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The Central Board of Revenue (CBR) has issued revised format of "Notice of Demand" for the recovery of income tax from the taxpayers, who failed to deposit the tax payable under Section 137 (2) of the Income Tax Ordinance 2001.
The CBR has amended Income Tax Rules 2002 through a notification issued here on Thursday. Officials said that the amended form for "Notice of Demand" in payment of tax due which is required to be served upon the taxpayers under Section 137(2) was notified vide SRO 189 (I)/2006 of February 28. The previous demand notice had some typographic mistakes, which have been rectified and an amended form has been notified.
FOLLOWING IS THE TEXT OF THE SRO.189 (I)/2006 ISSUED ON THURSDAY: "In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published as required by sub section (3) of the said section, namely:-
"In the aforesaid Rules, in the First Schedule, for Part XII, the following shall be substituted, namely:-
PART XII OF THE FIRST SCHEDULE: Prescribed form for Notice of Demand in payment of tax due - Notice of demand required to be served upon the taxpayers under Section 137 (2) shall be in the following form, namely:-


Government of Pakistan
Department of Income Tax
Office of the ____________
NOTICE OF DEMAND UNDER SECTION 137(2) OF THE INCOME TAX ORDINANCE, 2001.
N.T.No.
Tax Year_______ _________
Year ending ____________
To _______________
_______________
Dear Sir/Madam
As a result of order passed u/s ________ in your case for the tax year _______ whereby your total income has been determined at Rs____ and an amount of Rs __________(Rupees ___________) has been determined to be payable/refundable as specified below.-
(a) Income Tax Rs __________________________
(b) Additional Tax u/s_____________________Rs __________________________
(c) WWF Rs __________________________
(c) Penalty u/s Rs __________________________
(d) Others Rs __________________________
__________________________
Total Rs __________________________
(2) You are required to make the payment of the above amount on or before ________ but not later than 15 days from the date of service of this notice in the National Bank of Pakistan/State Bank of Pakistan/Treasury Office/Sub-Treasury Office/Sub-Treasury Office.
(3) If you intend to appeal against the order, you may file an appeal under Section 127 to the Commissioner of Income Tax (Appeals), Zone _______ within thirty days of the receipt of this notice.
(4) Please note that by timely payment of your tax liability you can avoid:
(a) Mandatory levy of additional tax under Section 205 @ 12% per annum;
(b) Penalty under Section 183; and
(c) Proceedings under 138 (2).
(5) Copy of the order on which demand/refund is based is enclosed.
Date_____________
Seal
[Commissioner / Taxation Officer
Personal Code____________."
Copyright Business Recorder, 2006

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