আয়ের স্বপ্রণোদিত প্রদর্শন

(1) A return mentioned in section 24 shall be considered valid if—
     (a) the said person, prior to filing the return—
          (i) pays the payable tax on the total income including such income; and
          (ii) pays a penalty at the rate of 10% (ten percent) of the proportional tax on the undisclosed income;
     (b) the return of income is filed within the time limit mentioned in section 171; and
     (c) a declaration is attached with the return mentioning the following particulars—
           (i) name of the declarant;
           (ii) source and amount of the declared income; and
           (iii) tax and penalty paid on the declared income.

(2) The provisions of section 24 and this schedule shall not apply if—
       (a) prior to the filing of the return of such income, any notice is issued under section 212 for concealment of           any income, asset, or expenditure, or for tax evasion on any income or part thereof;
       (b) prior to the filing of the return of such income, any notice is issued under sub-section (2) of section 200 on         any banking company; 
       (c) prior to the filing of the return of such income, any proceeding is initiated under sections 311–313; 
       (d) any income declared under this paragraph—
            (i) is not derived from any legal source; or
            (ii) is derived from any criminal activity under any other currently applicable law; or
       (e) any income declared under this paragraph is exempted from tax in the relevant assessment year.

(3) Income disclosed under section 24 and this schedule may be invested in any productive activity or sector, including but not limited to—
       (a) establishment and expansion of industrial enterprises;
       (b) standardization, modernization, renovation, and expansion of any existing industrial plant;
       (c) buildings, apartments, or land;
       (d) securities listed on the Bangladesh Stock Exchange; or
       (e) any business, trade, or industrial enterprise engaged in the production of goods and services.

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