S.R.O. 541(I)/2003, Islamabad, June 13, 2003

PROCEDURE FOR THE APPROVAL OF A NON-PROFIT ORGANIZATION S. R. O. 541(I)/2003, Islamabad, June 13, 2003:- In exercise of the powers conferred by sub-section(1) of section 237 of the Income Tax Ordinance, 2001(XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 2002, the same having been previously published as required by sub-section(3) of the said section, namely: - In the Income Tax Rules, 2002, for Chapter XVII, the following shall be substituted, namely: - CHAPTER XVII NON-PROFIT ORGANISATIONS 211. Procedure for the approval of a non-profit organization. -(1) An institution, fund, trust, society or any other non-profit organization(hereinafter referred to in this Chapter as organisation) established in Pakistan for religious, educational, charitable, welfare or development purposes or for the promotion of an amateur sport requiring approval of the Commissioner under clause(36) of section 2 of the Ordinance, shall make an application to the Commissioner in the following form, namely: - APPLICATION FOR APPROVAL FOR THE PURPOSES OF CLAUSE(36) OF SECTION 2 OF THE INCOME TAX ORDINANCE, 2001 To, The Commissioner of Income Tax, __________Zone, _________(City). 1. With reference to clause(36) of section 2 of the Income Tax Ordinance, 2001(XLIX of 2001), I the undersigned, hereby apply, on behalf of __________(name of the organization) for its approval for the purposes of the said clause for the tax year ending on ________. 2. Necessary particulars are set out below, and in the schedule to this application. 3. The following documents required under sub-rule(2) of rule 211 of the Income Tax Rules, 2002, are enclosed. (i) ______________________ (ii) ______________________ (iii) ______________________ (iv) ______________________ (v) ______________________ Signature______________ Name(in block letters) __________ Designation ___________ Application must be signed either by the President or the Secretary of the organization or by a Trustee, of the trust. SCHEDULE PARTICULARS 1. Name of the organization(in block letters) ___________________________ 2. Full address of the…