GOVERNMENT
OF
REVENUE
DIVISION
CENTRAL
BOARD OF REVENUE
*****
NOTIFICATION
(Income
Tax)
S.R.O.586(I)/2002.- In exercise of the powers
conferred by section 240 of the Income Tax Ordinance, 2001 (XLIX of 2001), the
Federal Government is pleased to direct that for deduction or collection of tax
for the year beginning on the first day of July 2002, the said Ordinance shall
have effect as if,-
(1) In the First Schedule,-
(A)
in Part III, Division III,-
(i)
in clause (I), in sub-clause (a) for the figure “1” the figure “1.5”
was substituted; and
(ii)
in clause (4), in sub-clause (c), in paragraph (ii) for
the figure “6” the figure “5” was substituted.
(B) in Part IV,
in Division III, in clause (2),-
(i)
in
sub-clause (a) after the figure “25”, the words “per seat per annum” were
added;
(ii)
in
sub-clause (b) after the figure “60”, the words “per seat per annum” were added; and
(iii)
in
sub-clause (c) after the figure “100”, the words “per seat per annum” were
added.
[C.No.4(33)ITP/2002]
(VAKIL AHMED KHAN)
MEMBER (DIRECT TAXES)/ADDITIONAL
SECRETARY