Written by Akhter Syed in Taxation Section 200 of the Income Tax Ordinance, 2001 sets out when company officers and members of associations of persons can be held responsible for offences, subject to legal safeguards. The Federal Board of Revenue (FBR) has outlined the responsibilities of company officers and members of associations of persons (AOPs) for offences committed under the Income Tax Ordinance, 2001 during Tax Year 2027. The FBR issued the ordinance, updated up to June 30, 2026, for Tax Year 2027, which runs from July 1, 2026, to June 30, 2027. Section 200 explains when individuals associated with companies and AOPs may be held guilty of offences committed under the relevant part of the law. Company officers may face liability Under Section 200(1), where a company commits an offence, every person who was its principal officer, director, general manager, company secretary or a similar officer at the time may be held guilty of the offence. The provision also covers individuals acting, or claiming to act, in such capacities. The ordinance’s provisions would apply accordingly, notwithstanding anything…