38A. Special provision for contractors

¹[38A. Special provision for comtractors.-

Where an assessee having no income other than income from supply of goods, execution of a contract or services rendered pays tax at the rate of 4 percent of total payment received by him and submits return showing income of an amount on which tax payable is equivalent to the so paid along with an option in writing that the amount of tax so paid is to be treated as his final liability, the return shall be accepted as correct and complete under section 82 of the Ordinance.]^{Deleted F. A 1998}

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¹Ins. by S.R.O. No. 174-L/92, dt: 01-07-1992, Subsequently omitted by S.R.O. No. 141-L/98, dt: 02-07-1998.

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Nowshad Amin Chowdhury