Income Tax Ordinance, 2001

CHAPTER-XII

TRANSITIONAL ADVANCE TAX PROVISIONS

From: 2023-07-01 - To: 0000-00-00 1[***] ______________________________________________________________________________ 1-Secton “236R” omitted by Finance Act, 2020, dated 30-06-2020. Before omission read as under: 236R. Collection of advance tax on education related expenses remitted abroad.- (1) There shall be collected advance tax at the rate specified in Division XXIIV of Part-IV of the First Schedule on the amount of education related expenses remitted abroad. (2) Banks, financial institutions, foreign exchange companies or any other person responsible for remitting foreign currency…