Cuenca del Río Tajo

Division I

Collection or Deduction of Tax

47. Collection or deduction of tax.- Every person obliged under the Ordinance to collect tax

from an amount or deduct tax from a payment shall collect or deduct the tax as specified in the Ordinance.

48. Certificate of collection or deduction.- (1) This rule applies for the purposes of sub-

section (1) of section 164, which obliges a person –

(a) collecting tax under Division II of Part V of Chapter X of the Ordinance; (b) deducting tax from a payment under Division III of Part V of Chapter X

of the Ordinance except in the case of salary; (c) collecting or deducting tax under Chapter XII; or

(2) deducting tax under the Sixth Schedule, to issue a certificate as specified in rule 50 to the person from whom tax has been collected or to whom the payment has been made.

(3) A certificate required to be furnished under sub-section (1) of section 164 (other than in respect of the deduction of tax from salary and under sub-rule (2)) shall be in the form specified under rules in this Division.

(4) Where a certificate issued under sub-section (1) of section 164 has been lost, stolen or destroyed, the recipient of the certificate may request, in writing, that the issuer of the certificate issue a duplicate certificate.

(5) Where a request has been made under sub-rule (5), the issuer of the certificate shall comply with the request and the certificate so issued shall be clearly marked “duplicate”.

49. Certificate of collection / deduction of tax at source.- Certificate u/s 164 to issue to the

recipient payee or to the person who would receive credit for such tax deduction/ collection. The certificate has to be serially numbered and issued in duplicate to the person

Certificate of Collection or Deduction of Tax

S. No. _____ Original/ Duplicate/ Triplicate Date of Issue __________ Certified that a sum of Rs _________________ (Amount of tax collected/ deducted in figures) (_________________________________________(Amount in words) on account income tax

has been collected/

deducted from ________________________________________________________ (Name & Address of the person whom tax collected/ deducted)

holding National Tax No. ________________________(if any) on ________________________ (Date of collection/ deduction) under section* ________________________(Specify section of Income Tax Ordinance, 2001) on account of*________________________ (Specify nature) vide ________________________ (Particulars of LC, contract etc) on the value/ amount of ________________________ (Gross amount on which tax collected/ deducted in the matter of collection of tax u/s 234, 235 and 236)

Date(s) of payment for which tax deducted/ prior to which deduction relate to/ prior to which

tax deposit relate to ________________________________________________(Amount in words)

This is to further certify that the tax collected/deducted

has been deposited in the ________________________(Main) of ________________________ at ________________________(City)

on ________________________(Date of deposit) vide challan/ treasury/ Voucher

No booked/ instrument entries through (MAG, CNA etc, Pl. Specify A/C No) in the Federal Government/ Income Tax Head of account.

Company/ office etc. collecting/ deducting the tax

Name ________________________ Address ________________________ ________________________ NTN (if any) ________________________

Signature ______________________________ Name of authorised person ______________________________ Date ___________ Seal Designation ______________________________ (Key on the Back Page)

*Section on account of

148 Import of goods. 150 Dividend

154(1) Realisation of foreign exchange proceeds on account of export of goods.

151 Profit on debt. 154(2) Realisation of foreign exchange proceeds on account of indenting commission.

152(1) Royalty or fees for technical services paid to non-resident.

154(3) Realisation of the proceeds on account of sale of goods to an exporters under an inland back-to back letter of credit.

152(2) Other payments (specify) to non- resident person excluding those covered u/s 152(1), 149, 150, 153, 155 and 156.

153(1) Sale of goods/ rendering of services/ execution of contract by a resident person.

156 Prize on a prize bond, winnings from a raffle, lottery or cross word puzzle. 233 Brokerage or commission

234 Alongwith motor vehicle tax. 235 Electricity consumption 236 Telephone users. 153(3) Execution of a turnkey contract; a

contract or sub-contract for design, construction or supply of plant and equipment under a power project; a contract or sub-contract under a construction, assembly or installation project in Pakistan, including a contract for the supply of supervisory activities in relation to such project; or any other contract for construction or services rendered, other than a contract to which section 152 applies; by a non- resident person.

Division II

Payment of Tax Collected or Deducted

50. Payment of tax collected or deducted.- (1) This rule applies for the purposes of section

160, which provides for –

(a) the payment of tax collected under Division II of Part V of Chapter X of the Ordinance or deducted under Division III of Part V of Chapter X or Chapter XII of the Ordinance;

(b) the payment of tax collected or deducted under Chapter XII of the Ordinance; and

(2) the payment of tax deducted under the Sixth Schedule to the Ordinance. (3) All amounts to which this rule applies that have been collected or deducted by, or on behalf of, the Government shall be paid to the credit of the Federal Government on the day the amount was collected or deducted.

(4) All amounts to which this rule applies (other than where sub-rule (2) applies) that have been collected or deducted by a person shall be paid to the credit of the Federal Government by remittance to the Government Treasury, an authorised branch of the State Bank of Pakistan or the National Bank of Pakistan within one week from the date the amount was collected or deducted. (5) The payment of any amount to which sub-rule (2) applies shall be accompanied by an income tax challan and the statement in respect of sub-rule (2) as under:-

STATEMENT OF DEDUCTION MADE FROM PAYMENT OF