Tax VAT Point
14/03/2024
According to section 265 of the Income Tax Act 2023, if the assessee who has income from his business shall display the proof of submission of return (PSR) at a place in his business premises that is easily visible.
If any taxpayer fails to comply with the above-mentioned provision, the Deputy Commissioner of Taxes (DCT) may impose a penalty of no less than 5,000 Taka and up to 20,000 Taka on such assessee.
Section 265:https://www.taxvatpoint.com/income-tax-act-bangla-section-265-displaying-proof-of-submission-of-return/
The deadline to submit personal income tax returns is approaching, on November 30th. Do you want to know what documents you need to prepare and submit your return?
Please go through here: https://www.taxvatpoint.com/what-documents-are-needed-for-tax-return-in-bangladesh/
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