S.R.O. 1099(I)/99.--

In exercise of the powers conferred by sub-section (3) of section 138C of Income Tax Ordinance, 1979 (XXXI of 1979) and in partial notification of S.R.O. 1201(I)/94, dated 14th December, 1994 the Income Tax Settlement Commission is pleased to make the following amendments,-

2.      After sub-rule(2) of Rule 8 the following explanation shall be inserted :

"Explanation.-- Where an assessment is set aside by an appellate authority, not being the Income Tax appellate Tribunal or any Court of Law, the "tax payable" would be the tax payable in consequence of the said assessment order".

PARVEEN QADIR AGHA,

Chairman.