Income Tax Ordinance, 2001
Income Tax Ordinance, 2001 — Section 71: Currency conversion
71. Currency conversion.— (1) Every amount taken into account under this Ordinance shall be in Rupees.
(2)Where an amount is in a currency other than rupees, the amount shall be converted to the Rupee at the State Bank of Pakistan 1[ ] rate applying between the foreign currency and the Rupee on the date the amount is taken into account for the purposes of this Ordinance.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.