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24

Exemption from taxes

Act: ALTERNATIVE ENERGY DEVELOPMENT BOARD ORDINANCE 2005

Section Provisions

ORDINANCE XVII OF 2005 ORDINANCE XVII OF 2005 Alternative Energy Development Board Ordinance 2005 An Ordinance to provide for establishment of Alternative Energy Development Board [Gazette of Pakistan, Extraordinary, Part I, 29th August, 2005] CHAPTER IV MISCELLANEOUS 24. Exemption from taxes.---Notwithstanding anything contained in the Income Tax Ordinance, 2001 (XLIX of 2001) or any other law for the time being in force relating to income tax, the Board shall not be liable to pay any such tax on its income, capital profit, wealth, gifts or gains.