Section 110: Salary paid by private companies
The Income Tax Ordinance, 2001 · Federal Acts · in_force
Discuss this provision with AI
110. Salary paid by private companies. — Where, in any tax year, salary is paid by a private company to an employee of the company for services rendered by the employee in an earlier tax year and the salary has not been included in the employee’s salary chargeable to tax in that earlier year, the Commissioner may, if there are reasonable grounds to believe that payment of the salary was deferred, include the amount in the employee’s income under the head “Salary” in that earlier year.
Effective date: 2001-09-13
Related sections
Section 109A: Controlled foreign companySection 111: Unexplained income or assetsSection 109: Recharacterisation of income and deductionsSection 112: Liability in respect of certain security transactionsSection 108B: Transactions under dealership arrangementsSection 113: Minimum tax on the income of certain persons
Version 1 · Source-traceable official reference. LawHub does not modify the official record.