Income Tax Ordinance, 2001

CHAPTER-XII

TRANSITIONAL ADVANCE TAX PROVISIONS

From: 2023-07-01 - To: 0000-00-00 1[***] ____________________________________________________________________ 1-Section “235A” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: a[235A. Domestic electricity consumption.- (1) There shall be collected advance tax at the rates specified in Division XIX of Part IV of the First Schedule on the amount of electricity bill of a domestic consumer. b[Explanation-For removal of doubt, it is clarified that for the purposes of this section, electricity consumption bill referred to in sub-section (2) means electricity bill inclusive of sales tax and all incidental charges.] (2) The person preparing electricity consumption bill shall charge advance tax under sub-section (1) in the manner electricity consumption charges are charged. (3) Tax collected under this section shall be adjustable against tax liability. a-Inserted vide the Finance Act, 2014 b-Inserted vide the Finance Act, 2017 (XXVII of 2017) assented on 19th June, 2017 From: 2021-07-01 - To: 2023-06-30 1[***] ____________________________________________________________________ 1-Section “235A” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: a[235A. Domestic electricity consumption.- (1) There shall be collected advance tax at the rates specified in Division XIX of Part IV of the First Schedule on the amount of electricity bill of a domestic consumer. b[Explanation-For removal of doubt, it is clarified that for the purposes of this section, electricity consumption bill referred to in sub-section (2) means electricity bill inclusive of sales tax and all incidental charges.] (2) The person preparing electricity consumption bill shall charge advance tax under sub-section (1) in the manner electricity consumption charges are charged. (3) Tax collected under this section shall be adjustable against tax liability. a-Inserted…