Income Tax Ordinance, 2001

CHAPTER-VI

SPECIAL INDUSTRIES PART II OIL, NATURAL GAS AND OTHER MINERAL DEPOSITS

From: 2023-07-01 - To: 0000-00-00 (6) For the purpose of sub-section (5), surplus funds mean funds or monies- (a) not spent on charitable and welfare activities during the tax year; (b) received during the tax year as donations, voluntary contributions, subscriptions and other incomes; (c) which are more than twenty-five percent of the total receipts of the non-profit…