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Income Tax Ordinance, 2001
CHAPTER-XII TRANSITIONAL ADVANCE TAX PROVISIONS
From: 2023-07-01 - To: 0000-00-00 1[***] ______________________________________________________________________ 1-Sections “233AA” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: 1[233AA. Collection of tax by NCCPL.- NCCPL shall collect advance tax from the members of Stock Exchange registered in Pakistan, 2[, margin financiers, trading financiers and lenders] in respect of margin financing in share business 3[or providing of any margin financing, margin trading or securities lending under Securities (Leveraged Markets and Pledging) Rules, 2011 in share business” shall be inserted] at the rate specified in Division 4[IIB] of Part IV of First Schedule] 5[: Provided that the provisions of this section shall not apply to any Mutual Fund specified in sub-clause (2) of clause (57) of Part I of the Second Schedule.] 1-Section (233AA) inserted vide Finance Act, 2012 2-Inserted vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013 3-Inserted vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013 4-Substituted for the letters “IIA” the letters “IIB” vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013 5-For the full stop at the end a colon ws substituted and thereafter the proviso was added vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013 From: 2021-07-01 - To: 2023-06-30 1[***] ______________________________________________________________________ 1-Sections “233AA” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: 1[233AA. Collection of tax by NCCPL.- NCCPL shall collect advance tax from the members of Stock Exchange registered in Pakistan, 2[, margin financiers, trading financiers and lenders] in respect of margin financing in share business 3[or providing of any margin financing, margin trading or securities lending under Securities (Leveraged Markets and Pledging) Rules, 2011 in share business” shall be inserted] at the rate specified in Division 4[IIB] of Part IV of First Schedule] 5[: Provided that the provisions of this section shall not apply to any Mutual Fund specified in sub-clause (2) of clause (57) of Part I…
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