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Section 233 not to apply on Ehsaas Emergency Program

S.R.O.  315(1)/2020.-  In  exercise  of  the  powers  conferred  by  sub-section (2)  of section  53  of  the  Income  Tax  Ordinance,  2001  (XLIX  of  2001),  the  Federal  Government is  pleased  to  direct  that  the  following  further  amendments  shall  be  made  in  the  Second Schedule  to  the  said  Ordinance,  namely:-

In  the  aforesaid  Schedule,  in  Part  IV,  after  clause  (102),  the  following  new  clause shall  be  inserted,  namely:-

“(102A)  The  provisions  of  section  233  shall  not  apply  to  commission  received  by a  retail  branchless  banking  agent  on  any  amount  disbursed  by  the  Ehsaas  Emergency Cash  Transfer  Programme  for  the  period  commencing  on  the  date  of  issuance  of  this Notification  and  ending  on  the  30th  day  of  June,  2020.”

Waheed Ensari
Waheed Ensari
Waheed focuses on modern techniques in order to management of businesses through finances, learning & development, IT.Its his appetite which draws his attention & energy in helping people (business owners/entrepreneurs) – to get the crystal aspects of the business.

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