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Income Tax Ordinance, 2001
Advance tax paid by the taxpayer
 
SECTION : 111 Sub-Section (2), (4)
 
Comments :
The mischief of this section is being restricted whereby no addition on account of unexplained income or assets can be made which relates to the period beyond preceding five tax years or assessment years.
 
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Definition
Income from property
Deductions not allowed
Income From Other Sources
Government Income
Investment in shares
Contribution to a Pension Fund
Resident individual
Tax on certain retailers
Return of income
Furnish a return of income
Revision by the Regional
Alternate Dispute Resolution
Advance tax paid by the taxpayer
Import
Profit on debt
Payments to non-residents
Payments for goods and services
Export
Income from property
Withdrawal under Pension Fund
Statements
Credit for tax collected/deducted
Collected/ deducted as a final tax
Additional tax
Circulars
Cash withdrawal from a bank
Brokerage and commission
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