GOVERNMENT OF PAKISTAN
(REVENUE DIVISION)
CENTRAL BOARD OF REVENUE
*****
Islamabad, the 3rd January, 2006.
N o t i f i c a t i o n
(Income Tax)
S.R.O. (I)/2006- In exercise of the powers conferred by section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the following draft amendments are proposed to be made in the Income Tax Rules, 2002, and are published for the information of all persons likely to be affected thereby and notice is given that the draft amendments will be taken into consideration after fifteen days of its publication in the official Gazette.
2. Any objection or suggestion which may be received from any person in respect of the said draft amendments before the expiry of the aforesaid period shall be considered by the Central Board of Revenue.
DRAFT AMENDMENT
In the aforesaid rules,-
(1) in rule 2,-
(i) after clause (a), the following new clauses shall be inserted, namely:-
“ (aa) “Computerized Payment Receipt” means a computer generated receipt issued by the State Bank of Pakistan or the National Bank of Pakistan acknowledging payment of tax;
(ab) “digital certificate” or “digital signatures” means a digital certificate or digital signatures issued by an agency approved by the Central Board of Revenue to issue such certificate or signatures;
(ac) “e-intermediary” means a person registered as,-
(a) Chartered Accountant with the Institute of Chartered Accountants of Pakistan;
(b) Cost and Management Accountant with the Institute of Cost and Management Accountants of Pakistan;
( c) a legal practitioner entitled to practice in any Civil Court in Pakistan;”;
(ii) in clause(d), the word “and”, at the end, shall be omitted; and
(iii) in clause (e), for the full stop, at the end, the semicolon and word “; and” shall be substituted and thereafter the following new clause shall be added, namely:-
“(f) “transmission” means to transmit data through a computer network.”;
(2) in rule 73,-
(i) in sub-rule (2), for clause ( c) the following shall be substituted, namely:-
“ ( c) on computer or by electronic transmission using the specified software in accordance with the specified format or any other requirements including safety valve, security and verification considerations as may be specified by the Central Board of Revenue from time to time. ”;and
(ii) in sub-rule(3); for the words “electronic” and “representative” the words “digital” and “-e-intermediary” shall, respectively, be substituted; .
(iii) for sub-rule(5) the following shall be substituted, namely:-
“(5) An Electronic Income Tax Return filed under these rules shall be deemed to be a return for the purposes of sub-section (2A) of section 114 of the Ordinance; “ and
(iv) after sub-rule (5) substituted as aforesaid, the following new sub- rules shall be added, namely:-
“(6) The e-intermediary shall get the authority letter,
in the manner specified below, from the taxpayer and produce it before the concerned income tax authority whenever demanded.
AUTHORITY LETTER
I/We ______s/o______resident of/having registered office at ______, holder of CNIC No/company registration number ______solemnly declare that a signed copy of the return/certificate/statement/document/annexure/etc have been provided to my/our e-intermediary Mr/Ms.______
(Name & Address)
who is a Chartered Accountants/ACMA/Advocate. I/we further authorize the said e-intermediary to transmit my/our return/certificate/statement/document/ annexure/etc to the designated officer of Central Board of Revenue.
(Signatures) Name: ______
Address: ______
(7) The return/certificate/statement/document/annexure/etc and all supporting documents of the taxpayers shall be retained by the e- intermediary who shall provide them to the taxation officer concerned whenever demanded.” ; and
(3) in rule 74, in sub-rule (3),-
(i) in clause (a), the word “ and”, at the end, shall be omitted; and
(ii) in clause (b), for the full stop, at the end, the semicolon and word “; and” shall be substituted and thereafter the following new clause shall be added, namely:-
“(c) from the Board a digitally signed e-mail acknowledging the receipt of Electronic Income Tax Return.”.
______
[3(20)ITR/05]
(Salman Nabi)
Member (DiretTaxes)/
Additional Secretary
Let-06