S.R.O. 887(I) /2007, Islamabad, 3 September 2007

SROS: S.R.O. 887(I) /2007, Islamabad, 3 September 2007 INCOME TAX RETURN FORMS IT-1 & IT-2 S.R.O. 887(l) /2007, Islamabad, 3 September 2007:- In exercise of the powers conferred by sub-section(1) of section 237 of the Income Tax Ordinance, 200KXLIX 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 previously published as required by sub-section(3) of the said section, namely:- In the aforesaid Rules, in the Second Schedule,- (a) in Part-I, in IT-1,- (i) for the title RETURN OF TOTAL INCOME UNDER THE INCOME TAX ORDINANCE, 2001(FOR COMPANY), the title RETURN OF TOTAL INCOME/STATEMENT OF FINAL TAXATION UNDER THE INCOME TAX ORDINANCE, 2001(FOR COMPANY) shall be substituted; (ii) for S.No.29 and the entry relating thereto, the following shall be substituted, namely:- 29 Gross Profit /(Loss) excluding PTR GP; (iii) for S. No.81 and the entry relating thereto, the following shall be substituted, namely:- 81 Other Sources Income/doss) and (iv) for S. No. 92 and the entry relating thereto,…