108. Information regarding payment of salary.-

CHAPTER XII
REQUIREMENT OF FURNISHING CERTAIN INFORMATION

108.  Information  regarding  payment  of  salary.- 

Every  person  responsible  for making  any  payment  constituting  income  classifiable  under  the  head "Salaries" not being payment made by the Government, and the prescribed officer  in  cases  where  such  payments  are  made  by  the  Government,  shall, before  the  first  day  of  September  each  year,  furnish  to  the  Deputy Commissioner  of  Taxes,  a  statement  prepared  in  the  prescribed  form  and verified  in  the  prescribed  manner  so  as  to  give  the  following  information, namely :-

(a) the name and address of every person to whom such payment has been  made,  or  was  due,  during  the  preceding  financial  year  if  the payment exceeds such amount as may be prescribed;

(b) the amount of payment so made, or due;
(c) the amount deducted as tax from such payment; and
(d) such other particulars as may be prescribed:

Provided that the Deputy Commissioner of Taxes may extend the date for the delivery of the statement.

109. Information regarding payment of interest.-

109. Information regarding payment of interest.- 

Every person responsible for making  any  payment  of  interest  constituting  income  not  classifiable  under the  head  "Interest  on  securities"  shall,  if  such  payment  exceeds ¹[fifteen thousand  taka],  before  the  first  day  of  September  each  year,  furnish  to  a prescribed officer a statement prepared in the prescribed form and verified in the prescribed manner so as to give the following information, namely:-

(a) the name and address of every person to whom such payment has been made, or was due, during the preceding financial year;
(b) the amount of payment so made or due; and
(c) such other particulars as may be prescribed.

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¹Subs. for "five thousand taka" by F.O. 1986

110. Information regarding payment of dividend.-

110.  Information  regarding  payment  of  dividend.- 

The  principal  officer  of every company shall, before the first day of September each year, furnish to the  prescribed  officer,  a  statement  prepared  in  the  prescribed  form  and verified  in the  prescribed manner,  so  as  to  give  the following  information, namely:-

(a)  the  name  and  address  of  every  shareholder,  as  entered  in  the register  of  shareholders,  to  whom  a  dividend  or  the  aggregate  of dividends has been paid or distributed during the preceding financial year if such payment exceeds such amount as may be prescribed;
(b) the amount of dividend or dividends so paid or distributed; and
(c) such other particulars as may be prescribed.