This document is a tax return for retailers with a turnover less than Rs 10 million filed voluntarily for the complete year. It includes details on business turnover, cost of sales, opening and closing stock, purchases, and other direct expenses. Personal expenses such as rent, vehicle running/maintenance, electricity, water, gas, telephone, asset insurance/security, medical, educational, club, functions/gatherings, donation, zakat, annuity, profit on debt, life insurance premium, etc. are also listed. Additionally, the document provides information on personal assets and liabilities such as agricultural property, commercial, industrial, residential property (non-business), business capital, equipment (non-business), animal (non-business), investment (non-business), debt (non-business), motor vehicle (non-business), precious possession, household effects, cash (non-business), any other asset, assets in others' name, total assets inside Pakistan, and total assets held outside Pakistan. The document also includes a reconciliation of net assets with figures for the current year and previous year, as well as increases/decreases in assets, inflows, outflows, unreconciled amount, and assets transferred/sold/gifted/donated during the year.
Pakistan Income Tax Return Form for Retailers is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
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