Friday, 27 July 2012

Income Tax (Deductions for Freight Charges) (Revocation) Rules 2012 [P.U. (A) 218/2012]

1. Income Tax (Deductions for Freight Charges) (Revocation) Rules 2012 [P.U. (A) 218/2012]

The above rules, which shall have effect from the year of assessment (YA) 2016 effectively means that the Income Tax (Deductions for Freight Charges) Rules 1990 [P.U (A) 422/1990] are revoked with effect from YA 2016.

2. Income Tax (Deductions of Insurance Premiums for Exporters) (Revocation Rules 2012 [P.U. (A) 219/2012]

The above rules, which shall have effect from the year of assessment (YA) 2016 effectively means that the Income Tax (Deductions of Insurance Premiums for Exporters) Rules 1995 [P.U. (A) 79/1995] are revoked with effect from YA 2016.

3. Income Tax (Deductions of Insurance Premiums for Importers) (Revocation) Rules 2012 [P.U. (A) 220/2012]

The above rules, which shall have effect from the year of assessment (YA) 2016 effectively means that the Income Tax (Deductions of Insurance Premiums for Importers) Rules 1982 [P.U. (A) 72/1982] are revoked with effect from YA 2016.

1 comment:

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