ITO Section 5 | Tax on dividends.

ITO Section 5

Section 5. Tax on dividends.

(1) Subject to this Ordinance, a tax shall be imposed, at the rate specified in Division III of Part I of the First Schedule, on every person who receives a dividend from a company or treated as dividend under clause (19) of section 2.

(2) The tax imposed under sub-section (1) on a person who receives a dividend shall be computed by applying the relevant rate of tax to the gross amount of the dividend.

(3) This section shall not apply to a dividend that is exempt from tax under this Ordinance.

Explanation of ITO Section 5

Enter your Description here...

Your contact Details
"Your trust is our priority — your details and concerns stay private and secure, always."

No video available.

Detail of ITO Section 5

Best Pak Lawyers for ITO Section 5 Related Issues.

Feedback

"We’re always working to improve and keep our information accurate,complete & up-to-date. If you spot any mistakes, missing details, or anything that doesn’t seem right, please let us know using the feedback option below.

Expert Legal Advice Online

We provide best solutions of your legal issues as per Law. Get Expert Legal Advice regarding your legal issue.

💬 Need Help?
WhatsApp Chat

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.”