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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 153A was omitted vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013. At the time of omission section 153A was as under:-- i[153A. Payment to Traders and Distributors.- (1) Every manufacturer, at the time of sale to distributors, dealers and wholesalers, shall collect tax at the rate specified in Part IIA of the First Schedule from the aforesaid persons, to whom such sales have been made (2) Tax credit for the tax collected under sub-section (1) shall be allowed in computing the tax due by the person on the taxable income for the tax year in which the tax was collected. i. Section (153A) was substituted vide the Finance Act, 2012. AT the time of substitution, section (153A) was as under:-- *[153A. Payments to non-resident media person,-Every person making a payment for advertisement services to a non-resident media person relaying from outside Pakistan shall deduct tax from the gross amount paid at the rate specified in Division IIIA of Part III of the First Schedule. *Section 153A inserted vide the Finance Act, 2008 (I of 2008 assented on 26th June, 2008) From: 2013-06-30 - To: 2023-06-30 1[***] __________________________________________________________________ 1-Section 153A was omitted vide the Finance Act, 2013 (Act No. XXII of 2013) assented on 29th June, 2013. At the time of omission section 153A was as under:-- i[153A. Payment to Traders and Distributors.- (1) Every manufacturer, at the time of sale to distributors, dealers and wholesalers, shall collect tax at the rate specified in Part IIA of the First Schedule from the aforesaid persons, to whom such sales have been made (2) Tax credit for the tax collected under sub-section (1) shall be allowed in computing the tax due by the person on the taxable income for the tax year in which the…
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