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Government of Pakistan Revenue Division Central Board of RevenueNOTIFICATION Islamabad, 30TH July 2004(Income Tax)S.R.O. 651(I)/2004. In exercise of the powers conferred by subsection (1) of section
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What is In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax Form?

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In exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Central Board of Revenue is pleased to direct that the following further amendments shall be made in the Income Tax template instructions

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In exercise of form, the individual reports financial transactions in which they exercised stock options.
Anyone who has exercised stock options during the tax year is required to file in exercise of form.
The individual must report the details of the stock options exercised, including the date of exercise, number of shares, exercise price, and market value.
The purpose of in exercise of form is to report the financial transactions related to the exercise of stock options for tax purposes.
The individual must report details of the stock options exercised, including the date of exercise, number of shares, exercise price, and market value.
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