Section 9: Taxable income — Income Tax Ordinance, 2001

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9. Taxable income.—The taxable income of a person for a tax year shall be the total income 1[under clause (a) of section 10] of the person for the year reduced (but not below zero) by the total of any deductible allowances under Part IX of this Chapter of the person for the year.

Effective date: 2001-09-13

Related sections

Section 8: General provisions relating to taxes imposed under sections 5, 6 Section 10: Total income Section 7F: Tax on Builders and Developers Section 11: Heads of income Section 7E: Tax on deemed income Section 12: Salary

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