Income Tax Act 2023
Section 63 - Income Computation Period
(as updated till Finance Act 2024)
In the income year in which a person receives income from financial assets or in the income year in which such income accrues to him, whichever occurs first, it shall be included in that income year.
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.