Pakistan Today

Federal Board of Revenue gives relaxation in tax return form

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.

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