Complete Income Tax Law

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129th update dated September 20, 2017

This update covers:-

-SRO 819(I)/2017 & Circular No. 04 of 2017.

The changes are briefly listed as follows:-

Part I Income Tax Ordinance

1.         Minor corrections in the reference to amendment have been made.

2.         On pages 627 onwards, Circular No. 04 of 2017 dated September 06, 2017 has been reproduced. This is re: Finance Act 2017- Explanation of important amendments made in the Income Tax Ordinance, 2001.

Part II Income Tax Rules

3.         On pages 144.5 onwards, new Return Forms Part II-J & II-K have been added in the 2nd Schedule to the Income Tax Rules, 2002 by SRO 819(I)/2017 dated August 17, 2017. These are for Individual & AOP.