The Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002.
SRO 716(I)/2008Rules and amendments to rules
SRO 716(I)/2008 is an Income Tax SRO dated 1 July 2008, listed by FBR as "The Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002.".
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
Page 1
GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE
--------------------
Islamabad, 2nd July, 2008
NOTIFICATION
(Income Tax)
S. R. O. 716(I)/2008.- In exercise of the powers conferred by sub-section (1)
of section 237 of the Income Tax Ordinance, 2001(XLIX of 2001), the Federal Board
of Revenue is pleased to direct that the following further amendments shall be
made in the Income Tax Rules, 2002, the same having previously published as
required by sub-section (3) of the said section, namely:-
In the aforesaid Rules, in rule 4, in the proviso, for the full stop, at the end,
a colon shall be substituted and thereafter the following new proviso shall
be added, namely:-
“Provided further that where House Rent Allowance is
admissible @ thirty per cent, the value taken for the purpose
of this rule shall be an amount not less than thirty per cent of
minimum of the time scale of basic salary or the basic salary
where there is no time scale.”
[C.No.4(5)ITR/06-pt]
(USMAN KHALID MIRZA)
Member (Direct Taxes)/
Additional Secretary
Related Income Tax SROs on rules and amendments to rules
- SRO 719 (1)/20084 July 2008The draft of further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to make.
- SRO 718 (1)/200829 June 2008The draft of further amendment in the Income Tax Rules, 2002, which the Federal Board of Revenue proposes to make.
- SRO 695 (I)/200825 June 2008The Federal Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002.
- SRO 693(I)/200825 June 2008Draft of certain further amendment in the Income Tax Rules, 2002.
- SRO 681(I)/200824 June 2008The draft of certain further amendments in the Income Tax Rules, 2002.
- SRO 655 (I)/200822 June 2008Amendments in the Income Tax Rules, 2002.