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<!-- saved from url=(0070)https://download1.fbr.gov.pk/sros/IncomeTaxSROS/2003/2003sro1053it.htm --> <html xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:st1="urn:schemas-microsoft-com:office:smarttags" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv="Content-Type" content="text/html; charset=windows-1252"> <meta name="ProgId" content="Word.Document"> <meta name="Generator" content="Microsoft Word 10"> <meta name="Originator" content="Microsoft Word 10"> <link rel="File-List" href="https://download1.fbr.gov.pk/sros/IncomeTaxSROS/2003/2003sro1053it_files/filelist.xml"> <title>MINISTRY OF FINANCE, ECONOMIC AFFAIRS,</title> </head><body lang="EN-US" style="tab-interval:.5in" data-new-gr-c-s-check-loaded="14.1243.0" data-gr-ext-installed=""><o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="date"> <o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="City"> <o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="place"> <!--[if gte mso 9]><xml> <w:WordDocument> <w:GrammarState>Clean</w:GrammarState> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if !mso]><object classid="clsid:38481807-CA0E-42D2-BF39-B33AF135CC4D" id=ieooui></object> <style> st1\:*{behavior:url(#ieooui) } </style> <![endif]--> <style> <!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; 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margin-right:0in; margin-bottom:0in; margin-left:106.35pt; margin-bottom:.0001pt; text-indent:-106.35pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; letter-spacing:-.15pt;} p.MsoBodyText3, li.MsoBodyText3, div.MsoBodyText3 {margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:14.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; letter-spacing:-.15pt;} p.MsoBodyTextIndent2, li.MsoBodyTextIndent2, div.MsoBodyTextIndent2 {margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:1.0in; margin-bottom:.0001pt; text-align:justify; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; letter-spacing:-.15pt;} p.MsoBodyTextIndent3, li.MsoBodyTextIndent3, div.MsoBodyTextIndent3 {margin-top:0in; margin-right:0in; margin-bottom:0in; margin-left:1.5in; margin-bottom:.0001pt; text-align:justify; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman"; letter-spacing:-.15pt;} span.GramE {mso-style-name:""; mso-gram-e:yes;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style> <!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman";} </style> <![endif]--> <div class="Section1"> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">MINISTRY OF FINANCE, ECONOMIC AFFAIRS,</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">STATISTICS AND REVENUE,</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">(REVENUE DIVISION)</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">CENTRAL BOARD OF REVENUE</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">*****</span><span style="font-size: 10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right"><span style="font-size: 10.0pt;font-family:Arial"> </span><st1:city><st1:place><span style="font-size:10.0pt;font-family:Arial">Islamabad</span></st1:place></st1:city><span style="font-size:10.0pt;font-family:Arial">, </span><st1:date year="2003" day="17" month="11"><span style="font-size:10.0pt;font-family:Arial">the 17<sup>th</sup> November, 2003</span></st1:date><span style="font-size:10.0pt;font-family: Arial">.</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt"><o:p> </o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center"><b style="mso-bidi-font-weight: normal"><u><span style="font-size:10.0pt;font-family:Arial">NOTIFICATION</span></u></b><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt"><o:p></o:p></span></b></p> <p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:10.0pt;font-family:Arial">(Income Tax)</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoBodyText" align="left" style="text-align:left"><span style="font-size: 10.0pt;line-height:150%;font-family:Arial"> S.R.O. 1053(I)/2003.- In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-</span><span style="font-size:10.0pt;line-height:150%"><o:p></o:p></span></p> <p class="MsoNormal"><span style="font-size:10.0pt;font-family:Arial"> </span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-indent:0in;line-height: 200%"><span style="font-size:10.0pt;line-height:200%;font-family:Arial"> In the aforesaid Schedule, in Part II, in clause (14), in sub-clause (i) for the word �five� the word �fifty� shall be substituted.</span><span style="font-size:10.0pt;line-height:200%"><o:p></o:p></span></p> <p class="MsoBodyTextIndent" style="margin-left:0in;text-indent:0in"><span style="font-size:10.0pt;font-family:Arial"> [<span class="GramE"><u>C.No.1(</u></span><u>31)WHT/2000</u>]</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoBodyText3" align="right" style="text-align:right"><span style="font-size:10.0pt;font-family:Arial"> (Vakil Ahmad Khan)</span><span style="font-size:10.0pt"><o:p></o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right"><span class="GramE"><span style="font-size:10.0pt;font-family:Arial">Member(</span></span><span style="font-size:10.0pt;font-family:Arial">Direct Taxes)/Additional Secretary</span><span style="font-size:10.0pt"><o:p></o:p></span></p> </div> </o:smarttagtype></o:smarttagtype></o:smarttagtype></body><grammarly-desktop-integration data-grammarly-shadow-root="true"><template shadowrootmode="open"><style> div.grammarly-desktop-integration { position: absolute; width: 1px; height: 1px; padding: 0; margin: -1px; overflow: hidden; clip: rect(0, 0, 0, 0); white-space: nowrap; border: 0; -moz-user-select: none; -webkit-user-select: none; -ms-user-select:none; user-select:none; 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