Income Tax Ordinance, 2001

CHAPTER-X

PROCEDURE PART V ADVANCE TAX AND DEDUCTION OF TAX AT SOURCE Division III Deduction of Tax at Source

From: 2023-07-01 - To: 0000-00-00 1[***] _________________________________________________________________________ 1-Section “150A” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: “a[150A b[Return on investment in Sukuks].- Every special purpose vehicle c[, or a company, at the time of] making payment of a return on investment in sukuks to a sukuk holder shall deduct tax from the gross amount of return on investment at the rate specified in Division IB of Part III of the First Schedule.] a-Inserted vide the Tax Laws (Amendment) Ordinance 2016 dated 31st August, 2016 (Ordinance No. V of 2016) b-Substituted for the marginal note “Deduction of tax by special purpose vehicle” vide the Finance Act, 2017 (XXVII of 2017) assented on 19th June, 2017 c-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 “150A” omitted by Finance Act, 2021, dated 30-06-2021. Before omission read as: “a[150A b[Return on investment in Sukuks].- Every special purpose vehicle c[, or a company, at the time of] making payment of a return on investment in sukuks to a sukuk holder shall deduct tax from the gross amount of return on investment at the rate specified in Division IB of Part III of the First Schedule.] a-Inserted vide the Tax Laws (Amendment) Ordinance 2016 dated 31st August, 2016 (Ordinance No. V of 2016) b-Substituted for the marginal note “Deduction of…