Introduction Highlights Economic Scenario Income Tax Ordinance Micro Finance
Sales Tax Act Central Excise Act Customs Act Self Assessment Scheme Other Laws
Income Tax Ordinance, 2001
Cash withdrawal from bank
 
SECTION : 153 Sub- Section (3) Clause (d)& (e) 1st Sch. Part III Div.III cl. 4 (d)
 
Comments :
The provision contained in this section relates to withholding of tax on payment of goods and services. The proposed amendment seeks to include in the ambit of this section, payments on account of contract for advertisement, services rendered by T.V. satellite channels. It is proposed to deduct tax @ 5% on the gross amount payable on account of these services.
 
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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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