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Qanoon Digest

Amendment in Income Tax Ordinance, 2001

SRO 977(I)2011 is an Income Tax SRO dated 19 October 2011, listed by FBR as "Amendment in 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 October, 19 2011

NOTIFICATION
Income Tax

S.R.O. 977 (1) 2011. In exercise of the power 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 III, after clause (10), the following new clause shall be added, namely:-

"(11) The amount of surcharge payable on the income tax liability for the tax year 2011 under section 4A shall be computed on the proportionate amount of income tax liability for three and a half months".

[No.4 (27) ITP/2010]

(Shahid Husain Asad)
Additional Secretary/
Member (Inland Revenue)

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