20. Statement regarding payment of interest other than interest on securities

20. Statement regarding payment of interest other than interest on securities.---      

(1)   An annual statement shall be furnished under section 109 by the person responsible for paying interest not being interest on securities in respect of amounts of interest of aggregate interest exceeding taka   1[15,000]
(2)   The annual statement under section 109 shall be in the following form and verified in the manner indicated thereon and shall be delivered-

(i)    in  the  case  of  a  company,  by  the  principal  officer  thereon  to  the  Deputy Commissioner of Taxes having jurisdiction for the time being to assess the company ; and
(ii)   in other cases, by the person responsible for the payment of the interest to the Deputy Commissioner of Taxes having jurisdiction over the area in which he resides, or the Deputy Commissioner of Taxes who has jurisdiction to assess him, as he case may be.


Statement under section 109 of the Income Tax Ordinance, 1984 (XXXVI of 1984)
regarding payment of interest   (not being interest on securities) for the year ending on
the 30th June,   19 ...         ..


Name of the payer ...   ......................................................................................

Sl. No Name of payee Address of payee Whether the payee is Resident/ Non-resident. Date of payment
1 2 3 4 5
         
 
Amount of interest or aggregate interest. Amount or tax. if any, deducted therefrom Remarks
6 7 8
     

I,............................ ..., the Principal Officer of .................................. .   hereby   certify that the above statement contains a complete list of persons to whom interest or aggregate interest exceeding taka 2[5,000] was paid during the year ending on the 30th June ,   ... .

Date .......................................                                            Signature ................................                                          Designation

............................

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1.subs.for “TK 5000”by  S.R.O. No 324-L/86,dt,30-07-1986

2 subs.for “TK 5000”by  S.R.O. No 324-L/86,dt,30-07-1986

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