Income Tax Ordinance, 2001

CHAPTER-X

PROCEDURE PART I RETURNS

Income Tax Ordinance, 2001 CHAPTER-X PROCEDURE PART I RETURNS From: 2024-12-29 - To: 0000-00-00 117. Notice of discontinued business.- (1) Any person discontinuing a business shall give the Commissioner a notice in writing to that effect within fifteen days of the discontinuance. (2) The person discontinuing a business shall, under the provisions of this Ordinance or on being required by the Commissioner by notice, in writing, furnish a return of income for the period commencing on the first day of the tax year in which the discontinuance occurred and ending on the date of discontinuance and this period shall be treated as a separate tax year for the purposes of this Ordinance. (3) Where no…