Income Tax Ordinance, 2001

CHAPTER-V

PROVISIONS GOVERNING PERSONS PART IIIASSOCIATIONS OF PERSONS

Income Tax Ordinance, 2001 CHAPTER-V PROVISIONS GOVERNING PERSONS PART III ASSOCIATIONS OF PERSONS   From: 2024-12-29 - To: 0000-00-00   (1) 1[***] An association of persons shall be liable to tax separately from the members of the association and 2[where the association of persons has paid tax the] amount received by a member of the association in the capacity as member out of the income of the association shall be exempt from tax 3[:] 4[Provided that if at…