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<!-- saved from url=(0068)https://download1.fbr.gov.pk/sros/IncomeTaxSROS/2003/2003sro44it.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/2003/2003sro44it_files/filelist.xml"> <title> GOVERNMENT OF PAKISTAN</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="country-region"> <o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="City"> <o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="place"> <o:smarttagtype namespaceuri="urn:schemas-microsoft-com:office:smarttags" name="date"> <!--[if gte mso 9]><xml> XXXXXXXXXXXXXXXXXXXXXX <o:Author>Kashif Khan</o:Author> <o:Template>Normal</o:Template> <o:LastAuthor>Amego</o:LastAuthor> <o:Revision>3</o:Revision> <o:TotalTime>6</o:TotalTime> <o:Created>2003-01-18T05:38:00Z</o:Created> <o:LastSaved>2003-01-18T05:38:00Z</o:LastSaved> <o:Pages>1</o:Pages> <o:Words>117</o:Words> <o:Characters>667</o:Characters> <o:Company>PRAL</o:Company> <o:Lines>5</o:Lines> <o:Paragraphs>1</o:Paragraphs> <o:CharactersWithSpaces>783</o:CharactersWithSpaces> <o:Version>10.2625</o:Version> </o:DocumentProperties> </xml><![endif]--><!--[if gte mso 9]><xml> <w:WordDocument> <w:SpellingState>Clean</w:SpellingState> <w:GrammarState>Clean</w:GrammarState> <w:DisplayHorizontalDrawingGridEvery>0</w:DisplayHorizontalDrawingGridEvery> <w:DisplayVerticalDrawingGridEvery>0</w:DisplayVerticalDrawingGridEvery> <w:UseMarginsForDrawingGridOrigin/> <w:Compatibility> <w:FootnoteLayoutLikeWW8/> <w:ShapeLayoutLikeWW8/> <w:AlignTablesRowByRow/> <w:ForgetLastTabAlignment/> <w:LayoutRawTableWidth/> <w:LayoutTableRowsApart/> <w:UseWord97LineBreakingRules/> </w:Compatibility> <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:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} h2 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:justify; mso-pagination:none; page-break-after:avoid; mso-outline-level:2; mso-hyphenate:none; tab-stops:0in center 3.25in left 3.5in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Courier New"; mso-bidi-font-family:"Times New Roman"; letter-spacing:-.15pt; layout-grid-mode:line; mso-bidi-font-weight:normal;} h3 {mso-style-next:Normal; margin:0in; margin-bottom:.0001pt; text-align:center; mso-pagination:none; page-break-after:avoid; mso-outline-level:3; mso-hyphenate:none; tab-stops:0in center 3.25in left 3.5in; font-size:12.0pt; mso-bidi-font-size:10.0pt; font-family:"Times New Roman"; letter-spacing:-.15pt; layout-grid-mode:line; font-weight:normal; text-decoration:underline; text-underline:single;} p.MsoBodyTextIndent, li.MsoBodyTextIndent, div.MsoBodyTextIndent {margin-top:0in; 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font-family:"Times New Roman";} </style> <![endif]--> <div class="Section1"> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none; tab-stops:0in"><span style="font-family:Arial;letter-spacing:-.15pt">GOVERNMENT OF </span><st1:country-region><st1:place><span style="font-family:Arial; letter-spacing:-.15pt">PAKISTAN</span></st1:place></st1:country-region><!--[if supportFields]><span style='font-family:Arial;letter-spacing:-.15pt'><span style='mso-element:field-begin'></span>PRIVATE </span><![endif]--><!--[if supportFields]><span style='font-family:Arial; letter-spacing:-.15pt'><span style='mso-element:field-end'></span></span><![endif]--><span style="font-family:Arial;letter-spacing:-.15pt"><o:p></o:p></span></p> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none; tab-stops:0in"><span style="font-family:Arial;letter-spacing:-.15pt">(REVENUE DIVISION)<o:p></o:p></span></p> <h2 align="center" style="text-align:center;tab-stops:0in"><span style="font-size:10.0pt;font-family:Arial;font-weight:normal">CENTRAL BOARD OF REVENUE<o:p></o:p></span></h2> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none; tab-stops:0in center 3.25in left 3.5in"><span style="font-family:Arial; letter-spacing:-.15pt">*****<o:p></o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none; tab-stops:0in right 6.5in"><st1:city><st1:place><span style="font-family:Arial; letter-spacing:-.15pt">Islamabad</span></st1:place></st1:city><span style="font-family:Arial;letter-spacing:-.15pt">, </span><st1:date year="2003" day="11" month="1"><span style="font-family:Arial;letter-spacing:-.15pt">the 11<sup>th</sup> January<span class="GramE">,2003</span></span></st1:date><span style="font-family: Arial;letter-spacing:-.15pt">.<o:p></o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none; tab-stops:0in center 3.25in left 3.5in"><span style="font-family:Arial; letter-spacing:-.15pt"><span style="mso-spacerun:yes"> </span><o:p></o:p></span></p> <h3><b style="mso-bidi-font-weight:normal"><span style="font-size:10.0pt; font-family:Arial">NOTIFICATION<o:p></o:p></span></b></h3> <p class="MsoNormal" align="center" style="text-align:center;mso-hyphenate:none; tab-stops:0in center 3.25in left 3.5in"><b style="mso-bidi-font-weight:normal"><span style="font-family:Arial;letter-spacing:-.15pt">(Income Tax)</span></b><span style="font-family:Arial;letter-spacing:-.15pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;line-height:150%;mso-hyphenate: none;tab-stops:0in"><span style="font-family:Arial;letter-spacing:-.15pt"><o:p> </o:p></span></p> <p class="MsoNormal" style="line-height:150%;mso-hyphenate:none;tab-stops:0in"><span style="font-family:Arial;letter-spacing:-.15pt"><span style="mso-tab-count: 1"> </span><span class="GramE">S.R.O.</span><span style="mso-spacerun:yes"> </span>44(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 aforesaid Ordinance, namely:-<o:p></o:p></span></p> <p class="MsoBodyTextIndent" align="left" style="text-align:left"><span style="font-size:10.0pt;line-height:150%;font-family:Arial;font-weight:normal"><span style="mso-tab-count:1"> </span><o:p></o:p></span></p> <p class="MsoBodyTextIndent" align="left" style="text-align:left"><span style="font-size:10.0pt;line-height:150%;font-family:Arial;font-weight:normal"><span style="mso-tab-count:2"> </span>In the aforesaid Schedule, in Part I, in Clause (132), second proviso shall be substituted as under:-<o:p></o:p></span></p> <p class="MsoBodyTextIndent" align="left" style="margin-left:1.5in;text-align:left; text-indent:-1.5in"><span style="font-size:10.0pt;line-height:150%;font-family: Arial;font-weight:normal"><span style="mso-tab-count:1"> </span><span style="mso-spacerun:yes"> </span><span style="mso-tab-count:1"> </span>�Provided further the exemption under this clause shall not apply to oil fired power plants setup on or after 22<sup>nd</sup> October, 2002.<span class="GramE">�.</span><o:p></o:p></span></p> <p class="MsoNormal" style="mso-hyphenate:none;tab-stops:0in"><span style="font-family:Arial;letter-spacing:-.15pt"><o:p> </o:p></span></p> <p class="MsoNormal" style="mso-hyphenate:none;tab-stops:0in"><u><span style="font-family:Arial;letter-spacing:-.15pt"><span style="mso-spacerun:yes"> </span>[<span class="GramE">C.No.1(</span>9)DTP-II/94.Pt.III]</span></u><span style="font-family:Arial;letter-spacing:-.15pt"><o:p></o:p></span></p> <p class="MsoNormal" style="text-align:justify;mso-hyphenate:none;tab-stops:0in right 6.5in"><span style="font-family:Arial;letter-spacing:-.15pt"><o:p> </o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none; tab-stops:0in right 6.5in"><span style="font-family:Arial;letter-spacing:-.15pt">(VAKIL AHMAD KHAN)<span style="mso-spacerun:yes"> </span><o:p></o:p></span></p> <p class="MsoNormal" align="right" style="text-align:right;mso-hyphenate:none; tab-stops:0in right 6.5in"><span style="font-family:Arial;letter-spacing:-.15pt">Member (Direct Taxes)/Additional Secretary<o:p></o:p></span></p> </div> </o:smarttagtype></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; } div.grammarly-desktop-integration:before { content: attr(data-content); } </style><div aria-label="grammarly-integration" role="group" tabindex="-1" class="grammarly-desktop-integration" data-content="{"mode":"full","isActive":true,"isUserDisabled":false}"></div></template></grammarly-desktop-integration></html>