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ELAHI COTTON LTD. versus FEDERATION OF PAKISTAN

Income Tax Ordinance 1979 Sections 80C, 80CC, 40 and 14 Minimum Tax Waiver 4 Reduction in the rate of taxable payable under the Benefits Sections 80C and 80, and, of the Income Tax Ordinance, 1979 of the Central Board of Revenue Will not be the source This, by itself, is sufficient to guarantee that it was not even done legally or was motivated by an intention to support someone, pursuant to section 14 of the Income Tax Ordinance 1979 Under section 14 (1), the Central Board of Revenue has the power to exempt the tax under the ordinance under the terms and to the extent specified in it or to the exclusions of any provision, including income from specific persons or Exemption in relation to a class or persons or class. Subject to the terms of this Ordinance and to the extent specified therein, the Federal Government has also been subjected to the granting of powers to amend the Second Schedule under Section 40 (2) of the Section 40, as such amendments are subject to the National Assembly. Should be placed in front list of supreme court advocates from Qasba Gujrat lawyer