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Why the Electricity Bill of Consumer u/s 235 appears in both the tabs like Adjustable / Fixed Tax Regime tab?

Why the Electricity Bill of Consumer u/s 235 appears in both the tabs like Adjustable / Fixed Tax Regime tab?

Legal Reference: Section 235(4). Electricity Consumption – Income Tax Ordinance, 2001

For Individuals / AOP: If your total annual electricity bill is Rs. 360,000 or less, the tax collected on it is minimum tax and non-refundable.

For Individuals / AOP: If your total annual electricity bill exceeds Rs. 360,000, the tax collected on it is adjustable and can be claimed as a refund.

For Companies: Any tax collected under Section 235 on electricity bills is fully adjustable. 

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When it comes to taxes, remember: compliance doesn’t happen overnight — understanding tax laws like the Income Tax Ordinance, 2001 and Sales Tax Act, 1990 takes time, clarity, and the right guidance. TaxBuddy Umair is here to help you navigate tax matters with ease and confidence.

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