RETURN OF TOTAL INCOME/STATEMENT OF FINAL TAXATION

UNDER THE INCOME TAX ORDINANCE, 2001 (FOR COMPANY)

1 2 3 4 5 6

IT-1
N 20070000018817011 NTN Tax Year Res. Status Revised N Assessed N
Percentage

CHERWEL PHARMACEUTICALS (PVT) LTD Name M/S CHERWEL PHARMACEUTICAL (PVT) LTD. Business Name PESHAWAR Business Address H# 21, ST# 2, SECTOR G-2, PHASE-2 HAYATABAD PESHAWAR, PESH City Nature of Business Sector Process Product Representative Year Ending 03-06-2007 NTN Name ANWAR ULLAH
NTN Top 10 Share Holder's Name Remaining Share Holders Percentage 100 Capital
50,000

2666406

2007
Resident

NTN

Top 10 Share Holder's Name

Capital

Total

100%

50,000

Item 7 Net Sales 8 . 9 . 10 . 11 . 12 . 14 . 15 . 16 . 17 . 18 . 19 . 20 . 21 . 22 . 23 . 24 . 25 . 26 . 27 . 28 . Gross Domestic Sales Domestic Commission/Brokerage Gross Exports Foreign Commission/Brokerage Rebates/Duty Drawbacks Local Raw Material/ Components Imported Raw Material/ Components Salaries,Wages Power Fuel Stores/Spares Insurance Repair & Maintenance Other Expenses Accounting Amortization Accounting Depreciation Opening Stock Finished Goods Purchs (Local) Finished Goods Purchases (Imports) Closing Stock

Code 3101 31011 31021 31012 31022 3107 3116 310411 310421 311101 311102 311103 311106 311107 311108 311118 3114 3115 3117 310412 310422 3118 3119 3139 31311 31312 31313 31314 31315 3135 3136 3131 3189 3141 3144 3145 3148 3154 3153 3155 3157 3159 3160 3161 3163 3177 3179 3185 3186 3187 3188 31811 31812 31813 31821 31822 31080 3170 3190

Amount
95 Capital 96 . 97 . 98 . 99 . 101 . 102 . 104 . 105 . Paid-up Capital Reserves Accumulated Profits Surplus on Revaluation Long Term Loans Deferred Liabilities Trade & Other Payables Short Term Loans

Liabilities

Code
8699 8621 8641 8661 8671 8799 8701 8711 8899 8801 8821 8901 8999

Amount
4,197,999 50,000 4,500,000 -352,001

100 Long Term Liabilities

13 Cost of Sales

103 Current Liabilities

2,178,536 2,178,536

106 Other Liabilities 107 Total Capital & Liabilities

6,376,535

Assets 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 Sr
126 352,000 127 128 54,000 129 Dividend 130 131 132 Royalties/Fees 133 134 Contracts (Non-Resident) 135 Supply of Goods 136 137 138 Contracts (Resident) 139 140 Exports/ Indenting 141 Comm./Export Services 142 143 144 Foreign Indenting Commission 298,000 145 Property Income 146 Prizes 147 Winnings 148 Petroleum Commission 149 Brokerage/Commission 150 Advertising Commission 151 Stock Exchange Commission 152 Goods Transport Vehicles -352,000 153 Total

Code

Amount
6,329,332 2,905,583 1,509,413 1,854,096

29 Gross Profit/ (Loss) 30 Gross Receipts 31 . Markup/Interest (for Financial Institutions) 32 . 33 . 34 . 35 . 36 . 37 . Leasing Oil & Gas Exploration Telecommunication Insurance Accounting Gain on Disposal of Intangibles Accounting Gain on Disposal of Assets

Fixed Assets 8199 . Land 8101 . Building 8111 . Plant & Machinery 812101 . Capital Work-in-Progress 8181 . Motor Vehicles 8131 . Office Equipment 812109 . Furniture & Fixtures 812103 Current Assets 8299 . Investments 8251 . Cash & Cash Equivalents 8201 . Stock in Trade/Stores/Spares 8221 . Trade Receivables 8231 . Advances/Deposits/Prepayments/Other Receivables 8241 Intangible assets 8401 Other Assets 8402 Total Assets 8499 Source Code Receipt/Value Rate Code
64011 64012 64013 64014 64031 64032 64033 640511 640512 640521 640611 640612 640613 640631 640632 64071 64072 64073 64074 64075 64081 64091 64092 64101 64121 64122 64131 64141 6 1 2 3 5 10 7.5 15 0 6 3.5 1.5 0 6 0 0.75 1 1.25 1.5 5 0 10 20 10 10 5 0.01 0 0 65011 65012 65013 65014 65031 65032 65033 650511 650512 650521 650611 650612 650613 650631 650632 65071 65072 65073 65074 65075 65081 65091 65092 65101 65121 65122 65131 65141 6599

60,240

47,203

35,490

11,713

6,376,535

Tax Due

125 Imports

38 . Other Revenues/ Fee/ Charges for Services etc. 39 Management,Administrative,Selling & Financial expenses 40 . 41 . 42 . 43 . 44 . 45 . 46 . 47 . 48 . 49 . 50 . 51 . 52 . 53 . 54 . 55 . 56 . 57 . 58 . 59 . 60 . 61 . 62 . 63 . Rent/ Rates/ Taxes Salaries & Wages Travelling/ Conveyance Electricity/ Water/ Gas Communication Charges Repairs & Maintenance Stationery/ Office Supplies Advertisement/ Publicity/ Promotion Insurance Professional Charges Profits on Debts (Markup/Interest) Donations Directors Fee Workers Profit Participation Fund Loss on Disposal of Intangibles Loss on Disposal of Assets Accounting Amortization Accounting Depreciation Bad Debts Provision Obsolete Stocks/Stores/Spares Provision Diminution in Value of Investments Provision Bad Debts Written Off Obsolete Stocks/Stores/Spares Written Off

Selling expenses(Freight outwards etc.) 64 . Others 65 Net Profit/ (Loss)

Signatures

Sr Items 66 Inadmissible Expenses 67 . Tax Gain on disposal of Intangibles 68 . 69 . Tax Gain on disposal of Assests Other Inadmissible Expenses 70 Admissible Deductions 71 . Tax Amortization 72 . 73 . Tax Depreciation Other Admissible Deductions

Code 3191 319135 319136 319198 3192 319287 319288 319298 3199 3901 3902 3990 Code 9099 3999 312019 312029 4999 5999 6399 9139 9121 9122 9124 9199 6199 6102 6103 6104 6105

Amount

Sr Source

Code Receipt/Value Rate Code

920235 1 920208 9202

Tax Due

154 Property Income Not Subject to 210101 WHT 155 Purchase of Locally Produced Edible 310431 Oil 156 Total 157 Total of Final & Fixed Tax 158 Tax Paid/ Deducted 159 Tax Payable/ Refundable to be transferred to Net Tax Payable 160 Gross Tax 161 Tax Reductions, Credits & Averaging 162 163 Business Turnover Minimum Tax Mimimum Tax Exemptions/ Reductions @

94591 6699 0 9201 9249 310101 0.5 % 920201 9217 9497 6598 9203 9299

74 Income/(Loss) relating to receipts sbj to Final/Fixed tax 75 Loss for the year surrendered to Holding Company 76 Loss acquired from Subsidiary Company and Adjusted 77 Brought Fwd. Loss Adjs./(Loss for the year Carry Fwd.) Sr Items 78 Total Income/ (Loss) 79 . Business Income/(Loss) 80 . 81 . 82 . 83 . Share from AOP (Untaxed) Share from AOP (Taxed) Capital Gains Other Sources Inc / (Loss)

Amount
-352,000 -352,000 164 165 Adjustment of Minimum Tax 166 167 168 Final Tax on Business Turnover Net Minimum Tax payable Net Tax

169 Tax Already Paid Including Adjustments 170 Net Tax Payable 171 Tax Paid as per CPR No. 9999 9471 0

84 . Foreign Income/ (Loss) 85 Deductible Allowances 86 . 87 . Zakat Workers Welfare Fund

88 Charitable Donations Admissible for Straight Dedc. 89 Taxable Income/ (Loss) 90 Exempt Income 91 . Property Income 92 . 93 . 94 . Business Income Capital Gains Other Sources Inc / (Loss)

172 Net Tax Refundable; may be credited to my bank account as under: -352,000

9999

173 Bank 174 175 Branch Name & Code A/C Number

1430113352049 holder of CNIC , in my capacity as Principal Officer / Trustee / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge and belief the information given in this Return/Statement u/s 115(4) is correct, complete and in accordance with the provisions of the Income Tax Ordinance, 2001, Income Tax Rules, 2002, and the Companies Ordinance 1984.

I, anwarullah

Date :

09/03/2010

(dd/mm/yy)

Signatures

[ eFBR Portal ]

ITRROA-002007-364894

[ RTO PESHAWAR

Status: Submitted

(09/03/2010 )

UID: 9799907402114 ]