I.T.AS. NOS. 1744/LB AND 1746/LB OF 1998, DECIDED ON 11TH AUGUST, 1999. versus I.T.AS. NOS. 1744/LB AND 1746/LB OF 1998, DECIDED ON 11TH AUGUST, 1999.
Income Tax Ordinance 1979 Section 30 Income earned from sale of capital gains property in the nature of trade through other sources, was assessed under section 30, Income Tax Ordinance, 1979, being a lonely transaction. ? Under section 30, Income Tax Ordinance, 1979, profits on the sale of illicit property not exceeding the income of the property are considered to be commercial plans, the appellate tribunal upheld the behavior previously presented by the appellate authority.
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