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fbr 400ISLAMABAD: The Federal Board of Revenue (FBR) has issued an exemption certificate to Cyber Internet Services Karachi for tax deduction.

A statement issued by FBR here on Thursday said, "It is hereby directed that no deduction of tax shall be made under Sub-section (1) of section 153 of the income tax ordinance 2001 in the case of Cyber Internet Services Karachi from payments representing services rendered by it".

It is however, directed that tax already deducted shall not be refunded to the tax-payers but shall be deposited into the government treasury, the statement added.

The exemption certificate for said the company is valid upto December 31.

Copyright APP (Associated Press of Pakistan), 2012

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