Section 114A: Business bank account — Income Tax Ordinance, 2001

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3[114A. Business bank account.— (1) Every taxpayer shall declare to the Commissioner the bank account utilized by the taxpayer for business transactions. (2) Business bank account shall be declared through original or modified registration form prescribed under section 181.]

Effective date: 2001-09-13

Related sections

Section 114: Return of income Section 114B: Powers to enforce filing of returns Section 113C: Alternative Corporate Tax Section 114C: Restriction on economic transactions by certain persons Section 113B: Omitted by the Finance Act, 2016 Section 115: Persons not required to furnish a return of income

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