FBR Amends Annexure-D to the tax return form for the Tax Year 2011.
The Federal Board of Revenue has issued here today Circular No. 18 of 2011 (Income Tax), regarding amendments in Annexure-D to the Tax Return Form for the Tax Year 2011. The Circular states that after consultation with the FPCCI , chambers of commerce/trade bodies and tax bars of the country, the following changes are made in Annex-D to the tax return form for the tax year, 2011:- i. Breakup of "Education of children/spouse/self' is made optional, which can be included in Sr-9. ii. Breakup of "Travelling (foreign and local)" is made optional, which can be included in Sr-9. iii. "Motor vehicle in use (whether owned or not) running and maintenance including lease rental and insurance" is simplified as, “Running and maintenance expenses of Motor vehicle(s)” iv. A new line has been provided to write the Contribution by family members"
Nov 04, 2011