 |
|
For business information, annual reports, laws, ordinances, regulations and articles. |
|
|
020531
GOVERNMENT
OF PAKISTAN REVENUE DIVISION CENTRAL BOARD OF REVENUE
Islamabad, the 31st May, 2002
NOTIFICATION
(INCOME TAX)
S.R.O.
297(I)/2002.- 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 and shall be deemed to have been so made on the 22nd July, 1998,
namely:-
In the aforesaid Schedule, in Part IV, for clause (6HA), the following shall be
substituted, namely:-
“(6HA) The provisions of section 13 or Chapters XI and XII shall not
apply in respect of any amount invested in the purchase f Special US Dollar Bonds, issued
under the Special U.S. Dollar Bond Rules, 1998:
Provided that the exemption under this clause shall not be available in respect of the
amount invested in the said Bonds purchased out of incremental deposits made in the
existing foreign currency accounts on or after 16th day of December 1999, or out of
foreign currency accounts opened on or after the said date, or on payment of the amount
referred to in sub-rule (3) of rule 5 of Special U.S. Dollar Bond Rules, 1998 after the
said date.”.
[C. No. 4(32)TP-I/92.Pt.IV]
(VAKIL AHMAD KHAN)
MEMBER (DIRECT TAXES)/ADDITIONAL SECRETARY
