WHO IS REQUIRED TO FILE INCOME TAX RETURN | Sec 114 | Income Tax Ordinance 2001 | IIR INTERVIEW

WHO IS REQUIRED TO FILE THE INCOME TAX RETURN
Every company
Every person (other than a company) whose taxable income for the year exceeds the maximum amount that is not chargeable to tax under this Ordinance for the year like now it is 600,000/-
any non-profit organization as defined in clause (36) of section 2
every person whose income for the year is subject to final taxation under any provision of this ordinance
Person has been charged to tax in respect of any of the two preceding tax years;
Person claims a loss carried forward under this Ordinance for a tax year
owns immovable property with a land area of five hundred square yards or 16.53 Marlas or owns any flat located in areas falling within the municipal limits existing immediately before the commencement of Local Government laws in the provinces; or areas in a Cantonment; or the Islamabad Capital Territory
owns immoveable property with a land area of five hundred square yards (1 Marla = 30.25 sq yard 500/30.25= 16.53 Marlas) or more located in a rating area.
owns a flat having covered area of two 1000 Sq feet located in a rating area
owns a motor vehicle having engine capacity above 1000
has obtained National Tax Number
is the holder of commercial or industrial connection of electricity where the amount of annual bill exceeds rupees 500,000/-
a resident person registered with any chamber of commerce and industry or any trade or business association or any market committee or any professional body including Pakistan Engineering Council, Pakistan Medical and Dental Council, Pakistan Bar Council or any Provincial Bar Council, Institute of Chartered Accountants of Pakistan or Institute of Cost and Management Accountants of Pakistan
Resident person being an individual required to file foreign income and assets statement under section 116A.
Persons or classes of persons notified by the Board with the approval of the Minister in-charge
Every individual earning Income from business’ exceeds rupees 300,000 but doesn’t exceed 400,000/-

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