I.T.A. NO.332/KB OF 1998-99, DECIDED ON 21ST NOVEMBER, 1998. versus I.T.A. NO.332/KB OF 1998-99, DECIDED ON 21ST NOVEMBER, 1998.
Income Tax Ordinance 1979 Section 80CC (1) CBR Circular No. 12 of 1991, Dated 30 6 1991 1991 CBR Circular A 1993, Date Exported 18 Local 1993 Export Sale Export Sales Local Sales Expenses, Diagnostics Has proven all profit and loss account costs. Proportion of sales covered under common law and sale, export tax under special tax section officer, maritime freight \ and \ shipping and other \ under section 80CC, Income Tax Ordinance, 1979 Disallows spending related to According to the procedure provided in CBR Circular No. 12 of 1991, to prove all profit and loss expenditures, the sale covered under the customary tax regime and the proportion of core sales under the normal law CB 6 of 1991 The valid reliance on the R circular number was incorrectly substituted 12 of 1991 for clarification of the provisions contained in section 80C of the Income Tax Ordinance 1979, which was inserted into the ordinance by art, the Ennis Act, 1991 while section 80C The C was filed by the Finance Act 1992 and the CBR Circular No. 14 of 1993, the date of which was issued in 1893, was the general assessment in this regard. And the tax system that was supposed to be fundamentally different and their ideas, implications, and procedures were poles apart. And consequently expenditures specifically related to exports could not be allowed against the income received under the common law under the assumption that the income under the discriminatory tax regime and the income under the common law were estimated. Is considered as a separate block and is associated with any expenditure / income attributable to one source.
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