Private, Mitsubishi
7008 600,000 0 0
EK Wagon 2013
Household Effect 7010 156,000 0

Print Date: Sat, 23 Sep 2023 17:02:15 Sat, 23 Sep 2023 17:02:15 +0500 Page 4 of 5
Personal Assets / Liabilities
Description Code Amount
Personal Item 7011 175,000 0
Cash (Non-Business) 7012 806,743.52 0
Total Assets inside Pakistan 7015 7,237,744 0 0
Total Assets 7019 7,237,744 0 0
Credit (Non-Business) (Advance / Borrowing / Credit /
7021 2,975,000 0 0
Deposit / Loan / Mortgage / Overdraft / Payable)
Credit (Non-Business) (Advance / Borrowing / Credit /
Deposit / Loan / Mortgage / Overdraft / Payable) - 34201- 7021 2,140,000 0 0
0163026-3 - Dr Riaz
Credit (Non-Business) (Advance / Borrowing / Credit /
Deposit / Loan / Mortgage / Overdraft / Payable) - GPF 7021 135,000 0 0
Advance - PAEC
Credit (Non-Business) (Advance / Borrowing / Credit /
Deposit / Loan / Mortgage / Overdraft / Payable) - 7021 700,000 0 0
07020010001172570037 - Ch Ali Asad
Total Liabilities 7029 2,975,000 0 0
Net Assets Current Year 703001 4,262,744 0 0
Reconciliation of Net Assets
Description Code Amount
Net Assets Current Year 703001 4,262,744 0 0
Net Assets Previous Year 703002 3,086,121 0
Increase / Decrease in Assets 703003 1,176,623 0 0
Inflows 7049 3,454,882 0 0
Income Declared as per Return for the year subject to
7031 2,798,434 0
Normal Tax
Income Declared as per Return for the year Exempt from
7032 656,448 0
Tax
Outflows 7099 2,278,259 0 0
Personal Expenses 7089 2,278,259 0 0
Unreconciled Amount 703000 0 0 0

Print Date: Sat, 23 Sep 2023 17:02:15 Sat, 23 Sep 2023 17:02:15 +0500 Page 5 of 5

You might also like