Page 286 - InterloopAnnualReport2020

The Shareholders are hereby advised to provide details of their bank mandate specifying:
(i) Title of Account,
(ii) IBAN,
(iii) Bank Name,
(iv) Branch Name and Address to the Company’s Share Registrar, Shareholders who hold shares with Participants/
CDC are advised to provide the mandate to the concerned Broker/Participant/CDC Investor account services.

The form for providing such information has been made available under the Investor Information section at Company’s
website https://www.interloop-pk.com/.

8. Deduction of Income Tax from Dividend under Section 150 of the Income Tax Ordinance, 2001 (“Income tax
Ordinance”):
The rates of deduction of withholding tax for Filers and Non-Filerss as prescribed under Section 150 of the Income Tax
Ordinance 2001, are as under:

For Filers of income tax returns 15.00%
For Non-Filers of income tax returns 30.00%

Withholding tax on Dividend in case of Joint Account Holders

Members who have joint shareholdings held by Filers and Non-Filerss shall be dealt with separately and in such
particular situation, each account holder is to be treated as either a Filer or a Non-Filers and tax will be deducted
according to his/her shareholding.
If the share is not ascertainable then each account holder will be assumed to hold equal proportion of shares and the
deduction will be made accordingly. Therefore, in order to avoid deduction of tax at a higher side, the joint account
holders are requested to provide the below details of their shareholding to the Share Registrar of the Company latest
by the Annual General Meeting date.
Folio/CDC Total No Name of Principal Share Name of Joint Share
A/c No.of Shares Shareholder Holding Shareholders Holding
and CNIC # and CNIC #

Valid Tax Exemption Certificate for Exemption from Withholding Tax
A valid tax exemption certificate is necessary for exemption from the deduction of withholding tax under Section
150 of the Income Tax Ordinance, 2001. Members who qualify under Clause 47B of Part IV of the Second Schedule
to the Income Tax Ordinance, 2001 and wish to seek an exemption must provide a copy of their valid tax exemption
certificate to the Shares Registrar prior to the date of commencement of Book closure otherwise tax will be deducted
according to the applicable law.

Unclaimed Dividend
Shareholders, who by any reason, could not claim their dividend, if any, are advised to contact our Share Registrar
M/s. CDC Share Registrar Services Limited, CDC House, 99 –B, Block B, S.M.C.H.S., Main Shahrah-e- Faisal,
Karachi-74400 collect / enquire about their unclaimed dividend, if any.

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