Section 156A: Petroleum products — Income Tax Ordinance, 2001

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4[156A. Petroleum Products.— (1) Every person selling petroleum products to a petrol pump operator shall deduct tax from the amount of commission or discount allowed to the operator at the rate specified in Division VIA of Part III of the First schedule. (2) The tax 5[deductible] under sub-section (1) shall be a final tax on the income arising from the sale of petroleum products to which sub-section (1) applies.] 6[ ] 1[ ]

Effective date: 2001-09-13

Related sections

Section 156: Prizes and winnings Section 156B: Omitted by Finance Act, 2020 Section 155: Rent of immoveable property Section 157: Omitted by the Finance Ordinance, 2002 Section 154A: Export of Services Section 158: Time of deduction of tax

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