S.R.O. 428(I)/2024, Islamabad, the 22nd March, 2024

Amendments in the Income Tax Rules, 2002 Government of Pakistan (Revenue Division) Federal Board of Revenue **** NOTIFICATION Islamabad, the 22nd March, 2024 S.R.O. 428(I)/2024. - In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), Federal 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 vide Notification No. S.R.O. 1845(I)/2023, dated 22nd day of December, 2023 as required by sub-section (3) of section 237 of the said Ordinance, namely:- In the aforesaid Rules, in chapter-VIIA,- (1) in the heading after the words “ONLINE INTEGRATION OF BUSINESSES”, the expression “PART-I PRELIMINARY” shall be inserted; (2) for rule 33A, the following shall be substituted, namely:- “33A. Application. - The provisions of this Chapter shall apply to all persons mentioned in column (2) of Schedule excluding those specified in column (4).”; (3) inrule33B,- (a) in sub-rule (1),- (i) after the word “install”, the words “and integrate” shall be inserted; and (ii) after the expression “software,”, the expression “through a licensed integrator” shall be inserted; (b) in sub-rule (2), - (i) after the words “Board”, the expression “on and after 1st July, 2024,”; shall be inserted; (ii) in clause (e), the word “and” occurring at the end shall be omitted; and (iii) in clause (f), for the full stop at the end, the expression and” shall be substituted and thereafter the following new clause (g) shall be added, namely: - “(g) licence number of licensed integrator.”; (c) in sub-rule (3), the words “duly accredited”, shall be omitted; for rule 33C, the following shall be substituted, namely: - “33C. Licence of points of sales (POS) systems. - A licensed integrator, who wants to supply an electronic fiscal device and software must apply to the Board for the licence.”; (5) in rule 33E,- (a) in the heading, for the word “intervening” the word “Initial transitioning” shall be substituted; (b) in sub-rule (1), for the word “intervening” the word “Initial transitioning” shall be substituted; (c) in sub-rule (3), the words…