Lahore 28°C
Islamabad 24°C
Exemptions and tax provisions in other laws
(a) an exemption from any tax imposed under this Ordinance;
(b) a reduction in the rate of tax imposed under this Ordinance;
(c) a reduction in tax liability of any person under this Ordinance; or (d) an exemption from the operation of any provision of this Ordinance, shall have legal effect unless also provided for in this Ordinance .
(b) a reduction in the rate of tax imposed under this Ordinance;
(c) a reduction in tax liability of any person under this Ordinance; or (d) an exemption from the operation of any provision of this Ordinance, shall have legal effect unless also provided for in this Ordinance .
Amendment history (3)
- The colon substituted by the Finance Act, 2008.
- Proviso omitted by the Finance Act, 2008. The omitted proviso
- Sub-section (2) omitted by the Finance Act, 2003. Omitted sub-section (2)
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 108
Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.