Part 6: Exemption, Deduction And Tax Holiday
Chapter I: Exemption, Reduction And Deduction
Section 153 (Collection of advance tax from 1[***] motor vehicle owners.)
clause 1: Every person owning a 2[***] motor vehicle shall be deemed to have an income by which the motor vehicle is maintained and shall pay advance income tax at such rate and in such manner as may be prescribed.
clause 2: Subject to the provisions of sub-section
clause 3: , the person or authority responsible for the registration and fitness renewal of motor vehicles shall not register or renew fitness renewal of a motor vehicle unless a chalan of advance tax paid at the rate mentioned in the following table is furnished with the application for the registration or fitness renewal of the motor vehicle, namely: Serial No. Type and engine capacity of motor vehicle Advance tax (in taka)
clause 3: 1. A motor vehicle, not exceeding 1500cc or 75kw 25 (Twenty five) thousand 2. A motor vehicle, exceeding 1500cc or 75kw but not exceeding 2000cc or 100 kw 50 (Fifty) thousand 1 The word private was omitted by section 52(a) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024. 2 The word private was omitted by section 52(b) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.
clause 3: 3. A motor vehicle, exceeding 2000cc or 100 kw but not exceeding 2500cc or 125 kw 75 (Seventy five) thousand 4. A motor vehicle, exceeding 2500cc or 125 kw but not exceeding 3000cc or 150 kw 1 (one) lakh 25 (twenty five) thousand 5. A motor vehicle, exceeding 3000cc or 150 kw but not exceeding 3500cc or 175 kw 1 (one) lakh 50 (fifty) thousand 6. A motor vehicle, exceeding 3500cc or 175 kw 2 (two) lakh 7. For each microbus 30 (Thirty) thousand): Provided that the rate of tax shall be 50% (fifty percent) higher for each additional motor vehicle if the owner has two or more motor vehicles in his name or in joint names with other person.
clause 3: Where registration or fitness is renewed for more than one year, the tax payable under sub-section
clause 2: shall be collected on the subsequent year of registration or fitness renewal or on or before the 30th day of June of the year.
clause 4: Where any person fails to pay advance tax as per sub-section
clause 3: in any year, the amount of advance tax to be paid by such person in the following year shall be determined under rule A+B, where A = amount of advance tax unpaid in previous year or years; and B = amount of advance tax payable under sub-section
clause 2: in the year of payment.
clause 5: Advance tax shall not be collected under sub-section
clause 2: if the motor vehicle belongs to the following persons or organizations, namely: (a) Government or local authority; (b) any project, program or activity under the Government or local government; (c) any foreign diplomat, any diplomatic mission in Bangladesh, offices of the United Nations and its constituent organizations;(d) any foreign development partner of Bangladesh and its affiliated office or offices; (e) 1[any orphanage, religious place of worship and] any educational institution under the (Monthly Payment Order) of the Government (MPO); (f) any public university; (g) Gazetted war-wounded freedom fighters; or (h) any organization obtaining a certificate from the Board to the effect that no advance tax shall be paid.
clause 6: Where a person pays advance tax under sub-section
clause 2: , and the tax applicable to the income from regular sources of such person is less than such advance tax, such person shall be deemed to have had such notional income in the income year on which the tax calculated is leviable under sub-section
clause 2: .
clause 7: Advance tax paid under sub-section
clause 2: shall not be refundable.
clause 8: For the purpose of this section (a) motor vehicle shall include jeeps and microbuses, but shall not include any motor vehicle and motorcycle mentioned in section 138; (b) income from regular sources means income from any source other than the sources mentioned in sub-section
clause 2: of section 163.