Section 150: Dividends — Income Tax Ordinance, 2001

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150. Dividends. — Every 1[person] paying a dividend shall deduct tax from the gross amount of the dividend paid 2[or collect tax from the amount of dividend in specie] 3[ ] at the rate specified in 4[Division I of Part III] of the First Schedule. 5[ ] 6[ ]

Effective date: 2001-09-13

Related sections

Section 149: Salary Section 150A: omitted by the Finance Act, 2021 Section 148A: omitted through Finance Act, 2020 dated 30th June, 2020 Section 151: Profit on debt Section 148: Imports Section 151A: Gain arising on disposal of certain debt securities

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