Section 231AB at a Glance
Non-ATL Rate0.8%
Advance tax for a person not appearing on ATL.
Daily TriggerAbove Rs. 50,000
Aggregate cash withdrawn in a day.
Tax TypeAdvance Tax
Keep the bank deduction record for your return.
ATL filers: Section 231AB targets persons not appearing on ATL. Check your ATL status and ask your bank to confirm its treatment before withdrawing cash.
How to Reduce Avoidable Cash Withdrawal Tax
- Check your ATL status using the official FBR portal.
- If your status is incorrect, resolve your filing or ATL issue through FBR IRIS.
- Ask your bank to confirm the tax treatment linked to your CNIC or NTN.
- Keep your annual withholding certificate or bank statement for return filing.