Section 69: Receipt of income — Income Tax Ordinance, 2001

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69. Receipt of income.— For the purposes of this Ordinance, a person shall be treated as having received an amount, benefit, or perquisite if it is — (a) actually received by the person; (b) applied on behalf of the person, at the instruction of the person or under any law; or (c) made available to the person.

Effective date: 2001-09-13

Related sections

Section 68: Fair market value Section 70: Recouped expenditure Section 67: Apportionment of deductions Section 71: Currency conversion Section 66: Income of joint owners Section 72: Cessation of source of income

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