Exemption from the Provisions of section 113 of Income Tax Ordinance, 2001 for public Sector Universities
SRO 29(I)/2018 is an Income Tax SRO dated 12 January 2018, listed by FBR as "Exemption from the Provisions of section 113 of Income Tax Ordinance, 2001 for public Sector Universities".
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 12th January, 2018.
NOTIFICATION
(Income Tax)
S.R.O. 29(I)/2018.- In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001) and pursuant to the approval of the Economic Coordination Committee of the Cabinet vide case No.ECC-136/24/2017, dated the 22nd December, 2017, the Board with the approval of Federal Minister-in-charge 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 IV, in clause (11A), after sub-clause (xxix), the following new sub-clause shall be added, namely:-
"(xxx) taxpayers qualifying for exemption under clause (126) of Part-I of this Schedule with effect from tax year 2014.".
[F.No.4(66)IT-Budget/2017]
(Ajaz Hussain)
Secretary (Rules & SROs)
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