Rule 3
Statement To Be Furnished
3. Statement to be furnished :
(1) A taxpayer has to furnish, or cause to be furnished, the statement of the house and land in the urban area in
the format as referred to in Schedule (A) and the statement of any house and land or foreign investment in the format as referred to in Schedule (A) or (B); it shall be sufficient for a taxpayer who has already furnished, or caused to be furnished, the statement of any house and land or foreign investment in the format as referred to in Schedule (A) or Schedule (B) but only for any year not to furnish the statement as referred to in Schedule (A) or (B) to give a due notice in writing indicating the statement previously furnished is applicable, except in cases where any alteration has been made in the wealth as referred to in the statement.
(2) In furnishing the statement of foreign investment of any year, the market value of governmental security, shares, bank account and other kind of cash investment prevailing on the 1st day of Shrawan about (mid July) of that year and the rental value of the house and land fixed by the Municipality in that area have also to be submitted along
with the evidence thereof.
(3) A taxpayer who normally resides outside Nepal has to furnish, or cause to be furnished, such statement with the Wealth Tax Officer of Valley Eastern Region .
(1) A taxpayer has to furnish, or cause to be furnished, the statement of the house and land in the urban area in
the format as referred to in Schedule (A) and the statement of any house and land or foreign investment in the format as referred to in Schedule (A) or (B); it shall be sufficient for a taxpayer who has already furnished, or caused to be furnished, the statement of any house and land or foreign investment in the format as referred to in Schedule (A) or Schedule (B) but only for any year not to furnish the statement as referred to in Schedule (A) or (B) to give a due notice in writing indicating the statement previously furnished is applicable, except in cases where any alteration has been made in the wealth as referred to in the statement.
(2) In furnishing the statement of foreign investment of any year, the market value of governmental security, shares, bank account and other kind of cash investment prevailing on the 1st day of Shrawan about (mid July) of that year and the rental value of the house and land fixed by the Municipality in that area have also to be submitted along
with the evidence thereof.
(3) A taxpayer who normally resides outside Nepal has to furnish, or cause to be furnished, such statement with the Wealth Tax Officer of Valley Eastern Region .