Income Tax Ordinance, 2001

CHAPTER-X

PROCEDURE PART XII 1[DEFAULT SURCHARGE

From: 2023-07-01 - To: 0000-00-00 (3) A person who fails to 27[collect tax, as required under Division II of Part V of this Chapter or Chapter XII or deduct tax as required under Division III of Part V of this Chapter or Chapter XII or fails to] pay an amount of tax collected or deducted as required under section 160 on or before the due date for payment shall be liable for 28[default surcharge] at a rate equal to 29[ 30[ 31[12] percent per annum] ] on the amount unpaid computed for the period commencing on the date the amount was required to be collected or deducted…