S.R.O. 1116(I)/95, Islamabad, dated 23rd November, 1995

SROS: S.R.O. 1116(I)/95, Islamabad, dated 23rd November, 1995 S.R.O. 1116(I)/95, Islamabad, dated 23rd November, 1995:- In exercise of the powers conferred by sub-section(1) of section 165 of the Income Tax Ordinance, 1979(XXI of 1979), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Rules, 1982, the same having been previously published as required by sub-section(4) of the said section, namely:- In the aforesaid rules,--(1) in rule 53,-- (i) for the word forthwith the words and figure on or before 15th day of every month shall be substituted; and (ii) after the words in the following form the words and verified in the manner indicated therein shall be inserted; (2) Rule 57 shall be renumbered as sub-rule(1) thereof and (i) in sub-rule(1) renumbered as aforesaid, after the words in the following form the words and comma and verified in the manner indicated therein, namely shall be inserted; and (ii) after sub-rule(1) amended as aforesaid, the following new sub-rule shall be added, namely:- (2) The statement referred to in sub-rule(1) shall be furnished for every three months period ending on the 30th September, 31st December, 31st March and 30th June, by the 15th day of the month next following the aforesaid three months period.; (3) for rule 57A the following shall be substituted, namely:- 57A. Quarterly statement under section 141 regarding interest on bank accounts or deposits.-(1) A statement under section 141 in respect of persons from whom tax has been deducted under sub-section(2A) of section 50 shall be furnished to the Income Tax Authority specified by the Board under rule 51 in the following form and verified in the manner indicated therein, namely: - Quarterly statement of deduction of tax under section- 50(2A) of theIncome Tax Ordinance, 1979, during the quarter ending on 19 S.No. AMOUNT OF PKRIOD TOTAL AMOUNT DATF. OF DATK ON NAMKOF KKMARKS I) K POSIT TO AMOUNT OF TAX CRF.IHT/ WHICH TAX HANK ASONTHK WHICH OF DKDU(TKI) PAYMK.NT WAS liKANUII DATK OF TIIK INTF.HF.HT/ OF DKPOSITKD TKF.ASUKY DKMTTION INTKHF.ST PROFIT INTKKKSTS OFH( h RKIATKS PAID WIIKHKTAX WAS DKPOSITKD 1 2 ?I B 7 8…