4. Form of application for registration of firms

4.   Form of application.—

     The Application referred to in rule 3 shall be made in the form annexed to this rules and shall be signed and verified by all the partners (not being minors) personally and by the legal representative of any partner who is deceased.

Form of application for registration of a firm under section 111(2) of the Income Tax
                                                      Ordinance,1984
To
The Deputy Commissioner of taxes,
Date………………
Assessment year……..
        Name of the Firm
        Address:
1.   We hereby apply for registration of our firm under section 111(2) of the Income Tax
      Ordinance,1984 (XXXVI of 1984), for the assessment year……….
2.   A certified copy of the instrument of partnership by which the firm is constituted
      together with a copy thereof is enclosed. The required particulars are given in the
      attached schedule.
3.   We do hereby certify that the profits( or loss) of the income year ending on……. Have
      been divided among or credited (and in the case of lose, debite) to the accounts of partners as shown in the attached schedule. 9and in the case shown in the attached Schedule.
      Names of partners and addresses:

(1)……………….        (Signatures)                  (1)……………….
(2)……………...                                                   (2)……………...
(3)……………...                                                   (3)……………...
(4)………………                                                   (4)………………


                                                   VERIFICATION
We declare that to the best of our knowledge and belief the information given in the above declaration is correct and complete.
                     Signature of partners: (1)……………….
                                                     (2)……………...
                                                     (3)……………...
                                                     (4)………………
Note:-This application and the verification must be signed by all the partners (not being minors) and by the legal representative of any deceased partner.

                                                   THE SCHEDULE
Particulars of apportionment of income, profits and gains (or loss) of the business of profession in the income year ending on…………….. between the partners who
were entitled to share in such income,

                                                     Profits and gains (or loss).

Notes— (1) If the interest salary, commission/or other remuneration is payable or allowable

                if only there are sufficient profits available, this fact should be noted against the   

               appropriate item in the Remarks column.                   

          (2)  Where any partner is entitled to share in the profits but not liable to bear a similar

                proportion of any losses, this fact should be noted in the Remarks column.

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