040901

GOVERNMENT OF PAKISTAN

REVENUE DIVISION

CENTRAL BOARD OF REVENUE

****

 

No.4 (32)ITP/2004(S-113A).                                                             Islamabad, September 1, 2004

 

 

CIRCULAR No. 19 OF 2004

(INCOME TAX)

 

 

Sub:                 FINAL TAX ON RETAILERS UNDER SECTION 113A OF THE INCOME TAX ORDINANCE, 2001 – CLARIFICATION REGARDING.

 

 

                        Board has received a number of queries from various quarters to elaborate the scope of “persons” entitled to avail benefits of option pertaining to final taxation under section  113A of Income Tax Ordinance.

 

2.                     The matter has been considered in the Board and it is explained that all persons selling goods to general public for consumption including manufactures/ dealers, distributors and such like others having turnover upto rupees five millions, are entitled to avail the benefits of the provisions of section 113A of the Ordinance. 

 

(Waqar Ahmad)

Secretary (ITP)