Dadu returns often combine salary, farm income and a shop or mill. This page explains what each part of the return should show.
Salaried Persons
Enter salary and the tax deducted as shown on the salary certificate. Allowances that are exempt should be identified separately.
Agricultural Income
Crop income from your own land is entered as agricultural income. Keep the land record and sale receipts; provincial agricultural tax, where paid, is noted.
Mills and Traders
Profit is sales less purchases, power, wages, rent and depreciation, with stock counted at 30 June. Tax deducted by buyers and collected on electricity bills is credited.
Flood Losses
Business stock or equipment destroyed in a flood is written off with evidence. Houses and personal assets lost are reflected in the wealth statement as a reduction, with a note.
Wealth Statement
Land, houses, vehicles, gold and balances are listed, and the change over the year explained by income, relief received and losses.
Deadline
Returns are due by 30 September unless FBR extends the date; late filers pay a surcharge to rejoin the Active Taxpayers List.
Landowners Paying Sindh Agricultural Tax
Larger landholders in Dadu pay agricultural income tax to the Sindh government. That payment is noted in the federal return so the wealth statement shows where crop income went, but the crop income itself is not taxed again by FBR.
Also see tax consultant in Dadu and NTN registration in Dadu.
Frequently Asked Questions
How do I show a house destroyed in the flood?
Remove it from the wealth statement with a note explaining the loss.
Is relief money income?
Relief grants are generally not income but should be shown as receipts.
Can I claim tax on my mill's electricity bill?
Advance tax collected on commercial and industrial bills is generally credited.