| ZAKAT CALCULATION FORM (Copies of this form may be made for distribution) |
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| S.No | Particular | ZAKAT PAYABLE | ||
| I | ZAKAT
ON PURE GOLD & JEWELLERY. (for details See Annexure - 1) |
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| a) | 24 Carat Pure Gold as on 25.08.08 | Grams x Rs. | ||
| b) | 22 Carat Gold Jewellery as on 25.08.08 | Grams x Rs. | ||
| c) | 18 Carat Gold Jewellery as on 25.08.08 | Gram x Rs. | ||
| d) | 14 Carat Gold Jewellery as on 25.08.08 | Gram x Rs. | ||
| Less: | 2 % of weight if studded with stones | Sub Total Rs. | ||
| Gross Total Rs. | ||||
| e) | Precious
stones held as investment/business:
Rs. estimated value |
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| f) | Jewellery
held as stock in trade inbusiness.
Rs. Add : Amounts Receivable on Credit Sales |
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| Less: Loans & Amount payable to supliers Sub Total Rs. | ||||
| II | ZAKAT
ON PURE SILVER; JEWELLERY, HOUSEHOLD ITEM MADE OF SILVER ETC. (for details see Annexure - II) |
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| a) | Pure Silver / Jewellery @ Rs. per kg: as on Kgs X Rs. |
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| b) | Silver
household items utensils etc. @ Rs per kg : as on Kgs x Rs. |
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| Net Total | ||||
| Note : The rate of gold
and silver indicated above are only a guideline. The actual rate on the day of calculation may please be taken. |
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| III PROPERTY (for details see Annexure III) |
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| a) | Landed
Property held as investment/ business estimated value Rs. |
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| b) | Amount Receivable on sale of property Rs. | |||
| c) | Value
of completed unsold portion in case of
Rs. builders/property dealers |
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| Sub Total Rs. | ||||
| Add. Installments receivable on sold portions Rs. | ||||
| Sub Total Rs. | ||||
| Less : Loans/Payable/Liabilities on above Rs. | ||||
| Net Total Rs. | X 2.5 % = | |||
| Balance C / F | ||||
| Total B / F Rs. | ||||
| IV | BUSINESS
STOCK (for details see Annexure - IV) |
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| a) | Value of Stock Rs. | |||
| b) | Add: Value of dead / damaged Stock Rs. | |||
| c) | Add : Amount Receivalble from credit sale Rs. | |||
| Sub Total Rs. | ||||
| Less : Loans / Amounts Payable and bad debts Rs. | ||||
| Net Total | X 2.5% = | |||
| V. | ZAKAT
ON SHARE IN PARTNERSHIP FIRMS (If not paid by the firms itself - for details see Annexure - V Capital Balance as per last Balance Sheet (March,2008) Rs. |
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| Add : Loans advanced by you to the firm as per
last Balance Sheet
Rs. ( March, 2008 ) |
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| Sub Total Rs. | ||||
| Less : Withdrawals made by you during the current year. Rs. | ||||
| Sub Total Rs. | ||||
| Add
: Your share of profit upto the date of valuation estimated from 1-4-2008 to 15th Ramadhan Rs. |
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| Net Total Rs. | X 2.5 % = | |||
| VI. | ZAKAT
ON CASH IN HAND & BANK (for details see Annexure -VI) |
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| a) | Cash in Hand Rs. | |||
| b) | Cash in Bank Rs. | |||
| c) | In Savings & Current A/c Rs. | |||
| d) | In Fixed Deposits with Banks Rs. | |||
| Net Total Rs. | ||||
| VII | ZAKAT
ON LOANS/INVESTMENTS IN BONDS, PROVIDENT FUNDS. L.I.C., SHARES IN COMPANIES, MUTUAL FUNDS, DEPOSITS, CHIT FUNDS ETC. (for details are Annexure - VII) |
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| a) | Loans Receivable from friends & relatives Rs. | |||
| b) | Investment in Government Bonds Rs. | |||
| c) | Provident Fund Contribution Rs. | |||
| d) | LIC Premium including bonus upto date Rs. | |||
| e) | Shares
in companies including Dividends Receivable & value of bonus shares if declared Rs. |
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| f) | Government Security Deposits (including EMD) Rs. | |||
| g) | Investment in private Chits & Chit Funds Rs. | |||
| Net Total | ||||
| Balance C/F | ||||
| Total B/F Rs. | ||||
| VIII | USHUR
ON AGRICUTURAL PRODUCE (including fruits, Vegetables, etc ) (for details see Annexure - VIII |
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| a) | Produce
dependent on rain water @ 10% of product (crop) in rupees, value or in kind (crop itself) Rs. |
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| b) | Produce from Canal / Tank water, Bore / Open well @ 5% of produce (crop) in rupees, valiue or in kind (crop itself) Rs. | |||
| c) | Produce
dependent partially on rain water and partially on Well water or canal water @ 7.5% of produce in rupees, value or in kind (crop itself Rs. |
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| Net Total | ||||
| IX | ZAKAT
ON ANIMALS (Other than milk yielding animals) (for details see Annexure - IX ) |
ZAKAT PAYABLE | ||
| a) | Animals
more than 6 months old @ one animal per 40 animals or rupee value of such animals Rs. |
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| b) | Two
animals per 120 animals or rupee value of such animals Rs. |
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| Net Total | ||||
| X | ZAKAT
ON POULTRY AND FISH FARMING (for details see Annexure IX) |
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| a) | Stock of eggs & Bills Receivable Rs. | |||
| b) | Stock of milk and Bills Receivable Rs. | |||
| c) | Calculate
zakat on fish or broiler bird only at the time of catch and sale value may be taken Rs. |
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| Net Total | ||||
| LESS: | GENERAL
LIABILITIES (other than deducted above, for details see Annexure X Rs. |
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| a) | Income Tax / Wealth Tax Payable Rs. | |||
| b) | Loans /Debts Payable / Bank Loans Rs. | |||
| Net Total | ||||
| (Loans on interest is not permitted in Islam ) | ||||
| TOTAL ZAKAT PAYABLE Rs. | ||||