Lahore 28°C
Islamabad 24°C
Person
(1) The following shall be treated as persons for the purposes of this Ordinance, namely: —
(a) An individual;
(b) a company or association of persons incorporated, formed, organised or established in Pakistan or elsewhere;
(c) the Federal Government, a foreign government, a political sub-Division of a foreign government, or public international organisation.
(2) For the purposes of this Ordinance —
(a) association of persons includes a firm, a Hindu undivided family, any artificial juridical person , limited liability partnership and anybody of persons formed under a foreign law, but does not include a company;
(b) company means —
(i) a company as defined in the Companies Act, 2017 (XIX of 2017) ;
(ii) a body corporate formed by or under any law in force in Pakistan;
(iii) a modaraba;
(iv) a body incorporated by or under the law of a country outside Pakistan relating to incorporation of companies;
(v) a co-operative society, a finance society or any other society;
(va) a non-profit organization;
(vb) a trust, an entity or a body of persons established or constituted by or under any law for the time being in force;
(vi) a foreign association, whether incorporated or not, which the Board has, by general or special order, declared to be a company for the purposes of this Ordinance;
(vii) a Provincial Government;
(viii) a Local Government in Pakistan; or (ix) a Small Company as defined in section 2;
(c) firm means the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all;
(d) trust means an obligation annexed to the ownership of property and arising out of the confidence reposed in and accepted by the owner, or declared and accepted by the owner for the benefit of another, or of another and the owner, and includes a unit trust; and (e) unit trust means any trust under which beneficial interests are divided into units such that the entitlements of the beneficiaries to income or capital are determined by the number of units held. Division II Resident and Non-Resident Persons
(a) An individual;
(b) a company or association of persons incorporated, formed, organised or established in Pakistan or elsewhere;
(c) the Federal Government, a foreign government, a political sub-Division of a foreign government, or public international organisation.
(2) For the purposes of this Ordinance —
(a) association of persons includes a firm, a Hindu undivided family, any artificial juridical person , limited liability partnership and anybody of persons formed under a foreign law, but does not include a company;
(b) company means —
(i) a company as defined in the Companies Act, 2017 (XIX of 2017) ;
(ii) a body corporate formed by or under any law in force in Pakistan;
(iii) a modaraba;
(iv) a body incorporated by or under the law of a country outside Pakistan relating to incorporation of companies;
(v) a co-operative society, a finance society or any other society;
(va) a non-profit organization;
(vb) a trust, an entity or a body of persons established or constituted by or under any law for the time being in force;
(vi) a foreign association, whether incorporated or not, which the Board has, by general or special order, declared to be a company for the purposes of this Ordinance;
(vii) a Provincial Government;
(viii) a Local Government in Pakistan; or (ix) a Small Company as defined in section 2;
(c) firm means the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all;
(d) trust means an obligation annexed to the ownership of property and arising out of the confidence reposed in and accepted by the owner, or declared and accepted by the owner for the benefit of another, or of another and the owner, and includes a unit trust; and (e) unit trust means any trust under which beneficial interests are divided into units such that the entitlements of the beneficiaries to income or capital are determined by the number of units held. Division II Resident and Non-Resident Persons
Amendment history (16)
- Expression inserted by the Finance Act, 2026.
- The expression “Companies Ordinance, 1984 (XLVII of 1984)” substituted by the Finance Act, 2021.
- Clause (v) substituted by the Finance Act, 2013. The substituted Clause (v)
- Inserted by the Finance Act, 2013.
- The words “Central Board of Revenue” substituted by the Finance Act, 2007.
- The word “or” omitted by the Finance Act, 2005.
- The words “local authority” substituted by the Finance Act, 2008.
- Inserted by the Finance Act, 2005.
- Added by the Finance Act, 2005.
- The words “eighty-two” substituted by the Finance Act, 2006.
- The word “or” omitted by the Finance Act, 2019.
- The word “or” added by the Finance Act, 2022.
- New clause (ab) inserted by Finance Act, 2019
- Clause (ab) omitted by the Finance Act, 2021. The omitted clause
- Clause (b) omitted by the Finance Act, 2003. The omitted clause (b)
- The full stop substituted with a semicolon and clause (d) inserted by the Finance Act, 2022.
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 149
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.