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Qanoon Digest

Amendment Second Schedule Said Ordinance After Clause (40), New Clause Added, "(41) Provisions Of Su

SRO 907(I)/98Exemptions and concessions

SRO 907(I)/98 is an Income Tax SRO dated 17 August 1998, listed by FBR as "Amendment Second Schedule Said Ordinance After Clause (40), New Clause Added, "(41) Provisions Of Su".

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.

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GOVERNMENT OF PAKISTAN CENTRAL BOARD OF REVENUE Islamabad, the 17th August, 1998. N O T I F I C A T I O N (INCOME TAX) S.R.O.907(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 the Second Schedule to the said Ordinance, namely:- In the aforesaid Schedule, in Part IV, after clause (40), the following new clause shall be added, namely:- "(41) The provisions of sub-section (7A) of section 50 of the Income Tax Ordinance, 1979, shall not apply to the assets auctioned by Provincial Privatization Boards.". [F.No.ITJI-1(26)/81-Pt] (MUHAMMAD SARWAR KHAWAJA) ADDITIONAL SECRETARY/MEMBER(INCOME TAX)

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