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Draft Amendment in Rules, 43-B

SRO 1072(I)/2017Rules and amendments to rulesDraft

SRO 1072(I)/2017 is an Income Tax SRO dated 24 October 2017, listed by FBR as "Draft Amendment in Rules, 43-B".

FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.

Page 1

GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE

Islamabad, the 24th October, 2017

NOTIFICATION
(Income Tax)

S.R.O. 1072 (I)/2017. - The following draft of certain further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to make in exercise of the powers conferred by sub-section (I) of Section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for the information of all persons likely to be affected thereby, as required by sub-section (3) of the said section, and notice is hereby given that the draft will be taken in to consideration by the Federal Board of Revenue after seven days of its publication in the official Gazette.

Any objection or suggestion, which may be received from any person, in respect of the said draft, before the expiry of the aforesaid period, shall be considered by the Federal Board of Revenue.

DRAFT AMENDMENT

In the aforesaid Rules, rule 43-B shall be re-numbered as sub-rule (I) of that rule and thereafter the following new sub-rule (2) shall be added, namely:-

"(2) In case of remittance abroad to non-resident, seven days before the amount is intended to be remitted abroad to that non-resident, through State Bank or any banking company".

[F.No.1(23)(I) Secy(ITC)/2017]

(Usman Ahmed Khan)
Secretary (Income Tax Policy)

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