Sources said that the commissioner can register the taxpayer on a Trial Registration Number (TRN) for which a serially numbered Trial Register, shall be maintained by the commissioner, containing the basic information of the taxpayer like name of the person or business, available address, CNIC(if provided) etc.
The commissioner having jurisdiction over a case may register a person as a taxpayer where he is satisfied that the income of the person is taxable and is required to file a return of income under section 114. The commissioner shall issue to the taxpayer a letter to submit an application for registration prescribed under rule 80 along with documents specified therein within a reasonable time given in the said letter. In case of compliance, the NTN certificate shall be issued accordingly.
In case of failure of the taxpayer to comply with the letter issued under sub-section (2) of section 181, the Commissioner shall register the taxpayer on a Trial Registration Number (TRN) for which a serially numbered Trial Register shall be maintained by the commissioner. The Trial Register shall contain the basic information of the taxpayer like name of the person or business, available address, CNIC, nature of income generating activity and any other information regarded useful by the commissioner. In such case, statutory notices shall be issued for assessment of income or other legal obligation of the taxpayer under the Ordinance on TR Number: Provided that before allotment of Trial Registration Number the commissioner shall verify and match the particulars of the taxpayer from the NTN Master Index to avoid duplication of registration.
In case any assessment is made or any liability is created by the commissioner under the Income Tax Ordinance, 2001 against the taxpayer, the commissioner on the basis of information as contained in Trial Register, shall allot an NTN to the taxpayer within fifteen days of the date of completion of assessment or creation of a liability under the Ordinance.
Following is the text of the SRO 05 (1)/2017 issued here on Monday: The following draft of certain further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to make in exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for the information of all persons likely to be affected thereby, as required by Sub-section (3) of said section, and notice is hereby given that the draft shall be taken into consideration by the Federal Board of Revenue after seven days of its publication in the official Gazette.
Any objection or suggestion, which may be received from any person, in respect of the said draft, before the expiry of the aforesaid period, shall be considered by the Federal Board of Revenue.
DRAFT AMENDMENT In the aforesaid Rules, in rule 81A, in sub-rule (3), after the word "CNIC", the words "(if provided)" shall be inserted.
Copyright Business Recorder, 2017