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I.T AS. NOS. 17(PB). 18(PB), 140(PB) AND 141(PB) OF 1998-99 versus I.T AS. NOS. 17(PB). 18(PB), 140(PB) AND 141(PB) OF 1998-99

The first schedule of Income Tax Ordinance 1979, Part I, Pars D&E, Part IV, Para B (2) and Part V, Para A Banking Company, determines the status of a public company by treating the banking company as a government company. Not kept on the ground. In the first schedule of the Income Tax Ordinance 1979, the banking company was assigned a separate and independent status from other companies, and the legislature imposed higher tax burden on the banking business, in contrast to other business concerns. The banking company was not a public company. The Income Tax Ordinance was strengthened by the Company's Part VKA paragraph of 1979, which reduces the rate of payment of various Income Tax, Income Tax Ordinance, Part V of the First Schedule of 1979 Types of Company Para. Provided that a banking company, a private company as well as a public company legislative assembly, intends that the business income of a banking company should be evaluated at a higher rate than the business income of such other companies, but the concessions for public companies The rates were kept. At the same time, banking companies, which would otherwise be public companies, were excluded from this privilege, for the purpose of collecting income tax on business income in addition to profitability, in connection with the evaluation of banking companies. The air tax rate was fixed, although the banking company, at the same time, was also a public company, although it did not qualify for privileges in connection with the revenue from similar business operations. As were other state-owned companies immigration advocates from Sahiwal lawyer