The Income Tax Ordinance 2001 was created to overhaul and simplify the taxation system by abrogating the older Income tax Ordinance 1979. It is a general provision that encompasses entire provisions of income tax, tax obligations of taxpayers. Tax authority powers, process of submitting and assessing taxes. The legislature covers persons, associations of persons (AOPs) and companies d... https://mhmconsultant.com/understanding-the-income-tax-ordinance-2001-in-pakistan/