Income Tax Return:

Bank statements with the summary of incoming /outgoings.

o List of assets in own’s/spouse’s name as at June 30, 2020
o Proof of deduction/withholding tax and challans.
o Employer’s certificate of deduction. (In case of salaried individual).
o Electricity consumer no wise summary of WHT deduction.
o Telephone number wise summary of WHT deduction.
o Tax deduction certificate from the Mobile phone Company.
o Bank-wise, A/c Wise and branch wise summary of WHT deduction on cash withdrawal. o
Details of Investments made/disposed of (for e.g. SSC, DSC) along with returns on such
Investments and interest/tax deduction evidence.
o Details of shares invested during the Year (July 2019– June 2020) and disposals made during
the year (along with the date of purchase) and capital gains on the sale of shares.
o Dividend Income with Dividend Warrants along with summary and statement.
o Prize bond winnings.
o Rent income and evidence of tax deduction thereon.
o Brokerage and Commission Income.

§ Further Following Details will also require for Filing of Return.

- Summary of expenses incurred (paid) for residential utility i.e. electricity, gas, water, and
telephone charges for the year July 2019 to June 2020-duly signed & supported by photocopies
of electricity and telephone bills.
- Rent expense.
- Educational expenses of children.
- Travelling Expenses.
- Gift is given/receipt including foreign remittances with Form ‘R’ / PRC’s
- Additions/deletion in wealth/assets.
- Date of Acquisition of Property (Plot/House/Shop)
- Date of Commencement of Business.
- Date of Opening of Bank Account
- Credit Card statements of Entire Year.
- Expenses summary in the following form; enclosed

o Default in filing of Returns by due date may cause penalty u/s 182 (1) amounting to PKR
40,000/-.

GW & Co. (www.gwc.com.pk) Tel: +92-0300-8860990 Email: info@gwc.com.pk