Inclusion of individual having turnover or RS 50 Millions or above in Clause (V) of S.R.O 586(I)/91 OF 30/06/1991
SRO 1161(I)/2010 is an Income Tax SRO dated 31 December 2010, listed by FBR as "Inclusion of individual having turnover or RS 50 Millions or above in Clause (V) of S.R.O 586(I)/91 OF 30/06/1991".
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 December 31 , 2010
NOTIFICATION
(Income Tax)
S.R.O. 1161 (I)/2010.- In exercise of the powers conferred by sub-section (13) of section 239 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following amendment, shall be made in its Notification No. SRO.586 (I)/91, issued by the FBR, on 30th June, 1991, namely:-
a) In the aforesaid Notification, in clause (ii), the phrase "a local authority" shall be replaced by the phrase "a local government"; and
b) In the aforesaid Notification, in beginning of clause (v), the word "person" shall be replaced by the words "growers / producers of agricultural produce"; and after the phrase "or an Association of Persons (AOP) having turnover of fifty millions rupees or above", the phrase "or an individual having turnover of fifty millions rupees or above" shall be inserted.
( Asrar Raouf )
MEMBER POLICY( DIRECT TAXES)
ADDITIONAL SECRETARY
[C.NO.1(25)WHT/2006]
Which SROs does the title refer to?
- SRO 586 (I)/9130 June 1991Supersession of Notification No. S.R.O. 659(I)/81 dated the 25th June, 1981
Related Income Tax SROs on amendments to earlier sros
- SRO 725(I)/201128 July 2011SRO725(I)/2011
- SRO 715(I)/201120 July 2011Amendment in Income Tax Ordinance, 2001.
- SRO 707(I)/20119 July 2011SRO 707(I)/2011 Dated, 09-07-2011.
- SRO 357(I)/20114 May 2011Amendment in Income Tax Ordinance, 2001
- SRO 927 February 2011Amendment in Income Tax Ordinance, 2001
- SRO 659(I)/201013 July 2010SRO 659(I)/2010, dated 13.07.2010