Section 191A of the Income Tax Ordinance allows fines or imprisonment of up to one year for companies, banks and associations of persons submitting incomplete or blank tax return information.
The Federal Board of Revenue (FBR) has outlined prosecution rules for companies, banking companies and associations of persons that fail to provide complete information in their income tax returns for Tax Year 2027.
Under Section 191A of the Income Tax Ordinance, 2001, updated up to June 30, 2026, such entities may face a fine, imprisonment for up to one year, or both upon conviction for specified reporting failures.
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Tax Year 2027 runs from July 1, 2026, to June 30, 2027.
The provision covers cases in which a company, banking company or association of persons fails to state all relevant particulars or information required in the prescribed income tax return form. This includes declaring the records maintained by the taxpayer.
It also applies where taxpayers submit blank or incomplete particulars in their income tax returns or attach blank or incomplete annexures, statements or documents that are required to be filed.
Section 191A establishes criminal consequences for these reporting failures, underlining the importance of providing complete and accurate information when submitting tax returns.
Companies, banks and associations of persons are therefore required to ensure that their returns contain the prescribed information and that all required supporting documents and annexures are properly completed.
The provision forms part of Pakistan’s income tax compliance framework, which sets out penalties and prosecution measures for violations of statutory obligations under the Income Tax Ordinance, 2001.
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