7. Duty to furnish statements: Every person liable to pay the wealth tax pursuant to this Act or prevailing law has to furnish, or cause to be furnished, statements of the wealth in his/her name or his/her family’s name with the Tax Officer of the  area where such person resides or with the Tax Officer of the area where major of wealth belongs to such person is situated, no later than the last day of the month of Ashwin (about mid October) of each year.
Provided, however, that statements of the wealth for fiscal year 2047/048 (1990/1991) may be submitted within the last day of the month of Ashad of 2048 (about mid July 1991).
(2) A person residing outside of the Nepal shall furnish, or cause to be furnished such statement with the Tax Officer of Kathmandu.
(3) Any person out of the joint ownership over the wealth may furnish statements of the wealth so owned by more than one person.