R CIIlOYIII of Sea«y (Detail. of Inrome IInd Ca pital AIBeb:) Ru~ ' " '

L.N. 8 of 1986

INCOME TAX ACT, 19.

(ACf NO. UV OF ' 948)

R CIIlOYIII of Sea«y (Detail. of Inrome IInd Ca pital AIBeb:) Ru~ ' " '

IN exercise of the powers con ferred by section 79 aDd subsection (4)

of section 4 of the Income Ta". Act. 1948. hereinafter referred to as "the

A ct", and f or the purposes of subsections (4) and (4A) of the said section

4, the Deputy Prime Mini ster and Minister of Finance and Otstoms has

made the following rulcs :-

I . These rul es ma y be cited 85 th e Removal of Se<:rrcy (Details of

Income and Capital Assets) Rules. 1986.

CParagrafu 2)

TaqJima I -

Dettalji la' 'Income'

W

Pro/tssjoni: Qliegll Gross. Spcjjei Mitluba, Profilli/ Tdf Nett;

(D) V okaafrJn/: Oliegh G ross. Spcjjet Mitluba. Profiu; ITelf Nelli

(Cl Ntgozju: Prolill Gross. Spejjd Mitluba, Profiui /Telf Nell;

(D) Stngfla : Dbul Gross, Spcjjd Milluba. Profi tli /TeLt Neui

Im p;,g: Salarj u Gross (maghduda Sahra. Allo ..... uflCts, e«.)

(E)

Ptnsjonl: Pensjoni Grossa minn Okkupaz;zjooi u mis-Sigurti Naz;zjonali

(F)

(G) D Mdtndi: Dividend i Grossi Lokali u Barnn;n

CH) M gflaxijiel BunklfTjUOflrojn: Mghaxijiel G rO&Si Lol:ali 1,1 Barranin

m

K ujid: Kerjiel Grossi u Nelli

(J) Onortuji/"Allowancts' la' MP. : Ammonl Grosa

(IQ 'Income' l eltor: Ammonl Gross (maghduda Kummissjonijiet. Income ta]-Mara,

ott.)

•

CA)

Propr;"ul/rnnwbbli: Urbana u RUI1IIi

In"~lliml"nti

(B)

Lokali u Bammio

(C) A ujonijiel j'Sotjm}: Numru, Valur Nomina l; u 1-V.IUT Nominal; Totali ta '

Aujonijiet Lokalj u Karrnnin

(D) AlII" ta' N egozju: EstnuI mill-na/ance Shut

Jew Il-Ka pilal imllallas u R iservi

Jew Il-Ka pilai impjegat fin-Negozju

(EJ AlIiv l e!lOT: Polu la' Assigurazztoni, Vitalizj i u kun Alii" ichor li ma jaqa:< tall t

li wiehed minn dawk Ill' !lawn fuq .

IT-TrENt SKEDA

(Paragrafu 3)

Taqstma I _ Ddhdji ta ' ' In(ome'

W

ProkssjorU

Lm

Qlieg.h Gross

Lm

Spcj;ct midI/bit

Lm

Profiu fTeH Nett (')

Vokaujoni

(8)

Oliegb Gross

Lm

Lm

Spejje2 mitluba

Lm

Protitl l Telf Nett \')

",

Nl"gczju C')

to

dii)

(ii)

Lm

Lm

Lm

!>roti" Gross

Lm

Lm

Lm

Spcjjet mitluba

Lm

Lm

Lm

Profill /TelfNett ('I

' D) Sengha (.)

to

(iii)

(ill

Lm

Lm

Lm

Ollul Gross

Lm

Lm

Lm

Spcjjet mitluba

Lm

Lm

Lm

Profin /Telf Nett t')

Imp~g

(I)

(E)

Salarju Gr()Q; (maghduda Sahra,

Lm

A llow<IIICU, e(t)

(F)

Pensjoni

Lm

Pen sjon; Gros511 minn Okkupazzjoni

Lm

Pensjon; Grossa mis-Sigurtll. Nazzjonali

Divilkndi

,G)

Lm

D ividendi G ros.si Lokali

Lm

D ividendi Grossi Bamm in

M gllaxijiet Bonkarj/ I Ollrajn

(H)

Lm

Mghaxijict Gross; l..ot:ali

Lm

Mgnaxijiet Gr05Si BalT3nin

ID

K~r/jd (')

Kcrjiet Grossi

Lm

Lm

Kcrjiel Nett;

OTlO'arji /' Allowanuz' 10' M .P.

(1)

Lm

Ammon! Gross

' Incom~'

Idor

(IQ

Amman! G r055 lm.agMuda KummiujoDi.

jict. Income tai.Mara. «t.)

Lm

(11 Warn li jitq iesu t-Iclf u klllowanc .. .r hpitali tollha mitjut. 'I quddiem.

(.) KolOllni teparati juru r iful!ati glial linji different; ta' negozju / sengl'la.

(I) Gtlejjun different ; ta' mpieg "'hole-lime u parr.time qcglldin in lrJuti fis-salarju

""".

(.)

Id-differenza bejo kerjiel gross; u i::erjic\ Relli tirrapp<"Cttma tnus, pitijicl u

mgbuijie\ fuq .self.

TaqlA1II3 TI _

Ik"a~i ta' Attlv Kapltlll

Propr/eu) ImmobbU (' I

(A}

Urbana

Rurali

Investimtnti (")

{DJ

Lohli

BamlDin

A u.;onljlct f'SOCje/d

(C)

(iii)

(iD

(1)

Lotali

Numru ta' azzjonijiet (»

Valur nominali la' Hlu.jonijic\ (.)

V.hIT nominali tota li ta' H1Z)onijicl t·)

(vi)

(iv)

Numru ta' aujonijiet (.)

ValuT nom inali la' l..azzjonijiet (.)

Value nominali lotali ta' l-aujonij jet 1'1

Oil

(iii)

"

Barr&nin

Numru ta' alljonijiel (' )

V.lur nominali ta' I-azzjonijiel ('I

Valur nominali totali la'l-azzjonijiet (')

AI/Iv ta' N~gorJll

(D)

£Strait milIoB"lalfCCt' Shut

Jew Il·Kapital imllallas u Ritervi

Jew

I!-Ka pital impjegat rin-Negozju

Alii" I dor

(E)

ill Polzi la' assiguraujoni

Vitalizj i

(iij

mi)

Kill! alliy ichor 1i ma jaqax tallt xi wicl'led minn daw.ir.

ta' hawn (uq.

Urbana - Indirin u gI'IaJ :o;'hiex tilltuta 1-proprjetll.

(')

R ural; - Desl;rinjooi bin tigi ideoti fikata se_a billi jinghata J·isem tal·\okalit1t

u jinghataw il-qisien.

(') T inklud i K if lil sOCletajiet minD azzjonilti l dircnuri.

P) 11-1::0100111 juru n·Dumru ta' j'BUjOnijiel U '·yalur nominali ta' j·aujonijiel f'socjC>-

tajiet differenti. Klassijiet differen t; ta' anjonij iet n-i5!~ sotjetl buma mii-

burin flimkien.

(.) Il·kolonni jurI! l-valur nominal; total; ta' aujonijicl fis-soejetajiel <iiUermti Ii

tagbhom it-!tupayer ikun sotju.

The deta ils of income and capital a,s.:I! to which the provisions

of se<:tion 4 of the Act in regard to secrecy shall not apply in terms of

5ubse<:lion (4) of the said section 4 shall be those tontained in the First

Schedule to these rules.

The statement 10 be submiued in accordance with paragraph (a) PruC"ribtd

and any information to be give n in accordance with paragraph (b) of form of

subsection (4A) o f section 4 of the Act shall be in Ihe form sel oul in the . ... ten><nt

Second Sched ule 10 these rules.

Paragraphs 2 and 3 of these rules shall apply to details of inoome A J>I>I ic:o.biJity.

and capi tal assets oontained in any return filed in aC(:ordance with

sections 37 (1) and 37A of the Act in respect of any year of asse!;Sment

commencing on or a fter the 1st January. 1984.

FIRSf SCHEDULE

(Pal1lgnph 2)

Profession: Gross Earnings. Expenses Cla imed, Net Profits / U!s.ses

Vocation : Gross Earnings, Expenses Qaimed, Net Profits / U!s.ses

Business: Gross Profi t. Expenses Claimed. Net Profits / U!s.ses

Trade: Gross T akings, Expenses O aimed, Net Profits / Lossai

(0)

Employment: Gross Salary (including Overtime. ADQII,'8nces. e tc.)

Pension : Gross Occupationa l and National Insurance Pension

DlvlderuJs: Gross Local and Foreign Dividends

Bank/O/her rn/eres/s: Gross Local and Foreign IntereSlS

Rents: Gross and Net Rents

M .P, Horwrario / AlloM'ollces: Gross Amount

Other Income: Gross Amountliocluding Comm issions, Wife's Income, etc.)

B

..

Part n _ IHtaih of C.p;nl A_ts

Immovable Property: Urban and R ural

lA)

Inl'tstrMnts: Loca l aDd Foreign

(8)

(0

Company Sh(Jl'ts : Number, Nominal Value and T Olal Nominal Value of Local

and Foreign Shares

Business A sstts: Abslnact from Balance Sheet

(0)

Either Paid Up Capital plus Reserves

Or

Capilal Employed in the Business

(E) Other A S5<!IS : Insurance Policies, Annu ities and any other assel not fallins under

the above.

SECOND SCHE.DULE

(paragrapb 3)

Part I - Dflail5 or IlItome

W

ProfeJS/on

Lm

Gross Earnings

Lm

Expenses claimed

Lm

Net Profitl Loss (')

Vocation

(8)

Lm

G ross Earnings

Lm

fupenses claimed

Lm

Net Profit / Loss (1)

Business (I)

(0

(ii i)

'"

(ij)

Lm

Lm

Lm

Gross Profit

Lm

Lm

Lm

&penses claimed

Lm

Lm

Net Profit/ L<lss (' 1

Lm

Trade (")

(0)

Hii)

ID

(iD

Lm

Lm

Lm

Gross tak ings

Lm

Lm

Lm

Expenses claimed

Lm

Lm

Lm

Net Profit / Loss I'l

Employment (' )

(E)

Gross Salary (iocluding Qven ime,

Lm

AllowaDce5. etc.)

Pension

(F1

Lm

Gross Occupational Pension

Lm

Gross N.I. Pension

(0)

Dividends

Lm

Gross Local Dividends

Lm

Gross Fon:ign Dividends

(IIJ

B(Ulk fOlher I merests

G ross Local Interests

Lm

Lm

Gross Foreign Interests

m

Rents t·)

Lm

Gross Rents

Lm

Net RcnlS

U)

MP. HonortlTia/ ADowQllus

Lm

Gross Amount

Olher Income

(K )

Gross Atnount (including Commissions.

Wife's Income, etc.)

Lm

('I

After all losses and capital allowances brought forward have been taken into

~"'

(') Separate columns dlo ... results for di fferent lines of business / tnldc.

(.) DiffereD! sources of whole-time and part-time employment are included in gross

mJuy.

C') Difference between gr05S and net rents represents ground rents, burthens and

interests OD loons.

Part 11 - Betal .. of Capital A.u

W

Jm movab~ Property <'I

Urban

R~l

CB) Investments (t)

Loal

Foreign

(a Company SharQ

Gi)

(iii)

Local

N um ber of shares (0)

Nominal value of shares C·)

Total nominal value of shares (.)

(iv)

Number of sbares C')

Nominal va lue of shares t·)

T otal nomina l value of shares t·)

ill

Foreign

Number of shares C')

Nominal va lue of shares t·)

Total nominal value of shares C')

Busin~ss A.ssets

(0)

Abstract from Balance Sheet

Eilhu Paid up capila l plus reserves

0,

Ca pita l em ployed in the busiDCS$

Other Assets

I nsurance policies

(i)

(ill Annuities

Any o ther asset Dot falling under the above

(iii)

Urban - address and use to which the propeny is PUL

Rural - description to enable ils proper identification by nam ing locality and

giving area.

Includes shareholdt rs' / dirtttors' loans 10 companies.

Columns show nu mber of $harel Bnd nominal value of shares in different com-

pan ies. Holdings of d ifferent classes of shares in the same OOIDpllny are grouped

together.

Columns show the loud nominal val ue of shares in the different companies in

wh ich taxpayer has a holding.

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