Exemption from Income Tax to the PM COVID-19 Pandemic Relief Fund-2020
SRO 300(I)2020Exemptions and concessions
SRO 300(I)2020 is an Income Tax SRO dated 10 April 2020, listed by FBR as "Exemption from Income Tax to the PM COVID-19 Pandemic Relief Fund-2020".
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Government of Pakistan
Revenue Division
Federal Board of Revenue
***
Islamabad, the io" April, 2020.
NOTIFICATION
(Income Tax)
S.R.O. 300(1)12020.- In exercise of powers conferred by sub-section (2) of section
53 of the lncorne Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased
to direct that the'followinq further amendments shall be made in the Second Schedule to
the said Ordinance, namely;-
In the aforesaid Schedule,-
(i) in Part 1-,
(a) in clause (61), after sub-clause (Ivi), the following new sub-clause shall be
added, namely-
'{Ivii)The Prime Ministers COVID-19 Pandemic Relief Fund-2020."; and
(b) in clause (66), after sub-clause (Ixviii), the following new sub-clause shall
be added, namely:-
'{Ixix)The Prime Ministers COVID-19 Pandemic Relief Fund-2020.'~and
(ii) in Part IV-,
(a) in clause (11A), after sub-clause (xxxiv), the following new sub-clause
shall be added, namely-
'(xxxv)The Prime Ministers COVID-19 Pandemic Relief Fund-2020:';
(b) after clause (115), the following new clauses shall be added, namely--
'{116) The provisions of section 151, 231A, 231AA and 236P shall not
apply to The Prime Ministers COVID-19 Pandemic Relief Fund-2020.
(117) The provisions of section 236P shall not apply at the time of transfer
of any sum to The Prime Ministers COVID-19 Pandemic Relief Fund-
2020:'.
[F.No. 1( 37)R&S/20201 -
(Dr. amid Ateeq Sarwar)
Additional Secretary
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