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S.R.Os / Notifications

SRO Number: 126(I)/2013
SRO Date: February 13,2013
SRO Relates To: SROs>> Income Tax
SRO Title: SRO 126(I)/2013 dated 13.02.2013
Brief Description:

Through SRO. 126(I)/2013 dated 13th February 2013, a new clause (43D) has been inserted in Part- IV of First Schedule of the Income Tax Ordinance 2001, provisions of clause (a) of sub-section (1) of section 153 shall not apply in case of an oil tanker contractor with effect from 1st July 2008, provided that such contractor pays tax @ 2.5% on the payments for rendering or providing of carriage services w.e.f. tax year 2012.