W.T.A. NO.622/1_13 OF 1995 versus W.T.A. NO.622/1_13 OF 1995
Income Tax Ordinance 1979 Section 2 (12) and Second Schedule, Part 1, CL (116) Share Capital Capital Stock, is a capital asset, automatically deducting any income resulting from the purchase and sale of shares. Will be. Income Tax Ordinance, 1979, shall be entitled to exemption from tax, if fulfilled on the other terms set out under Schedule 1, Part (116).
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