FBR Member IR submits his tax return along with Annex-D

Federal Board of Revenue Member Inland Revenue Shahid Hussain Asad has submitted his income tax return form along with Annex-D to give details of personal expenditure for Tax Year 2011. It is learnt here on Tuesday that the FBR Member Inland Revenue and Director General Intelligence and Investigation Inland Revenue has also submitted the Annex-D (Details of Personal Expenses for Individual) including personal and household expenses.
This disclosure of the details of expenditure by a senior Grade-21 official of the FBR is an example for all government officials to honestly disclose the details of expenditure as required under the Annex-D of the income tax return form. It is also a requirement under the law to submit details of the expenditure as per new income tax return form.
Shahid Hussain Asad has taken the initiative to submit complete details of his personal expenditure with the return form, which has also encouraged other senior officials of FBR to follow the same. If the tax managers are ready to disclose their personal expenditure, the other government officials have to follow the law to submit this information as required under the law. The persons who are liable to file returns in the private sector have to follow the same procedure.
The income tax return-filers would have to provide details of personal expenditure of residence electricity bills, residence telephone/mobile/internet bills, residence gas bills, residence rent/ground rent/property tax/fire insurance/security services/water bills, education of children/spouse/self, travelling (foreign and local), motor vehicle in use (whether owned or not) running and maintenance including lease rentals and insured, Club membership fees/bills, total personal expenses and number of family members/dependants, etc.