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Income tax arrears of Tk 831 crore

by endroar

It is known that North South University (NSU) owes 180 crore 51 lakh rupees due to income tax. Apart from this, 45 crores of Southeast, 28 crores of Asia Pacific, 23 crores of Daffodil, 17 crores of United International and 15 crores of University of Liberal Arts Bangladesh are due.

An NBR official spoke on condition of anonymity Prothom-aloK said that there are 52 private universities under Dhaka Tax Zone 11. Out of these, 44 universities had a total income tax arrears of Tk 831 crore 10 lakhs. As of yesterday, 10 universities have deposited 32.85 million taka in the government treasury.

In two separate notifications of NBR in 2007 and 2010, the income tax payable on the income of private universities, private medical colleges, private dental colleges, private engineering colleges or private colleges engaged in teaching only information technology is fixed at 15 percent. After that, 46 writs were filed by various private universities. On February 27, the Appellate Division ordered that the private universities of the country should pay 15 percent tax on their income.

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