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<div class="Section1">

<p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">GOVERNMENT OF <st1:country-region w:st="on"><st1:place w:st="on">PAKISTAN</st1:place></st1:country-region><o:p></o:p></span></p>

<p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">(REVENUE DIVISION)<o:p></o:p></span></p>

<p class="MsoNormal" style="text-align: center;" align="center"><span style="font-size: 10pt; font-family: Arial;">CENTRAL BOARD OF REVENUE<o:p></o:p></span></p>

<p class="MsoBodyText" style="text-align: center;" align="center"><b style=""><span style="font-size: 10pt; line-height: 200%; font-family: Arial; text-transform: uppercase;">****<o:p></o:p></span></b></p>

<p class="MsoBodyText" style="margin-left: 180pt;"><span style="font-size: 10pt; line-height: 200%; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="margin-left: 180pt; text-align: right;" align="right"><span style="font-size: 10pt; line-height: 200%; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 </span><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><st1:city w:st="on"><st1:place w:st="on">Islamabad</st1:place></st1:city>,
the18<sup>th </sup>December, 2006<span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span><o:p></o:p></span></p>

<p class="MsoBodyText" style="text-align: center; line-height: normal;" align="center"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="text-align: center; line-height: normal;" align="center"><b style=""><span style="font-size: 10pt; font-family: Arial;">NOTIFICATION<o:p></o:p></span></b></p>

<p class="MsoBodyText" style="text-align: center; line-height: normal;" align="center"><b style=""><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;</span></span></b><span style="font-size: 10pt; font-family: Arial;">(<b style="">Income Tax</b>)<o:p></o:p></span></p>

<p class="MsoBodyText"><span style="font-size: 10pt; line-height: 200%; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="text-indent: 36pt; line-height: 150%;"><span class="GramE"><b style=""><span style="font-size: 10pt; line-height: 150%; font-family: Arial;">S.R.O. 1248(I)/2006.</span></b></span><span style="font-size: 10pt; line-height: 150%; font-family: Arial;"> The following draft
of certain further 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(XLIX of 2001), is hereby published for the information of all
persons likely to be affected thereby and notice is hereby given that the draft
amendment will be taken into consideration after fifteen days of its
publication in the official Gazette.<o:p></o:p></span></p>

<p class="MsoBodyText" style="line-height: 150%;"><span style="font-size: 10pt; line-height: 150%; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="line-height: 150%;"><span style="font-size: 10pt; line-height: 150%; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 </span>Any
objection or suggestion which may be received from any person in respect of the
said draft amendment before the expiry of the aforesaid period shall be
considered by the Central Board of Revenue. <o:p></o:p></span></p>

<p class="MsoBodyText" style="margin-left: 108pt; text-align: center; text-indent: -103.5pt; line-height: 150%;" align="center"><b style=""><span style="font-size: 10pt; line-height: 150%; font-family: Arial;"><o:p>&nbsp;</o:p></span></b></p>

<p class="MsoBodyText" style="margin-left: 108pt; text-align: center; text-indent: -103.5pt; line-height: normal;" align="center"><b style=""><span style="font-size: 10pt; font-family: Arial;">DRAFT AMENDMENT<o:p></o:p></span></b></p>

<p class="MsoBodyText" style="line-height: normal;"><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 </span><o:p></o:p></span></p>

<p class="MsoBodyText" style="line-height: normal;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="line-height: normal;"><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 </span>In
the aforesaid Rules,<o:p></o:p></span></p>

<p class="MsoBodyText" style="margin-left: 99pt; line-height: normal;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoBodyText" style="margin-left: 99pt; text-indent: -27pt; line-height: normal;"><span style="font-size: 10pt; font-family: Arial;">(a)<span style="">&nbsp;&nbsp;&nbsp; </span>in rule 217, in sub-rule (1), in clause (b),
in sub-clause(v), for the word �unrestricted� the word �restricted� shall be
substituted.<o:p></o:p></span></p>

<p class="MsoBodyText" style="margin-left: 36pt; line-height: normal;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<div style="border-width: medium medium 1.5pt; border-style: none none solid; border-color: -moz-use-text-color -moz-use-text-color windowtext; padding: 0pt 0pt 1pt; margin-left: 45pt; margin-right: 0pt;">

<p class="MsoBodyText" style="margin-left: 54pt; text-indent: -54pt; line-height: normal; border: medium none; padding: 0pt;"><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span>(b)<span style="">&nbsp;&nbsp; </span>in rule<span style="">&nbsp;
</span>220A, in sub rule (7), in clause (1), in sub clause (b) <span class="SpellE">para</span> (v), for the word �unrestricted� the word �restricted�
shall be substituted. <o:p></o:p></span></p>

</div>

<p class="MsoNormal" style=""><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><b style="">[<span class="GramE">C.No.4(</span>4)ITR/2006]
<span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><o:p></o:p></b></span></p>

<p class="MsoNormal" style="margin-left: 180pt;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoNormal" style="margin-left: 180pt;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoNormal" style="margin-left: 180pt;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoNormal" style="margin-left: 180pt;"><span style="font-size: 10pt; font-family: Arial;"><o:p>&nbsp;</o:p></span></p>

<p class="MsoNormal" style="margin-left: 180pt; text-align: right;" align="right"><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
 </span><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </span><span style="">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span><b style="">(<span class="SpellE">Salman</span> <span class="SpellE">Nabi</span>)<o:p></o:p></b></span></p>

<p class="MsoNormal" style="margin-left: 288pt; text-align: right;" align="right"><b style=""><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp; </span>Member (Direct Taxes)/<o:p></o:p></span></b></p>

<p class="MsoNormal" style="margin-left: 252pt; text-align: right; text-indent: 36pt;" align="right"><span style="font-size: 10pt; font-family: Arial;"><span style="">&nbsp;&nbsp;&nbsp;&nbsp; </span>Additional Secretary<o:p></o:p></span></p>

</div>

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