Income Tax Rules, 2002

From: 2023-11-01 - To: 0000-00-00 1[CHAPTER VIIA ONLINE INTEGRATION OF BUSINESSES 33A. Application.- The provisions of this Chapter shall apply to all persons mentioned in column (2) of schedule I, excluding those specified in column (4), whose principal place of business is - In case of a company, anywhere in Pakistan; and In all other cases, within the civil limits including cantonments of districts specified in schedule II. ________________________________________ 1-Chapter VIIA inserted by Notification No. SRO 779(I)/2020, dated August 26, 2020. 33B. Obligations and requirements.- (1) The Person as specified in rule 33A, hereinafter referred to as “integrated enterprise” in this Chapter, shall install such fiscal electronic device and software, as approved by the Board, available on its website with complete technical instructions for installation, configuration and integration. (2) The person shall notify to the Board, through the Computerized System, of all the establishments, hereinafter referred to as notified establishments, from which they intend to carry on business and shall register each point of sale (POS) to activate the integration duly providing the following information, namely - POS Registration Number (to be provided by the System); Name of business; Branch name; Branch address; POS identification number; and Registration date. (3) No sale or service from the notified establishment shall be rendered without being recorded by the duly accredited electronic fiscal device (EFD), which means a system composed of one Sale Data Controller (SDC) and at least one Point of Sale (POS) connected together, that has the following characteristics and requirements, namely:- it can perform following tasks, i.e. - (i) receive, record, analyze and store fiscal data; (ii) format fiscal data into fiscal invoices or bills; (iii) transmit the fiscal data to the Board's Computerized System through secure means; and (iv) print invoice or bill.; Sales data controller (SDC) is the component of an EFD that— (i) receives transaction data from a POS component of the EFD; (ii) analyses the transaction data into fiscal data; (iii) formats the fiscal data as a fiscal…