Section 4: Allowance to be made for Development Surcharge for purposes of — Natural Gas (Development Surcharge) Ordinance, 1967

Current legal status not independently verified — Source: Pakistan Code (single official PDF, 2026-08-21). Whether this provision is still in force has not been independently verified.

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4. Allowance to be made for Development Surcharge for purposes of IncomeTax. The amount paid by a company as development surcharge shall be an expenditure for which allowance is to be made under 7[section 5[20] of the Income Tax Ordinance, 5[2001] 5[(XLIX of 2001)] in computing the profits or gains of that company.

Effective date: 1967-01-01

Related sections

Section 3: Levy of Development Surcharge Section 5: Maximum Sale Price. No company shall sell or offer for sale natural gas at a price Section 2: Definitions Section 6: Cognizance of offence. No court shall take cognizance of an offence under this Section 1: Short title, extent and commencement Section 7: Power to make rules. The 1[Federal Government] may, by notification in the

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