Tax Calculator

Tax Penalties Calculator

Estimate penalties for late filing, late payment, concealment, and default surcharge under the Income Tax Ordinance 2001.

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Choose the type of tax penalty or default you want to calculate

Late Filing of ReturnSection 182

Return of income not filed within the due date under Section 114. Attracts a base penalty plus a daily default amount.

Late Payment of TaxSection 205

Tax not paid by the due date specified in the demand notice. Subject to default surcharge at KIBOR + 3% per annum.

Failure to Furnish Information / StatementSection 182(1)

Failure to furnish a statement, return, or information required under the Ordinance. Daily penalty of Rs. 2,500 applies.

Concealment of IncomeSection 191

Furnishing inaccurate particulars of income or deliberately concealing income from the tax authorities. Penalty ranges from 25% to 100% of tax evaded.

Default SurchargeSection 205

Surcharge on unpaid tax calculated daily from the due date to the date of actual payment at KIBOR + 3% per annum.