17B. Deduction of tax from income from house property

1[17B. Deduction of tax from income from house property.---
      

For the purposes of making a deduction of tax under section 53A of the Ordinance, every person mentioned in that section who is responsible for making any payment to the owner of a house property on account of house rent shall deduct an amount calculated on such payment at the rates laid down in the schedule below:

2 [The Schedule

Sl No.

Amount of payments

Rate of Deduction of tax at the time of making payments.

   1

Where the monthly payment does not exceed taka 20,000 (twenty thousand).

      Nil.

   2

.Where the monthly payment exceeds taka 20,000 (fifteen thousand)    but does not exceed taka  40,000  (thirty five thousand).

     3%

   3

Where the monthly payment exceeds taka  40,000  (thirty five thousand).  

     5%]

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1.Ins. by S.R.O. No. 233-L/88,dt.18-07-1988 and omitted by S.R.O No 251-L/IT/2012, dt 01/07/2012

2.Subs by এস,আর,,ও নং২০৩-আইন/আয়কর ২০০৮.তাং ৩০-০৬-২০০৮

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