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030131
GOVERNMENT OF PAKISTAN REVENUE
DIVISION CENTRAL BOARD OF REVENUE
C.No.1(13)WHT/2000
Islamabad, January 31, 2003
CIRCULAR NO. 1 OF 2003.
(INCOME TAX)
SUBJECT:
INSTRUCTIONS ISSUED THROUGH CBR CIRCULAR NO.6 OF 2002 – CLARIFICATION REGARDING.
For the purpose of
solving problems faced by many tax payers of Pakistan and the AJ&K, the
following instructions were issued through CBR Circular No.6 of 2002 dated May
04, 2002:-
(i) Competent Tax Authorities of Pakistan and AJ&K will issue the exemption
certificate to their taxpayers in suitable cases as per the provisions of
law/rules under various provisions of Income Tax Ordinance, 1979, and both
authorities would accept these certificates as such.
(ii) Credit of taxes paid in Pakistan and AJ&K will be allowed by the respective
tax authorities on basis of original challans of payment and after necessary
verification.
2. There is an apprehension among the tax payers that because of the word
“henceforth” as used in the said circular the above instructions are not
applicable to the exemption certificates issued or tax paid prior to the date of
the above referred circular.
3. The above circular was issued as a result of detailed deliberations in the
meeting between AJ&K Council and CBR held on October 8, 2001 to ameliorate the
problems of taxpayers and it was agreed to accept exemption certificates issued
and allow credit of tax paid in the past as well as in the future. In order to
eliminate such apprehension, it is, therefore, clarified that instructions
contained in the said circular are equally applicable to the exemption
certificates issued and tax paid even prior to the date of 4th May, 2002.
4. It is further clarified that the corresponding provisions of new Income Tax
Ordinance, 2001, are also equally applicable in this regard.
(Saeedullah Khan)
Secretary(WHT)
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