ITO Section 205A | Reduction in 6 [default surcharge], consequential to reduction in tax or penalty.

ITO Section 205A

Reduction in 6 [default surcharge], consequential to reduction in tax or penalty.

Where, in consequence of any order made under this Ordinance, the amount of tax or penalty in respect of which [default surcharge] is chargeable under section 205 is reduced, the 8 default surcharge], if any, levied under the aforesaid section shall be reduced accordingly.

Explanation of ITO Section 205A

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Detail of ITO Section 205A

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حَسْبِيَ اللَّهُ لاَ إِلَهَ إِلاَّ هُوَ عَلَيْهِ تَوَكَّلْتُ وَهُوَ رَبُّ الْعَرْشِ الْعَظِيمِ

“Allah is sufficient for me. There is none worthy of worship but Him. I have placed my trust in Him. He is the Lord of the Majestic throne.”