Income Tax Ordinance, 2001

CHAPTER-XII

TRANSITIONAL ADVANCE TAX PROVISIONS

From: 2023-07-01 - To: 0000-00-00 1[***] _____________________________________________________ 1-Secton “236X” omitted by Finance Act, 2020, dated 30-06-2020. Before omission read as under: 1[236X. Advance tax on tobacco.- (1) Pakistan Tobacco Board or its contractors, at the time of collecting cess on tobacco, directly or indirectly, shall collect advance tax at the rate of five percent of the purchase value of tobacco from every person purchasing tobacco including manufacturers of cigarettes. (2) Tax collected under this section shall be adjustable.] 1-Added vide the Finance Act, 2017 (XXVII of 2017) assented on 19th June, 2017 From: 2020-07-01 - To: 2023-06-30 1[***] ____________________________________________________________________________ 1-Secton 236X omitted by Finance Act, 2020, dated 30-06-2020. Before omission read as under: 1[236X. Advance tax on tobacco.- (1) Pakistan Tobacco Board or its contractors, at the time of collecting cess on tobacco, directly or indirectly,…