Non Submission letter of TCC

11th January 2024 The Director Foreign Exchange Investment Department Bangladesh Bank Motijeel C/A, Dhaka, Bangladesh Through: Premier Bank Limited, Gulshan Circle-2 Branch, Gulshan, Dhaka-1213, Bangladesh. Subject: Non-Submission of Tax Clearance Certificate for the assessment year 2023-2024 Dear Sir, I would like to inform you that, we INTERNATIONAL MANPOWER DEVELOPMENT ORGANIZATION (IM) JAPAN have obtained permission extension on 08 July 2023 for 2 years from Bangladesh Investment Development Authority (BIDA Ref No: OPE-12Jun2023-00002). We have submitted our Tax Return file for assessment purposes which is now under the National Board of Revenue (NBR). Hence, we are unable to provide updated Tax Clearance Certificate as a supporting with 18B of the Foreign Exchange Regulation (Amendment) Act, 2015. But we added here the “Acknowledgement receipt of Tax for the assessment year 2023-2024”. It is mentionable that, as per section 184A(2)(a) of Income Tax Ordinance 1984 an acknowledgment receipt of return shall be the proof of submission of return (PSR) and as per sub-section 3 of the said section the proof of submission of return shall be furnished in the case of obtaining the various services (including government and its regulatory authorities) as mentioned in this sub-section. INTERNATIONAL MANPOWER DEVELOPMENT ORGANIZATION (IM) JAPAN is depositing Tax and VAT regularly as per the existing regulation of Bangladesh. It is requested to accept the “Acknowledgement receipt of Tax for the assessment year 2023-2024” as supporting instead of “Tax Clearance Certificate for the assessment year 2023-2024”. Sincerely, √ ____________________ Yoshihiro Hotta General Manager of the company INTERNATIONAL MANPOWER DEVELOPMENT ORGANIZATION (IM) JAPAN