Can I claim "Advance Tax" paid on purchase of new vehicle

[tanveer131]

Assalam o alaikum,
I have purchased new Honda City 1500cc which was delivered to me in February 2019. I have paid 50000 Rupees on account of Advance Tax of filer. While filing tax, I found that FBR adjust Advance Tax with your income tax. I searched every where on iris website but couldn't find any column related to it. can anyone please help me to find where should I input this 50k advance tax on FBR website.
Jazak Allah

[fastian04]

Yes u can claim. It can be done via it-3 form or via claiming credit in filed return if its from previous year

[capsat]

when you access the IRIS and select Normal Return

this the page where you can claim advance tax payment adjustments

[tanveer131]

`Thanks a lot for your help. One thing I need to ask, according to my understanding I have entered "Income tax" which I paid with the token tax during car registration which was 2500PKR. If I have to put Advance tax in these boxes then where should I put Income tax? As my understanding Advance tax and Income tax are not exactly same.
Kindly help
Jazak Allah

[capsat]

with holding tax ( WHT ) paid at time of registration / transfer is adjustable in annual tax return.
if tax is paid in february 2019, you can adjust it in FY year July 2018 - June 2019.

the excise road tax ( aka token tax ) is provincial ambit and can not be claimed or adjusted.

[tanveer131]

You mean With Holding tax and Advance tax are same? Actually I am not claiming full token tax but if you see break down of fee paid at the time of token tax, there is a fee under the name of income tax, which I already have paid, because of the name income tax I thought it should be adjusted.

[capsat]

true that INCOME TAX entry must be having a U/S xxx mentioned over the payment challan, and that can be claimed in adjustments

U/S xx (x)= under section xx (x)

[capsat]

`Thanks a lot for your help.

Hal jaza ul ihsan illal ihsan
ھل جزا الاحسان الا الاحسان,

@hanifbhatti thank you

[tariqazama]

When u file and submitt the return. After this also file application for refund under section 170. And at time of refund fbr require cpr of tax payment. So contact your Honda dealer and collect ur cpr .without cpr ur claim for refund will b rejected

[capsat]

Finance Bill (2019-20), Advance tax on private motor vehicles.-

(1) Every motor vehicle registering authority of Excise and Taxation Department shall collect advance tax at the time of registration of a new locally manufactured motor vehicle, at the rates specified in Division VII of Part IV of the First Schedule.

(2) Every motor vehicle registering authority of Excise and Taxation Department shall collect advance tax at the time of transfer of registration or ownership of a private motor vehicle, at the rates specified in Division VII of Part IV of the First Schedule.

(3) Every manufacturer of a motor car or jeep shall collect, at the time of sale of a motor car or jeep, advance tax at the rate specified in Division VII of Part IV of the First Schedule from the person to whom such sale is made.

(4) Sub-section (1) shall not apply if a person produces evidence that tax under sub-section (2) in case of a locally manufactured vehicle or tax under section 148 in the case of imported vehicle was collected from the same person in respect of the same vehicle.

(5) The advance tax collected under this section shall be adjustable

adjustable advance income tax collected with Motor Vehicle Tax from private cars under section 234
--

if the vehicle is booked by ADAM & ADAM registering it with the excise he does not have to pay WHT as it has already been paid at time of booking, manufacturer provides the evidence of tax collection in this respect.

However advance tax ( wht ) has to be paid by the buyer of motor vehicle paying non-documented premium for delivery of vehicles. , or buying an imported vehicle

[shujabadi]

Tax with purchase/transfer = 231B
Tax with token = 234

[Retaliator]

Tax with purchase/transfer = 231BTax with token = 234

There is a third type of advance income tax that is paid at the dealership while purchasing a car (read booking), which is also mentioned on the invoice of the car. Kindly let me know where it is entered. It is also mentioned on the PBO.

@capsat @shujabadi

E.g. i have paid 1625k for purchase of Alto at the time of booking. this includes 15k of advanced income tax.
2) when i register the car i pay 38.7k for registration, smart card, token which includes 10k as advance income tax.

So shud i used 231B field and declare that i have paid advance income tax as 25k (10+25)k on receipt of value 1663.7k (1625+38.7)k?

[capsat]

you need to carefully read (as in tax ??% under so & so) the section clause for 231B to calculate & save before submission of return

[Retaliator]

you are right. on sale invoice it was written 231B (3) for the AIT paid for booking the car, hence it should entered in that field.
For registration and token take AIT has to be entered in 234.