2001-06-30+8 added-4 removed
What changed in the Income Tax Ordinance, 2001 on 2001-06-30
Between the version published 2001-06-30 and the one published 2001-06-30, 8 sections appeared for the first time and 4 no longer appear.
Reading this in plain terms: a section appearing for the first time usually means Parliament inserted a new provision. A section disappearing usually means it was omitted. Neither is certain from the text alone, so treat this as a guide to what to check rather than as proof.
New in this version
- section 4C: Super tax on high earning persons
- section 59C: Carry forward of business losses of sick industrial units
- section 114B: Powers to enforce filing of returns
- section 164A: Payment of tax collected or deducted by SWAPS agents
- section 181E: Record of beneficial owners
- section 209A: Uniform
- section 236CA: Advance tax on TV plays and advertisements
- section 237B: Prize schemes to promote tax culture
No longer present
These were in the previous version and are not in this one.
- section 62: Tax credit for investment in shares and insurance
- section 62A: Tax credit for investment in health insurance
- section 236I: Collection of advance tax by educational institutions
- section 236Q: Payment to residents for use of machinery and equipment
How to check this yourself
Open the 2001-06-30 version in full and compare against the earlier one. Both carry a link to their official FBR PDF and a SHA-256 checksum, so you can verify either against the source.
This is information, not legal or tax advice.