Rule 43 & 73 of the Income Tax Rules, 2002 have been amended through the S.R.O 498(I)/2015.
SRO 498(I)/2015 is an Income Tax SRO dated 24 July 2015, listed by FBR as "Rule 43 & 73 of the Income Tax Rules, 2002 have been amended through the S.R.O 498(I)/2015.".
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 24th July, 2015.
NOTIFICATION
(Income Tax)
S.R.O. 498(I)/2015. - In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published vide Notification No. S.R.O. 497(I)/2015, dated the 15th July, 2015, as required by sub-section (3) of the said section, namely:-
In the aforesaid Rules,-
(a) in rule 43, in sub-clause (b), for full stop at the end, a colon shall be substituted and thereafter the following new proviso shall be added, namely:-
"Provided that the tax collected by a banking company upto 19th July, 2015 in respect of advance tax on banking transactions under section 236P of the Ordinance may be deposited into the Government Treasury by 31st July, 2015."; and
(b) in rule 73, after sub-rule (7), the following new sub-rule shall be added, namely:-
"(8) The Board may direct that the provisions of any of the sub-rules of this rule shall not apply for a tax year.".
[F.No. 4(17)R&S/2015]
(Rabia Yaser Durrani)
Secretary (Income Tax Policy)
Related Income Tax SROs on rules and amendments to rules
- SRO 877(I)/20151 September 2015Amendments in Income Tax Rules
- SRO 831(I)/201521 August 2015Amendments in Sub-Rule (4) and (5) of Rule 81 B of the Income Tax Rule 2002
- SRO 772(I)/20156 August 2015Amendments in Sub-Rule (4) and (5) of Rule 81 B of the Income Tax Rule 2002
- ___i/201524 July 2015sub-rule (2E) of rule 73 shall not apply for tax year 2014
- SRO 497(I)/201515 July 2015Amendment in rule 43 to extend the date for depositing tax by banking companies under section 236P, upto 31st July, 2015
- SRO 482(I)/201516 June 2015Draft rules for mode and manner of disposal of Bonus Shares