Income Tax Services
Corporate and individual NBR tax return filing, e-TIN registration, TDS compliance, tax planning, and assessment representation.
Service Overview
Bangladesh’s direct tax framework under the Income Tax Act 2023 places heightened emphasis on proof of return submission (PSR), accurate source tax deduction (TDS), and reconciliation between bank flows, assets, and reported income. Both corporate entities and individual taxpayers face financial penalties and disallowed expenses when withholding rules or filing deadlines are overlooked.
M.S. Salekin & Co. provides structured, compliant income tax advisory and representation before the National Board of Revenue (NBR). We focus on accurate tax computation, lawful rebates and exemptions, timely advance tax deposits, and thorough documentation to withstand Circle assessments.
Who This Service Is For
- Private and Public Limited Companies, Branches, Liaison Offices, and Partnership Firms
- Company Directors, Salaried Executives, Professionals, Doctors, Engineers, and Consultants
- SME Proprietors, Importers, Exporters, Contractors, and Real Estate Landowners/Developers
- IT/ITES Exporters and Freelancers receiving foreign remittance through banking channels
- Non-Resident Bangladeshis (NRBs) and Expatriate Employees working in Bangladesh
What We Do & Key Deliverables
Every engagement is scoped in writing with clear outputs reviewed by Mohammad Sirajus Salekin, FCA.
Corporate Income Tax Return Preparation & Filing
Computation of total income and tax liability under the Income Tax Act 2023, adjustment of admissible/inadmissible expenses, minimum tax calculation, and return filing.
Individual Tax Return & Wealth Statement (IT-10B)
Preparation of individual returns covering salary, business, house property, capital gains, and investment rebates, with complete reconciliation of net wealth accretion and lifestyle expenses.
Withholding Tax (TDS/TCS) Compliance & Return Filing
Advisory on applicable TDS rates across payments (suppliers, rent, professional fees, salaries), Treasury Challan / A-Challan verification, and periodic withholding tax return submission.
e-TIN Registration & Tax Certificates
Obtaining 12-digit e-TIN certificates, updating taxpayer profiles, and procuring Proof of Submission of Return (PSR) / Tax Clearance Certificates.
Tax Assessment, Hearing & Appeal Support
Drafting written explanations, compiling hearing files, and representing taxpayers before Deputy Commissioners of Taxes (DCT), Appellate Commissioners, and the Taxes Appellate Tribunal.
Documents Typically Required
We share a customized document request list upon engagement onboarding. Core records typically include:
- 12-digit e-TIN Certificate and prior year Income Tax Return + Acknowledgement Receipt / PSR
- Bank statements for all personal or corporate accounts covering the full income year (July–June)
- Salary certificate, TDS challans, and Provident Fund statements (for salaried individuals)
- Audited Financial Statements and Trial Balance (for companies and applicable entities)
- Investment proofs eligible for tax rebate (DPS, Sanchayapatra, Govt. Treasury Bonds, Listed Shares, Life Insurance)
- Property purchase/sale deeds, loan statements, vehicle registration papers, and BO account certificates
Typical Engagement Timeline
Actual turnaround depends on transaction volume, readiness of primary records, and regulatory authority processing queues.
Document Collection & Income Mapping
Review of bank statements, TDS certificates, prior return balances, and asset changes.
Computation & Wealth Reconciliation
Drafting tax computation, rebate calculation, and net wealth reconciliation (for individuals) or corporate schedules.
Client Review & Tax Deposit
Walkthrough of draft return, adjustment of advance/source tax, and A-Challan/Pay Order deposit.
Submission & PSR Archiving
Filing at the respective Taxes Circle or NBR e-Return portal and issuing verified acknowledgement copies.
Relevant Bangladesh Laws & Authorities
Income Tax Act 2023 & Finance Acts
Primary statute governing direct tax rates, TDS, minimum tax, and return filing
National Board of Revenue (NBR)
Central authority administering Taxes Zones, Circles, and e-Return systems
Withholding Tax Rules
Governs source deduction obligations, challan deposit timelines, and withholding returns
Frequently Asked Questions — Income Tax Services
Let’s talk about what comes next.
Schedule a confidential initial consultation with Mohammad Sirajus Salekin, FCA (Fellow Chartered Accountant (FCA), Member of ICAB) to discuss your organisation’s statutory requirements or personal tax filing.