The Petroleum Products (Development Surcharge) Ordinance, 1961
NO. XXV Of 1961
[ 1st July, 1961 ]
Allowance to be made for development surcharge for purposes of income-tax
5. Notwithstanding anything contained in any other law, the amount of the development surcharge paid by a company under section 3 shall be an expenditure for which allowance is to be made in computing profits or gains under 1[Chapter V and Chapter VI of the Income-tax Ordinance, 1984 (Ord. No. XXXVI of 1984)].