Who should not file income tax return

Who should not file Income Tax Return

Yes it is true, there are some persons Who should not file income tax return or they are not required to file tax return in Pakistan, by law. The following are the persons who are required not file income tax return: –

Filing of tax Return by a widow

A widows is not required to furnish tax return.

However, if someone wants to file return even if she is exempt, a return can be filed by a widow.

Orphans are not required to File Tax Return

An orphan is not required to file income tax return if he/she is below the age of twenty-five years.

However, under any circumstances an orphan needs to file income tax return for any reason whatsoever, he/she can file income tax return at their convenience.

Return filing by a disabled person

A disables person is not required to file income tax return as per section 115(3)(c) of the Income tax Ordinance, 2001. As disabled are considered to be the persons who are required not file income tax return yet they can also file income tax return as per their needs and requirements.

Non-resident and owner of immovable property

A non-resident who is owner of immovable property is not required to Income tax return as per Income Tax Ordinance, 2001. Yet again if the non-resident for some reasons want to file tax return, can always do it.

Any person who is not obliged to furnish a return for a tax year because all the person’s income is subject to final taxation under sections 5, 6, 7, 148, 151 and 152, sub-section (3) of section 153, sections 154, 156 and 156A, sub-section (3) of section 233 or sub-section (3) of section 234A shall furnish to the Commissioner a statement showing such particulars relating to the person’s income for the tax year in such form and verified in such manner as may be prescribed.

Any person who, having furnished a statement, discovers any omission or wrong statement therein, he may, without prejudice to any other liability which he may incur under this Ordinance, furnish a revised statement for that tax year, at any time within five years from the end of the financial year in which the original statement was furnished.

Subject to sub-section (6), the Commissioner may, by notice in writing, require any person who, in his opinion, is required to file a prescribed statement under this section for a tax year but who has failed to do so, to furnish a prescribed statement for that year within thirty days from the date of service of such notice or such longer period as may be specified in such notice or as he may, allow.

A notice under sub-section (5) may be issued in respect of one or more of the last five completed tax years.

Who are required not file income tax return?

However, with all the exemptions and exceptions available for certain persons under the Income tax Ordinance, 2001 of not filing income tax returns. I can give one solid reason of filing income tax return even if the persons fall in any of the above category/categories that is Being a Filer in Pakistan.

No matter how easy the rules are, or exemption in filing of Income tax return one should always file income tax return in order to avoid paying higher amount of taxes under various sections of the Income tax Ordinance, 2001.

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