Income Tax Act 2023 - Schedules
Table of Contents
| Schedule | Name of schedule | Part | Name of part | Para | Para Details |
|---|---|---|---|---|---|
| First Schedule | Special tax in respect of investment [See section 24] | Part 1 | Disclosure of investment by paying special taxes | 1 | Disclosure of investment in building or apartmens by paying special taxes |
| First Schedule | Special tax in respect of investment [See section 24] | Part 1 | Disclosure of investment by paying special taxes | 2 | Special tax treatment in respect of investment in Economic Zones or Hi-Tech Parks |
| First Schedule | Special tax in respect of investment [See section 24] | Part 2 | Voluntary disclosure of income | 1 | Voluntary disclosure of income |
| 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 |
| Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 2 | Method of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 3 | Withdrawal of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 4 | Provisions relating to income and contributons to fund |
| 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 |
| 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 |
| Second Schedule | Approved Funds [See Section 2] | Part 1 | Approved superannuation fund or pension fund | 7 | Explanation |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 1 | Conditions for approval |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 2 | Method of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 3 | Withdrawal of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 4 | Provisions relating to income and contributons to fund |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 5 | Treatment of Refunded contributions |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 6 | Particulars to be furnished for gratuity fund |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 7 | Provisions of this part shall prevail over the regulations of the fund |
| Second Schedule | Approved Funds [See Section 2] | Part 2 | Approved gratuity fund | 8 | Explanation |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 1 | Inapplicability |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 2 | Conditions to be satisfied by a recognized provident fund |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 3 | Method of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 4 | Withdrawal of approval |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 5 | Provisions relating to income and contributons to fund |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 6 | Tax on accumulated balance |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 7 | Accounts of recognized provident funds |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 8 | Recognition of provident fund with existing balance |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 9 | Treatment of fund transferred by employer to trustee |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 10 | Provisions of this part shall prevail over the regulations of the fund |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 11 | Appeal |
| Second Schedule | Approved Funds [See Section 2] | Part 3 | Recognized provident fund | 12 | Explanation |
| 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 |
| 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 |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 3 | Determination of purchase price of an asset |
| 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 |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 5 | Initial depreciation allowance |
| 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 plant or machinery |
| 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 thereon |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 1 | Computation of depreciation allowance | 8 | Explanation |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 1 | Computation |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 2 | Amortization of license fee |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 2 | Amortization of pre-commencement expenses |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 3 | Amortization of research and development expenditure |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 4 | Amortization of computer software and applications |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 5 | Amortization of unallowable expenditure |
| Third Schedule | Depreciation allowance, depletion allowance and amortization [See Section 42, 49 and 50] | Part 2 | Computation of amortization | 6 | Explanation |
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 1 | Profits of life insurance business to be computed separately | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 2 | Computation of profits and gains of life insurance business | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 3 | Computation of profits and gains of pension and annuity | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 4 | Deduction | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 5 | Adjustment of tax paid by deduction at source | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 6 | Computation of profits and gains of other insurance business | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 7 | Profits and gains of non-resident person | ||
| Fourth Schedule | Computation of the profits and gains of insurance business [See Section 47] | 8 | Mutual Insurance Associations | ||
| 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 resources [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 the exploration and production of petroleum |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral resources [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 resources [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 resources [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 | Amounts and taxes payable to Government |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral resources [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 | Adjustment of amounts and taxes paid to Government |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral resources [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 resources [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 resources [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 resources [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 | Separate account of profits from exploration and extraction of mineral reserves |
| Fifth Schedule | Computation of the profits or gains in respect of certain mineral resources [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 resources [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 resources [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 reserves |
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 1 | Exclusions from computation of total income | ||
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 2 | Exclusions from total income | ||
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 3 | Investments and expenses applicable for general tax relief | ||
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 4 | Tax holidays | 1 | Industrial undertaking eligible for tax holidays |
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 4 | Tax holidays | 2 | Tax exempted income for entities referred to in paragraph 1 |
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 4 | Tax holidays | 3 | Physical infrastructure eligible for tax holidays |
| Sixth Schedule | Tax Exemptions, concessions and credits [See Section 76] | Part 4 | Tax holidays | 4 | Tax exempted income for entities referred to in paragraph 3 |
| Seventh Schedule | Special Tax Rate [See Section 18] | Special tax rate | |||
| Eight Schedule | Special Provisions [See Section 25] | Part 1 | Business restructuring | ||
| Eight Schedule | Special Provisions [See Section 25] | Part 2 | Startup sandbox |