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Income Tax Ordinance, 2001
CHAPTER-X PROCEDURE PART X PENALTY
From: 2023-07-01 - To: 0000-00-00 1[182A. Return not filed within due date.- (1) Notwithstanding anything contained in this Ordinance, where a person fails to file a return of income under section 114 by the due date as specified in section 118 or by the date as extended by the Board under section 214A or extended by the Commissioner under section 119, as the case may be, such person shall- (a) not be included in the active taxpayers’ list for the year for which return was not filed within the due date 2[:] 3[Provided that without prejudice to any other liability under this Ordinance, the person shall be included in the active taxpayers’ list on filing return after the due date, if the person pays surcharge at Rupees- (i) twenty thousand in case of a company; (ii) ten thousand in case of an association of persons; (iii) one thousand in case of an individual.] “Explanation.- For the removal of doubt it is clarified that the provisions of this section shall apply from tax year 2018 and onwards for which the first Active Taxpayers List is to be issued on first day of March, 2019 under Income Tax Rules, 2002.; and (b) not be allowed, for that tax year, to carry forward any loss under Part VIII of Chapter IV 4[:]] 5[(c) not be issued refund during the period the person is not included in the active taxpayers’ list; and (d) not be entitled to additional payment for delayed refund under section 171 and the period the person is not included in the active taxpayers’ list, shall not be counted for computation of additional payment for delayed refund.] 6[***] ______________________________ 1-Inserted by the Finance Act, 2018. 2-Word “; and” substituted by colon through Finance Act, 2019. 3-New proviso inserted through Finance Act, 2019. 4-Full stop substituted by semicolon through Finance Act, 2019. 5-New clauses (c) (d) added through Finance Act, 2019. 6-Sub-section “(2)” omitted by Finance Act, 2021, dated 30-06-2021. Earlier inserted by Finance Act, 2020, dated 30-06-2020, read as under: “(2) Where a person fails to furnish or update a taxpayers profile within the due date or time period specified in sub-section (3) of section 114A or within the date as extended by the…
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