Section 139 of the Income Tax Ordinance, 2001 tells about the tax recovery from shareholders of a company in liquidation. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 139 of Income Tax Ordinance, 2001: […]

In a move to streamline tax regulations in Pakistan, the Federal Board of Revenue (FBR) has underscored the intricacies of tax liability when an individual is state of bankruptcy.

Section 138A of the Income Tax Ordinance, 2001 explains the tax recovery through the district officer. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 138A of Income Tax Ordinance, 2001: 138A. Recovery of tax […]

Section 138 of the Income Tax Ordinance, 2001 empowers tax authorities to make recovery of outstanding amount through attachment of property or arrest of taxpayers, or both.

Section 137 of the Income Tax Ordinance, 2001 explains about the due date for making payment of tax. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021.

Section 136 of Income Tax Ordinance, 2001 elucidates a crucial change in the burden of proof, now placing the responsibility squarely on the taxpayers when pursuing appeals.

Section 134A of the Income Tax Ordinance, 2001 explains alternate dispute resolution under ordinance. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021.

Section 133 of the Income Tax Ordinance, 2001 tells about the appeal filed in the High Court against Appellate Tribunal Inland Revenue (ATIR) decision. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 133 […]

Section 132 of the Income Tax Ordinance, 2001 explains the disposal of appeals by Appellate Tribunal Inland Revenue (ATIR). The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 132 of Income Tax Ordinance, 2001: 132. […]

Section 131 of the Income Tax Ordinance, 2001 tells that how to make an appeal before Appellate Tribunal Inland Revenue (ATIR). The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following is the text of Section 131 of Income Tax Ordinance, […]