Income Tax Act 2023 - Schedules
Table of Contents
| Schedule | Name of schedule | Part | Name of part | Para | Para Details |
|---|---|---|---|---|---|
| The First Schedule | Special tax rate [See section 24] | Part 1 | Special tax treatment in respect of investment | 1 | Special tax treatment in respect of investment in building or apartment |
| The First Schedule | Special tax rate [See section 24] | Part 1 | Disclosure of investment by paying special taxes | 2 | [***] |
| The First Schedule | Special tax rate [See section 24] | Part 2 | Voluntary disclosure of income | 1 | Voluntary disclosure of income |
| The First Schedule | Special tax rate [See section 24] | Part 3 | Disclosure of undisclosed asset | Special treatment in respect of disclosure of undisclosed asset | |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 1 | Conditions for approval of superannuation fund or pension fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 2 | Procedure for approval |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 3 | Withdrawal of approval |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 4 | Provisions relating to income and subscriptions to the fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 5 | Liabilities of trustees on cessation of approval of fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 6 | Particulars to be furnished in respect of superannuation fund or pension fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 7 | Explanation |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 1 | Conditions for approval |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 2 | Procedure for approval |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 3 | Withdrawal of approval |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 4 | Provisions relating to income and subscriptions to the Fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 5 | Management of repaid subscriptions |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 6 | Particulars to be furnished in respect of Gratuity Fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 7 | The provisions of this Part shall prevail over the rules of the fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 8 | Explanation |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 1 | Non applicability |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 2 | Conditions to be satisfied by recognized provident fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 3 | Method of recognition of Provident Funds |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 4 | Withdrawal of recognition of Provident Funds |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 5 | Treatment relating to income and contribution to the Fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 6 | Tax on accumulated balance |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 7 | Accounts of recognized Provident Funds |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 8 | Treatment of existing balance of recognized Provident Fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 9 | Treatment of fund transferred by employer to trustee |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 10 | Provisions of this part to prevail against regulations of the fund |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 11 | Appeals |
| The Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 12 | Explanation |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 1 | Depreciation allowance on assets used in agriculture |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 2 | Depreciation allowance on assets used in business |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 3 | Determination of the purchase price of an asset |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 4 | Rate of normal depreciation allowance |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 5 | Initial Depreciation Allowance |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 6 | Accelerated depreciation allowance on machinery or plant |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 7 | Provisions relating to sale or transfer of assets and gain or loss thereof |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 8 | Explanation |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 1 | Computation |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 2 | Amortization of license fee |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 3 | Amortization of pre-commencement expenditure |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 4 | Amortization of research and development expenditure |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 5 | Amortization of computer software and applications |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 6 | Amortization of inadmissible expenses |
| The Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 7 | Explanation |
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 1 | Profits of life insurance business to be computed separately | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 2 | Computation of profits and gains of life insurance business | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 3 | Computation of profits and gains of pension and annuity business | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 4 | Deductions | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 5 | Adjustment of tax paid by deduction at source | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 6 | Computation of profits and gains of other insurance business | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 7 | Profits and gains of non-resident person | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 8 | Mutual Insurance Associations | ||
| The Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 9 | Explanation | ||
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 1 | Computation of profits or gains from exploration and production of petroleum |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 2 | Computation of profits |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 3 | Depletion allowance |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 4 | Payments to the Government and taxes |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 5 | Adjustments of payments to the Government and taxes |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 6 | Carry forward of excess payments |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 7 | Sale price of oil |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 1 | Computation of the profits or gains from the exploration and production of petroleum and the determination of the tax thereon | 8 | Explanation |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 2 | Computation of profits and gains from the exploration and extraction of mineral deposits (other than oil and oil gas) in Bangladesh | 1 | Profits from exploration and extraction of mineral deposits to be computed separately |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 2 | Computation of profits and gains from the exploration and extraction of mineral deposits (other than oil and oil gas) in Bangladesh | 2 | Computation of profits |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 2 | Computation of profits and gains from the exploration and extraction of mineral deposits (other than oil and oil gas) in Bangladesh | 3 | Depletion allowance |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral deposits [See Section 47] | Part 2 | Computation of profits and gains from the exploration and extraction of mineral deposits (other than oil and oil gas) in Bangladesh | 4 | Tax exemption of profits from refining or concentrating mineral deposits |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 1 | Exclusion from the computation of total income | ||
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 2 | Deduction from the computation of total income | ||
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 3 | Eligible investments and allowances for general tax rebate | 1 | Applicability |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 3 | Eligible investments and allowances for general tax rebate | 2 | Applicable eligible investments and allowances for general tax rebate |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 4 | Tax exemption | 1 | Industrial undertaking eligible for tax exemption |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 4 | Tax exemption | 2 | Tax exempt income for entities mentioned in paragraph 1 |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 4 | Tax exemption | 3 | [***] |
| The Sixth Schedule | Tax exemptions, rebate and credits [See Section 76 [,77 and 78] ] | Part 4 | Tax exemption | 4 | [***] |
| Seventh Schedule | Special Tax Rate [See Section 18] | Special tax rate | |||
| Eight Schedule | The Special Provisions [See Section 25] | Part 1 | Business restructure | ||
| Eight Schedule | The Special Provisions [See Section 25] | Part 2 | Startup Sandbox |