GOVERNMENT OF PAKISTAN

(Revenue Division)

Islamabad, the 01st March, 2000

(Income Tax)

S.R.O. 98(I)/2000.--

In exercise of the powers conferred by sub-section (1) of section 165 of the Income Tax Ordinance, 1979 (XXXI of 1979), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 1982, the same having been previously published as required by sub-section (4) of the said section, namely :-

In the aforesaid rules, after rule 26F, the following new rule shall be inserted, namely :-

"(26G) Undisclosed income to be charged to tax.- The undisclosed income declared by a person in pursuance of Tax Amnesty Scheme, 2000, shall be charged to tax at the rate of ten per cent of such income."

[C. No. 4 (2) IT-Jud/97-Pt.]

MANSOOR AHMED                      

Member (Direct Taxes)