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I.C.C. TEXTILE LTD. versus FEDERATION OF PAKISTAN

Finance Act 1991 Section 12 Wealth Tax Act (XV of 1963), Proposed Pakistan Constitution (1973), Arts 185 (3) 77; 141, 142 and Fourth Schedule, Part I, Federal List Entry No. 50 Corporate Asset Tax, Appeal The Supreme Court considered whether to impose a leave of appeal, whether a levy known as a corporate asset tax has been imposed under section 12 of the Finance Act 1991, through the Federal Legislature, the total value of the assets involved. Based on entry 50 of the Federal List, the fourth schedule read with Articles 77, 141 and 142 of the Constitution may be charged. Whether in relation to the value of the assets held by a company at a particular date under Section 12 of the Taxed Taxes of Corporate Assets Act 1991, the legislature of the Federal Legislature has come into force. Can a corporate asset be related to Article 70 and Entry Number: 50 of the Tax Constitution? The federal legislature was included in the fourth schedule of the 1973 constitution. Even though the total value of the assets was separate and distinct from the liabilities of the company, as shown on the balance sheet. Even though it was nerve-racking as well. Whether taxing and levying additional taxes or penalties may be demanded by the officer of the Wealth Taxes under the Wealth Tax Act, 1963, in the absence of the rules made under section 12 of the Finance Act 1991 and the taxation of taxes. In the absence of the powers of the Central Board of Revenue under the Finance Act, 1991, under the KT Act, 1963, additional taxation and penalty may be exchanged by the officer of the Wealth Tax. Is. Or Wealth Tax one immigration advocates phone number from Phoolnagar (Bhai Pheru) lawyer