HYDERABAD, Aug 30: The Anjuman Tajiran-i-Sindh has condemned the Income Tax Ordinance 2002 as inimical to the business interests regarding its provisions concerning the maintenance of sales, purchase and stock records and warned that if the ordinance was not withdrawn the trade would be adversely affected.

In a joint statement issued here on Thursday, the central leaders of the organisation, Zakir Bin Zahid, Turab Ali Khawaja, Rasool Bux Shaikh and Nadeem Siddiqui questioned the wisdom of the government for promulgating complicated and cumbersome ordinances when the people were already over-burdened with taxes and had lost their purchasing power due to the soaring prices of the consumer goods.

They held the record keeping of sale and purchase was useless because more than 70 per cent of the population was illiterate.

They warned that if the income tax ordinance was not revoked they would be forced to launch a joint protest movement.