Kamalia returns usually combine cloth trading or weaving with farm income and salaries. This page explains how each part is reported.
Cloth Merchants
A merchant's return shows sales to shops and retailers, purchases of cloth and yarn, finishing and dyeing charges, packing, freight, shop rent and staff wages. Bales unsold at 30 June are closing stock, valued at cost. Where retailers withhold tax on payments, those deductions are listed and claimed.
Power-Loom Owners
Loom owners show cloth sales or weaving charges against yarn, electricity, wages, sizing and repairs, with looms depreciated. Advance tax charged on industrial electricity bills is claimed month by month. Figures should match any sales tax returns filed.
Online Sellers
The marketplace or gateway statement is the sales record. Courier charges, returned parcels, packaging, photography and online advertising are expenses.
Arhtis
Commission less shop expenses is income, and loans to farmers are receivables.
Farm Families
Crop income from family land is agricultural, outside federal tax.
Wealth Statement
Looms, sheds, shops, land, vehicles, stock, receivables and bank balances are listed, with the year's increase explained.
Wage Weavers
Weavers paid by the piece or by the metre by a merchant report that as income from work. Where it is below the taxable threshold no tax is due, but a return may still be filed to get onto the Active Taxpayers List, which lowers advance tax on a motorcycle or plot purchase.
Dyeing and Finishing Units
Units that dye, print and finish khaddar for merchants charge processing fees. Their return shows those fees against dyes, chemicals, gas, electricity and labour. Waste water treatment, where required, is a business cost.
Also see tax consultant in Kamalia and NTN registration in Kamalia.
Frequently Asked Questions
Is unsold cloth at year end counted?
Yes, as closing stock at cost.
Are online advertising costs deductible?
Yes, as business expenses.
Can I claim tax on my loom shed's electricity bill?
Advance tax on industrial bills is generally adjustable.