Company

What is a company as per Pakistan Income Tax law

Company means :

(i) a company as defined in the Companies Act, 2017

(ii) a body corporate formed by or under any law in force in Pakistan;

(iii) a modaraba;

(iv) a body incorporated by or under the law of a country outside Pakistan relating to incorporation of companies;

(v) a co-operative society, a finance society or any other society;

(va) a non-profit organization;

(vb) a trust, an entity or a body of persons established or constituted by or under any law for the time being in force;

(vi) a foreign association, whether incorporated or not, which the 3[Board] has, by general or special order, declared to be a company for the purposes of this Ordinance;

(vii) a Provincial Government;

(viii) a 5[Local Government] in Pakistan; or

(ix) a Small Company as defined in section 2;