ACKNOWLEDGEMENT SLIP

114(4) (Return of Income filed on notice for complete year)

Name: ARSALAN AKKIL Registration 4210112756841

Address: HOUSE NO L - 1311, SECTOR 5-B/3, NORTH Tax Year : 2020
KARACHI, Karachi Central North Karachi Town Period : 01-Jul-2019 - 30-Jun-2020
Medium : Online
Contact No: 00923452432089 Due Date : 30-Sep-2020

Document 30-Dec-2020

Description Code Amount

Net Assets Current Year 703001 545,333
Tax Chargeable 9200 37,325
Taxable Income 9100 466,566
Total Income 9000 466,566
This is not a valid evidence of being a "filer" for the purposes of clauses (23A) and (35C) of sections 2 and 181A.

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 114(4) (Return of Income filed on notice for complete year)

Name: ARSALAN AKKIL Registration 4210112756841

Address: HOUSE NO L - 1311, SECTOR 5-B/3, NORTH Tax Year : 2020
KARACHI, Karachi Central North Karachi Town Period : 01-Jul-2019 - 30-Jun-2020
Medium : Online
Contact No: 00923452432089 Due Date : 30-Sep-2020

Document 30-Dec-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 466,566 0 466,566
Net Revenue (excluding Sales Tax, Federal Excise,
3029 0 0 0
Brokerage, Commission, Discount, Freight Outward)
Gross Revenue (excluding Sales Tax, Federal Excise) 3009 0 0 0
Selling Expenses (Freight Outward, Brokerage,
3019 0 0 0
Commission, Discount, etc.)
Cost of Sales / Services 3030 0 0 0
Opening Stock 3039 0 0 0
Net Purchases (excluding Sales Tax, Federal Excise) 3059 0 0 0
Salaries / Wages 3071 0 0 0
Fuel 3072 0 0 0
Power 3073 0 0 0
Gas 3074 0 0 0
Stores / Spares 3076 0 0 0
Repair / Maintenance 3077 0 0 0
Other Direct Expenses 3083 0 0 0
Accounting Amortization 3087 0 0 0
Accounting Depreciation 3088 0 0 0
Closing Stock 3099 0 0 0
Gross Profit / (Loss) 3100 0 0 0
Other Revenues
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Other Revenues 3129 466,566 0 466,566
Others 3128 466,566 0 466,566

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 114(4) (Return of Income filed on notice for complete year)

Name: ARSALAN AKKIL Registration 4210112756841

Address: HOUSE NO L - 1311, SECTOR 5-B/3, NORTH Tax Year : 2020
KARACHI, Karachi Central North Karachi Town Period : 01-Jul-2019 - 30-Jun-2020
Medium : Online
Contact No: 00923452432089 Due Date : 30-Sep-2020

Document 30-Dec-2020

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 466,566 0 466,566
Inadmissible / Admissible Deductions
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Inadmissible Deductions 3239 0 0 0
Add Backs Accounting Amortization 3237 0 0 0
Add Backs Accounting Depreciation 3238 0 0 0
Tax Amortization for Current Year 3247 0 0 0
Tax Depreciation / Initial Allowance for Current Year 3248 0 0 0
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 0 466,566
for current / previous years
Business Assets / Equity / Liabilities
Description Code Amount
Total Assets 3349 0 0
Land 3301 0 0
Building (all types) 3302 0 0
Plant / Machinery / Equipment / Furniture (including
3303 0 0
fittings)
Advances / Deposits / Prepayments 3312 0 0
Stocks / Stores / Spares 3315 0 0
Cash / Cash Equivalents 3319 0 0
Other Assets 3348 0 0
Total Equity / Liabilities 3399 0 0

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 114(4) (Return of Income filed on notice for complete year)

Name: ARSALAN AKKIL Registration 4210112756841

Address: HOUSE NO L - 1311, SECTOR 5-B/3, NORTH Tax Year : 2020
KARACHI, Karachi Central North Karachi Town Period : 01-Jul-2019 - 30-Jun-2020
Medium : Online
Contact No: 00923452432089 Due Date : 30-Sep-2020

Document 30-Dec-2020

Business Assets / Equity / Liabilities

Description Code Amount
Capital 3352 0 0
Long Term Borrowings / Debt / Loan 3371 0 0
Trade Creditors / Payables 3384 0 0
Other Liabilities 3398 0 0
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
Final / Fixed / Minimum / Average / Relevant / Reduced Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Final / Fixed / Minimum / Average / Relevant / Reduced
640001 466,566 37,325 37,325
Tax
Brokerage / Commission u/s 233 @8% 64120066 466,566 37,325 37,325
Capital Gains on Immovable Property u/s 37(1A) 64220050 0 0
Computations
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Income / (Loss) from Business 3000 466,566 0 466,566
Total Income 9000 0 0 466,566
Taxable Income 9100 0 0 466,566
Tax Chargeable 9200 0 0 37,325
Normal Income Tax 920000 0 0 3,328
Difference of Minimum Tax Chargeable 923201 0 0 33,997
Withholding Income Tax 9201 0 37,325
Depreciation
Addition Exte Exte Initial
WDV Addition Deprecia
Description Code Deletion (Used in nt of nt of Allowanc WDV (CF)
(BF) (New) tion
Pakistan) Use Use e
Building (all types) 3302 0 0 0 0 0 0 0 0 0

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 114(4) (Return of Income filed on notice for complete year)

Name: ARSALAN AKKIL Registration 4210112756841

Address: HOUSE NO L - 1311, SECTOR 5-B/3, NORTH Tax Year : 2020
KARACHI, Karachi Central North Karachi Town Period : 01-Jul-2019 - 30-Jun-2020
Medium : Online
Contact No: 00923452432089 Due Date : 30-Sep-2020

Document 30-Dec-2020

Minimum Tax Chargeable

Difference
Tax
Tax on of
Collected Tax Attributab
Receipts / Attributab Minimum
Description Code / Chargeabl le Taxable
Value le Taxable Tax
Deducted e Income
Income Chargeabl
/ Paid
e
Brokerage / Commission u/s 233 641200
466,566 37,325 37,325 466,566 3,328 33,997
@8% 66
Option out of
Tax Tax on Difference
Tax Attributabl
Receipts / Collected / Attributabl (Option
Description Code Chargeabl e Taxable
Value Deducted / e Taxable Valid if
e Income
Paid Income <=0)
Brokerage / Commission u/s 641200
466,566 37,325 37,325 466,566 3,328 33,997
233 @8% 66

Personal Expenses
Description Code Amount
Personal Expenses 7089 334,876 0 0
Other Personal / Household Expenses 7087 334,876 0
Personal Assets / Liabilities
Description Code Amount
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument / 7006 200,333 0 0
Policy / Share / Stock / Unit, etc.)
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
Policy / Share / Stock / Unit, etc.) - 0350001063 - 1.
7006 0 0 0
Account
2. Current
3. Askari Bank
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
Policy / Share / Stock / Unit, etc.) - 0431552091000431 - 1.
7006 200,333 0 0
Account
2. Current
3. MCB Bank
Motor Vehicle (Non-Business) 7008 45,000 0 0
Motor Vehicle (Non-Business) - KHW-1887 - 1. Private
2. Union Star 7008 45,000 0 0
3. 2015
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Personal Assets / Liabilities
Description Code Amount
Cash (Non-Business) 7012 300,000 0
Total Assets inside Pakistan 7015 545,333 0 0
Total Assets 7019 545,333 0 0
Reconciliation of Net Assets
Description Code Amount
Net Assets Current Year 703001 545,333 0 0
Net Assets Previous Year 703002 413,643 0
Increase / Decrease in Assets 703003 131,690 0 0
Inflows 7049 466,566 0 0
Income Declared as per Return for the year subject to
7031 466,566 0
Normal Tax
Outflows 7099 334,876 0 0
Personal Expenses 7089 334,876 0 0
Unreconciled Amount 703000 0 0 0

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