Paper presented bY:

Ranjan Kumar Bhowmik 'cro

Member
National Board of Revenue

Frms*ntatimn mutiine
. lntroduction
. Types of return form
. Mandatory requirement of filing return
. Persons who are not required to file return
. Place where Return is to be submitted
. Who will sign ?

. What documents to be submitted with return ?

. Tax day
. When amended and revised return can be filed ?
. Penalty & prosecution for non-submission of return
Hv*ry por$ost wh* is requin*d tCI file retunn of imc*nr*
sh*ll have t* filil-up thm retunm fnnn: pr*scribed mt Rirl*-
24, rrrhich shall also he verified in th* n'l&*n*r Indiemt*d
in that f*rnr"

Fon individual assessc* the r*turn tmgether wlth the

statement of assets, liabiiities anri expenditurc as
prescribed at Rule-25 and the life style staternenrt as
prescribed mt Rule-25A shall e*llectively eonstitute a
valid and cmnnplete retunn.

For individual
asseS5ee
For comPanY
[rr.xxcAznrr] assessee
E
r,? 4uaa^in'
Il l.{1nAl{,1uJ
[lf'1r"6!-{J1?$lfi}
Now 5 types of
return forms are i These are i,
' .a:al
available.

For assessee other

than individual and For spot assessment
company
Ilr-l1GAGAl
[1T-1"1(t{A?fi1S}
 -

Persons required to file return of income:

1. If his taxabte income during the income year exceeded the

non-taxable ceiling of income (now it is Tk. 3,00,000/- for the
assessment Year 2020-2Ll

(3) the person fulfills any of the following conditions: -

Membership '

of any trade
association
or body

i-i Participates
r Runs for an i in a tender
l

Owns , office of any i floated by

any r pourashava, i the Govt.

licensed i city i
semi- govt.
corporation autonomou
arms , or a member
I

r
s body or
local
i of parliament i
authority
t;
 NNWN, i,,.,

$iill t+t tt the person

i;iffi has registered
a recognized
- ;$ilwith
1 il aS -
$NW
professional body

,,;\sNN$Ii,$,'t. - $ J' * $ )$S$SSr', )\i\ .}L.Ni l

\*l ":\\i$S$tn$&&.'i, Y t "NNNffiN
"
:"NuH\$-$ ak't' :l

Company

NGO & MCO

Co-operative society

Partnership Firm & lt's partner

Association of Person

Shareholder director,/shareholder employee of a company

An employee of the Govt. or an authoritY or corporation, body or unit draws

monthly basic salary of Tk.16,000 or more.

Ride sharing arrangement by providing motor vehicle

lf any pemon has any exemPted income or income where reduced tax rate is
applicable.
 ie) an individual assessee who has no taxable income but
;6; ;;ili;; to hrr" TIN under section 'lB4A for selling
i ljno" or iot obtaining a credlt card

Return is to be submitted

(1) Return is to be submitted at concerned einc_le_office-as

per jurisdiction.
(2) Non-resident Bangladeshi may file their return at
nearest ffi*r'lglac!*sh m{ssiqn' The missions will then
send the return to the NBR and NBR again will send the
return to the concerned circle office.
(3) Return can also be submitted at [hx Fair organized by
the NBR every Year.
(+) The system of m$iilre il*{ue*lm {i}iq}g- has bee.1
introduced on tst November,zor6 and by- so doing . ull
categories of assessee now can easily submit their
tax rlturn through online.

10
 Signatory

Type ofthe assessee Signatory

t. lndividual lndividual himself

2. Hindu Undivided Family (HUF) Karta

? Company Principal Officer

4. LocalAuthority Principal Officer

( :artnership Firm \ny adult partner

6. \ssociation of Persons (AOP) Any member of the association or the
principal officer thereof

7. Artificial Juridical person The person concerned or any other

person competent to act in this behalf.

,i.:,::,:aa

* An individual assessee shall furnish statements

has gross wealth exceeding Tk.40,00,000; or

owns a motor car; or
has made investment in a house propertY or an apartment in the
\
area

An individual assessee shall also furnish life style statement

with the return.
ed that an individual, not being a shareholder
having income from salary or from business or
 t

Tax day wlthin Remarks

Type of assessee
which return must
h6 (r'hmitre.l
B"nL, intrt"n.u and other non- 15th September D-lay inter*t -dl be ,,pote d @ 2% p$ month on the
bankine Financial lnstltutlon difference between the tax assessed on total income for the
A company whlch is a subsidiarY Within r5th of assessment year and tax paid in advance along with tax
or holding companY of a Parent the 7th month deducted or collected at source.
company incorPorated outside
from the end of perioi
Bangladesh if such comPanY of delay intere5t: the period will start from the first
requires to follow a different the incon.re year Tax day to:
day immediately following the
financial year for the PurPose of
consolidation of its accounts with filed
l1l The date of filint return where return is
the parent companY;
All other conPanY 15th January not filed
l2l The date of regular assessment where return is
Other than conrpany 3oth November
However the period shall not exceed one year

Time Extension

.:. Assessee will get an opportunity to submit amended return

aeiinit notice u/s eZge(Si re.lating to any.adjustment in respect
@ the return or incorrect tax or rebate
computation
:&
Ref: Section 82BB(3)

.f. After filing return under universal self assessment scheme if any
aisessee fjnds that unintentionally tax has been computed/-paid
it,irt, then he may file an amended return within 180 days from
the date of filing return attaching the following:
1. a written statement about the mistake'
2. a proof of tax paid along with interest @ 2% p'm' which was
computed/Paid short.
W.
Ref: Section 82BB(5)
 As per section 78 the provision to submit new
return or revised return is enumerated below:

Sl Type of Return Provision of law Remarks

1. New return Any person who has not Penalty u/s 1.24 may be
filed a return as required by imposed by the DCT for
section 75/77, can non-submission of
submit return of current .
return timely.
year or earlier Year/Years at
any time as Per section 78.

Revised return (Cont..)

sl. Type of Return Provision of law Remarks

2. Revised return (1) lf there is any omission or (l) After assessment no revised return is
acceptable.
incorrect statement at the
(2) ln any event the oftence of tiling a talse
original return, the assessee return deliberately is punishable u/s 165
can file revised return at anY which can not be condoned by the filin8 of
time but before assessment. a revised return.

(3) The benefit of this provision cannot be

(2) In the same way a revised
return can be re-revised.
claimed by an assessee who has made a
false return knowinB it to be false. A
Penalty may be imposed u/s 128 in respect
of previous false return notwithstanding
the filing of the revised return.

(4) If any asscssee filcs reviscd return

u/< 78 or g3 showirrg tax free il)come or
incomc whcrc rcdtl( cd tJx ratc is
appliralrle, so tnutlt uf llte crcess a.
excccds the amount in original rcturn
shrll be deemed to be the itttome lrom
othcr sources as pcr section r9{3r)

16
 I
I
I
I

ln case of a new individual

10% of the
assessee whose income
last
is was not previouslY
assess;d a.* [-whichever
higher assessed then penaltY shall
or I not exceed Tk. 5,000
Tk. 1,000/-
+ ln case of existing
Tk.50 per individual assessee PenaltY
day during shall not exceed 50% of last
which the assessed tax or Tk. 1,000
default whichever is higher.
continues

Imprisonment for non-submission of return

Failure to file 164(c) 1 year No prosecution can

retum u/s /)
or ln I ]
(Maximum)
with or
be instituted without
prior sanction of the
cornpliance NBR.
with noticc
without tlne.
u/s 77 and 93 NBR has the power to
compound offences.
END OF THE PRESENTATION!!

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