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I.T.AS. NOS. 5533 \'LB TO 5535/LB OF 1991-92, DECIDED ON 21S: MAY, 1997. versus I.T.AS. NOS. 5533 \'LB TO 5535/LB OF 1991-92, DECIDED ON 21S: MAY, 1997.


Second Schedule to Income Tax Ordinance 1979, CL (78) The actual income received from the exemption assessment should be taxed and due to the foreign exchange rate profit or the nature of the foreign currency account capital transaction. It cannot be subject to tax. Second Schedule, CL () 78) Excess interest on the foreign currency account is not a foreign citizen and he chose to resign as a resident, submitting his interest on the foreign currency account. Revenue was no exception.

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