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C.1.T., CENTRAL ZONE, LAHORE versus NATIONAL SECURITY INSURANCE CO. LTD., LAHORE


Income Tax Act 1922 Sections 2 (7), 10 (2), (7) and the first schedule, the fourth schedule of the R6 Income Tax Ordinance (1979), R5 (a) [as in the Finance Ordinance (XV of 1980). The deduction insurance business provides for a reserve or a reserve as disclosed by this diagnostic adjustability, until the fourth schedule includes the Income Tax Ordinance, 1979, the Income Tax Ordinance 1979, the Finance Ordinance, 1980. Until the introduction and implementation of the source modification, the Assessing Officer was not eligible to interfere with any insurance or reserve, as revealed by an insurance policy-based business practice.

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