2 (36) (C) (Application For Approval As Non-Profit Organization)
2 (36) (C) (Application For Approval As Non-Profit Organization)
Dear Sir
We would like to inform you that approval No.100000051787438 dated June 25, 2021 (copy enclosed)
issued to our above client for non profit Organization under section , 2(36)(c), of the Income Tax
Ordinance, 2001 (the Ordinance) has been expired on June 30, 2021. In this connection, we would like to
inform you that the income of the Institute is exempt from tax under clause 58(A) of second schedule to
the income tax ordinance 2001 as it has been established solely for educational purpose and not for profit.
Hence they are entitled for exemption certificate u/s 2(36) of Income Tax Ordinance 2001.
You are therefore, requested to kindly issue renewal of exemption certificate u/s 2(36)(C) of Income Tax
Ordinance, 2001 valid for the period ending June 30, 2022.
Yours truly,
Attachments
Tax Collector Correspondence3577290.pdf
In exercise of the powers vested in me under sub-clause (c) of clause (36) of section 2 of the Income Tax
Ordinance, 2001 read with Rule 214 and Rule 220 of the Income Tax Rules, 2002, renewal is hereby granted
to the subject taxpayer as “Non Profit Organization”. Any Income generated from any business activity
carried on by the taxpayer is not exempt by virtue of this approval. The donors are entitled to tax credit in
their deemed assessment order u/s. 120(1)(a) in terms of section 61 of the Income Tax Ordinance, 2001.
This approval is valid upto 31-12-2021 unless cancelled or revoked earlier. This approval is accorded
subject to submission of performance evaluation report for the last three years from approved agency.
Asma Aftab
Commissioner
Inland Revenue, Zone-I
RTO (CORPORATE) KARACHI, TAX HOUSE SHARAH E KAMAL ATA TURK KARACHI