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I.T.A. NO.244/KB OF 1996-97, DECIDED ON 8TH JULY, 1997. versus I.T.A. NO.244/KB OF 1996-97, DECIDED ON 8TH JULY, 1997.


Income Tax Ordinance 1979 Section 12 (19) of CBR Circular No. 20, 1988 dated 18 10 1988 Earnings Income Income paid or payable to a leasing company in connection with the leasing of an asset. Will be considered. Principle 12 (19) of the leasing company, the closing fee for the income received in connection with the leasing asset, the documentation for compensation and the affiliation fee should be considered as part of the lease income. That is not obtained by any other means.

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