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I.T.AS. NOS.2863/KB OF 1986-87, 1301/KB, 1302/KB OF 1997-98 versus I.T.AS. NOS.2863/KB OF 1986-87, 1301/KB, 1302/KB OF 1997-98


Sections 30, 31 (1) (b) and Schedule II, Part I, CL (119) Revenue from other sources of income excluding interest income scraps in industrial business Sales of borrowed capital scraps are compared to construction costs. Likewise, interest earned was also withheld against interest paid / deposited on the loan. Both funds were considered as income from other sources, and the First Appellate Authority, which estimates construction and borrowing capital expenditures, confirmed that the waiver was not available. Because there is still no commercial production left to start, interest-related income was held as income from other sources that neither the income from the industrial action nor the industrialization initiative. Was upheld by the appellate tribunal and the appeal was dismissed. [1988 PTD (TRIB) 369 Taken over]

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