GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE
REVENUE DIVISION
CENTRAL BOARD OF REVENUE
Islamabad, the 10th February, 2000

NOTIFICATION
(INCOME TAX)

S.R.O. 55(I)/2000.-- In exercise of the powers conferred by sub-section (2) of section 14 of the Income Tax Ordinance, 1979 (XXXI of 1979) the Federal Government is pleased to direct that in the Second Schedule to the said Ordinance, the following further amendment shall be made, namely:--

In the aforesaid Schedule, in Part IV, after clause (9B), the following new clause shall be inserted, namely:--

"(9C) The provisions of section 80C of shall not apply in respect of payments received by a resident person for providing services by way of operation of a container or chemial or oil terminal at a sea-port in Pakistan or of an infra-structure project covered by the Government’s Investment Policy, 1997."

[C. No. 4(18)ITP/99]
(MANSOOR AHMED)
MEMBER (INCOME TAX)/ADDITIONAL SECRETARY