Web6 Oct 2024 · The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2024. The Ordinance incorporated amendments brought through … Web18 Sep 2024 · Under the ordinance, the reduced rate of 16 percent sales tax would be applicable on the supplies made by POS integrated outlets, where the payment is made through digital mode; reduced rate of 14 ...
WHT provisions do not apply to FTN holders: FBR
Webestablished under section 130 of the Income Tax Ordinance 2001 (XLIX of 2001)’’ (2) ‘appropriate officer’ means an officer of Inland Revenue authorised by the Board by notification in the official Gazette to perform certain functions under this Act; (2A) “arrears”, in relation to a person, means, on any day, the sales tax due and Web9 May 2024 · While sections 120, 121 and 122 prescribe time limits for issuance of notices, there is no such stipulation in section 161 of the Ordinance. By way of context, section 174(3) of the Income Tax Ordinance, 2001 (the Ordinance) to retain specified records, documents and accounts relating to a tax year for a period of 6 years after the end of … nis font download
FBR Fails to Defend Tax on Deemed Income in Lahore High Court
Webpurposes of the Income Tax Ordinance 2001 (XLIX of 2001); (5AAA) “computerized system” means any comprehensive information technology system to be used by the Board or any … WebThe Income Tax Ordinance, 2001. To update the tax laws and bring the country's tax laws into line with international standards, the Income Tax Ordinance 2001 was promulgated … WebIncome under the heads of income on which tax has been collected as final tax liability and no tax credit is allowed as result of Section 168 (3) of the Income Tax Ordinance, 2001 Individuals who is latest excess taxable income is less than 1 million are not required to pay Advance Tax section 147 2 of the Income Tax Ordinance 2001. Time of payment numbness in left foot symptoms