GOVERNMENT OF PAKISTAN

REVENUE DIVISION

CENTRAL BOARD OF REVENUE

***

                                                                       

Islamabad, the 3rd February, 2006

 

 

NOTIFICATION

(INCOME TAX)

 

                        S.R.O.  85(I)/2006.- 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 (59), the following new clause shall be added, namely:-

                       

“ (60)     Provisions of sections 148 and 153 shall not apply to fully as well partly designed/assembled cypher devices, for use within the country as are verified by NTISB with reference to design, quality and quantity.”.

 

 __________________________________________________________________                                                                                                                                 

[C.No.1(27)Ex/2005]

 

 

 

 (Salman Nabi)

                                    Member (Direct Taxes)/Additional Secretary