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E.F.U. GENERAL INSURANCE CO. LIMITED versus FEDERATION OF PAKISTAN

Section 26 (a), 65, 66A and First Schedule Insurance Company, General Insurance Business Dividend Income Taxability's Full Profit and Profit for the Assessor, General Insurance Companies, Including Dividend Income, First Taxes at the Normalized Rates Are able to receive. Schedule of Income Tax Ordinance; Under the first Schedule of the Ordinance, only the insurance companies can be justified by the benefit of tax benefit from 1979, the law can be amended. What was already made can increase the benefit of lower taxes on profit. Such assessments cannot be reopened under Section 66A of the Ordinance under section 65 (1) of the Income Tax Ordinance, 1979, and new assessments made by the Income Tax Officers or the appellate authorities benefit the tax. To get rid of them. The ordinance is also bound to be separate from the first schedule in relation to the revenue stream. famous lower court advocate from Thana Bula Khan lawyer