WHO FILE THE INCOME TAX RETURN
2. every person (other than a company) whose taxable income for the year
exceeds the maximum amount that is not chargeable to tax under this
Ordinance for the year.
3.
any non-profit organization as defined in clause (36) of section 2.
4.
every person whose income for the year is subject to final taxation
under any provision of this Ordinance.
c. owns immovable property with a land area
of 3 [five hundred] square yards or more or owns any flat located in areas
falling within the municipal limits existing immediately before the
commencement of Local Government laws in the provinces; or areas in a Cantonment;
or the Islamabad Capital Territory.
d. owns immovable property with a land area
of five hundred square yards or more located in a rating area.
e. owns a flat having covered area of two
thousand square feet or more located in a rating area.
f. owns a motor vehicle having engine capacity above 1000 CC.
g. has obtained National Tax Number.
h. is the holder of
commercial or industrial connection of electricity where the amount of annual
bill exceeds rupees 2 [five hundred thousand.
i. is 6 [a resident person] registered with any chamber of commerce and
industry or any trade or business association or any market committee or
any professional body including Pakistan Engineering Council, Pakistan
Medical and Dental Council, Pakistan Bar Council or any Provincial Bar
Council, Institute of Chartered Accountants of Pakistan or Institute of
Cost and Management Accountants of Pakistan.
j. is a resident person being an individual
required to file foreign income and assets statement under section 116A.
k. persons or classes of persons notified by
the Board with the approval of the Minister in- charge.
l. Every individual whose
income under the head ‘Income from business’ exceeds rupees three hundred
thousand but does not exceed rupees 12[four hundred thousand] in a tax year is
also required to furnish return of income from the tax year
