GOVERNMENT OF PAKISTAN

(REVENUE DIVISION)

CENTRAL BOARD OF REVENUE

******

Islamabad, the October,2002.

NOTIFICATION

(Income Tax)

S.R.O.724 (I)/2002.- In exercise of the powers conferred by sub-section(2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-

In the aforesaid Schedule, in Part IV, after clause (13), the following new clause shall be inserted, namely:-

“ (13A) The provisions of section 113 shall not apply to Kot Addu Power Company Limited (KAPCO) for the period it continues to be entitled to exemption under clause (138) of Part-I of this Schedule.”.

[C.No.4(19)TP.I/91.Pt.IV]

( VAKIL AHMAD KHAN )

Member (Direct Taxes)/Additional Secretary