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The Income-tax Ordinance, 1984

( Ordinance NO. XXXVI OF 1984 )

[ 4th June, 1984 ]

Chapter V

COMPUTATION OF INCOME

Interest on securities
22. The following income of an assessee shall be classified and computed under the head “Interest on securities”, namely:-
 
 
 
 
(a) interest receivable by the assessee on any security of 1[the Government or any security approved by Government] ; and
 
 
 
 
(b) interest receivable by him on debentures or other securities of money issued by or on behalf of a local authority or a company.
  • 1
    The words “the Government or any security approved by Government” were substituted for the words “the Government” by section 15 of অর্থ আইন, ২০০৪ (২০০৪ সনের ১৬ নং আইন)
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