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    The document is a notification from the Government of Pakistan amending the Second Schedule of the Income Tax Ordinance of 1979. The notification substitutes clause (9B) of Part I of the Second Schedule to exempt resident persons from sub-section (4) of section 50 of the ordinance for payments received for supplying goods they had previously imported and paid tax on under sub-section (5) of section 50. The amendment provides tax relief for resident persons supplying imported goods on which they have already paid import taxes.

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    The document is a notification from the Government of Pakistan amending the Second Schedule of the Income Tax Ordinance of 1979. The notification substitutes clause (9B) of Part I of the Second Schedule to exempt resident persons from sub-section (4) of section 50 of the ordinance for payments received for supplying goods they had previously imported and paid tax on under sub-section (5) of section 50. The amendment provides tax relief for resident persons supplying imported goods on which they have already paid import taxes.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    8 views1 page

    Img 20230307 0016

    Uploaded by

    Mirza Danish Baig
    The document is a notification from the Government of Pakistan amending the Second Schedule of the Income Tax Ordinance of 1979. The notification substitutes clause (9B) of Part I of the Second Schedule to exempt resident persons from sub-section (4) of section 50 of the ordinance for payments received for supplying goods they had previously imported and paid tax on under sub-section (5) of section 50. The amendment provides tax relief for resident persons supplying imported goods on which they have already paid import taxes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    317123,4 55 Pt,l Notification No. S.R.O. 97(l)12002, dated 12th February, 2002.

    {f)

    GOVERNMENT OFPAKISTAN
    REYENUE DIVISION
    CENTRAL BOARD OF REVENUE
    *rr*******

    Islamabad, the 12th February, 2002

    NOTIFTCATION
    (TNCOME TAX)

    s.R.o. 91(l)12{J02.-
    In exercise of the powers cont-errecl by sub-section (2) of section l4 of the Income Tax Ordinance, 1979 (XXXI of 1979), thc
    'Irederal
    Goverlment is pleased to direct that the fbllowing funher arnendments shall be made in the Second Schcclule to tlie slici
    Ordinance, namely :-

    in the atbresaid schedule, in Part I, lbr clause (9B), the tbllorving shall be substituted namely,-

    ' (9B) The provisions of sub-section (4) of section 50 shall not apply in respect of payment received by a resident person
    tbr supply of such goods as were imporled by the same person and on r.vhich tax has been paicl uncler sLLb-section
    (5) ofsection 50."

    [wHT/2001]

    https://download 1 ,fbr.gov.pk/sros/lncomeTaxSROS/2002/2002sro97it.htm 111

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