Exempt from levy of CVT on third Pakistan Sukuk 2016
SRO 923(I)/2016 is an Income Tax SRO dated 30 September 2016, listed by FBR as "Exempt from levy of CVT on third Pakistan Sukuk 2016".
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 30th September, 2016
NOTIFICATION
(CAPITAL VALUE TAX)
S.R.O. 923(I)/2016. - In exercise of the powers conferred by sub-section (10) of section 7 of the Finance Act, 1989 (V of 1989), the Federal Government is pleased to exempt the Third Pakistan International Sukuk Company Limited from charge of the Capital Value Tax.
[C.No.4(125)IT-Budget/2016]
(Shaukat Ali)
Member (Legal)/
Additional Secretary
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