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I.T.A. NO.2633/LB OF 1992-93, DECIDED ON 5TH APRIL, 1997. versus I.T.A. NO.2633/LB OF 1992-93, DECIDED ON 5TH APRIL, 1997.

Income Tax Ordinance 1979 Sections 22 and 32 (3) under the head of the Finance Assessment Officer, under the Head of Finance, under Section 24 (ff) of the Ordinance, in Charity and Donations and P&L. Counteracted the various additions made. Wherever the account CIT (A) found the appropriate assessment, it felt sad, it was given further concession, it appeared for further appeal. In terms of financial charges, the department was unable to combine the costs of the business because the loan was a cause for concern. The assertion that the asset was from his source and not from the debt capital was a matter of review of the situation was set aside on the issue and it was observed that if advance loan bank loan If not related to, the asset was entitled to an allowance. The entire addition under section 24 (FF) was also set aside as the same issue was heard by another bench and the order was still awaited in last year's order. Choudhary will also apply to the current year and will be supported and according to the history of the matter, intervention should be justified. tax advocates from Daud Khel lawyer