"\u003chtml xmlns:o=\"urn:schemas-microsoft-com:office:office\"\r\nxmlns:w=\"urn:schemas-microsoft-com:office:word\"\r\nxmlns=\"http://www.w3.org/TR/REC-html40\"\u003e\r\n\r\n\u003chead\u003e\r\n\u003cmeta http-equiv=Content-Type content=\"text/html; charset=windows-1252\"\u003e\r\n\u003cmeta name=ProgId content=Word.Document\u003e\r\n\u003cmeta name=Generator content=\"Microsoft Word 11\"\u003e\r\n\u003cmeta name=Originator content=\"Microsoft Word 11\"\u003e\r\n\u003clink rel=File-List href=\"2011J59_files/filelist.xml\"\u003e\r\n\u003ctitle\u003eOBJECTIONS/SUGGESTIONS IN TAX RETURNS, 2011\u003c/title\u003e\r\n\u003c!--[if gte mso 9]\u003e\u003cxml\u003e\r\n \u003co:DocumentProperties\u003e\r\n  \u003co:Author\u003eOratier\u003c/o:Author\u003e\r\n  \u003co:Template\u003eNormal\u003c/o:Template\u003e\r\n  \u003co:LastAuthor\u003eOratier\u003c/o:LastAuthor\u003e\r\n  \u003co:Revision\u003e2\u003c/o:Revision\u003e\r\n  \u003co:TotalTime\u003e0\u003c/o:TotalTime\u003e\r\n  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Section1\r\n\t{size:8.5in 11.0in;\r\n\tmargin:1.0in 1.25in 1.0in 1.25in;\r\n\tmso-header-margin:.5in;\r\n\tmso-footer-margin:.5in;\r\n\tmso-paper-source:0;}\r\ndiv.Section1\r\n\t{page:Section1;}\r\n--\u003e\r\n\u003c/style\u003e\r\n\u003c!--[if gte mso 10]\u003e\r\n\u003cstyle\u003e\r\n /* Style Definitions */\r\n table.MsoNormalTable\r\n\t{mso-style-name:\"Table Normal\";\r\n\tmso-tstyle-rowband-size:0;\r\n\tmso-tstyle-colband-size:0;\r\n\tmso-style-noshow:yes;\r\n\tmso-style-parent:\"\";\r\n\tmso-padding-alt:0in 5.4pt 0in 5.4pt;\r\n\tmso-para-margin:0in;\r\n\tmso-para-margin-bottom:.0001pt;\r\n\tmso-pagination:widow-orphan;\r\n\tfont-size:10.0pt;\r\n\tfont-family:\"Times New Roman\";\r\n\tmso-ansi-language:#0400;\r\n\tmso-fareast-language:#0400;\r\n\tmso-bidi-language:#0400;}\r\n\u003c/style\u003e\r\n\u003c![endif]--\u003e\r\n\u003c/head\u003e\r\n\r\n\u003cbody lang=EN-US style=\u0027tab-interval:.5in;text-justify-trim:punctuation\u0027\u003e\r\n\r\n\u003cdiv class=Section1\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003eOBJECTIONS/SUGGESTIONS IN TAX RETURNS, 2011\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e[S.R.O. 850(I)/2011]\u003co:p\u003e\u003c/o:p\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003eBy\u003co:p\u003e\u003c/o:p\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cspan style=\u0027letter-spacing:\r\n-.1pt\u0027\u003eWaheed Shahzad Butt,\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal align=center style=\u0027text-align:center;mso-pagination:none;\r\nmso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003eAdvocate, Lahore\u003co:p\u003e\u003c/o:p\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.05pt\u0027\u003eCertain amendments\r\nin the Income Tax Rules, 2002 have been announced under Notification S.R.O.\r\n850(1)/2011 dated September 17, \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.15pt\u0027\u003e2011\r\nwherein proposed income tax return forms for Companies (IT-1) and for\r\nIndividual/AOP (IT-2) for Tax Year 2011 have been published \u003c/span\u003efor the\r\ninformation of all persons likely to be affected. There are certain \u003cspan\r\nstyle=\u0027letter-spacing:-.15pt\u0027\u003eissues in the proposed tax returns which needs\r\nclarification/modification/ \u003c/span\u003e\u003cspan style=\u0027letter-spacing:-.1pt\u0027\u003ealteration,\r\ntherefore, following objections/suggestions are forwarded for \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003enecessary action at your end:--\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cu\u003eCOMMON ISSUE IT-1 \u0026amp; IT-2 [Levy of 15%\r\nSurcharge] \u003co:p\u003e\u003c/o:p\u003e\u003c/u\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.4pt\u0027\u003e1. In the portion of Tax Computation, proposal to compute the \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003e15% Surcharge on proportionate basis against\r\nproportionate net income tax chargeable for 3-1/2 months proportionate income\r\nis \u003c/span\u003eapparently a mistake of law.\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.05pt\u0027\u003e2. The levy of surcharge in the proposed tax returns is contrary to \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.5pt\u0027\u003ethe clear wording of the law. Income Tax\r\n(Amendment) \u003c/span\u003eOrdinance, 2011 inserted a new section 4A in the Income Tax \u003cspan\r\nstyle=\u0027letter-spacing:-.1pt\u0027\u003eOrdinance, 2001 on March 15, 2011. The law\r\ncategorically says \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.2pt\u0027\u003ethat it is to be\r\npaid @15% of the income tax payable for the \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003eperiod commencing from the promulgation of this Ordinance, till \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:-.2pt\u0027\u003ethe 30th June 2011, relevant text of newly\r\ninserted section 4A is \u003c/span\u003ereproduced:-\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.25pt\u0027\u003e\u0026quot;4A. Surcharge.---(1) Subject to this Ordinance, a surcharge \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003eshall be payable by every taxpayer at the rate of\r\nfifteen percent \u003c/span\u003e\u003cspan style=\u0027letter-spacing:-.15pt\u0027\u003eof the income tax\r\npayable under this Ordinance including the tax \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.1pt\u0027\u003epayable under Part V of Chapter X or Chapter XII, as the case \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:-.05pt\u0027\u003emay be, \u003cu\u003efor the period commencing from the\r\npromulgation of \u003c/u\u003e\u003c/span\u003e\u003cu\u003e\u003cspan style=\u0027letter-spacing:.05pt\u0027\u003ethis\r\nOrdinance, till the 30th June, 2011\u003c/span\u003e\u003c/u\u003e\u003cspan style=\u0027letter-spacing:.05pt\u0027\u003e\u0026quot;.\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.05pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003e3. There are certain categories of taxpayers whose income year is \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.05pt\u0027\u003eclearly out of the domain of section 4A of the\r\nIncome Tax year is clearly Out of the domain of section 4A of the Income Tax\r\nOrdinance, 2001 while they are legally obliged to submit the \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.5pt\u0027\u003eincome tax return drafted for the Tax Year 2011.\r\nThese \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.05pt\u0027\u003etaxpayers includes banking\r\ncompanies, insurance companies, \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.3pt\u0027\u003emultinationals\r\nand PE of Non-Residents which close their \u003c/span\u003eaccounts on December 31, 2010\r\nor Sugar industries which close \u003cspan style=\u0027letter-spacing:.3pt\u0027\u003ethere\r\naccounts on September 30, 2010, while law categorically \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003esays that it is to be paid @15% of the income tax\r\npayable for the \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.45pt\u0027\u003eperiod commencing\r\nfrom the promulgation of this Ordinance \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.1pt\u0027\u003ei.e., 15 March 2011, till the 30th day of June 2011. The straight \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.45pt\u0027\u003eworking on proportionate basis of 3-1/2 months\r\nincome tax \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003echargeable is contrary to\r\nthe provision of the law.\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.7pt\u0027\u003e4. Earlier Federal Board of Revenue (FBR) has also said that \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.35pt\u0027\u003eimposition of 15% surcharge on the amount of\r\npayable income \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.75pt\u0027\u003etax for the period\r\n15th March, 2011 to 30th June, 2011 is \u003c/span\u003e\u003cspan style=\u0027letter-spacing:1.1pt\u0027\u003eapplicable\r\non all income of taxpayers whether individual, \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.35pt\u0027\u003eAssociation of Persons (AOPs), or Companies. In an official \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.3pt\u0027\u003estatement released on FBR website it says: \u0026quot;In\r\norder to remove \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.5pt\u0027\u003eany misconception\r\nwhich may have been caused by a press report appearing in a section of the\r\nmedia, the government \u003c/span\u003ewishes to clarify that the imposition of 15%\r\nsurcharge on\u003cspan style=\u0027mso-spacerun:yes\u0027\u003e  \u003c/span\u003ethe \u003cspan style=\u0027letter-spacing:\r\n.15pt\u0027\u003eamount of payable income tax for the period 15th March,\u003cspan\r\nstyle=\u0027mso-spacerun:yes\u0027\u003e  \u003c/span\u003e\u003c/span\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003e2011\r\nto 30th June, 2011 is applicable on all income tax \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:-.2pt\u0027\u003epayers whether individual, Association of Persons\r\n(AOPs), or\u003cspan style=\u0027mso-spacerun:yes\u0027\u003e  \u003c/span\u003e\u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003eCompanies. It is an across-the-board surcharge,\r\nlevied without \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.75pt\u0027\u003eexception or\r\ndiscrimination, on all categories of income \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.15pt\u0027\u003etaxpayers. As such, the promulgated law does not envisage any \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.25pt\u0027\u003eexemption or special treatment to any category of\r\ntaxpayers.\u0026quot;\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e5. \u003cspan style=\u0027letter-spacing:\r\n.95pt\u0027\u003eIt will not be out of place to mention that while issuing\r\n\u0026quot;Procedure for Payment of 15% Surcharge on Payable \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.45pt\u0027\u003eIncome Tax\u0026quot;, FBR specifically clarified the\r\nmode of payment \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003eof surcharge in the\r\nfollowing manner:-\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;text-indent:.5in;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cspan style=\u0027letter-spacing:\r\n.95pt\u0027\u003ePara 3: APPLICATION OF 15% Surcharge on payable \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.4pt\u0027\u003eincome tax\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;text-indent:.5in;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cu\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.3pt\u0027\u003ea) Salaried Persons - Deduction under section 149\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/u\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.3pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.15pt\u0027\u003eThe employers will deduct the 15% surcharge on the income tax \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.2pt\u0027\u003epayable on portion of the salary pertaining to the\r\nperiod starting from 15th March 2011 to 30th June 2011.\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.2pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;text-indent:.5in;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cu\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.4pt\u0027\u003eb) Other Withholding Tax \u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/u\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.2pt\u0027\u003eAll withholding agents will deduct 15% surcharge on the income \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.4pt\u0027\u003etax payable on payments from 15th March 2011 to\r\n30th June \u003c/span\u003e2011.\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;text-indent:.5in;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cb\u003e\u003cu\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.3pt\u0027\u003ec) Advance Tax Payment under section 147\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/u\u003e\u003c/b\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.3pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;text-indent:.5in;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.35pt\u0027\u003eThe tax under section 147 due from 15th March 2011 to 30th \u003c/span\u003eJune,\r\n2011. \u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.35pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.6pt\u0027\u003e6. Under the circumstances mentioned supra, it is requested to \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.25pt\u0027\u003ekindly clarify the following queries before\r\ninserting column for \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003elevy and\r\ncollection of Surcharge in the proposed income tax \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003ereturns for Tax Year 2011:-\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003e(i) When the law was promulgated on 15/3/2011 how it can be \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.1pt\u0027\u003eapplied for the period prior to its promulgation?\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.1pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n-.05pt\u0027\u003e(ii) How surcharge can be levied on the income which belongs to \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.55pt\u0027\u003ethe period, prior to the promulgation of the\r\nIncome Tax \u003c/span\u003e(Amendment) Ordinance 2011?\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.2pt\u0027\u003e(iii) When language of law clearly says that it is to be paid @15% of the\r\nincome tax payable for the period commencing \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.25pt\u0027\u003efrom the promulgation of this Ordinance i.e., \u0026quot;15/3/2011\u0026quot; till\r\n\u003c/span\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003ethe 30/6/2011, how, it could be\r\ncharged and collected on pro-\u003c/span\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003erata\r\nbasis against proportionate income of 3-1/2 months?\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.15pt\u0027\u003e(iv) In case if any taxpayer does not earn any income during the \u003c/span\u003eperiod\r\nfrom 15/3/2011 to 30/6/2011 and there is no business \u003cspan style=\u0027letter-spacing:\r\n.3pt\u0027\u003etransactions/activity during such period, duly proved from the \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.45pt\u0027\u003ebooks of accounts, why he would pay 15% surcharge\r\nunder \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.2pt\u0027\u003esection 4A on proportionate\r\nbasis?\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.2pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027margin-left:.5in;text-align:justify;mso-pagination:\r\nnone;mso-layout-grid-align:none;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:\r\n.15pt\u0027\u003e(v) When earlier clarifications issued by the FBR on the issue of \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.35pt\u0027\u003elevy and collection of Surcharge are very much\r\nclear (except \u003c/span\u003e\u003cspan style=\u0027letter-spacing:1.25pt\u0027\u003ecircular 11 of 2011)\r\nthen how scope of Income Tax \u003c/span\u003e\u003cspan style=\u0027letter-spacing:.65pt\u0027\u003e(Amendment)\r\nOrdinance 2011 can be extended through a \u003c/span\u003e\u003cspan style=\u0027letter-spacing:\r\n.25pt\u0027\u003ecircular or through SRO proposing tax returns?\u003co:p\u003e\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.25pt\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/span\u003e\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003cspan style=\u0027letter-spacing:.4pt\u0027\u003eWith due respect,\r\nit is most respectfully humbly requested to kindly \u003c/span\u003e\u003cspan\r\nstyle=\u0027letter-spacing:.3pt\u0027\u003econsider the aforementioned suggestions/objections\r\nwhile finalizing the tax returns for Tax Year 2011 specifically queries raised\r\nvide paras. 6(i) \u003c/span\u003eto 6(v).\u003c/p\u003e\r\n\r\n\u003cp class=MsoNormal style=\u0027text-align:justify;mso-pagination:none;mso-layout-grid-align:\r\nnone;text-autospace:none\u0027\u003e\u003co:p\u003e\u0026nbsp;\u003c/o:p\u003e\u003c/p\u003e\r\n\r\n\u003c/div\u003e\r\n\r\n\u003c/body\u003e\r\n\r\n\u003c/html\u003e\r\n"