Income Tax Ordinance, 2001

CHAPTER-XII

TRANSITIONAL ADVANCE TAX PROVISIONS

From: 2023-07-01 - To: 0000-00-00 1[***] ________________________________________________________ 1-Sections 236I omitted substituted by Finance Act, 2022, dated 29-06-2022. Earlier it was inserted vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013. Before omission read as: “236I. Collection of advance tax by educational institutions.- (1)There shall be collected advance tax a[from a person not appearing on the active taxpayers’ list] at the rate specified in Division XVI of Part-IV of the First Schedule on the amount of fee paid to an educational institution. (2) The person pre paring fee voucher or charge and shall charge advance tax under sub-section (1) in the manner the fee is charge. (3) Advance tax under this section shall not be collected from a person b[on an amount which is paid by way of scholarship or] where annual five does not exceed two hundred thousand rupees. (4) The term “fee” includes, tuition fee and all charges received by the educational…