Amendment Second Schedule Said Ordinance After Clause (6G), New Clause (6H) Inserted, (6H) Provision
SRO 829(I)/98Exemptions and concessions
SRO 829(I)/98 is an Income Tax SRO dated 22 July 1998, listed by FBR as "Amendment Second Schedule Said Ordinance After Clause (6G), New Clause (6H) Inserted, (6H) Provision".
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
CENTRAL BOARD OF REVENUE
Islamabad, July 22, 1998
NOTIFICATION
(INCOME TAX)
S.R.O. 829 (I) / 98.- In exercise of the powers conferred by sub-section (2) of
section 14 of the Income Tax Ordinance, 1979 the following further amendment shall be made in
the Second Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part IV, after clause (6G), the following new clause
(6H) shall be inserted, namely,-
“(6H) The provisions of sections 13 or Chapter XI or Chapter XII shall not
apply in respect of any amount invested in the purchase of assets auctioned or
sold as a consequence of a court order or decree in a case filed by a banking
company or a DFI whose management or control vests in the Federal or a
Provincial Government.”
( Muhammad Sarwar Khawaja )
Member ( Income Tax ) /
Additional Secretary
C.NO. 1 (23) e&IC/98
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