08-25-2010, 06:10 PM
As per clase 133 of part-I of second schedule from the Income Tax Ordinance, 2001, income arising from the export of software or IT Services or IT enabled services is exempt from the income tax.
question is that "what are the legal requirements under different laws for showing export of software or IT Services or IT enabled services?
As per my understanding there is no requirement in ITO, 2001 except for the receipt of export proceeds from a banking channel. if there is any requirement under any other law then kindly inform me.
Kindly help me in resolving my confusion.
question is that "what are the legal requirements under different laws for showing export of software or IT Services or IT enabled services?
As per my understanding there is no requirement in ITO, 2001 except for the receipt of export proceeds from a banking channel. if there is any requirement under any other law then kindly inform me.
Kindly help me in resolving my confusion.