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The Income-tax Ordinance, 1984

( Ordinance NO. XXXVI OF 1984 )

[ 4th June, 1984 ]

Chapter VII

PAYMENT OF TAX BEFORE ASSESSMENT

Deduction of tax at source from export cash subsidy.

1[53DDD. Any person responsible for paying any amount on account of export cash subsidy to an exporter for promotion of export shall, at the time of payment or credit of such amount, deduct or collect tax in advance at the rate of 2[3[ten] per cent] on the amount so payable.]

  • 1
    Section 53DDD was inserted by section 33 of the Finance Act, 2012 (Act No. XXVI of 2012) (with effect from 1st July, 2012).
  • 2
    The words “three per cent” were substituted for the words “five percent” by section 27 of the Finance Act, 2014 (Act No. IV of 2014) (with effect from 1st July, 2014).
  • 3
    The word “ten” was substituted for the word “three” by section 30 of অর্থ আইন, ২০১৯ (২০১৯ সনের ১০ নং আইন).
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