November 12, 2003	Wednesday	Ramazan 16, 1424

ISLAMABAD, Nov 11: The Central Board of Revenue (CBR) has notified further amendments in the income tax rules for granting tax exemption to non-profit organizations.

The amendments were introduced in rules 211, 214, 219 and 220A of the income tax rules through an income tax notification SRO 1015 issued on Tuesday.

The notification reads as: In rule 211, in sub-rule (2), in clause (g) for the full stop, at the end, a colon shall be substituted and thereafter the following proviso shall be added namely: “Provided that till the approval of two such agencies, the applicant organization shall have an option to get its performance appraised by CBR: provided further that CBR or its officers, shall apply the same parameters on applicant organizations for the purpose of aforesaid evaluation as are approved by the CBR to be applied by the certification agency.”

In rule 214, in sub-rule (2) for the full stop, at the end, a colon shall be substituted and thereafter the following proviso shall be added namely: “Provided that notwithstanding anything contained herein, for the purpose of this rule, clause (g) of sub-rule (2) of rule 211 shall take effect from July 1, 2004.” In rule 219, for the words and figures “calendar year 2002 within the time specified before June 2003” the words and figures “and up to calendar year 2003 by the 30th day of June 2004” shall be substituted; in rule 220A-in sub-rule (1), in clause (b) in sub- clause (vi), the words “by an authority designated by the government of Pakistan for this purpose or till that authority is established, under arrangements made by the CBR” the words and colon “and appointed by the CBR” shall be substituted; and after sub-clause (vi), amended as aforesaid, the following new provisos shall be added namely: “Provided the CBR shall also receive applications for performance appraisal and certification of applicant organizations till at least two such agencies have appointed: Provided further that CBR or its offices shall apply the same parameters on applicant organizations for the purpose of aforesaid evaluation as are approved by the CBR to be applied by the certification agency and in sub-rule (10), for the words and figures “2002 by the 30th June, 2003” the words and figures “2003 by the 30th June, 2004”, shall be substituted.