IFA Bangladesh webinar: Penalties under the Income Tax Act, 2023: Compliance, Consequences, and Risk Mitigation

IFA Bangladesh webinar: Penalties under the Income Tax Act, 2023: Compliance, Consequences, and Risk Mitigation | 8 August

Conducted in Bengali

This CPD webinar in Bengali will focus on the wide-ranging penalty provisions under Part 19 of the Income Tax Act, 2023. Covering over a dozen sections related to return failures, false declarations, non-compliance, and professional misconduct, the session aims to help practitioners understand how tax authorities can now impose structured and severe financial penalties for both technical and deliberate violations.

Accountants, tax practitioners, and business owners will gain clarity on how to avoid triggering penalties under sections such as 266–284, and how to defend clients with proper documentation and legal strategy. Real examples and experience will be shared to ensure practical learning.

The webinar will cover:

Overview of Part 19 – Penalties (Sections 266 to 284)
Types of offenses that attract penalties: Ø Failure to submit returns (Section 266)

Failure to maintain accounts in prescribed format (Section 267)
Use of false TIN (Section 268) Ø Failure to pay advance/self-assessed tax (Section 269)
Ignoring tax notices or order (Section 270)
Misstatement or concealment of income (Section 272)
Submitting false audit reports (Sections 273–274)

Penalty for failure to comply with specific sections (235, 237, 238, 239)
Provisions restricting discretionary penalties without written approval (Section 280)
Appeals and modifications to penalty orders (Sections 281–284)
Practical risk management strategies to avoid these penalties
Q&A session with practical compliance queries

Who is this presentation/workshop for?

Tax practitioners, public accountants, business owners, auditors, and corporate legal advisors with a good working knowledge of income tax law, especially those supporting individuals and SMEs.

Mode of delivery: Bengali

Date: Friday 8 August 2025
Time: 3:00 - 5:00pm (Dhaka time) | 10am - 12pm (UK time)
CPD hour: 2
Price: Free

About the speaker

Alii Aqbour Chowdhury FCPA, FIPA, FFA, FAIA, ACMA, LL.B, ITP

Alii Aqbour Chowdhury is a highly skilled tax accountant specializing in Bangladeshi tax and VAT law, international tax law, double taxation agreements, and relevant domestic tax regulations. He offers practical guidance to businesses both locally and internationally, providing expertise in trade expansion and local tax advice.

As the principal consultant of A Aqbour Chowdhury & Co. and the academic director of CPA Bangladesh, Alii plays a crucial role in shaping the tax landscape.

He is also actively mentoring individuals pursuing the ADIT (Advanced Diploma in International Taxation) qualification offered by the Chartered Institute of Taxation (CIOT), UK. Alii holds multiple degrees, including Honours and a Master's in Accounting, a Bachelor of Laws (LL.B), and a Post-Graduate Diploma in Tax Management from the University of Dhaka. His credentials include being a Certified Public Accountant, Cost and Management Accountant and Income Tax & Corporate Lawyer. He is a fellow of the Institute of Financial Accountants (IFA, UK), the Institute of Public Accountants (IPA, Australia), the Association of International Accountants (AIA, UK), and CPA Bangladesh. Additionally, he is a member of the Chartered Institute of Public Finance and Accountancy (CIPFA, UK), the Association of Certified Fraud Examiners (USA), and the Institute of Cost Accountants of India.

Alii is also the visionary founder and developer behind eTaxReturn.com.bd, the leading online tax return preparer in Bangladesh, as well as TaxAdviser.com.bd, a premier platform for tax advisory services. With an impressive track record and a comprehensive understanding of local and international tax regulations, Alii Aqbour Chowdhury remains at the forefront of tax consulting, delivering valuable insights to businesses and individuals alike.

CPA Bangladesh

CPA Bangladesh is a premier institution focusing on developing internationally accredited accounting and tax professionals in Bangladesh. The institution is an Academic Institutional Member of the International Association for Accounting Education and Research (IAAER) and receives support from The Institute of Financial Accountants (IFA), UK.

The institution is recognized as a centre of ATHE, a globally regulated awarding organization regulated by Ofqual, UK Government. Moreover, it is an endorsed training provider of IFA-UK, a full member of the International Federation of Accountants (IFAC). This allows CPA Bangladesh to provide the IFA Direct Programme and IFA-endorsed Post Graduate Qualifications (CPA Programme) in the country. These qualifications facilitate direct membership of two IFAC Member Bodies, IFA (UK) and IPA (Australia). Additionally, CPA Bangladesh proudly serves as a course provider for the esteemed ADIT (Advanced Diploma in International Taxation) qualification offered by the Chartered Institute of Taxation (CIOT), UK.