111(1) (Notice to explain Income / asset)
Please refer to above.
1. You have declared income including exempt and FTR at Rs. 3,017,483/- for the tax year under consideration whereas amount of the credit entries in the bank accounts maintained by you are as under:-r.A/c No. Name of Bank(branch) Amount of credit entries
01. 30085X9XX2 NBP Rs. 3,487,671/-
02. 0113XXXX12012 Albaraka Bank Rs. 5,542,684/-
Total Rs. 9,030,355/-
You are requested to please explain the nature & source of Rs. 9,030,355/- (-) Rs. 3,017,483/- (=) Rs. 6,012,872/-. Please note that in case of non-compliance or unsatisfactory reply, the said amount will be added in your taxable income under the head income from other source u/s 111(1) (a) of the Income Tax Ordinance, 2001.
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