GOVERNMENT OF PAKISTAN

(REVENUE DIVISION)

CENTRAL BOARD OF REVENUE

*****

Islamabad, the 11th January,2003.

 

NOTIFICATION

(Income Tax)

 

            S.R.O.  44(I)/2003.- 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 aforesaid Ordinance, namely:-

           

                        In the aforesaid Schedule, in Part I, in Clause (132), second proviso shall be substituted as under:-

                                    “Provided further the exemption under this clause shall not apply to oil fired power plants setup on or after 22nd October, 2002.”.

 

 [C.No.1(9)DTP-II/94.Pt.III]

 

(VAKIL AHMAD KHAN)    

Member (Direct Taxes)/Additional Secretary