Profits and gains derived by a taxpayers from an industrial undertaking set up in Larkana Industrial Estate between the 1st day of July, 2008 and the thirtieth day of June, 2013, ....
SRO 741(I)/2008Other
SRO 741(I)/2008 is an Income Tax SRO dated 9 July 2008, listed by FBR as "Profits and gains derived by a taxpayers from an industrial undertaking set up in Larkana Industrial Estate between the 1st day of July, 2008 and the thirtieth day of June, 2013, ....".
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, July 10th, 2008.
NOTIFICATION
(Income Tax)
S.R.O.741(I)/2008.- In exercise of the powers 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 amendments shall be made in the Second Schedule to the said
Ordinance, namely:-
In the aforesaid Schedule, in Part I, after clause (126B), the
following new clause shall be inserted, namely:-
(126C) (1) Profits and gains derived by a taxpayer from an
industrial undertaking set up in Larkano Industrial Estate
between the 1st day of July, 2008 and the thirtieth day of
June, 2013, both days inclusive, for a period of ten years
beginning with the month in which the industrial
undertaking is set up or commercial production
commenced, whichever is the later.
(2) Exemption under this clause shall apply to an
industrial undertaking which is owned and managed by a
company registered under the Companies Ordinance
1984 (XLVII of 1984) and formed exclusively for
operating the said undertaking.
[No.1(2)E&IC/98-Pt]
(Usman Khalid Mirza)
Member (Direct Taxes)/
Additional Secretary
Related Income Tax SROs on other
- SRO 58(I)/20102 February 2010Computation of export profits and tax attributable to export sales.-
- SRO 878(I)/20097 October 2009Notification for Annual Return of Income for Companies
- SRO 765(I)/20091 September 2009Notification for Companies Return
- SRO 7(29)S.ASST/20085 May 2008Mr. Aftab Ahmad Secretary (Assessment) FBR, is also assigned the work of Project Director(TMS)
- SRO 481(I)/2007.9 June 2007Federal Government is pleased to direct that henceforth the banks shall issue computerized Tax Payment Receipts (CPR), duly signed and stamped.....
- SRO 669(I)/200628 June 2006Statement regarding transfer of property