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Finance Act 2009 - Changes in Income Tax Laws

M. A. Baree, FCA
Partner
Hoda Vasi Chowdhury & Co
Chartered Accountants

After lot of discussions and debates in the parliament though mostly on whitening of black money provisions, Finance Act 2009 has been passed on 29 June 2009. There are many amendments and changes, some are timely and appropriate while others are more ritualistic and bureaucratic in flavour. In this writing an attempt has been made to discuss and explain the changes made in the Income Tax Ordinance 1984. More->>