In: Accounting
(a) List the persons who are required to file a tax return under
the provisions of the Income Tax Ordinance, 2001. (04)
(b) In the light of the provisions of the Income Tax Ordinance,
2001:
(i) Identify the circumstances under which the Commissioner of
Income Tax may require a person to furnish a return of income for a
period of less than twelve months. (03)
(ii) State the consequences if a person fails to furnish the return
as required in (i) above. (03)
(kindly answer in the context of pakistan)