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KOHINOOR RAIWIND MILLS LIMITED versus CENTRAL BOARD OF REVENUE


Income Tax Ordinance 1979 Section 80D and Second Schedule, cls (118 C), (118D) and (118E) Protection of Economic Reform Act (XII of 1992) C13: R Circular C No 150 (this is JD / 99, History) 25 Constitution of Pakistan 2 (2000) of 2000 2, Article 199 Constitutional application The minimum tax exemption on income is Central Board of Revenue Circular No. 150 (in effect JD / 99, 25 to 2000, that the assets have incurred losses. Income Tax Ordinance was not exempt from tax under Section 80D of 1979, in which the losses were declared circular in the translation of CL (118), read with Section 80D of Income Tax Ordinance 1979. There was another schedule that raised concerns None of the concerns that were harmed during the course were none - turn turn legally entitled to exemption from business payments, held, issuing such a circular, the decision-making judge had the power to make that decision. Whether the claim claimed by this review is valid or not.

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