Income Tax Ordinance, 2001

CHAPTER-III

TAX ON TAXABLE INCOME PART X TAX CREDITS

From: 2023-07-01 - To: 0000-00-00 1[***] __________________________________________________________________________ 1- Section “65C” omitted by by Finance Act, 2021, dated 30-06-2021. Earlier same Section “65C” omitted by Tax Law (Second Amendments) Ordinance, 2021, dated 22-03-2021. Before omission read as: 65C. Tax credit for enlistment.- (1) Where a taxpayer being a company opts for enlistment in any registered stock exchange in Pakistan 2[on or before the 30th day of June, 2022], a tax credit equal to 3[Twenty] per cent of the tax payable shall be allowed for the tax year in which the said company is enlisted 4[and for the following 5[three tax years:]].] 6[Provided…