Federal Board of Revenue (FBR), on the reservations and apprehensions of its tax payers, has given relaxation by amendments in Annexure-D to the tax return form for the tax year 2011. FBR on Friday has issued a Circular No. 18 of 2011 (Income Tax), regarding amendments in Annexure-D to the tax return form for the tax year 2011 under which breakup of “Education of children, spouse and him/her-self and traveling (foreign and local)” is made optional which can be included in Sr-9.
Amendments include motor vehicle in use (whether owned or not) running and maintenance including lease rental and insurance” is simplified as, “Running and maintenance expenses of motor vehicle(s) and a new line has been provided to write the contribution by family members.
