Scope and Payment of Tax Chapter- 05
Provided further that all electricity suppliers and gas transmission and
distribution companies shall make arrangements by the 1st day of January, 2021 for
allowing consumers to update the ratio of sharing of a connection or the particulars
of users, as the case may be; and
(f) any other agency, authority, institution or organization, notified by the Board.(2) The Board shall make arrangements for laying the infrastructure for real-time access to
information and database under sub-section (1) and aligning it with its own database in
the manner as may be prescribed.
(3) Until real-time access to information and database is made available under sub-section
(1), such information and data shall be provided periodically in such form and manner
as may be prescribed.
(4) Subject to section 56B, all information received under this section shall be used only
for tax purposes and kept confidential.
Disclosure of information by public servant [Section 56B] Any information acquired under any provision of this Act or in pursuance of a bilateral or
multilateral agreement or tax information exchange agreement shall be confidential and no
public servant shall disclose any such information, except as provided under section 216
of the Income Tax Ordinance, 2001. The provisions of section 216 of Income Tax Ordinance, 2001, shall, mutatis mutandis,
apply to the provisions of this section.
Prize schemes to promote tax culture [Section 56C]The Board may prescribe prize schemes to encourage the general public to make purchases
only from registered persons issuing tax invoices.
Rectification of mistake [U/s 57]The officer Inland Revenue, Commissioner, the Commissioner (Appeals) or the Appellant
Tribunal may by an order in writing to rectify any mistake apparent in any order passed by him or
from the record on his or its own motion or any mistake brought to his or its notice by a taxpayer
or, in the case of the Commissioner (appeals) or the Appellate Tribunal, the Commissioner.No rectification order under this section which has the effect of increasing an assessment,
reducing a refund or otherwise applying adversely to the taxpayer shall be made unless the
taxpayer has been given a reasonable opportunity of being heard.
Where a mistake apparent on the record is brought to the notice of the officer of Inland Revenue,
Commissioner or Commissioner (Appeals), as the case may be, and no order has been made,
before the expiration of the financial year next following the date on which the mistake was
brought to their notice, the mistake shall be treated as rectified and all the provisions of this Act
shall have effect accordingly.
No order under this section shall be made after five years from the date of order sought to be
rectified.
Liability for payment of tax in the case of private companies or business enterprises [U/S
58]
Notwithstanding anything contained in the Companies Act, 2017, where any private
company or business enterprise is wound up and any tax chargeable on the company or
business enterprise, whether before, or in the course, or after its liquidation, in respect of
any tax period cannot be recovered from the company or business enterprise, every
person who was an owner of, or partner in, or director of, or a shareholder, owning not
less than ten per cent of the paid-up capital, in the company or business enterprise, as
the case may be, during the relevant period shall jointly and severally with such persons,
be liable for the payment of such tax.