Inland Revenue Rewards Rules, 2021

Government of Pakistan
Revenue Division
Federal Board of Revenue
Inland Revenue

Islamabad the 29th October, 2024.

NOTIFICATION

S.R.O.1726(I)/2024. - The following draft of certain further amendments in the Inland Revenue Reward Rules, 2021, which the Federal Board of Revenue proposes to make in exercise of the powers conferred by section 227A and section 227B of the Income Tax Ordinance, 2001 (XLIX of 2001), section 72C and 72D of the Sales Tax Act, 1990 and section 42C and 42D of the Federal Excise Act, 2005 and the Islamabad Capital Territory (Tax on Services) Ordinance, 2001 (XLIX of 2001), is hereby published for information of all persons likely to be affected thereby and as required under sub-section (3) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), notice is hereby given that objections or suggestions thereon, if any, may for consideration of the Federal Board of Revenue be sent within seven days of publication of this draft notification in this official Gazette. Objections or suggestions received from any person, before the expiry of the aforesaid period, shall be taken into consideration by the Board, namely: -

DRAFT AMENDMENTS

In the aforesaid Rules, -

(a) in rule 2, in clause (viii), -

(i) in sub-clause (a), the word "or", occurring at the end, shall be omitted; and

(ii) in sub-clause (b), for the full stop at the end, the semi colon and word "; or" shall be substituted and thereafter the following new sub-clause shall be added, namely: -

"(c) any performance as approved by the Prime Minister and directions are issued in this behalf.";

(b) in rule 7, in clause (ii), for the full stop, at the end, a colon shall be substituted and thereafter the following proviso shall be added, namely: -

"Provided that where the case falls under clause (c) of sub-rule (viii) of rule 2, the amount shall be such as specified or directed by the Prime Minister.".

[F.No.4(44)IT-Bud/2016 (Pt)]

(Angel David)
Second Secretary (Rules & SROs)