A Brief on Income Tax Ordinance (Third Amendment) Act 2026

Overview

The National Assembly passed the Income Tax Ordinance (Third Amendment) Act, 2026 [Third Amendment Act, 2026/ Amendment Act] which substitutes the Alternate Dispute Resolution [ADR] scheme at section 134A of the Income Tax Ordinance, 2001 [2001 Ordinance]. The legislative intent appears to streamline the ADR mechanism.