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s. 94

Principles of taxation of companies

Provisions Governing Persons

(1) A company shall be liable to tax separately from its shareholders.
(2) A dividend paid by a company shall be taxable in accordance with Section 5.
Amendment history (6)
  • Sub-section (4) omitted by the Finance Act, 2007. The omitted sub-section (4)
  • Sub-section (4A) inserted by the Finance Act, 2026.
  • Sub-section (5) omitted by the Finance Act, 2007. The omitted sub-section (5)
  • Section 93 omitted by the Finance Act, 2007. The omitted section
  • The word “resident” omitted by the Finance Act, 2015
  • Sub-section (3) omitted by the Finance Act 2017. Omitted sub-section reads as follows

Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.

Source FBR PDF page 160

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.