Income Tax Ordinance, 2001 — Section 80: Person

80. Person. — (1) The following shall be treated as persons for the purposes of this Ordinance, namely:

(a)An individual;

(b)a company or association of persons incorporated, formed, organised or established in Pakistan or elsewhere;

(c)the Federal Government, a foreign government, a political sub-Division of a foreign government, or public international organisation.

(2)For the purposes of this Ordinance

(a)“association of persons” includes a firm, a Hindu undivided family, any artificial juridical person and anybody of persons formed under a foreign law, but does not include a company;

(b)“company” means

(i)a company as defined in the 1[Companies Act, 2017 (XIX of 2017)];

(ii)a body corporate formed by or under any law in force in Pakistan;

(iii)a modaraba;

(iv)a body incorporated by or under the law of a country outside Pakistan relating to incorporation of companies; 2[(v) a co-operative society, a finance society or any other society;] 1 The expression “Companies Ordinance, 1984 (XLVII of 1984)” substituted by the Finance Act, 2021. 2 Clause (v) substituted by the Finance Act, 2013. The substituted Clause (v) read as follows: “(v) a trust, a co-operative society or a finance society or any other society established or constituted by or under any law for the time being in force;” 148 Chapter V – Provisions Governing Persons 1[(va) a non-profit organization;] 2[(vb) a trust, an entity or a body of persons established or constituted by or under any law for the time being in force;]

(vi)a foreign association, whether incorporated or not, which the 3[Board] has, by general or special order, declared to be a company for the purposes of this Ordinance;

(vii)a Provincial Government; 4[ ]

(viii)a 5[Local Government] in Pakistan; 6[or] Chapter V – Provisions Governing Persons Division II Resident and Non-Resident Persons