Name: Address: DIRECTOR FINANCE OFFICE KARACHI UNIVERSITY UNIVERSITY ROAD UNIVERSITY of KARACHI Registration Medium : 01-Jul-202

Home , Habib Bank Plaza, Saddar, Saddar Town, University of Karachi

159(1) / 151 (Order to grant / refuse reduced rate of withholding on Profit on Debt)

Name: UNIVERSITY OF KARACHI Registration 9030403 Address: DIRECTOR FINANCE OFFICE KARACHI UNIVERSITY Tax Year : 2021 UNIVERSITY ROAD Period : 01-Jul-2020 - 30-Jun-2021 Medium : Online Contact No: 00923212624882 Due Date : 10-Aug-2020 Valid Upto : 30-Jun-2021 Document 10-Aug-2020

EXEMPTION CERTIFICATE UNDER SECTION 159(1)(A) OF INCOME TAX ORDINANCE, 2001

In exercise of the powers conferred in me under section 159(1)(A) of the Income Tax Ordinance, 2001, it is hereby ordered that no tax u/s 151 of the Income Tax Ordinance,2001, be deducted in respect of payments made to M/S UNIVERSITY OF KARACHI Karachi holding FTN: 9030403 as its income is exempt from tax under section 49 of the Income Tax Ordinance,2001

This Certificate is valid up to 30-06-2021 unless revoked / cancelled earlier.

Withholding Tax Description Code Rate Profit on Debt u/s 151 from NSC / PO Deposits 64040001 0.00 0.00 0.00 Profit on Debt u/s 151 from Bank Accounts / Deposits 64040002 0.00 0.00 0.00 Profit on Debt u/s 151 from Government Securities 64040003 0.00 0.00 0.00 Profit on Debt u/s 151 from Others 64040004 0.00 0.00 0.00

Attributes Attribute Value Decision Granted / Accepted

Attachments Exemption of profit on debt.pdf

Atif Ali Commissioner Inland Revenue, Zone Regional Tax Office-III, ST/16-17, Gulistan e Johar, block-15 Karachi.

Page 1 of 2 Printed on Wed, 12 Aug 2020 11:42: Regional Tax Office-III, ST/16-17, Gulistan e Johar, block-15 Karachi.

159(1) / 151 (Order to grant / refuse reduced rate of withholding on Profit on Debt)

CC 1, Talpur Raod, I.I Chandrigar Road, 1 0700271 NATIONAL BANK OF PAKISTAN Karachi South Head Office, I. I. chundrigar road, 11th 2 0801164 UNITED BANK LIMITED Floor UBL Towers, Karachi Central HABIB BANK PLAZA I I CHUNDRIGAR 3 0698187 HABIB BANK LIMITED ROAD KARACHI MUSLIM COMMERCIAL BANK LIMITED Financial Control Group MCB 15 Main Gulberg, Jail Road, MCB 15 Main 4 0700267 Gulberg, Jail Road, Financial Control Group MCB House 15 Main Gulberg, Jail Road, Lahore Gulberg Town 3rd Floor, Federation House, Block 5 5 3654008 SINDH BANK LIMITED Clifton, Karachi South Saddar Town

Page 2 of 2 Printed on Wed, 12 Aug 2020 11:42: Regional Tax Office-III, ST/16-17, Gulistan e Johar, block-15 Karachi.