Income tax return to be treated invalid without CNIC / NTN number

KARACHI: Federal Board of Revenue (FBR) has said that income tax return filed for tax year 2014 would be treated as invalid or incorrect in case National Tax Number (NTN) or Computerized National Identity Card (CNIC) number is not provided by a taxpayer making him non-filer.
In the instructions issued by the tax authorities stated that the errors/omissions would render a return invalid and make the taxpayer a non-filer and liable to penalty under Section of 182(1) of Income Tax Ordinance, 2001.
The instructions included:
— Return on which NTN or CNIC is missing or incorrect or invalid;
— Return on which mandatory fields marked by * are empty;
— Return which is not signed by the Taxpayer or Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer;
— Return which is not filed in the prescribed Form;
— Return which is not filed in the prescribed mode.
The FBR further said that individuals deriving income under the head salary have to file one page IT-1A Form with Annex-F & Wealth Statement if required to be filed.
Similarly, individuals deriving income under the head salary, property, capital gains and other sources (excluding business) & income subject to fixed / final tax have to file one page return in IT-1B Form with Annex-A, Annex-F & Wealth Statement if required to be filed. However, AOPs deriving income under any head other than business have to file one page IT-1C Form with Annex-A.
The FBR said that individuals deriving income under the head business or falling under Final Tax Regime (FTR) such as commercial importers, exporters, contractors, etc. have to file two page Return in IT-2 Form with Annex-A, Annex-B, Annex-F & Wealth Statement if required to be filed. Annex-C, Annex-D & Annex-E are required only where depreciation / amortization, admissible / inadmissible deductions & minimum tax chargeable / option out of presumptive tax regime are involved.
Individuals, including members of AOPs or directors of companies, whose last declared or assessed income or declared income for the current tax year is equal to or more than Rs1,000,000 or the final tax paid is equal to or more than Rs35,000, must file Wealth Statement.
AOPs deriving income under the head business or falling under FTR such as commercial importers, exporters, contractors, etc. have to submit IT-2 Form with Annex-A & Annex-B. Remaining Annexes (C, D, E) are required only where depreciation / amortization, admissible / inadmissible deductions & minimum tax chargeable / option out of presumptive tax
regime are involved.
Taxpayers may file return of total income / statement of final taxation & wealth statement through the following modes:
— Electronically at FBR Portal (https://e.fbr.gov.pk ) which is mandatory for all AOPs, Sales Tax Registered Persons, Refund
— Claimants & Salaried Persons having annual income of Rs. 500,000 or more. However, all others are also encouraged to file the returns electronically;
— Manually on paper at Taxpayer Facilitation Counter of the respective Regional Tax Office. Paper Return Form can be downloaded from FBR Website http://www.fbr.gov.pk.

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