Lahore 28°C
Islamabad 24°C
Tax credit for integration
(1) Any person required, under this Ordinance, the Sales Tax Act, 1990 or the Federal Excise Act, 2005, to integrate with the computerized system of the Board for real-time production monitoring, or for the recording or reporting of sales or receipts, shall be entitled to a tax credit in respect of expenditure incurred exclusively on the purchase, acquisition, installation or implementation of such equipment, hardware, software or other electronic components as are directly and exclusively utilized for the purposes of such integration:
Provided that the Board may prescribe limitations, conditions and restrictions for availing the tax credit under this section.
(2) The amount of tax credit allowed under sub-section (1) for a tax year in which electronic resource is installed, integrated and configured with the Board‘s computerized system shall be ten percent of the amount actually invested in the electronic resource.
(3) Such tax credit shall not be allowable against operation and maintenance expenses related to such electronic resource.
(4) This tax credit shall be available only against normal tax payable under Division I or Division II of Part I of the First Schedule.
Provided that the Board may prescribe limitations, conditions and restrictions for availing the tax credit under this section.
(2) The amount of tax credit allowed under sub-section (1) for a tax year in which electronic resource is installed, integrated and configured with the Board‘s computerized system shall be ten percent of the amount actually invested in the electronic resource.
(3) Such tax credit shall not be allowable against operation and maintenance expenses related to such electronic resource.
(4) This tax credit shall be available only against normal tax payable under Division I or Division II of Part I of the First Schedule.
Amendment history (3)
- Section 64D inserted by the Finance Act, 2021.
- Section 64D substituted by the Finance Act, 2026. The substituted section
- Inserted by the Finance Act, 2002
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 128
Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.