Punjab Revenue Authority vide its Notification No. PRA/Orders.06/2012 dated 03.01.2014 has inserted Rule (4A) in the Punjab Sales Tax on Services (Definitions) Rules, 2012 which states that if any service(s) is mentioned in the definition of any taxable service and has also been defined separately in the said Rules, such service shall be liable to…
NOTIFICATION (Income Tax) The following amendments/additions have been made by FBR through SRO.17 (I)/2014 dated 07-01-2014: In Part IV of the Second Schedule to the Income Tax Ordinance, 2001, two new clauses (89) and (90) have been added. Clause (89) By virtue of insertion of clause (89) the following category of persons shall not be…
NOTIFICATION (Income Tax) The following amendments/additions have been made by FBR through SRO. 1065(I)/2013 dated 20-12-2013:- In Part IV of the Second Schedule to the Income Tax Ordinance, 2001, four new clauses (85), (86), (87) and (88) have been added. Clause 85: By virtue of insertion of clause (84) through SRO. 1040, the tax payers…
