S.R.O 1353(I)/2012, dated31.10.2012
SRO 1353(I)/2012 is an Income Tax SRO dated 5 November 2012, listed by FBR as "S.R.O 1353(I)/2012, dated31.10.2012".
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
INLAND REVENUE
Islamabad, the 31st October, 2012
NOTIFICATION
(Income Tax)
S.R.O. 1353 (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 said Schedule, in Part I, after clause (139), the following new clause [140] shall be added, namely: -
"(140) All payments on account of principal, interest, or fees received by the Overseas Private Investment Corporation (OPIC), from development project undertaken in pursuance to the Investment Incentive Agreement signed between the Government of Pakistan and the Government of the United States of America, dated 18th November, 1997."
F.No.3(49)Int.Taxes/11
(Syed Ijaz Hussain)
Member (Inland Revenue)/
Additional Secretary
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