Incentive Under Income Tax Ordinance

Essay specific features

 

Issue:

Business

 

Written by:

Craig N

 

Date added:

October 13, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

11 / 2869

 

Was viewed:

2032 times

 

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Essay content:

They are not includible with other income even for rate purpose. Incomes specified in part-A of the sixth schedule of Income Tax Ordinance, 1984 are exempted and excluded from the computation of total income subject to the limits, conditions and qualifications laid down therein. Following items of Income as specified in section 44...
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Income from property held under Trust. (Paragraph -1) 2. Income of a religious or charitable institution derived from voluntary contributions. (Paragraph - 2) 3. Income of local government. (Paragraph -3) 4. Income of Provident & Other Funds. (Paragraph -4) 5. Traveling allowance etc. (Paragraph-5) 6...
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