Thursday, October 18, 2018
Following are most relevant Section of Income Tax Ordinance (ITO) , 2001 which can be relevant to a number of tax payer.
Income Tax Theory
01. Return Section 114-119
02. Assessment Section 120-126
03. Appeal, Collection and recovery Section 127-146 B
04. Refund Section -170
05.Record and Audit Section 172-180 ,214 -C ,D (214 D repealed October -18
06. Service of notice, representative ,
Authorized representative Section 223,218,172
07. Withholding tax on salaries Section 149
08. Withholding tax on payment to Foreign
resident Section 152
09.Profit on Debt Section 151
10.Payment for goods , services and contracts Section -153
11.Export Section -154
12. Income from Property Section -155
13. Petroleum Products Section 156-A
14.Tax on Prize and Winnings Section -156
15. Time of Deduction of Tax Section -158
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