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INLAND REVENUE DEPARTMENT IN

I ANY COMMUNICATION PLEASE QUOTE
Revenue Tower, 5 Gloucester Road, Wan Chai, Hong Kong. THE FILE NUMBER BELOW
G.P.O. Box 132, Hong Kong.
Web site: www.ird.gov.hk File No.: 6E1- M5603922(N)O
6E1 922 稅務編號): 408 961 3110
TIN (稅務編號
稅務編號
To: MR. GANATRA, MONIT (For eTAX login only)
C/O ICICI BANK LIMITED Charge No.: 9-1914230-19-5
RM 1504B-1506 15/F
INTERNATIONAL COMMERCE CENTRE Shroff A/C No.: 9-1914230-19-5
1 AUSTIN ROAD WEST TST
KL Telephone No.: 2594 2595
(Enquiry on assessment)
Fax No.: 2877 1232
Date of Issue: 13 MAR 2020
S/N: 0009572

6E9-57502-19/20
SALARIES TAX
Assessment Demanding Final Tax for 2018/19 and Notice for Payment of Provisional Tax for 2019/20

We have assessed you based on the tax return you filed.

$ Your rights:
Final tax payable for 2018/19 121,543 1. Objection –
(see computation on next page) If you wish to object to this
Less: Net provisional tax charged for 2018/19 123,772
----------------- assessment, you must give us
Balance of tax repayable 2,229 written notice stating precisely the
Less: Provisional tax for 2019/20 141,543 grounds of objection. We must
----------------- receive your written objection notice
Total tax payable 139,314 within 1 month after the date of this
========== notice of assessment. Even if you
The total tax payable is due on 27 APR 2020 object, you must still pay the tax due
but we will accept payment of tax by two instalments as follows: unless we agree to hold over the tax.
1st instalment to be paid no later than 27 APR 2020 103,928
2nd instalment to be paid no later than 12 JUN 2020 35,386 2. Holding over of provisional tax –
-----------------
139,314 If you wish to apply for a holdover of
========== provisional tax, you must do so on or
before 30 MAR 2020 . Please
also see next page.

The first instalment is the balance of the final tax payable (if any) plus 75% of the provisional tax due. The second instalment is 25%
of the provisional tax due.

If you do not fully pay the 1st instalment of tax by the date shown, the total remaining balance including the 2nd instalment will be in
default. If the 1st instalment of tax is duly paid but the 2nd instalment of tax is not paid by the date shown, the amount unpaid will be
in default. In either case, an initial surcharge of up to 5% of the amount in default will be imposed. If you do not fully pay the tax and
the initial surcharge, if any, within 6 months from such date, a further surcharge of up to 10% of the total amount in default will be
imposed.

If any tax is not paid by the due date shown, we may take immediate action to recover the outstanding tax (if you have question
concerning payment, please telephone 187 8033).

WONG KUEN-FAI
Commissioner of Inland Revenue

Please refer to the attached payment voucher when making payment

I.R.C.6401(3/2009) 如需本通知書的中文版，請致電(187 8088)或傳真(2877 1232)與本局聯絡。

The Chinese version of this notice may be obtained by contacting
this Department by phone (187 8088) or fax (2877 1232).
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9-1914230-19-5
SALARIES TAX COMPUTATION
2018/19 (Final) 2019/20 (Provisional)
$ $ $ $
Income 1,442,489 1,442,489 1,442,489 1,442,489
----------------- -----------------
Less: Allowances
Basic/Married person's 264,000 264,000
Child 240,000 504,000 240,000 504,000
----------------- ----------------- ----------------- -----------------
Net chargeable income 938,489 938,489
========== ==========
Tax at progressive rates
First $50,000 @ 2% 1,000.00 First $50,000 @ 2% 1,000.00
Next $50,000 @ 6% 3,000.00 Next $50,000 @ 6% 3,000.00
Next $50,000 @ 10% 5,000.00 Next $50,000 @ 10% 5,000.00
Next $50,000 @ 14% 7,000.00 Next $50,000 @ 14% 7,000.00
Remainder $738,489 @ 17% 125,543.13 Remainder $738,489 @ 17% 125,543.13
---------------------- ----------------------
141,543 141,543
Less: Tax reduction, capped at 20,000
----------------------
Tax payable 121,543 141,543
============= =============

Standard rate not applied as the tax amount will be higher.

$1,442,489 @ 15% 216,373 $1,442,489 @ 15% 216,373
Less: Tax reduction, capped at 20,000
----------------------
Tax thereon 196,373 216,373
============= =============

Assessor's Notes

AA
Note:
1. Holding over of provisional tax
You may apply in writing for holding over some or all of your provisional tax in the following circumstances:
a) you are entitled to any allowance that we have not taken into account in arriving at your provisional tax;
b) your net chargeable income for the year of assessment 2019/20 is, or is likely to be, less than 90% of the net chargeable income for the
previous year, or less than 90% of the estimated sum on which we charged provisional tax; or
c) you ceased or will cease to earn income subject to salaries tax before the end of 31 March 2020.

2. Useful forms can be obtained from our web site <www.ird.gov.hk> or 'Fax-A-Form' Service (2598 6001). CRC
201B
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SALARIES TAX
MR. GANATRA, MONIT
C/O ICICI BANK LIMITED 6E1- M5603922(N)O
RM 1504B-1506 15/F
INTERNATIONAL COMMERCE CENTRE 13 MAR 2020
1 AUSTIN ROAD WEST TST
KL $35,386
12 JUN 2020
9-1914230-19-5

91914230195

83078201000000035386000291914230190540
"FPS" Payment

9-1914230-19-5 201B
6E1- M5603922(N)O 35,386 12 JUN 2020 「轉數快」繳費

SALARIES TAX
MR. GANATRA, MONIT
C/O ICICI BANK LIMITED 6E1- M5603922(N)O
RM 1504B-1506 15/F
INTERNATIONAL COMMERCE CENTRE 13 MAR 2020
1 AUSTIN ROAD WEST TST
KL $103,928
27 APR 2020
9-1914230-19-5

91914230195

(1)

83076201000000103928000291914230190540
"FPS" Payment

9-1914230-19-5 201B
6E1- M5603922(N)O 103,928 27 APR 2020 「轉數快」繳費