Income Tax Ordinance, 2001

CHAPTER-V

PROVISIONS GOVERNING PERSONS PART VA TAX LIABILITY IN CERTAIN CASES

From: 2023-07-01 - To: 0000-00-00 98A. Change in the constitution of an association of persons.- Where, during the course of a tax year, a change occurs in the constitution of an association of persons, liability of filing the return on behalf of the association of persons for the tax year shall be on the association of persons as constituted at the time of filing of such return but the income of the association of persons shall be apportioned among the members who were entitled to receive it and, where the tax assessed on a member cannot be recovered from him it shall be recovered from the association of persons as constituted at the time of filing the return. ______________________________________________________________ 1-Inserted vide the Finance Act, 2003 (I of 2003 assented on 16th June, 2003) From: 2003-07-01 - To: 2023-06-30 98A. Change in the constitution of an…