Income Tax Rules, 2002

CHAPTER-XIV

REGISTRATION OF INCOME TAX PRACTITIONERS

From: 2023-11-01 - To: 0000-00-00 86. Prescribed qualification for registration as an income tax practitioner.- (1) For the purposes of the definition of “income tax practitioner” in sub-section (11) of section 223, a person applying for registration as an income tax practitioner shall:- (a) possess one of the following qualifications, namely:- (i) a degree in Law at least in the second division, a degree in Commerce (with Income Tax Law and Accounting or Higher Auditing as subjects or parts of subjects, whether compulsory or optional) or a degree in Business Administration or Business Management (with Accounting and Income Tax Law as subjects or parts of subjects, whether compulsory or optional) conferred by a prescribed institution; or (ii) a pass in a prescribed accounting examination. (b) have worked for a continuous period of one year as an apprentice under the supervision of a chartered accountant, cost and management accountant, legal practitioners entitled to practice in a civil court in Pakistan 3[or] a registered income tax practitioner 4[and having been registered as a chartered accountant, cost and management accountant, legal practitioner and income tax practitioner] for a period of not less than ten years. (2) For the purposes of sub-clause (i) of clause (a) of sub-rule (1), a degree conferred by a prescribed institution that is a foreign university or institution shall only qualify if the degree is equivalent to a degree conferred by a Pakistani university and is recognized as such by a Pakistani university. (3) In this rule,- (a) “Institute of Chartered Accountants of Pakistan” means the Institute of Chartered Accountants of Pakistan constituted under the Chartered Accountants Ordinance, 1961; (b) “foreign institution” means any institution in a foreign country authorised to grant a degree under the laws of the country; (c) “foreign university” means any…