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 5) In this section, “eligible depreciable asset” means a depreciable asset other than - (a) any road transport vehicle unless the vehicle is plying for hire; (b) any furniture, including fittings; (c) any plant or machinery that has been used previously in Pakistan; (d) any plant…