Lahore 24°C
Karachi 29°C
Islamabad 20°C
Prosecution for failure to maintain records
Prosecution for failure to maintain records.—A person who fails to maintain records as required under this Ordinance shall commit an offence punishable on conviction with –
(a) where the failure was deliberate, a fine not exceeding fifty thousand rupees or imprisonment for a term not exceeding two years, or both; or (b) in any other case, a fine not exceeding fifty thousand rupees .
(a) where the failure was deliberate, a fine not exceeding fifty thousand rupees or imprisonment for a term not exceeding two years, or both; or (b) in any other case, a fine not exceeding fifty thousand rupees .
Amendment history (4)
- Inserted by the Finance Act, 2009.
- New sub section 192B inserted through Finance Act, 2019.
- Inserted by the Finance Act, 2008.
- The word “Card” substituted by the Finance Act, 2005.
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 415
Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.