143. Statements regarding certain payments.-

Every person responsible to deduct or collect advance tax under sub-sections (2B), (5A), (6), (7C), (7E) or (7F) of section 50 shall, furnish to the Deputy Commissioner or any other officer authorized in this behalf by the Central Board of Revenue, a statement showing particulars in the prescribed manner.

 

(1)   Every Registering Officer, Revenue Officer or other officer appointed to register any documents relating to property, other than agricultural land, under the Registration Act, 1908 (XVI of 1908), shall, on or before the first day of September in each year, furnish to the Deputy Commissioner or any other officer authorised in this behalf by the Central Board of Revenue, a statement regarding the properties the value of which is not less than fifty thousand rupees, registered with him during the preceding financial year, in the prescribed form and verified in the prescribed manner, showing-

(a)    the names and addresses of the buyer and the seller;

(b)    the registered value of the property;

(c)    the address of the property;

(d)    the date of registration; and

(e)    such other particulars as may be prescribed.

(2)   Every person responsible for the assessment of capital gains tax arising from the sale, exchange or transfer of immovable property situated within the urban areas specified by the Government under the West Pakistan Urban Immovable Property Tax Act, 1958 (West Pakistan Act No. V of 1958), shall, on or before the first day of September in each year, furnish to the Deputy Commissioner or any other officer authorised in this behalf by the Central Board of Revenue, a statement regarding the properties assessed to capital gains tax by him during the preceding financial year in the prescribed form and verified in the prescribed manner, showing-

(a)    the names and addresses of the buyer and the seller;

(b)    the assessed value of the property;

(c)    the address of the property;

(d)    the date of assessment; and

(e)    such other particulars as may be prescribed.

(3)   Every person responsible to collect advance tax under subsection (7A) or sub-section (7BB) of section 50 shall, on or before the first day of September in each year, furnish to the Deputy Commissioner or any other officer authorized in this behalf by the Central Board of Revenue, a statement in the prescribed form and verified in the prescribed manner.

 

Every person whose income is chargeable under section 80B, section 80BB, section 80C, section 80CC or section 80CD (Words, figures, letters and commas "section 80C, section 80CC or section 80E" substituted by "section 80BB, section 80C, section 80CC or section 80CD") shall, on or before the thirtieth day of September in each year, furnish to the Deputy Commissioner, or any other officer authorised in this behalf by the Central Board of Revenue, a statement showing such particulars relating to his income for the preceding financial year, and in such form, and verified in such manner, as may be prescribed.

 

(1)   All assessees having income from business or profession shall display their National Tax Number certificate at some conspicuous place of their business premises.

(2)   Where any person has, without reasonable cause, failed to comply with the provisions of sub-section (1), the Deputy Commissioner may, with the prior approval of Commissioner impose a fine which may not exceed two thousand rupees.

(3)   No action under sub-section (2) shall be taken unless the assessee has been given a reasonable opportunity of being heard.

 

(1)   All assessees shall obtain National Tax Number Card on payment of a prescribed fee.

(2)   Where any person has, without reasonable cause, failed to comply with the provisions of sub-section (1), the Deputy Commissioner may, with the prior approval of the Commissioner, impose a fine not exceeding two thousand rupees.

(3)   No action under sub-section (2) shall be taken unless the assessee has been given a reasonable opportunity of being heard.

(1)   Every person responsible to deduct or collect tax under this Ordinance shall get himself registered in the manner as may be prescribed;

(2)   Where any person without reasonable cause, fails to get himself registered under sub-section (1), the Deputy Commissioner may impose upon such person a penalty not exceeding two thousand rupees:

Provided that no such penalty shall be imposed unless such person has been given a reasonable opportunity of being heard.