| |
|
 |
| For business information, annual reports, laws, ordinances, regulations and articles. |
|
|
|
CHAPTER II
Words inserted by Finance Supplementary (Amendment) Act 1997, dated 16-4-97.
FROM [individual, Hindu undivided family, firm ,association of persons or body of individuals, whether incorporated or not, and company]
2The original words etc. "individual, Hindu undivided family and company" were substituted by Finance Act, 1964 by "individual and Hindu undivided family" and the words "and Hindu undivided family" were substituted by Wealth Tax (Amendment) Ordinance. 1980 by ",Hindu undivided family, firm, association of persons or body of individuals, whether incorporated or not, and company". The Amendment Ordinance, 1980 shall be deemed to have taken effect on June 28, 1979 which is the date of promulgation of the Finance Ordinance, 1979.
3
Commas and words ", association of persons or body of individuals, whether incorporated or not." added by Finance Act, 1997, dated 1-7-97.
4
Substituted for full stop by Finance Ordinance, 1969.
5
Proviso omitted by Finance Ordinance, 1970 and shall be deemed always to have been so omitted. Earlier it was inserted by Finance Ordinance, 1969.
6
Section 3A inserted by Finance Act 1997, dated 1-7-97.
7
Sub-clauses (i) & (ii) omitted by Finance Act, 1965.
8
Sub-section (5) substituted by Finance Act., 1992 w.e.f. assessment year 1993-94.
9
Explanation substituted by Finance Act, 1992.
10
Section 5 substituted by Finance Act, 1996. The exemptions available u/s 5(1), 5(2) have now been consolidated under Part I of Second Schedule.
11
Section 5A omitted by Wealth Tax (Amendment Act, 1994 dated February 14, 1994. Earlier it was inserted by Finance Ordinance, 1970 w.e.f. July l, 1969.
12
Words "or resident but not ordinarily resident in Pakistan" omitted by Finance Act, 1994.
13
Words "or of a company not resident in Pakistan" Omitted by Finance Act, 1973.
14
Inserted by Wealth Tax (Amendment) Ordinance, 1980. This Ordinance shall be deemed to have taken effect on June 28, 1979 which is the date of promulgation of the Finance Ordinance, 1979.
15
Explanation 2 omitted by Finance Act, 1973.
16
Section 6A repealed by Finance Act, 1996. Earlier it was inserted by Finance Act, 1.992 w.e.f. assessment year 1992-93.
17
Substituted for "Wealth-tax Officer" by Finance Act, 1993
18
Clause (a) omitted by Finance Act, 1997.
19
Clause (aa) inserted by Wealth Tax (Amendment) Act, 1994 dated February 14, 1994.
20
Substituted for "two hundred and fifty" by Finance Act, 1996. Earlier "two hundred and fifty" was substituted for the original "two hundred" by Finance Act, 1995.
21
Explanation inserted by Finance Act, 1994.
22
Clause (b) omitted by Finance Act, 1973.
23
Section 7A inserted by Finance Act, 1973.
24
Substituted for "Wealth-tax Officer" by Finance Act, 1993.
25
Substituted for "Assistant Commissioner" by Finance Act, 1993.
26
Sub-section (3) inserted by Finance Ordinance, 1981.
Section 3B inserted by No. F. 22 (13)/98- Legis. Dated 1st July 1998.
|
|
|
|
|
|
| Home | About Us | Contact | Information Resources |