Tax Book 2023

(Ben LeoJzBdje) #1

Exemptions other than Covered in Respective Chapters Chapter- 20


60 Partly designed/assembled cypher devices^

60A Provision of 148 does not apply for CPEC project

60B Provision of 148 does not apply for Ministry of Foreign Affairs

60C Provision of 148 does not apply for Rail Based Mass Transit Projects for CPEC

60DA Non application of provision of section 148

61 Cash withdrawal, by earthquake victims

62 Transfer of Assets on amalgamation of companies

63 Exemption to Dawat-ul-Hidiya

65 Profit of clean Development Mechanism Projects

66 Tax on electricity for exporters-cum-manufacturers

67 International Finance Corporation

67A Any stock exchange of Pakistan

68 Pakistan Domestic Sukuk Co. Ltd.

69 Asian Development Bank

70 Contractors of power projects

71 National Highway Authority

72 The ECO Trade and Development Bank

72A Hajj Group Operators

72AA Hajj Group Operators payments to non residents

72B Exemption from tax U/S 148 for industrial Undertakings

73 Foreign experts

74 Civil Aviation (CCA)

75 Civil Aviation (CCA)

77 Solar PV panels / modules

77 Renewable sources of Energy

78 Special Economic Zone at Thar

79A Non application of provision of section 153(1)(b)

81 Section 165 not apply to manufacturer, distributor, dealer and wholesaler

82 Section 116 not apply to individual or a member or AOP

86 Application of provisions of section 111

91 Tillage and seed bed preparation equipment

92 Aircrafts

93 Halal meat production

95 & 96 The Second & Third Pakistan International Sukuk Company
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