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+--- Thread: SRO 586/91 Incometax (/thread-sro-586-91-incometax)
SRO 586/91 Incometax - Information Consultant - 11-25-2011
Can anyone here tell me the current status of SRO 586/91.IS it still valid or any other SRO replace it ?
- student_of_law - 11-25-2011
Yes it is in force. Reason therefor is that an amendment was made to SRO 586/1991 on 31.12.2010.
http//www.fbr.gov.pk/SROs/20111110140203122010sro1161.pdf
It means that it was valid till the end of year 2010, otherwise there was no point of amending it. However, SRO 586/91 should be read in conjunction with SROs amending it like SRO 626(I)/ 91, 826(I)/1991, 1100(I)/1991, 1248(I)/2008, 1122(I)/1991, 1161(I)/2010, .
Though SRO 586/91 was issued under repealed Ordinance, however, SROs issued under s.50 of the repealed Ordinance are saved by s.239(12) of the new Ordinance of 2001
RE: SRO 586/91 Incometax - bennyjs123 - 07-23-2014
Here is the latest update of income tax for 2014-2015: incometaxslabs.co.in