Income Tax Ordinance, 2001

CHAPTER-V

PROVISIONS GOVERNING PERSONS PART II INDIVIDUALS Division II Provisions Relating to Averaging

Income Tax Ordinance, 2001 CHAPTER-V PROVISIONS GOVERNING PERSONS PART II INDIVIDUALS Division II Provisions Relating to Averaging From: 2024-12-29 - To: 0000-00-00 88. An individual as a member of an association of persons.- If, for a tax year, an individual has taxable income and derives an amount or amounts exempt from tax under sub-section (1) of section 92, the amount of tax payable on the taxable income of the individual shall be computed in accordance with the following formula, namely:–…