Punjab Revenue Authority Act, 2012

From: 2012-06-27 - To: 0000-00-00 An Act to provide for the establishment of Punjab Revenue Authority. Preamble.– Whereas it is expedient to reform and modernize the system of taxation, to provide assistance to tax payers, to promote compliance with fiscal laws, to establish a progressive and professionally efficient tax management organization, and to provide for ancillary matters; It is enacted as follows:- CHAPTER I PRELIMINARY 1. Short title, extent and commencement.– (1) This Act may be cited as the Punjab Revenue Authority Act 2012. (2) It extends to whole of the Punjab. (3) It shall come into force on such date as the Government may, by notification, specify. 2. Definitions.– In this Act– (a) “Advisory Council” means the Advisory Council of the Authority; (b) “Appellate Tribunal” means the Appellate Tribunal established under the Act; (c) “Authority” means the Punjab Revenue Authority; (d) “Chairperson” means the Chairperson of the Authority; (e) “committee” means a committee of the Authority; (f) “employee” means a person in the employment and service of the Authority; (g) “Federal Board of Revenue” means the Federal Board of Revenue established under the Federal Board of Revenue Act 2007 (IV of 2007); (h) “fiscal law” means the law of the Punjab relating to tax, duty or charge including stamp duty, excise duty on alcoholic liquors, opium and other narcotics, land revenue, sales tax on services, taxes on agricultural income, motor vehicles, immovable property and entertainments, capital gains tax on immovable property, capital value tax, asset tax, tax on professions, trades, callings or employment or such other law imposing any tax, levy, duty, fee, charge or surcharge as the Government may specify; (i) “Government” means Government of the Punjab; [2][(j) “member” means a member of the Authority and includes an ex-officio member;] (k) “person” includes– (i) an individual; (ii) a company or association of persons; (iii) the Federal Government; (iv) a Provincial Government; (v) a local authority or local government; and (vi) a foreign government, a political subdivision of a foreign government, or an international organization; (l) “prescribed” means…