The Income Tax Ordinance, 2001

 

 

 

Section

 

118.  Method of furnishing returns and other documents.-

 

(1)    A return of income under section 114, an employer’s certificate under section 115, a statement required under sub-section (4) of section 115 or a wealth statement under section 116 shall be furnished in the prescribed manner.  

 

(2)    A return of income under section 114 or sub-section (4) of section 115 of a company shall be furnished –  

 

(a)    in the case of a company with a tax year ending any time between the first day of January and the thirtieth day of June, on or before the thirty-first day of December next following the end of the tax year to which the return relates; or 

 

(b)    in any other case, on or before the thirtieth day of September next following the end of the tax year to which the return relates.  

 

(3)    A return of income for any person (other than a company), an employer certificate of an individual or a statement required under sub-section (4) of section 115 shall be furnished on or before the thirtieth day of September next following the end of the tax year to which the return, certificate or statement relates.  

 

(4)    A wealth statement shall be furnished by the due date specified in the notice requiring the person to furnish such statement or, where the person is required to furnish the wealth statement for a tax year under sub-section (2) of section 116, by the due date for furnishing the return of income for that year.  

 

(5)    A return required to be furnished by a notice issued under section 117 shall be furnished by the due date specified in the notice.

 

(6)    Where a taxpayer is not borne on the National Tax Number Register and fails to file an application in the prescribed form and manner with the taxpayer’s return of income or employer’s certificate, such return or certificate shall not be treated as a return or certificate furnished under this section.