Income Tax Rules, 2002

CHAPTER-II

DETERMINATION OF INCOME HEADS OF INCOME PART IV COMPUTATION AND COLLECTION OF TAX UNDER SECTIONS 7C AND 7D

From: 2023-11-01 - To: 0000-00-00 1[13V. Application for payment of tax in installments by builders.- The builder shall online apply for the payment of installments under this Chapter through the following application form.- APPLICATION FOR ISSUANCE OF SCHEDULE OF INSTALLMENTS FOR PAYMENT OF TAX U/S 7C OF THE INCOME TAX ORDINANCE 2001 READ WITH RULE 13T OF INCOME TAX RULES 2002 1. Name of the builder/ owner 2. NTN/CNIC (Attach copy of CNIC) 3. Name of project/ building (if any) 4. Address of the project/ building 5. Phone Number 6. Mobile Number of builder/ owner 7. Email Address 8. Name(s), CNIC and office Address(es) of Member(s)/ Director(s) of AOP/ Company (if applicable) 9. Category (commercial/ residential offices/ dual) 10. Commercial area of building 11. Residential area of building 12. Total Area of building 13 Total final tax liability Rs. 14. Less Tax paid @ 5% on approval Rs. 15. Balance tax to be paid in equal four monthly installments Rs. 16. Duration of the project in months Months 17. Amount of each…