Income Tax Act 2023
Section 2 Clause 50 - Supply of Goods
(as updated till Finance Act 2024)
“supply of goods” means—
(a) transfer of the right of goods by way of sale, exchange or otherwise; or
(b) granting of the right to use of goods by way of lease, rent, instalment or by any other means and also includes sale of goods under finance lease;
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.