ITO Section 54 | Exemptions and tax provisions in other laws.

ITO Section 54

Exemptions and tax provisions in other laws.

No provision in any other law providing for —

(a) an exemption from any tax imposed under this Ordinance;
(b) a reduction in the rate of tax imposed under this Ordinance;
(c) a reduction in tax liability of any person under this Ordinance; or
(d) an exemption from the operation of any provision of this Ordinance,

shall have legal effect unless also provided for in this Ordinance.

Explanation of ITO Section 54

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Detail of ITO Section 54

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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.”