Amendment in Second Schedule of Income Tax Ordinance, 2001.
SRO 248(I)/2015 is an Income Tax SRO dated 27 March 2015, listed by FBR as "Amendment in Second Schedule of 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 27th March, 2015
NOTIFICATION
(Income Tax)
S.R.O. 248 (I)/2015.- 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-I, in clause (132), in fourth proviso, for the full stop at the end, a colon shall be substituted and thereafter the following new proviso shall be added, namely:-
"Provided also that conditions laid down in sub-clause (b) shall not apply to electric power generation project formed by the splitting up, or the reconstruction or the reconstitution of an electric power generation business already in existence and availing exemption under this clause."
[C.No. 4(112)ITP/2008]
(Muhammad Ashraf Khan)
Additional Secretary/
Member (IR- Operations)
Related Income Tax SROs on exemptions and concessions
- SRO 1135(I)/201515 November 2015Time period for reduced rate of 0.3% on banking transactions under section 236P extended upto 30th November, 2015
- SRO 1092(I)/20159 November 2015Time period for reduced rate of 0.3% on banking transactions under section 236P extended upto 15th November, 2015
- SRO 1056(I)/201520 October 2015Extension of the time period of applicability of the reduced rate of 0.3% of Advance Income Tax for non-filers under section 236P of the Income Tax Ordinance, 2001
- SRO 235(I)/201518 March 2015Amendment in Second Schedule of Income Tax Ordinance, 2001.
- SRO 716(I)/20147 August 2014Amendment shall be made in the Second Schedule.
- SRO 717(I)/20147 August 2014Federal Board of Revenue is pleased to specify the manner and the conditions for issuance of exemption certificate, exempting import of raw material from the provisions...............