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I.T.A. NO.6883/LB OF 1991-92 versus I.T.A. NO.6883/LB OF 1991-92

Income Tax Ordinance 1979 Sections 22 and 134 dismissed an appeal against the refusal to support financing and honoring the income received from the business, the first appellate authority observed by the Assessing Officer. The financial charges were raised against the work that was being used against him. Capital is in progress as well as in progress The Assessing Officer developed a formula for allocating financial costs and was allocated for investment works in progress was added. Treatment was justified by operating conditions. Given and the formula was formulated and applied, discuss the reasons for the absence of a financial compensation claim in the unsecured order The formula formed in the pending order was not discussed Status was not disclosed or was not set on record for financial charges No doubt no legal status was disclosed in the so-called formula. The financial compensation was the responsibility of the appellant, payment which was not shown. Was not made when the amount claimed was not proven on record to be unverifiable or it was proved that the SCCC was not entitled to make a legal claim because its verification was never disputed. The claim was allowed, respecting the financial charges jobs for advocates from Lalamusa lawyer