Income Tax Ordinance, 2001

CHAPTER-X

PROCEDURE PART I RETURNS

From: 2023-07-01 - To: 0000-00-00 44[(6) Subject to sub-section (6A), any person who, having furnished a return, discovers any omission or wrong statement therein, may file revised return subject to the following conditions, namely:- (a) it is accompanied by the revised accounts or revised audited accounts, as the case may be 45[:] 46[***] 47[Provided that Commissioner may waive this condition if the Commissioner is satisfied that filing of revised accounts or audited accounts is not necessary;] (b) the reasons for revision of return, in writing, duly signed, by the taxpayers are filed with the return 48[; 49[***]] 50[(ba) it is accompanied by approval of the Commissioner in writing for revision of return; and] 51[(c) taxable income declared is not less than and loss declared is not more than income or loss, as the case may be, determined by an order issued under sections 121, 122, 122A, 52[***] 129, 132, 133 or 221: Provided that if any of the above conditions is not fulfilled, the return furnished shall be treated as an invalid return as if it had not…