The National Board of Revenue (NBR) has warned that filing so-called ‘zero returns’—where a taxpayer declares zero income, expenses, assets, or liabilities—is illegal and punishable by up to five years in prison under Sections 312 and 313 of the current Income Tax Act. An NBR notice clarified that there is no provision for such a return in the law, and submitting false or misleading information constitutes a criminal offense. Individual taxpayers must submit their annual returns between July 1 and November 30 each year, accurately reporting their annual income and expenses.