Amendments in Sub-Rule (4) and (5) of Rule 81 B of the Income Tax Rule 2002

GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE

Islamabad, the 6th August, 2015.

NOTIFICATION
(Income Tax)

S.R.O. 772 (I)/2015. - The following draft of certain further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to be made in exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), is hereby published for information of all persons likely to be affected thereby and, as required by sub-section (3) of the said section, notice is hereby given that objections or suggestions thereon, is any, may be given to the Federal Board of Revenue within seven days of publication of this Notification in the official Gazette. Any objections or suggestions, which may be received from any person in respect of the said draft, before expiry of the aforesaid period, shall be considered by the Federal Board of Revenue, namely:-

DRAFT AMENDMENTS

In the aforesaid Rules, in rule 81B,-

(a) in sub-rule (4), for the words "fifteenth day of every month" the expression "every Sunday at 24:00 hours" shall be substituted; and

(b) in sub-rule (5), for full stop at the end a colon shall be substituted and thereafter the following proviso shall be added, namely:-

"Provided that name of a company or an AOP in whose case return is not due to be filed because of incorporation or formation after the 30th day of June relevant to the tax year, referred above, shall be included in Active Taxpayer List.".

[F.No. 4(63) ITP/2014-Pt-II]

(Shaheed Mehboob)
Secretary (Rules & SROs)