Amendment In Part IV Of Second Schedule Said Ordinance After Clause (46), New Clause Added, “( 47) P
SRO 1266(I)/98Exemptions and concessions
SRO 1266(I)/98 is an Income Tax SRO dated 2 November 1998, listed by FBR as "Amendment In Part IV Of Second Schedule Said Ordinance After Clause (46), New Clause Added, “( 47) P".
The text below was extracted automatically from the text layer of the official PDF, and any machine-read text layer FBR added to a scan can contain misread characters. 1 of 2 pages are scanned images with no text layer; those pages are marked and have not been transcribed. Check the official PDF before relying on any wording or figure.
Page 1
Islamabad, 2nd November, 1998.
NOTIFICATION
(INCOME TAX)
S.R.O. 1266 (I)/98. - In exercise of the powers conferred by sub-section (2) of
section 14 of the Income Tax Ordinance, 1979 (XXXI of 1979), the Federal Government
is pleased to direct that the following further amendment shall be made in Part IV of the
Second Schedule to the said Ordinance, namely :-
In the aforesaid Schedule, in Part IV, after clause (46), the following new clause
shall be added, namely :-
“(47) The provisions of sub-section (7D) of section 50 of the Income
Tax Ordinance, 1979, shall not apply to a person who produces a
certificate from the Commissioner of Income Tax concerned to the
effect that his income during the income year is exempt from tax
under the Income Tax Ordinance, 1979.”.
Page 2
No text layer on this page. See page 2 of the official file.
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