ACKNOWLEDGEMENT SLIP
114(4) (Return of Income filed on notice for complete year)
Name: IFIKHAR ALI Registration No 3320212132663
Address: Near Masjid Ibraheem, Mohallah Saeed Gujjar, Tax Year : 2023
Mehrabad, Sahiwal, Chichawatni. Period : 01-Jul-2022 - 30-Jun-2023
Medium : Online
Contact No: 00923336743905 Due Date : 31-Oct-2023
Document Date 09-Jul-2024
Description Code Amount
Net Assets Current Year 703001 12,212,000
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: Mon, 15 Jul 2024 10:08:40 Page 1 of 5
114(4) (Return of Income filed on notice for complete year)
Name: IFIKHAR ALI Registration No 3320212132663
Address: Near Masjid Ibraheem, Mohallah Saeed Gujjar, Tax Year : 2023
Mehrabad, Sahiwal, Chichawatni. Period : 01-Jul-2022 - 30-Jun-2023
Medium : Online
Contact No: 00923336743905 Due Date : 31-Oct-2023
Document Date 09-Jul-2024
Manufacturing / Trading Items
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Income / (Loss) from Business 3000 350,000 350,000 0
Other Revenues
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Other Revenues 3129 350,000 350,000 0
Others 3128 350,000 350,000 0
Management, Administrative, Selling & Financial Expenses
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Accounting Profit / (Loss) 3200 350,000 350,000 0
Inadmissible / Admissible Deductions
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Tax Amortization for Current Year 3247 0 0
Tax Depreciation / Initial Allowance for Current Year 3248 0 0
Business Assets / Equity / Liabilities
Description Code Amount
Total Assets 3349 555,000
Cash / Cash Equivalents 3319 35,000
Print Date: Mon, 15 Jul 2024 10:08:40 Page 2 of 5
114(4) (Return of Income filed on notice for complete year)
Name: IFIKHAR ALI Registration No 3320212132663
Address: Near Masjid Ibraheem, Mohallah Saeed Gujjar, Tax Year : 2023
Mehrabad, Sahiwal, Chichawatni. Period : 01-Jul-2022 - 30-Jun-2023
Medium : Online
Contact No: 00923336743905 Due Date : 31-Oct-2023
Document Date 09-Jul-2024
Business Assets / Equity / Liabilities
Description Code Amount
Other Assets 3348 520,000
Total Equity / Liabilities 3399 1,500,000
Capital 3352 1,500,000
Receipts / Deductions
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Income / (Loss) from Other Sources 5000 320,000 320,000 0
Receipts from Other Sources 5029 320,000 320,000 0
Annuity / Pension 5007 320,000 320,000 0
Tax Reductions
Total Tax Tax
Description Code
Amount Chargeable Reducted
Tax Reduction on Tax Charged on Behbood Certificates / Pensioner's
Benefit Account in excess of applicable rate 930101 0 0
Final / Fixed / Minimum / Average / Relevant / Reduced Tax
Receipts / Tax Collected Tax
Description Code
Value / Deducted Chargeable
Final / Fixed / Minimum / Average / Relevant / Reduced Tax 640001 0 0 0
Capital Gains on Immovable Property u/s 37(1A) where holding period exceeds
1 year but does not exceed 2 years
64220059 0
Capital Gains on Immovable Property u/s 37(1A) where holding period exceeds
2 years but does not exceed 3 years
64330058 0
Capital Gains on Immovable Property u/s 37(1A) where holding period exceeds
3 years but does not exceed 4 years
64330059 0
Capital Gains on Immovable Property u/s 37(1A) where holding period exceeds
5 years but does not exceed 6 years
64330064 0
Capital Gains on Immovable Property u/s 37(1A) where holding period exceeds
6 years
64330065 0
Print Date: Mon, 15 Jul 2024 10:08:40 Page 3 of 5
114(4) (Return of Income filed on notice for complete year)
Name: IFIKHAR ALI Registration No 3320212132663
Address: Near Masjid Ibraheem, Mohallah Saeed Gujjar, Tax Year : 2023
Mehrabad, Sahiwal, Chichawatni. Period : 01-Jul-2022 - 30-Jun-2023
Medium : Online
Contact No: 00923336743905 Due Date : 31-Oct-2023
Document Date 09-Jul-2024
Capital Assets
Cost /
Fair Market
Description Code Declared
Value
Value
Residential Property 7102 0 0 0
Residential Property - immoveable property situated jhng, Jhang Ahmadpur
Sial 7102 0 0 0
Residential Property - Immovable property situated at Chak no 39/12L
chichawatni, Sahiwal Chichawatni 7102 0 0 0
Residential Property - Immovable property situated at Chak no 40/12L, Sahiwal
Chichawatni 7102 0 0 0
Residential Property - Immovable property situated at Chak no 39/12L
chichawatni, Sahiwal Chichawatni 7102 0 0 0
Residential Property - Immovable property situated at Chak no 39/12L
chichawatni, Sahiwal Chichawatni 7102 0 0 0
Residential Property - Immovable property situated at Chak no 40/12L
chichawatni, Sahiwal Chichawatni 7102 0 0 0
Residential Property - Immovable property situated at Chak no 39/12L
chichawatni, Sahiwal Chichawatni 7102 0 0 0
Total Value of capital assets 7106 0 0
Total value of capital assets taxable under section 7E 7107 0 0 0
Computations
Amount
Exempt from Amount
Total
Description Code Tax / Subject Subject to
Amount
to Fixed / Normal Tax
Final Tax
Income / (Loss) from Business 3000 350,000 350,000 0
Income / (Loss) from Other Sources 5000 320,000 320,000 0
Refund Adjustment of Other Year(s) against Demand of this Year 92101 0 0
Withholding Income Tax 9201 0 0
Personal Expenses
Description Code Amount
Personal Expenses 7089 350,000 0 0
Other Personal / Household Expenses 7087 350,000
Print Date: Mon, 15 Jul 2024 10:08:40 Page 4 of 5
Personal Assets / Liabilities
Description Code Amount
Commercial, Industrial, Residential Property (Non-Business) 7002 8,658,000 0 0
Commercial, Industrial, Residential Property (Non-Business) - chak no 40/12L
chchawatn - residential immoveable property 5 marla situated at chak no
40/12L chichawtni property value 403920 fe marla 7002 2,020,000 0 0
total property value 2020000
Commercial, Industrial, Residential Property (Non-Business) - chak no 39/12L
chichawatni - immoveable property situated at chak no 39/12 L chichawatni 7002 0 0 0
Commercial, Industrial, Residential Property (Non-Business) - chak no 40/12L
chchawatn - residential property 5 marla situated at chak no 40/12 l chichawatni 7002 1,188,000 0 0
property value 1188000
Commercial, Industrial, Residential Property (Non-Business) - chak no 40/12L
chchawatn - 5 marla property situated at chak no 40/12L chichawatni total 7002 950,000 0 0
property value 950000
Commercial, Industrial, Residential Property (Non-Business) - chak no 39/12L
chchawatn - 5 marla immoveable property situated at chak no 39/12 L 7002 2,250,000 0 0
chichawatni
Commercial, Industrial, Residential Property (Non-Business) - chak no 39/12L
chchawatn - 5 marla situated at chak no 39/12 chichawatni 7002 2,250,000 0 0
Business Capital 7003 1,500,000 0 0
Business Capital - Oxford school for girls 7003 1,500,000 0 0
Animal (Non-Business) 7005 592,000
Any Other Asset 7013 1,462,000 0 0
Any Other Asset - Any Other Asset Total 7013 1,162,000 0 0
Any Other Asset - gold 7013 300,000 0 0
Total Assets inside Pakistan 7015 12,212,000 0 0
Total Assets 7019 12,212,000 0 0
Net Assets Current Year 703001 12,212,000 0 0
Reconciliation of Net Assets
Description Code Amount
Net Assets Current Year 703001 12,212,000 0 0
Net Assets Previous Year 703002 11,892,000
Increase / Decrease in Assets 703003 320,000 0 0
Inflows 7049 670,000 0 0
Income Declared as per Return for the year Exempt from Tax 7032 670,000
Outflows 7099 350,000 0 0
Personal Expenses 7089 350,000 0 0
Unreconciled Amount 703000 0 0 0
Print Date: Mon, 15 Jul 2024 10:08:40 Page 5 of 5
