Who should submit Income Tax Return ?

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Offline bipasha

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Who should submit Income Tax Return ?
« on: October 01, 2012, 09:27:37 AM »
Who should submit Income Tax Return ?
- If total income of any individual (other than female taxpayers, senior taxpayers of 65 years and above and retarded taxpayers) during the income year exceeds Tk 1,65,000/-.
- If total income of any female taxpayer, senior taxpayer of 65 years during the income year exceeds Tk 1,80,000/-
- If total income of any retarded taxpayer during the income year exceeds Tk 2,00,000/-.
- If any person was assessed for tax during any of the 3 years immediately preceding the income year.
- A person who lives in any city corporation/paurashava/divisional HQ/district HQ and owns a building of more than one storied and having plinth area exceeding 1,600 sq. feet/owns motor car/owns membership of a club registered under VAT Law.
- If any person subscribes a telephone.
- If any person runs a business or profession having trade license and operates a bank account.
- Any professional registered as doctor, lawyer, income tax practitioner, Chartered Accountant, Cost & Management Accountant, Engineer, Architect and Surveyor etc.
- Member of a Chamber of Commerce and Industries or a trade Association.
- Any person who participates in a tender.
- A person who has a Taxpayer's Identification Number (TIN).
- Candidate for Union Parishad, Paurashava, City Corporation or Parliament elections.
- Any company registered under Companies Act, 1930 or 1994