Tax Deducted / Collected at Source Reference Table
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SRO No: S.R.O. No.-157-Law/Income Tax-12/2025
Published Date: 26 May 2025
Effective Date: 1 July 2025
Published Date: 26 May 2025
Effective Date: 1 July 2025
Total Rows: 0
Visible Rows: 0
| Type | SL | Section | Bangla Name | Description | Tax Rate | Responsible Party | Remarks | SRO/Law |
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- “Person responsible for payment” includes employer, issuer of financial asset, payer, and where applicable the principal officer of the company or institution.
- Where payment is made net of tax, gross-up may apply for the purpose of computing withholding tax.
- If the payee fails to provide proof of return filing, the TDS/TCS rate may increase by 50% over the applicable rate.
- If the payee does not receive payment through bank transfer, the TDS/TCS rate may increase by 50% over the applicable rate, unless a different rule applies.
- Failure to deduct, collect, deposit, or otherwise comply may cause the responsible person to be treated as a defaulting taxpayer.
- A certificate of deduction or collection should include payee name, TIN if available, amount deducted/collected, applicable section, and treasury deposit details.
- All deducted or collected tax must be deposited to the government within the prescribed time or as directed by the Board.
- For Section 89, no TDS applies on supply of oil or gas by petrol pump or CNG station.
- For Section 90, if a bank, insurance company, financial institution, or mobile financial service provider pays for a service other than items 1 to 18 of the Rule 4 table, withholding under that rule does not apply.
- For Rule 4 items where both commission/fee and gross bill rates are prescribed, tax should be calculated on both bases and the higher amount should be deducted.