Income Tax Ordinance, 2001

CHAPTER-III

TAX ON TAXABLE INCOME PART IV HEAD OF INCOME: INCOME FROM BUSINESS Division III Deductions: Special Provisions

From: 2023-07-01 - To: 0000-00-00 27. Employee training and facilities.- A person shall be allowed a deduction for any expenditure (other than capital expenditure) incurred in a tax year in respect of- (a) any educational institution or hospital in Pakistan established for the benefit of the person’s employees and their dependents; (b) any institute in Pakistan established for the training of industrial workers recognized, aided, or run by the Federal Government 1[or a Provincial Government] or a 2[Local Government]; or (c) the training of any person, being a citizen of Pakistan, in connection with a scheme approved by the 3[Board] for the purposes of this section. _________________________________________________________ 1-Inserted vide the Finance Act, 2003 (I of 2003 assented on 16th June, 2003) 2-The words “local authority” substituted vide the Finance Act, 2008 (I of 2008 assented on 16th June, 2008) 3-The words “Central Board of Revenue” substituted vide the Finance Act, 2007 (IV of 2007 assented on 30th June, 2007) From: 2008-07-01 - To: 2023-06-30 27. Employee training and facilities.- A person shall be allowed a deduction for any expenditure (other than capital expenditure) incurred in a tax year in respect of- (a) any educational institution or hospital in Pakistan established for the benefit of the person’s employees and their dependents; (b) any institute in Pakistan established for the training of industrial workers recognized, aided, or run by the Federal Government 1[or a Provincial Government] or a 2[Local Government]; or (c) the training of any person, being a citizen of Pakistan, in connection with a scheme approved by the 3[Board] for the purposes of this section. _________________________________________________________ 1-Inserted vide the Finance Act, 2003 (I of 2003 assented on 16th June, 2003) 2-The words “local authority” substituted vide the Finance Act, 2008 (I of 2008 assented on 16th June, 2008) 3-The words “Central Board of Revenue” substituted vide the Finance Act, 2007 (IV of 2007 assented on 30th June, 2007) From: 2007-07-01 - To: 2008-06-30 27. Employee training and facilities.- A person shall be allowed a deduction for any…