ITO Section 191A | Prosecution for failure to furnish information in return of income.

Text of ITO Section 191A

Prosecution for failure to furnish information in return of income.

Any company, including a banking company, and an association of persons who—

(a) fails to fully state all the relevant particulars or information as specified in the form of return, including a declaration of the records kept by the taxpayer;

(b) furnishes blank or incomplete particulars or information as specified in the return of income; or

(c) attaches blank or incomplete annexures, statements, or documents where such annexures, statements, or records were required to be filed,

shall commit an offence punishable on conviction with a fine or imprisonment for a term not exceeding one year, or both.

Explanation of ITO Section 191A

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حَسْبِيَ اللَّهُ لاَ إِلَهَ إِلاَّ هُوَ عَلَيْهِ تَوَكَّلْتُ وَهُوَ رَبُّ الْعَرْشِ الْعَظِيمِ

“Allah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.”