26. Notice of demand

¹[26. Notice of demand.

The notice of demand under suction 135(1) of the Ordinance shall be in the following form and shall be accompanied by the tax/refund computation form appended hereto:
Provided that the tax/refund computation form need not accompany the notice of demand in cases where a penalty or interest has been levied subsequent to the assessment order and it is not practicable to include the amount of the same in the tax/refund computation form.

²[Notice of Demand/Refund

under section 135(1) of the Income tax Ordinance, 1984.

To
.
. Status ................................ ..
. TIN ... ..

1. This is to give you notice that the sum of Taka……….(In words, Taka…………)as specified below has been determined to be payable by/refundable to you for the assessmentyear(s)………………..
Income tax ৳…………….
Surcharge ৳…………….
Interest ৳…………….

Delay interest ৳…………….
Penalty ৳…………….
Any other sum (u/s….)
2. You are required to pay the amount mentioned above on or before……………….by challan/demand draft/payorder/account payee cheque of a scheduled bank, as prescribed by income Tax Rules, 1984.
3. Failure to pay the said amount by the date specified above will entail penalty or other legal consequences under the provisions of the income tax Ordinance,1984.

4. If you intend to appeal against the order of assessment, penalty, interest or any other matter which is subject to appeal under the provisions of the Income Tax Ordinance, 1984, you may file an appeal to the authouity and within the time as mentioned below:

Authority		Time
	Appellate Additional/Joint Commissioner of Taxes,……………………………………..	within forty five days- (a) in the case where the appeal is related to assessment or penalty, from the date of service of this notice, and (b) in any other case, from the date on which the intimation of the order to be appealed against is served.
	Commissioner of Taxes (Appeals)
	Taxes Appellate Tribunal………………………………………….	within sixty days of the date on which the order sought to be appealed against is communicated

Date:
Place:                                                                                                                                                   Deputy Commissioner of Taxes
                                                                                                                                                            Circle:
                                                                                                                                                            Taxes Zone:”]

Tax Computation form
Refund

Serial No.                                                                                 Ledger Folio ...
No. ..                         ..
No ......................................... Category of the case as per this assessment ...                       ..

TIN..................... ..                   Amount of       Amount of Loss        Resultant       Tax already
Name of assessee                       income or       (Sec. 28) of arlier      income or         deducted
address............................. ..      loss of the           years set off              loss.            Or paid at
..      year under      against income of                               source.
assessment.      or added to loss
Status ........................ ..                                         of col.2.
Detailed sources of income

1 2 3 4 5
A. Income accruing,
arising or received in or
deemed to have accrued,
arisen or been received
in Bangladesh.

Sec.21- Salaries-
Government/others.
Sec.22- Interest on securities from-
                        (a)   Government
(Tax free)/
(Taxed)........................ ..
(b)   Local authorities
and companies
(Taxed)................ .
Sec.24. House property..................... ..
Sec.26. Agricultural Income......................................................... .
Sec.28. Business or profession (give description of trade profession , etc.) ...
Share of profits firm R.F.(Untaxed)-Share of profits from:
U.R.F. (Taxed)/(Untaxed) A.O.P (Taxed)/(Untaxed).
Sec.31.    Capital gains .............................................................................. .
Sec.33.    Other sources:
                  Dividend-
Interest (Other than interest on securities) Any other source-
Total under A
B. Foreign Income
Total Income (A+B)

Computation of Tax                                                    Amount
Total income:                                                                Tk. . .
Sums eligible for tax credit under section 44(2)(b):
1.   Life insurance premia.
2.   Deduction for deferred annuity
3.    Contribution to provident fund to which provident Funds
      Act, 1925, applies.
4.     Contribution of assessee and his employer to recognized
      provident fund.
5.   Contribution to approved supernnuation fund.
6.    Investment is approved stocks, shares debentures or debenture-stocks etc.
7.    Investment in Government securities, savings certificates or approved instruments, etc.
8.    Contribution to Deposit Pension Scheme.
9.    Contribution to Zakat Fund, etc.
10. Payment to benevolent fund/group insurance scheme.
11. Other items if any.
Total:                     Tk
Total rate of income tax chargeable on total income.        Tk. Average rate of income tax .
Sums included in total income on which relief in tax is to be allowed at the average rate.

Tax credit deductible under section 44(2)(b).
1. Share from A.O.P. or U.R.F. on the profits of which tax has already been paid.
2. Other items, if any.
Total amount which relief is due
Relief in income tax on the above amount.
Total income tax payable by the assessee

Deduct:
1.   Income tax deducted or otherwise paid at source under sections 50,51,52,53,54, 55,   or
56.
2.   Amount of advance payment of tax under sections 64,67 or 68.
3.   Income tax paid on the basis of return under section 74.
4   Income tax paid as provisionally assessed under section 81.
5. Income tax paid as per original assessment on….(date).
6.   Income tax refunded as per original assessment on….(date).
7.   Double income tax relief with country (give name).

Net amount of income tax payable/refundable
Penalties-   under sections 89(3), 123, 124, 125, 126, 127, 128, 129, and 137(1). Composition under section 170.
Balance Payable or refundable.
Interest under section 70 and 73;                             Tk. ..
(i) 75% of the tax payable on assessment.
(ii)   Tax paid under section 64 or 68.
(iii) Tax paid under section 50 to 56.
(iv) Difference between (I) and the total of (ii) and (iii).
      Simple interest thereon at 12% per annum
from ................................ ..   to...                                 .
Total interest payable by assessee.

Interest payable by Government under section 72

Total sums payable/refundable (in figures) Tk.
(In words) Tk.

Deputy Commissioner of Taxes
Circle... ..
Zone...

Date............................. .
Date of issue of notice of demand/refund voucher.
No. and date of Voucher .......................... .. Amount of refund Taka...

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¹.Rules 26 & 26A Ins.by এস,আর,,ও নং২০৪-আইন/আয়কর ২০০৩.তাং ১৩-০৭-২০০৩

²Subs by F. A. 2016

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