Section 47: Scholarships
The Income Tax Ordinance, 2001 · Federal Acts · in_force
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47. Scholarships.— Any scholarship granted to a person to meet the cost of the person’s education shall be exempt from tax under this Ordinance, other than where the scholarship is paid directly or indirectly by an associate.
Effective date: 2001-09-13
Related sections
Section 46: Profit on debtSection 48: Support payments under an agreement to live apartSection 45: President’s honoursSection 49: Federal Governments, Provincial Government and LocalSection 44A: Exemption under Foreign Investment (Promotion and Protection)Section 50: Foreign-source income of short-term resident individuals
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