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Private schools to pay income tax

KARACHI, Oct 4: Since the Education Department of Sindh has allowed establishing schools on an ownership basis, such institutions would pay income tax to the government.

"Previously, we had been demanding exemption from income tax and other taxes for the schools set up under the Society Act, but now when Ordinance 2001 allows running schools on an ownership basis, we are bound to pay income tax," said Syed Khalid Shah, chairman, All Private Schools Management Association, Sindh.

Khalid Shah led a delegation of his association in a meeting with officials of the Regional Office of the Income Tax department, Gulstan-e-Johar, on Wednesday.

Additional Commissioner Income Tax Shoaib Ahmed Sethi, Deputy Commissioners Income Tax Sharia Memon and Sallahuddin Gilani represented their department. The income tax officials briefed the delegation on a simplified procedure of filing income tax returns including e-filing. ppi

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Updated: 14 Oct, 2014
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