Sec 153(2)(b) of IT law: USF not obligated to deduct tax: SC

USF not under an obligation to deduct tax: Supreme Court

ISLAMABAD - The Supreme Court of Pakistan (SC) has held that Universal Service Fund (USF) was not under an obligation to deduct tax under Section 153(2)(b) of the Income Tax Ordinance, 2001.

Sec 153(2)(b) of IT law: USF not obligated to deduct tax: SC

ISLAMABAD: The Supreme Court held that the Universal Service Fund (USF), an autonomous body to spread the...

Supreme Court Quashes Rs. 4.79 Billion Tax Demand Against USF

Copyright protected content copied from PhoneWorld website. The Supreme Court has quashed a Rs. 4.79 billion tax demand against USF concerning payments to telecom operators for connectivity projects in underserved areas.

Supreme Court Quashes Rs. 4.79 Billion Tax Demand on Universal Service Fund

The Supreme Court of Pakistan has set aside a tax ruling against the Universal Service Fund (USF), holding that the autonomous body was not required to