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 “59C” omitted by substituted by Finance Act, 2022, dated 30-06-2022, with effect from 2nd March, 2022. Earlier Section “59C” inserted by Income Tax (Amendment) Ordinance, 2022, dated 03-03-2022. Before omission section “59C” read as: “59C. Carry forward of business losses of sick industrial units.- (4) The loss of the…