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Addition of a new sub-rule (5) in rule 8 of the Seventh Schedule to the Income Tax Ordinance, 2001

SRO 226(I)/2023 is an Income Tax SRO dated 27 February 2023, listed by FBR as "Addition of a new sub-rule (5) in rule 8 of the Seventh Schedule to the 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
Ministry of Finance and Revenue
(Revenue Division)

Notification
(Income Tax)

Islamabad, the 27th February, 2023.

S.R.O. 226 (I)/2023. - In exercise of the powers conferred by rule 10 of the Seventh Schedule to the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendments shall be made in the Seventh Schedule, namely: -

In the aforesaid Schedule, in rule 8, after sub-rule (4), the following new sub-rule shall be added, namely: -

"(5) The provisions of sub-rule (6A) of rule 6C shall not apply to a banking company for tax year, 2024.".

[C. No.1(3)Rules&SROs/2023]

(Afaque Ahmed Qureshi)
Additional Secretary

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