Income Tax Ordinance, 2001
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Income Tax Ordinance, 2001 with comparative tables : amended & corrected by Pakistan.

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Published by The Ideal Publishers in Karachi .
Written in English

Subjects:

Places:

  • Pakistan.

Subjects:

  • Income tax -- Law and legislation -- Pakistan

Book details:

Edition Notes

Statementby Zaka Ali.
ContributionsAli, Zaka.
Classifications
LC ClassificationsKPL2832.A312001 A4 2004b
The Physical Object
Pagination324 p. ;
Number of Pages324
ID Numbers
Open LibraryOL3367716M
LC Control Number2004439509

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Short title, extent and commencement.—(1) This Ordinance may be called the Income Tax Ordinance, (2) It extends to the whole of Pakistan. (3) It shall come into force on such date as the Federal Government may, by notification in official Gazette, appoint. (a) the aggregate of the person s turnover for the tax year shall be treated as the income of the person for the year chargeable to tax; (b) the person shall pay as income tax for the tax year (instead of the actual tax payable under this Ordinance), an amount equal to one-half per cent of the person s turnover for the year; and. INCOME TAX ORDINANCE, AMENDED UPTO TABLE OF CONTENTS SECTIONS CHAPTER 1 PRELIMINARY PAGE NO. 1. Short title, extent and commencement 1 2. Definitions 1 3. Ordinance to override other laws 25 CHAPTER II CHARGE OF TAX 4. 2Tax on taxable income 5 4B. Super tax for rehabilitation of temporary displaced persons. 27 5. Tax File Size: 6MB. The Income Tax Ordinance, Section. Capital gains (1) Subject to this Ordinance, a gain arising on the disposal of a capital asset by a person in a tax year, other than a gain that is exempt from tax under this Ordinance, shall be chargeable to tax in .

The Income Tax Ordinance, Section. the amount of tax due under sub-section (1) of section , and (b) No appeal under sub-section (1), shall be made by a taxpayer again ** an order of assessment unless the taxpayer has paid the amount of tax due under sub-section (1) of section (3) An appeal. Taxable income.- The taxable income of a person for a tax year shall be the total income of the person for the year reduced (but not below zero) by the total of any deductible allowances under Part IX of this Chapter of the person for the year. Income Tax Ordinance, amended upto 11th March, Income Tax Ordinance, Amended upto Income Tax (Amendment) Ordinance, Tax Laws (Amendment) Ordinance, Ordinance No XV of - The exemption of withholding tax under sub-section (4) of Section P of the Income Tax Ordinance, available to . The Income Tax Ordinance, Section. Agricultural income.- (1) Agricultural income derived by a person shall be exempt from tax under this Ordinance. (2) In this section, “agricultural income” means, - (a) any rent or revenue derived by a person from land which is situated in Pakistan and is used for agricultural purposes;.

The Income Tax Ordinance, Section. Appeal to the Appellate Tribunal.- (1) Where the taxpayer or Commissioner objects to an order passed by the Commissioner (Appeals), the taxpayer or Commissioner may appeal to the Appellate Tribunal against such order. (2) An appeal under sub-section (1) shall be– (a) in the prescribed form;. INCOME TAX MANUAL PART- 1 THE INCOME TAX ORDINANCE, (XXXVI OF ) [As amended up to July, ] Published by- Deputy Director Bangladesh Forms & Publication, Dhaka Printed by- Deputy Director Bangladesh Government Press, Dhaka File Size: 1MB. INCOME TAX ORDINANCE, AMENDED UPTO TABLE OF CONTENTS SECTIONS CHAPTER 1 PRELIMINARY PAGE NO. 1. Short title, extent and commencement 1 2. Definitions 1 3. Ordinance to override other laws 26 CHAPTER II CHARGE OF TAX 4. 26Tax on taxable income 4B. Super tax for rehabilitation of temporary displaced persons. 27 5. Tax on . Whether or not the provisions of section (2) of the Income Tax Ordinance, (hereinafter “ITO ”) being procedural in nature would have retrospective effect in pursuant to the amendment brought about in section (2) of the ITO through Finance Act