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Government of
Revenue Division
Central Board of Revenue
. .
*
N o t i f i c a t i o n
(Income Tax)
S. R.
O. 435(I)/2004.- The following draft amendments in the
Income Tax Rules, 2002, proposed to be made in exercise of the powers conferred
by section 237 of the Income Tax Ordinance, 2001 (XLIV of 2001), is hereby
published for the information of all persons likely to be affected thereby, and
notice is hereby given that the draft will be taken into consideration after fifteen
days of its publication in the official Gazette.
2. Any objection or suggestion, which may
be received from any person, in respect of the said draft amendments before the
expiry of the aforesaid period, shall be considered by the Central Board of
Revenue.
Draft Amendments
In
the aforesaid Rules, --
(1) in rule 9, for
sub-rule (2) the following shall be substituted, namely:-
“(2) Where any
allowance or perquisite is receivable in cash, the whole of such amount shall
be included in the employee’s salary except house rent allowance receivable by
the employee in cash up to 45% of the minimum of the time scale of his basic
salary or the basic salary where there is no time scale subject to a maximum of
two hundred seventy thousand rupees.”;
(2) in rule 18, in
clause (b), in sub-clause (ii), the proviso shall be omitted;
(3) in rule 51, after sub-rule (6), the following new sub-rule
shall be added, namely:-
“(7) The
Commissioner may, on sufficient cause being shown, extend the date for the delivery
of any statement so, however, that no extension of time for a period or periods
amounting in all to more than fifteen days from the date specified in sub-rules
(1), (2), (3), (4) and (5) shall be allowed.”;
(4) in rule 51A, in the marginal heading for the word
“Quarterly” the word “Annual” shall be substituted.
(5) after rule “51A”, amended as aforesaid, the following new
rule shall be inserted, namely:-
“51B. Quarterly
statement under section 165 read with section 149 regarding salary.– A statement under section 165 read with section 149
thereof, shall be furnished by every person responsible for paying income
chargeable under the head “Salary”, where the income so paid by him to any
person exceeds the maximum taxable limit, to the Commissioner having
jurisdiction to such recipients, in the following form and shall be verified in
the manner indicated therein, namely:-
QUARTERLY
STATEMENT OF DEDUCTION OF TAX ON INCOME CHARGEABLE UNDER THE HEAD “SALARY”
Name and address of employer _________________________
_________________________
National Tax Number of employer
_________________________
Statement for the quarter ending ____________.
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S. No. |
Name of the employee. |
National Tax Number. |
Appointment or nature of
employment. |
Total amount of salary, wages,
annuities, pension, gratuity, fees, commission and allowances of all kinds,
perquisites, utilities, etc. |
Net amount on which tax has been dedu-cted. |
Amount of tax deducted. |
Date on which deposited to the
credit of Government . |
Challlan No. |
Remarks. |
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During the month. |
Up to and including the month. |
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(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
(11) |
I,
______________________, being the person responsible for paying
the salary shown in the above statement, do hereby declare that the above
statement is complete and that the particulars given therein are, correct.
Date:
__________________ Signature:
_____________________
Name of
person responsible
for
paying the salary
(if not the
employer): __________________
Note:-
1.
The total amount of salary, the net
amount on which tax has been deducted and the amount of tax deducted from the
beginning of the financial year or from such month after the 1st day
of July as the employee entered the service of the employer should be shown.
2.
In the case of an employee who has
left the service of the employer progressive totals of the amount paid, etc.,
and the tax deducted should be shown up to the last month of the each quarter.
3.
The address of the former employer
of a new employee and the address of the new employer of an outgoing employee
shall be given in the remarks column of the above statement wherever
practicable.”;
(6) in rule 53, in sub-rule (1), ---
(a)
after brackets and
letter “(c)”, the word, brackets and letter “or (d)” shall be inserted;
(b)
in form, in the heading, after the
brackets and letter “(c)”, the word and letter “or (d)” shall be inserted.
(7) in rule 118, for
the words, brackets and letters “sub-rule (1) of rule 109” the word and figure
“rule 102” shall be substituted; and
(8) in rule 225, in clause “(e)”, after the word “Certified”,
the word “Chartered” shall be inserted.
[C. No. 4(4)IT-Jud/03]
Member (Legal & Coordination)/
Additional Secretary
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