Income Tax Ordinance, 2001

CHAPTER-III

TAX ON TAXABLE INCOME PART VII EXEMPTIONS AND TAX CONCESSIONS

From: 2023-07-01 - To: 0000-00-00 1[***] _________________________________________________________________ 1-Section “60C” omitted by substituted by Finance Act, 2022, dated 30-06-2022. Before omission section “60C” read as: a[60C. Deductible allowance for profit on debt.- (1) Every individual shall be entitled to a deductible allowance for the amount of any profit or share in rent and share in appreciation for value of house paid by the individual in a tax year on a…