ACKNOWLEDGEMENT SLIP
114(1) (Return of Income filed voluntarily for complete year)
Name: MUDASSIR HAFEEZ Registration No 3740597257033
Address: Main Baraf Khana Chowk, Dhok Saydan, Tax Year : 2024
Rawalpindi, Rawalpindi Cantonement Period : 01-Jul-2023 - 30-Jun-2024
Medium :
Contact No: 00923215170920 Due Date : 30-Sep-2024
Document Date 20-Aug-2024
Description Code Amount
Net Assets Current Year 703001 4,960,993
Refundable Income Tax 9210 109,260
Tax Chargeable 9200 15,146
Taxable Income 9100 800,974
Total Income 9000 800,974
This is not a valid evidence of being a "filer" for the purposes of clauses (23A) and (35C) of sections 2 and 181A.
Print Date: Tue, 20 Aug 2024 13:41:24 Tue, 20 Aug 2024 13:41:24 +0500 Page 1 of 5
114(1) (Return of Income filed voluntarily for complete year)
Name: MUDASSIR HAFEEZ Registration No 3740597257033
Address: Main Baraf Khana Chowk, Dhok Saydan, Tax Year : 2024
Rawalpindi, Rawalpindi Cantonement Period : 01-Jul-2023 - 30-Jun-2024
Medium :
Contact No: 00923215170920 Due Date : 30-Sep-2024
Document Date 20-Aug-2024
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 800,974 0 800,974
Net Revenue (excluding Sales Tax, Federal Excise,
3029 2,638,622 0 2,638,622
Brokerage, Commission, Discount, Freight Outward)
Gross Revenue (excluding Sales Tax, Federal Excise) 3009 2,638,622 0 2,638,622
Cost of Sales / Services 3030 1,716,995 0 1,716,995
Net Purchases (excluding Sales Tax, Federal Excise) 3059 1,716,995 0 1,716,995
Gross Profit / (Loss) 3100 921,627 0 921,627
Management, Administrative, Selling & Financial Expenses
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Management, Administrative, Selling & Financial Expenses 3199 120,653 0 120,653
Traveling / Conveyance / Vehicles Running /
3155 82,800 0 82,800
Maintenance
Communication 3162 37,853 0 37,853
Accounting Profit / (Loss) 3200 800,974 0 800,974
Inadmissible / Admissible Deductions
Amount
Exempt from Amount
Description Code Total Amount Tax / Subject Subject to
to Fixed / Normal Tax
Final Tax
Tax Amortization for Current Year 3247 0 0 0
Tax Depreciation / Initial Allowance for Current Year 3248 0 0 0
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114(1) (Return of Income filed voluntarily for complete year)
Name: MUDASSIR HAFEEZ Registration No 3740597257033
Address: Main Baraf Khana Chowk, Dhok Saydan, Tax Year : 2024
Rawalpindi, Rawalpindi Cantonement Period : 01-Jul-2023 - 30-Jun-2024
Medium :
Contact No: 00923215170920 Due Date : 30-Sep-2024
Document Date 20-Aug-2024
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 0 800,974
for current / previous years
Business Assets / Equity / Liabilities
Description Code Amount
Total Assets 3349 250,000 0
Other Assets 3348 250,000 0
Total Equity / Liabilities 3399 250,000 0
Capital 3352 250,000 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
Adjustable Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Adjustable Tax 640000 0 124,406 0
Payment for Goods u/s 153(1)(a) @4.5% 64060009 0 118,738 0
Cellphone Bill u/s 236(1)(a) 64150002 0 5,668 0
Cellphone Bill u/s 236(1)(a) - 03332779666 - ufone 64150002 0 5,668 0
Capital Assets
Cost /
Fair Market
Description Code Declared
Value
Value
Total value of capital assets taxable under section 7E 7107 0 0 0
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114(1) (Return of Income filed voluntarily for complete year)
Name: MUDASSIR HAFEEZ Registration No 3740597257033
Address: Main Baraf Khana Chowk, Dhok Saydan, Tax Year : 2024
Rawalpindi, Rawalpindi Cantonement Period : 01-Jul-2023 - 30-Jun-2024
Medium :
Contact No: 00923215170920 Due Date : 30-Sep-2024
Document Date 20-Aug-2024
Final / Fixed / Minimum / Average / Relevant / Reduced Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Final / Fixed / Minimum / Average / Relevant / Reduced
640001 0 0 0
Tax
Capital Gains on Immovable Property u/s 37(1A) 64220050 0 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 800,974 0 800,974
Total Income 9000 0 0 800,974
Taxable Income 9100 0 0 800,974
Tax Chargeable 9200 0 0 15,146
Normal Income Tax 920000 0 0 15,146
Refund Adjustment of Other Year(s) against Demand of
92101 0 0 0
this Year
Withholding Income Tax 9201 0 124,406
Refundable Income Tax 9210 0 0 109,260
Personal Expenses
Description Code Amount
Personal Expenses 7089 393,900 0 0
Other Personal / Household Expenses 7087 768,900 0
Contribution in Expenses by Family Members 7088 375,000 0
Personal Assets / Liabilities
Description Code Amount
Business Capital 7003 250,000 0 0
Business Capital 7003 250,000 0 0
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument / 7006 137,484 0 0
Policy / Share / Stock / Unit, etc.)
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Personal Assets / Liabilities
Description Code Amount
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
7006 26,248 0 0
Policy / Share / Stock / Unit, etc.) - 994969 - JS BANK
CHAKRI ROAD
Investment (Non-Business) (Account / Annuity / Bond /
Certificate / Debenture / Deposit / Fund / Instrument /
7006 111,236 0 0
Policy / Share / Stock / Unit, etc.) - 719540 - MEEZAN
BANK
Motor Vehicle (Non-Business) 7008 5,379,040 0 0
Motor Vehicle (Non-Business) - AEZ 197 - CULTUS 7008 1,390,000 0 0
Motor Vehicle (Non-Business) - TY 662 - SUZUKI RAVI 7008 855,000 0 0
Motor Vehicle (Non-Business) - ASG 197 - Suzuki Cultus
7008 1,934,040 0 0
bank leased
Motor Vehicle (Non-Business) - BAS 197 - BAS 197 Bolan
7008 1,200,000 0 0
on installments
Household Effect 7010 100,000 0
Cash (Non-Business) 7012 516,524 0
Total Assets inside Pakistan 7015 6,383,048 0 0
Total Assets 7019 6,383,048 0 0
Credit (Non-Business) (Advance / Borrowing / Credit /
7021 1,422,055 0 0
Deposit / Loan / Mortgage / Overdraft / Payable)
Credit (Non-Business) (Advance / Borrowing / Credit /
Deposit / Loan / Mortgage / Overdraft / Payable) - ASG 197 7021 529,654 0 0
- Cultus bank liability
Credit (Non-Business) (Advance / Borrowing / Credit /
Deposit / Loan / Mortgage / Overdraft / Payable) - BAS 197 7021 892,401 0 0
- BANK LEASE CAR BOLAN
Total Liabilities 7029 1,422,055 0 0
Net Assets Current Year 703001 4,960,993 0 0
Reconciliation of Net Assets
Description Code Amount
Net Assets Current Year 703001 4,960,993 0 0
Net Assets Previous Year 703002 3,313,663 0
Increase / Decrease in Assets 703003 1,647,330 0 0
Inflows 7049 2,041,230 0 0
Income Declared as per Return for the year subject to
7031 800,974 0
Normal Tax
Foreign Remittance 7035 1,095,256 0
Gain on Disposal of Assets, excluding Capital Gain on
7038 145,000 0
Immovable Property
Outflows 7099 393,900 0 0
Personal Expenses 7089 393,900 0 0
Unreconciled Amount 703000 0 0 0
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