d) The membership of an All Pakistan Association Shall be for a period of
one Year, renewable on furnishing proof of filing of a return of
income
or statement U/S 143 B under the income Tax Ordinance, 1979 for
the latest preceding assessment Year by the member, whether
individual, firm or company. However, the Companies/Concerns
established after 30.6.1994 shall be exempt form the aforementioned
requirement for the first renewal but such renewal would not grant
them the voting right.
The members of Association who are exempt from payment of income
tax or if their income falls below the taxable limit will be allowed to
Produce exemption certificate or copy of tax coupons etc, in lieu of
filing of return of income or statement u /s 143 B of
income Tax
Ordinance.
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