Income Tax Ordinance, 2001

CHAPTER-XII

TRANSITIONAL ADVANCE TAX PROVISIONS

From: 2023-07-01 - To: 0000-00-00 1[***] ________________________________________________________________________ 1-Section “236P” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: “236P. Advance tax on banking transactions otherwise than through cash.- (2) Every banking company shall collect advance adjustable tax from a 2[person whose name is not appearing in the active taxpayers’ list] at the time of transfer of any sum through cheque or clearing, interbank or intra bank transfers…