Income Tax Ordinance, 2001

CHAPTER-II

CHARGE OF TAX

Income Tax Ordinance, 2001 CHAPTER-II CHARGE OF TAX From: 2024-12-29 - To: 0000-00-00 1[4B. Super tax for rehabilitation of temporarily displaced persons.- (1) A super tax shall be imposed for rehabilitation of temporarily displaced persons, for tax 2[years 2015 3[ 4[5[and onwards]]]], at the rates specified in Division IIA of Part I of the First Schedule, on income of every person specified in the said Division. (2) For the purposes of this section, “income” shall be the sum of the following:- (i) profit on debt, dividend, capital gains, brokerage and commission; (ii) taxable income 6[(other than brought forward depreciation and brought forward business losses)] under section (9) of this Ordinance; (iii) imputable income as defined in clause (28A) of section 2;and (iv) income computed 7[(other than brought forward depreciation, brought forward amortization and brought forward business losses)] under Fourth, Fifth, Seventh and Eighth Schedule. (3) The super tax payable under sub-section (1) shall be paid, collected and deposited on the date and in the manner as specified in sub-section (1) of section 137 and all provisions of Chapter X of the Ordinance shall apply. (4) Where the super tax is not paid by a person liable to pay it, the Commissioner shall by an order in writing, determine the Super tax payable, and shall serve upon the person, a notice of demand specifying the super tax payable and within the time specified under…