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FCC sets aside Income Tax Ordinance section enabling taxation on ‘deemed income’ from assets and property

  • Posted on May 7, 2026
  • By Dawn
  • 0 Views
  • 1 min read
FCC sets aside Income Tax Ordinance section enabling taxation on ‘deemed income’ from assets and property
FCC sets aside Income Tax Ordinance section enabling taxation on ‘deemed income’ from assets and property

The petitions challenged the provision on the grounds that it imposes tax on deemed income irrespective of the actual accrual or receipt of income.
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Author
Dawn

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