IT_Return_NonIndividual.xls

7/27/2019 IT_Return_NonIndividual.xls

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Instructions NotesFiling Requirements

Conflicting Information

Where do I file?

Who Should Use this Form?

Section C - Summary of Chargeable Income and Ta !ssessed

lists the appropriate sources of income that need to be included in this section.

Chargeable Income

Tax Rate

!mount of TaMultiply the Chargeable Income by the appropriate tax rate and enter the total in this

Section 151 Penalty for late filing:

(3) This Section does not apply to a taxpayer who is in the business of agricultural pla

"eclaration

Section " #art $- %olding Status

Income Tax !eturn for "on#Indi$iduals. The declaration must be furnished within six m

and the Income Tax &ct (C&' 3) or operating regulations pro$ided by the *!& the I

free "o. &'&&$$(&&&)

Indi$idual taxpayers must file using +orm ,T#- Income Tax !eturn for Indi$iduals.

Source

transfer the specified amount in this column. 'lease note that chargeable Income from

In this column enter the appropriate tax rate for each of the income sources. The Taformula indicated in the table where 0 is the ratio of chargeable income of the mining

Penal Tax - 'enal tax should be computed where applicable.

of the tax payable before subtracting any credit allowed or ten currency points per mo

Section $*+ #enalty for Under ,stimating #roisional Chargeable Income or g

ninety per cent of the taxpayer1s actual chargeable income assessed for that year is per cent of the taxpayer1s actual gross turno$er for that year is liable for penal tax e2u

Ta !ssessed 4nter the sum of 'rincipal Tax and 'enal Tax in this column.

who ma5es a statement to an officer of the *!& that is false or misleading in a materi

assists in the preparation of a return of income or a balance sheet statement

neither. If one of the first three boxes is tic5ed complete the re2uired information ab



Section " #art / - #articulars of 0ffice %olders

Section " #art 1 - #articulars of 2a3or Share %olders or 04ners

Section , - 5alance Sheet

Section F - #rofit and 6oss Statement

Section F #art $ 7 Rental Income

Section F #art / 7 Rent #aid89ayable

Section : - ;uantitatie "etails of Stoc< 8 Inentory

Section % - Com9utation of Ta 6iability

Transfer the totals from Schedules and 7 as directed on lines a through e. Then ent

/= #enalty #ayable

+= Ta #aid4nter the re2uired information for all ad$ance payments made. 4nter the total taxes y

Complete the other boxes as re2uired on the form. If you are due for a refund you M*

SC%,"U6,S

Schedule / - Summary of Ca9ital !llo4ance

'rincipal officer(s) who ha$e held the office during the pre$ious year. If more lines are

those holding not less than 8 of the $oting power at any time of the pre$ious year.

statements must be 5ept in accordance with the generally accepted international acco

allowed a deduction for the depreciation of the person1s depreciable assets other than2uestions contact your nearest Tax 9ffice.

statements must be 5ept in accordance with the generally accepted international acco

*ganda. 9n the schedule enter all of the re2uired information. If additional lines are n

recipients and enter all other re2uired information. If additional lines are needed atta

table -. In column & of both tables enter the name or short description of the item con

) Ta #ayable on Total Income

percent of the tax payable before subtracting any credit allowed or ten currency point

assessed for that year is liable for penal tax e2ual to twenty percent of the difference

sections of your return.

in the form.



The information necessary for the basic table is calculated in one of the following part

#art $ 7 Fied !ssets !dditions and Initial !llo4ance on #lant and 2achineryIn each of the columns enter the re2uired information

#art / - Initial !llo4ance and Industrial 5uilding "eductions

+or more information refer to Section -: of the Income Tax &ct.

#art 1 - "e9reciation !llo4ance

The ;Class of &ssets< referred to in the ,eprecation &llowance table include the follow"eclining 5alance "e9reciation Rates for "e9reciable !ssets

#art + - Start u9 Costs

#art * - "e9reciation on Intangible !ssets

deduction for that year of an amount e2ual to -8 of the cost base of the building at t

expenditure was capital expenditure incurred on the construction of a separate indust

the official name and>or exact location. In Columns / through 6 pro$ide the re2uired

Class &ssets Included

Computers and data handling e2uipment

- &utomobiles?/uses and mini#buses with a seating capacity of less than 3

@oods $ehicles with a load capacity of less than 7 tonnes?

Construction and earth mo$ing e2uipment.

3 /uses with a seating capacity of 3 or more passengers?@oods $ehicles designed to carry or pull loads of 7 tonnes o

Specialised truc5s? tractors? trailers and trailer#mounted con 'lant and machinery used in farming manufacturing or min !ail cars locomoti$es and e2uipment?

Bessels barges tugs and similar water transportation e2uip &ircraft?

Specialised public utility plant e2uipment and machinery?

9ffice furniture fixtures and e2uipment?&ny depreciable asset not included in another class.

business to produce income included in gross income or in the initial public offering at



&>/ ;&< is the amount of expenditure incurred? and ;/< is the useful life of the asset i

#art > - !llo4ance for !cquisition or ,stablishment of %orticultural #lant or C

Schedule 1 - Calculation for Ca9ital :ains86osses

Schedule + 7Income from 6ong Term Contract

Schedule * - Chargeable Income from 2ining 5usiness

Schedule > - Short Term Insurance 5usiness

(b) the amount of agency expenses incurred during the year of income in the carrying

+or further information consult the Income Tax &ct.

Schedule ( - Re9atriated 5ranch #rofit

Schedule ' - Withholding Income at Source

ascertainable useful life is allowed a deduction in each year of income during the usef

income who has incurred expenditure of a capital nature on the ac2uisition or establis

clearing land.

line represents a loss enter this loss in parenthesis (). If more space is needed subm

ser$ices which is not completed within the year of income in which wor5 under the co

the following formula? 7 A>0 where 0 is the number of the percentage points rep

carrying on a short#term insurance business is the sum of

such a business in respect of the insurance of any ris5 other than premiums returned commission or expense allowance deri$ed from reinsurers any income deri$ed from iincome in the production of income from the carrying on of a short#term insurance busreco$erable under any contract of reinsurance guarantee Security or indemnity?

allowable as a deduction under this &ct other than expenditures or losses referred to year of income.

through a branch which has repatriated income for the year of income. +or information

columns. If more space is needed attach an additional sheet.



Sec 5-C

Sno 4rror Dine "o 4rror /ox "ame

Sec "-,


Sec F


Sec :


Sec %


SC% $


SC% /-1


SC% +-*


SC% >-(


SC% '-




4rror /ox ,escription












4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription

4rror ,escription



Return "etails

TI"E F!eturn period +rom dateE .!eturn period To dateE .



Income Ta Return Form

For a Non-Indiidual

Sect on 5 - F ng Status) Ghether 9riginal !eturn or &mended !eturn

SectiSource of Taable Income.Taxable Income or Loss From :.

) /usiness and 'rofession (Schedule Dine :)

3) Income from Mining (Schedule A Dine :)) !epatriated /ranch 'rofit (Schedule 7 Dine )

This Form shall be filled by a Company, Trust or any entity othederiving income from business or profession.

-) Income from Short term insurance /usiness (Schedule H

A) @ross Income from "on !esidents pro$iding ShippingH) @ross Income from "on !esidents pro$iding Telecom(= Total Ta under the Income Ta !ct



Form "T-/&&/

@ers on 1)/9riginal

on C - Statement of Chargeable Income and Ta !ssChargeable Income Ta Rate Ain B=

#rinci9al Ta Amount Tax Rate

. 3 .

. 3 .. -A .. A .. - .

. A .. .

r than a partnership firm Toll FreeNumber



ssed#enal Ta Ta !ssessed

Sec $*$ Sec $*+ Tax Rate

.



#art $ . %olding Status

6olding Status =#articulars of %olding Com9any or Subsidiary Com9

TIN

#art / . #art

Ta9ayer

TIN$



#art 1 . #articulars o

#articulars of 9ersons 4ho 4ere beneficial o4nersduring the 9reious year

TIN/



Section , - 5alance Sheet as on 1&th D

!##6IC!TI0N 0F FUN"S

$= Fied !ssets 8 Non Current !ssets

a) Dand and /uilding b) 'lant and Machinery c) Motor Behicles d) +urniture and +ixtures e) 9ther &ssets f) Intangible &ssets g= Total Fied !ssets AaEbEcEdEeEf= h) &ccumulated ,epreciation > &mortiation i= Net 5oo< alue of Fied !ssets Ag-h=/= Inestments

a) Shares b) ,ebentures c) +ixed ,eposits d) @o$ernment Securities e) 9ther In$estmentsf= Total InestmentsAaEbEcEdEe=

1= Current !ssets 6oans and !dances

a= Current !ssets i= Inentories

a) Stores > consumable including pac5ing materials b) !aw Materials c) Gor5#in#'rogress d) +inished @ood or Trade @oods e= Total Inentory AaEbEcEd=

ii= !ccounts Receiables8"ebtors

b) 'repayments

d= Total Receiables8 "ebtors AaEbEc= iii= Cash and 5an< 5alance

a) /an5 /alance

c= Total balance aailable AaEb=

i$) 9ther Current &ssets = Total Current !ssets AiAe=EiiAd=EiiiAc=Ei=

b= 6oans and !dances

a) Trade !ecei$ables>,ebtors>Doans J &d$ances to

c) 9ther !ecei$ables>,ebtors>Doans J &d$ances to

b) Cash in hand and cash e2ui$alents>Cash and



i) Doans to reated parties ii) &d$ances to staff iii) ,eposits (9ther than +ixed ,eposit) i$) Doans and &d$ances to 9thers $) /alance with *ganda !e$enue &uthority i= Total of 6oans and !dances AiEiiEiiiEiE=

c= Total Current !ssets loans and !dances AaA= Ed= Current 6iabilities and #roisions

i= Current 6iabilities

b) Diability for leased assets c) &ccured Interest

e) *npaid matured debts f= Total current liabilities AaEbEcEdEe=

ii= #roisions

a) 'ro$ision for Income Tax b)'ro$ision for /ad debts c) 'roposed ,i$idends d) 9ther 'ro$isions e= Total #roisions AaEbEcEd= iii= Total Current 6iabilities and #roisions Ad iAf= Ee= Net Current !ssets Ac - dAiii==

) ,eferred Tax &ssets*= Total !ssets A$i E /f E 1e E+=

S0URC,S 0F FUN"S

>= Shareholder s Funds

a= Share Ca9ital

i) Issued Subscribed and 'aid *p Capital ii) &dditional Issued Share Capital iii= Total share ca9ital AiEii=

b= Reseres and Sur9lus

ii) Capital !eser$e iii) Capital !edemption !eser$ei$) Statutory !eser$es

$) !e$aluation !eser$e $i) Translation !eser$e $ii) &ny other !eser$e

$iii) @eneral !eser$e = Total Resere and sur9lus Asum of i to i=c= Total Shareholders Funds AaAiii= E bA==

(= 6ong Term 6iabilities

a= Secured 6iabilities

i) Doan from +inancial Institutions ii) 9ther Doans

a) Trade payable>creditors>Customer>,eposits (for

d) 9ther Current liabilities>&mounts due to others (for

i) Share 'remium

ix) !etained 4arnings > &ccumulated 'rofit or Doss or



iii) ,ebt securities issued i$) ,ue to related 'arties = Total Secured 6iabilities Ai E ii E iii E i=

b= Unsecured 6iabilities

iii) 'ayables>Creditors for more than one year

= Total Unsecured 6iabilities AiEiiEiiiEi=c= Total 6oan Funds AaA= E bA==

K) ,eferred Tax Diability= Total ,quity and 6ong Term 6iabilities A>c E (c E

i) Doan from +inancial Institutions ..

ii) 9ther Doans.

i$) ,ue to related 'arties ..



nyName of the Com9any Status !ddress

culars of 0ffice %olders

Name "esignation !ddressreious year



2a3or Share holders or 04ners

Name !ddress

f shares holding $&B or more of the oting 9o4er at any time

Aif determinate=



ne of Non-Indiidual Ta9ayer

.

.

.

.

.

.

.



.Ai== .

.

.iiAe== .

.

.

.

..



.

..

'= .













a) Sales >@ross Interest Income(for ban5s) b) @ross !eceipt of 'rofession>Consultancy +ees c= Total AaEb=

/= Cost of Sales a) 9pening Stoc5

i) !aw Materials

ii) Gor5 in 'rogress iii) Trading > Manufactured goods i= Total 09ening Stoc< AiE ii E iiii= . b) 'urchases(raw materials>trade goods)

i) Docal 'urchases (net of duties and taxes)

iii= Total #urchases and Im9orts AiEii= . c) 9ther direct costs

i) ,irect Gages ii) ,irect 4xpenses or Interest expense (for ban5s) iii= Total of other direct costs A i E ii = . ,) +actory 9$erheads

i) +actory rent ii) +actory rates iii) +uel and 'ower i$) Indirect Gages $) Consumables $i) ,epreciation $ii) 9ther factory o$erheads

iii= Total factory oerheads A iEiiEiiiEiEEiEii= e) Closing Stoc5

i= Total Closing Stoc<AiEiiEiii=

f= Cost of Sales G/aAi=E/bAiii=E/cAiii=E/dAii=-/eAi=H

1= :ross #rofit G$Ac= - /Af=H

+= 0ther income

a) Interest earned from sources inside *ganda

b) Interest earned from sources outside *gandac) ,i$idendd) !ent

e) Commision and +ees f) "et Trading Income (for ban5s) g) &nnuityh) "atural resource payments

i) !oyalties

business taes if any=

ii) Imports (CI+ $alue and taxes # excluding G6T

i) !aw Materials.. ii) Gor5 in 'rogress.. iii) Trading>Manufactured goods..

L) @ift in connection with the use or exploitation of



5) &ny other income l) !ealied exchange gain m) *nrealied exchange again n) 'rofit on disposal of assets

9= Total 0ther Income Atotal of a to o=

*= Income from short term Insurance 5usiness

e= :ross recei9t receied or receiable AaEbEcEd=

>= 09erating ,9enses

a) &d$ertisement b) &udit 4xpenses c) /ad ,ebts Gritten 9ff

d) Commission e) Computer 4xpenses f) Consumption of Stores and Spare 'arts g) Con$eyance 4xpenses h) ,onations i) 4ntertainment L) +reight and Transport 5) @ift l) 6otel /oarding and Dodging 4xpenses m) Degal 4xpenses n) 'ower and +uel

p) !ent 2) !ates r) !epairs of /uilding s) !epairs of Machinery

u) Staff Gelfare 4xpenses $) Startup cost> pre# operating expenses w) Stationery and printing x) Subsistence &llowance y) Telephone 4xpenses ) Training 4xpenditure aa) Tra$eling 4xpenses including foreign tra$eling

ab) Gor5 Shop # Conference 4xpenses bb= Total 09erational ,9enses Gtotal from >Aa= to >Aab=H

(= 0ther ,9enses Adescribe the head of e9enditure=

o) 'ro$ision for /ad and ,oubtful ,ebts>Impairment

a) @ross &mount !ecei$ed b) &mount !eco$eredpre$ious year of income d) 9ther purely short term insurance income

o) 'ro$ision for /ad and ,oubtful ,ebts>Impairment

t) Sales 'romotion including 'ublicity (other than



Total of 0ther ,9enditure

'= !dministratie ,9enses

a) ,epreciation b) Doss on disposal of assets c) Management +ees d) Scientific !esearch 4xpenses e) 4mployment 4xpenses

i) Salaries and wages ii) /onus iii) !eimbursement of medical expenses i$) Dea$e encashment $) Dea$e tra$el benefits $i) 6ousing allowance>rent $ii) Contribution to retirement fund $iii) Contribution to any other fund ix) &ny other employment costs x) Total employment expenses (total of i to ix) .

.= Financing ,9enses

a) Interest 4xpense b) /an5 charges b) Commitment fees d) Insurance e) !ealied exchange loss f) *nrealied exchange loss g= Total financial e9enses GTotal from Aa= to Af=H

$&= ,9enses 9urely related to short term insurance business income

e) 9ther expenses related to short term business

f= Total e9enses attributable to short term insurance income Aa to e=

-) Income Tax 4xpense

$1= #rofit after ta A$$ - $/=

) 'roposed di$idend

f= Total !dministratie ,9enses Gtotal from

a) claims admitted during the year b) premiums returned to insured c) reser$ed for unexpired ris5 carried forward

d) &gency 4xpenses

$&Af=H



$*= #rofit after ta and diidend A$1-$+=

H) /alance of profit>(loss) brought from pre$ious period

$(= 5alance carried to balance sheet A$*E$>=

#art $ .

TIN of Tenant if aailable))$ Name of Tenant))$

Total Rental Income

#art / . Re

Name of 6andlord

"o you 4ant to u9load this section se9arately in )CS@ f TIN of Tenant if aailable$ Name of Tenant$

TIN of 6andlord if aailable$



TIN of Tenant if aailable))$JJJJ)) Name of Tenant))$

Total Rent 9aid or 9ayable



.

.

.

.

.



.

.

.



.

.

.

.

.



.

.

Rental Income

6ocation of #remises

From To

t #aid or #ayable

ile?$#eriod of Tenancy$

#remises))$

#remisesJ)/ #eriod of TenancyJ)/$



#remises))$ FromJ))$ ToJ)$









.

Income Receied or

Receiable)

:ross Rent 9aid



.

9ayble)



Section : - ;uantitatie "et"o you 4ant t

Item Name Unit 09ening Stoc< #urchase

:oods



. .

"o you 4ant tUnit 09ening Stoc< #urchase

Total)

account details

Item Name.



. .Total))



ils of stoc< 8 inentoryu9load this section se9arately in )CS@ file? "9Sales ;uantity Closing Stoc< hortage 8 ,cess if a

.

..............................................



.....

. . .

u9load this section se9arately in )CS@ file? "9Consum9tion Sales ;uantity Closing Stoc<



. . .



y



ield finished 9roduct in unit #ercentage of yield ortage 8 ,cess if a

.

....

............

............

.........



............

. . .





y





Section % -$= Ta 9ayable on total income

a) Income at normal rate other than short term insurance and mini

g= Ta 9ayable on total Income AaEbEcEdEeEf=

/= #enalty #ayable

a) +or default in furnishing final return within time

b) +or default in furnishing pro$isional return within time

c) +or incorrect estimation of income under pro$isional return d= Total 9enalty 9ayable AaEbEc=

1= !ggregate Ta 6iability A$g E /d=+= Ta #aid

a= "etails of 9roisional ta 9aidName of 5an< 5an< 5ranch

Total 9roisional ta 9aid by ta9ayer

b) Tax withheld by agent or other person (see Schedule K)

c) Self &ssessment tax paid d= Total taes 9aid Aa E b E c=

A) &mount of tax payable (if 3 is greater than (d) else write )

b) Income from short term insurance business( Schedule H Dine :)

c) Income from Mining (Schedule A Dine :)

d) !epatriated branch 'rofit(Schedule 7 Dine )

e) Income deri$ed from shipping in case of non#resident person

f) Income deri$ed from telecommunication business in case of non



H) !efund (if 3 is lesser than (d) else write)(= :ie ban< account number Amandatory in case of Refund=

Ty9e of accountName of 5an< $



Com9utation of Ta 6iabilityChargeable Incom Rate of TaA in B=

g ( Schedule Dine :) . 3

. 3

. -A

. A

-

A

.

"ate of "e9osit #ayment Number !mount

.

.

.

.

resident person



.

5ranch !ccount Number



Ta liability

.

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.

.

.

.

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.

.





Schedule $ - Com9utation of income from bu

/= !dd

e) /alancing charge

....

i) 9perating ii) &dministrati$e iii) 9ther expenses i$) +inancial 4xpenditure

.

. n= Total amount to be added bac< Atotal from a to m=

1= 6ess

.

..

6ine $$=

a) ,epreciation (Section +b) 4ntertainmentc) 4xpenses related tod) Doss on disposal of

f) ,onations(to the extentg) 'ro$ision for bad andh) Start up cost >'re#

i) *nrealied foreign L) 4xpenses !elated to Short5) Cost of sales directlyl) &pportioned 4xpenses

short term insurance

= Total !99ortionedm) 9ther non allowable

Total ,isallowable

a) 4xempted income (ifb) @ross !eceipt from short

c) Income directly

d) 'rofit on disposal ofe) Capital deductionf) Scientific research



.

.

i) Interest Income ii) &ny other income

.

.

A) Income from Capital @ains (Schedule 3)

g) *nrealied foreign

h) 'ro$isions for bad debtand doubtful debts if credited

i) @ross income credited to

'JD on which tax withheld is a

iii) Total income on which L) 9ther allowable ,eductions

Total other allo4ableof item a to 3= Ca9ital allo4anceA$ E /An= - 1A<==

H) Capital Dosses (Schedule #from 5usiness and #rofession G+ E * - >H to be set off against current year of income

= Income from business actiity if A(-'= is 9ositie) Ifnegatie 4rite M&M ATransfer this amount in section C= is negati$e. If positi$e write OO

determining chargeable businessincome of the taxpayer in the followingyear of income.



iness and 9rofession

.

.



..

.

..

.

.



Items form 9art of Ca9ital !llo4ance

-) ,epreciation &llowance ('art 3 line A column +)

A) Start up Cost ('art total of column 4)

Item A!=Item A!=J)

Item A!= JJJJJJJ))

!llo4ance

) Initial allowance 'lant and Machinery ('art total

3) Initial &llowance industrial building ('art - total of

) Industrial /uilding &llowance ('art - total of column

H) Intangible &ssets (allowed o$er useful life of assets)7) ,eduction on ac2uisition or establishment of'= Total of all allo4ances and deductions to4ards:) &llowance apportioned to Mining business and Short) Capital &llowance allowable to /usiness other thanprefession, long term contract, short term insurance business andmining business in their appropriate proportion

!llo4ance on #lant and 2achinery

Total$



5uilding A!=

Total Initial !llo4ance and I5"

#art 1 7 "e9reciation !llo4ance

#articulars A!=#articulars))

-) &ddition during year net of initial allowance ('art )3) ,isposal during the year

5uilding "eductions AI5"=

) Gritten ,own Balue (G,B) at the beginning of the



A) ,epreciation for the year of incomeH) G,B at the end of year of income

#art + 7 Start u9 CostItems ;ualified for Start-U9 Cost A!=

$= Total allo4able deduction

#art *. "e9reciation on Intangible !ssetsIntangible !ssets A!=

) "et amount on which full rate of depreciation applied

Note: Start up cost in relation to a new business should be allowedseparately and not aggregated with preious start up cost if any.



;ualifying !ssets A!=

Total/

Construction of :reen %ouse

TotalJJJJJJJJJJJ))



!ssets A!=

Total Ca9ital :ains86osses

Schedule 1. Calculation for Ca9ital :ains



!mount

...

.....

.

Item "escri9tion "ate of First Issue A5=



Cost A5=

Class of !ssetsClass I +&B A5= Class II 1*B AC=

"ate of com9letion ofconstruction AC=



. .

. .. .

"ate of ,9enditure A5= Cost AC=

.

"ate of !cquisition A5= AC=



.

"ate of ,9enditure A5=

.

AC=



"is9osal @alue A5= Cost 5ase AC=



6ocation AC=



"ate of First Use A"=

Class III 1&B A"=



.

..

Written "o4n @alue 58F A"=

A" =



Written "o4n @alue 58F A"=



Incidental "is9osal Costs A"=



Cost A"=

.

"o you 4ant initial allo4anceauto calculated?



.

Total AF=Class I@ /&B A,=

.

..

"ays in user or aailable for useA,=

Initial !llo4ance AF=5/&B or&B



. .

. .. .

!llo4ance for the year A,=C8+ Written "o4n @alue C8F AF=

. .

. .. .. .. .. .. .. .. .. .. .

. .. .. .. .. .. .. .. .. .. .. .. .

. .. ..

Written "o4n @alue 58F A,= !llo4ance for the year AF=



.

. .. .. .. .. .. .. .. .. .

. .. .. .. .. .. .. .. .. .. .. .. .

. .. .. .. ..

O/&B ,=



Ca9ital :ains8 6osses A,=A5-C-"=

........

...

..........



C6!SS I

.

......

............

....... .

Initial allo4anceA,= A"*& or(*B=



Residual @alue 58F A%=

.

;ualifying ,9enditure for I5"A:=5-F



.......

F=



.............





;ualifying e9enditure for "e9reciationC6!SS II C6!SS III C6!SS I@

AF=A"-,=

. . .



I5" AI= Residual @alue C8F AD=

.



















S

Contract Name A!=

:ross Income or 6oss from 6ong Term Contracts f

Schedule * - Calculation of charge

) @ross proceeds from mining operation-) Cost 9f sales attributable to mining operations

3) 9ther expenses (apportioned between mining operati

b) 9perating expenses

c) &dministrati$e 4xpenses

d) Total of 9ther 4xpenses

e) +inancial 4xpenses

+= #rofit 86oss from mining o9erations G$-/-1Af=HA) &dd= "on allowable expenses related to mining opera

H) Dess= &llowable expenses>,eductions related to minin

(= !d3usted 2ining 09eration income8loss A+E*->=

K) /rought forward assessed loss from mining operation

"o you 4ant to u9load this section se9ara

Com9leted C0ngoing : A5=

#articulars. .

a) &llowable apportioned capital allowance ASchedule

f= Total 2ining 09eration ,9enses



:) Chargeable from mining business if (7 # K) is positi$sections % and C aboe other4ise 4rite &

) Balue of OxO for calculating tax liability on Income fr

) Calculation of tax rate to be applied AA(& - A$*&& 8

-) If $alue in item is more than A8 then rate of ta-A8 then rate of tax is -A8 and if it is in between -A8



hedule + 7 Income from 6ong Term Contra

"9

Income AC= ,9enses A"=

om current year

able income from mining business

!mount !mount

on and others

.

.

.

.

.

.

.tions

g operations

.

from pre$ious year .

ely in )CS@ file?/



.

.

.

-A

Transfer this amount to

m Mining 9peration GAline

== 8 $&& =

is A8 if it is less thano A8 then rate of tax is as



t

Net 6oss AF= A"= - AC=

. .. .. .. .. .. .. .. .. .. .. .. .

. .. .. .. .

Net Income A,= AC= -A"=





Schedule > - Calculation of Income f

-) Total 4xpenses attributable to short term insurance incom3) 9ther expenses (apportioned between Short term insuran

+= #rofit 86oss from short term Insurance 5usiness G$-

A) &dd= "on allowable expenses related to Short term InsuraH) Dess= &llowable expenses>,eductions related to Short ter

(= !d3usted Short term Insurance 5usiness income8los

K) /rought forward assessed loss from Short term Insurance

4) Other allowable short term insurance expenses include capital deduction allowe

Schedule ( - Re9atriated 5ranc#articulars Aa= 09ening 5alance Ab=

) "on#Current &ssets

3) Current &ssets+= Total !ssets A$E / E 1= .A) Dong Term DiabilitiesH) Current Diabilities(= Total 6iabilities A* E >= .'= Net !ssets A+ - (= .0ther "etails

:) Chargeable income of the /ranch for current year

#articulars. !!!!!!!.

) @ross receipt recei$ed or recei$able from short term insurAe)

a) &llowable apportioned capital allowance (Schedule - line

b) 9perating expensesPP...

c) &dministrati$e 4xpensesPPPPPPP..

d) Total of 9ther 4xpensesPP.

e) +inancial 4xpensesPPPP..

f= Total Short term insurance ,9enses

:) Chargeable from Short term Insurance /usiness if (7 # K)amount to sections % and C aboe other4ise 4rite &

) Doss to be carried forward to the next year for set off agabusiness income if (7#K) is negati$e otherwise write OO

!) "hort term insurance business means an insuracne business which is not a liethe income tax act.

%) &here'er a loss is arises rom short term insurance business( it should be carrieterm insurance business income o subse*uent ear and not oset rom other sour

+) ,ross premium must include premiums on re-insurance deri'ed b the person indurin the ear o income.

-) Trade In$estments.



$/= 5ranch 9rofit ta A$$ O $*B=

$&= Ta liability on chargeable income Aitem number

$$= Re9atriated 5ranch 9rofit is calculated as A'b E



rom Short Term Insurance 5usiness

!mount !mount

.

e (Section + Dine f) .e and long term insurance)

.

.

-1Af=H .

ce /usiness . Insurance /usiness .

A+E*->= .

/usiness from pre$ious year .

.

.

rom short term insurance business.

h #rofitClosing 5alance Ac=

.

..

nce business (Section + line

is positi$e Transfer this

inst short term insurance

insurance business as per section !$ o

d orward and oset aainst the shorte o income.

respect o the insurance o an ris



.

.

.







TIN of Withholding !gent A!=

$= :ross 4ithholding ta deducted at s

"o you 4a



Schedule ' - "etail

Name of an Withholding !gent A5=

ource from income A$ to $&=

nt to u9load this section se9arately in )



of 4ithholding ta deducted at

:ross !mount AC=

CS@ file?1



ource from Income

"9

"ate of #ayment or Credit A"=



Ta "educted A,=

.





e 9 on na

F0R ,PC,6 /& To O4na

-

3

F0R 0T%,R ,P To O4na

-3

Note. "In case

generated.



acro na e a a e u on .

( .-ble MacroO please follow steps below.

Clic5 Trust Center clic5 Trust Center Settings and then clic5 Macro Settings.

Select O4nable all macrosO. Clic5 on Q9RQ.9pen the file again.

C,6 @,RSI0NS .-ble MacroO please follow steps below.

9pen the file again.

you are not able to generate upload sheet using above steps, then you can use this fi

Clic5 the 2icrosoft 0ffice 5utton and then clic5 ,cel 09tions)

le$el to Dow by clic5ing the 6o4 radio button.applications that also use the application you are currently running).

Clic5 the ,nable button to allow the macro to run.

Documents

IT_Return_NonIndividual.xls