Ammendment in 2nd Schedule in Income Tax ordinance 2001.
SRO 1077(I)/2012 is an Income Tax SRO dated 31 August 2012, listed by FBR as "Ammendment in 2nd Schedule in Income Tax ordinance 2001.".
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 31st August, 2012
NOTIFICATION
(Income Tax)
S.R.O. 1077 (I)/2012.- In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part II, after clause (28), the following new clause shall be added, namely:-
"(29) The rate of tax under section 153A as specified in Part IIA of the First Schedule shall be reduced to 0.1% in case of cigarette manufacturers who are registered under the Sales Tax Act, 1990."
[C.No. 4(124)ITP/2008-Pt-II]
(Syed Ijaz Hussain)
Member (Inland Revenue)/
Additional Secretary
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