meela
Member
- Joined
- Aug 7, 2010
- Member Type
- Student or Learner
- Native Language
- Urdu
- Home Country
- Pakistan
- Current Location
- Pakistan
Please advise if it is correct or not.
I am in receipt your notice reference # 2/82 dated 29-01-2000 regarding the non filing of Income tax return for the tax year 2001, I would like to say that I regularly my pay taxes and yearly file my income tax did not fail to do so. The income tax acknowledgement is being enclosed for your information.
My main income for the tax year 2001 were profit on PLS account(Bank) and dividend income from public limited companies which was below to Rs.100,000/-. It was mandatory for the tax payer who earned Rs.100,000/- or more should be filed their wealth tax statement alsongwith wealth reconciliation statement. So I was not liable to submit wealth tax statement, so that reason you did know what has been added and deleted in my wealth during the year 2001.
Please note that my old car was total damaged in an accident subsequently filed the claim to insurance company and received the claim amount. The car (new) was purchased that amount I received from insurance company and some short fall injected from my source. So there is no new acquisition of car but a trade in with my old car. So therefore I have no intention to conceal any things from you now nor in the past and will in future, the caption matter in deal under the head of trade in not a new acquisition because I received the amount against our lost car and replace it with new one.
I hope it will be clarify the quires
I am in receipt your notice reference # 2/82 dated 29-01-2000 regarding the non filing of Income tax return for the tax year 2001, I would like to say that I regularly my pay taxes and yearly file my income tax did not fail to do so. The income tax acknowledgement is being enclosed for your information.
My main income for the tax year 2001 were profit on PLS account(Bank) and dividend income from public limited companies which was below to Rs.100,000/-. It was mandatory for the tax payer who earned Rs.100,000/- or more should be filed their wealth tax statement alsongwith wealth reconciliation statement. So I was not liable to submit wealth tax statement, so that reason you did know what has been added and deleted in my wealth during the year 2001.
Please note that my old car was total damaged in an accident subsequently filed the claim to insurance company and received the claim amount. The car (new) was purchased that amount I received from insurance company and some short fall injected from my source. So there is no new acquisition of car but a trade in with my old car. So therefore I have no intention to conceal any things from you now nor in the past and will in future, the caption matter in deal under the head of trade in not a new acquisition because I received the amount against our lost car and replace it with new one.
I hope it will be clarify the quires
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