Withholding Tax under Income Tax Ordinance, 2001
Introduction The concept of deemed income Section 7E of the Income Tax Ordinance 2001 means that if a person owns…
Introduction Every prescribed person (withholding agent) shall file a withholding tax statement for each quarter under Section 165 of the…
Introduction Payment of withholding tax to the Commissioner, is the responsibility of a prescribed person (withholding agent) under Section 160…
Introduction Exemption from withholding tax is applied to the Commissioner of Inland Revenue (IR) under Section 159 of the Income…
Introduction Withholding tax on petroleum products is collected under Section 156A of the Income Tax Ordinance, 2001. Section 156A of…
Introduction Withholding tax on prizes is collected under Section 156 of the Income Tax Ordinance, 2001. According to Section 156…
Introduction Withholding tax on export proceeds is collected under Section 154 of the Income Tax Ordinance, 2001. Section 154…
Introduction Withholding tax on property income under Section 155 of the Income Tax Ordinance, 2001 is collected on rent of…
Introduction Withholding tax on residents is collected under Section 153 of the Income Tax Ordinance, 2001. According to Section 81…
Introduction In Pakistan, withholding tax on profit on debt is applicable to interest income earned from various types of debt…