153(4) (Order to grant / refuse reduced rate of withholding on Supplies / Services / Contracts) (FOR GENERIC

EXEMPTION)

Name: AAMER LATIF Registration No 3520205374545

Address: Crest Pack, 57, The Mall, Lahore Tax Year : 2024
Period : 01-Jul-2023 - 31-Dec-2023
Medium : Online
Contact No: 00923008442128 Due Date : 16-Aug-2023
Valid Upto : 31-Dec-2023
Document Date 16-Aug-2023

The taxpayer has filed an application for issuance of exemption certificate u/s 153(4) of the Income Tax Ordinance, 2001.
In support of his contention the taxpayer has provided Enterprise Certificate which reflects the taxpayer is registered
asSmall and Medium Enterprises. Tax u/s 153(1)(a) of the Income Tax Ordinance, 2001 is not minimum rather adjustable
as per rule 8 of the Fourteenth Schedule to the Income Tax Ordinance, 2001. The said rule is reproduced as under:-

“The tax deductible under clause (a) of sub-section 1 of section 153 shall not be minimum tax where payments are
received on sale or supply of goods by SMEs”

Therefore, exemption certificate is hereby issued till 31.12.2022 unless cancelled earlier. Income tax already
deducted/deductible before the issuance of this certificate would not be refunded to the taxpayer but deposited in the
Government treasury.

Withholding Tax
Description Code Rate
Payment for Goods u/s 153(1)(a) @ 1.5% 64060053 0 0 0
Payment for Goods u/s 153(1)(a) @ 2% 64060054 0 0 0
Payment for Services u/s 153(1)(b) @2% 64060154 0 0 0

Attributes
Attribute Value
Decision Granted / Accepted

Attachments
Evidence with 153(4) (Application for reduced rate of withholding on Amir Latif Draft Return 2022.pdf
Supplies / Services / Contracts) (FOR GENERIC EXEMPTION)

Evidence with 153(4) (Application for reduced rate of withholding on Exemption certificate us 153.pdf
Supplies / Services / Contracts) (FOR GENERIC EXEMPTION)

Page 1 of 2 Printed on Fri, 2 Feb 2024 15:50:47

TAX HOUSE SYED MAUJ E DARYA ROAD LAHORE
153(4) (Order to grant / refuse reduced rate of withholding on Supplies / Services / Contracts) (FOR GENERIC
EXEMPTION)

Name: AAMER LATIF Registration No 3520205374545

Address: Crest Pack, 57, The Mall, Lahore Tax Year : 2024
Period : 01-Jul-2023 - 31-Dec-2023
Medium : Online
Contact No: 00923008442128 Due Date : 16-Aug-2023
Valid Upto : 31-Dec-2023
Document Date 16-Aug-2023

Attachments
Evidence with 153(4) (Application for reduced rate of withholding on SMEDA certificate.pdf
Supplies / Services / Contracts) (FOR GENERIC EXEMPTION)

Adnan Ahmad Khan

Commissioner
Inland Revenue, Zone-IV
TAX HOUSE SYED MAUJ E DARYA ROAD
LAHORE

This is a generic exemption order, and it does not require any party additions; this order is applicable to all withholding
agents.

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TAX HOUSE SYED MAUJ E DARYA ROAD LAHORE