Section 54 of Income Tax Ordinance, 2001 has explained about exemptions and tax provisions in other laws.
Following is the text of Section 54 of Income Tax Ordinance, 2001:
54. Exemptions and tax provisions in other laws.—No provision in any other law providing for —
(a) an exemption from any tax imposed under this Ordinance;
(b) a reduction in the rate of tax imposed under this Ordinance;
(c) a reduction in tax liability of any person under this Ordinance; or
(d) an exemption from the operation of any provision of this Ordinance,
shall have legal effect unless also provided for in this Ordinance.
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