Income Tax Ordinance, 2001

CHAPTER-I

PRELIMINARY

From: 2023-07-01 - To: 0000-00-00 2. Definitions.- In this Ordinance, unless there is anything repugnant in the subject or context: 1[(1A) “active taxpayers’ list” means the list instituted by the Board under section 181A and includes such list issued by the Azad Jammu and Kashmir Central Board of Revenue or Gilgit-Baltistan Council Board of Revenue] _______________________________________ 1-Inserted vide the Finance Act, 2019 (V of 2019) From: 2019-07-01 - To: 2023-06-30 2. Definitions.- In this Ordinance, unless there is anything repugnant in the subject or context: 1[(1A) active taxpayers list means the list instituted by the Board under section 181A and includes such list issued by the Azad Jammu and Kashmir Central Board of Revenue or Gilgit-Baltistan Council Board of Revenue] _______________________________________ 1-Inserted vide the Finance Act, 2019 (V of 2019) From: 2007-07-01 - To: 2019-06-30 2. Definitions.- In this Ordinance, unless there is anything repugnant in the subject or context: (1A) amalgamation means the merger of one or more banking companies, or non-banking financial institutions, or insurance companies, or companies owning and managing industrial undertakings 1[or companies engaged in providing services and not being a trading company or companies,] in either case at least one of them being a public company, or a company incorporated under any law, other than Companies Ordinance, 1984 (XLVII of 1984), for the time being in force, (the company or companies which so merge being referred to as the amalgamating company or companies and the company with which they merge or which is formed as a result of merger, as the amalgamated company) in such manner that - (a) the assets of the amalgamating company or companies immediately before the amalgamation become the assets of the amalgamated company by virtue of the amalgamation, otherwise than by purchase of such assets by the amalgamated company or as a result of distribution of such assets to the amalgamated company after the winding up of the amalgamating company or companies; and (b) the liabilities of the amalgamating company or companies immediately before the amalgamation become the…