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REFERENCE APPLICATION NO.6/LB OF 2000 versus REFERENCE APPLICATION NO.6/LB OF 2000


Income Tax Ordinance 1979 Section 12 (18A) and 136 Additional Reference Assessment Year 1994 95 By the husband of the lady partner The firm treated the loan amount as loan from the partner partner loan which was left outside Pakistan as husband. The First Appellate Authority, in the amount received by the Loan, deleted the Lady Partner for non-payment within five years on the ground that the provisions of Section 12 (18A) of the Income Tax Ordinance 1979 are not applicable as foreign shipments Three years ago, the appellate tribunal upheld the appellate order stating that the firm and the individual partner were separated. Purslane because I did not question the company had just received from a colleague whose husband forwarded to the question, whether the Tribunal. Loans from a partner's husband can be justified in holding the loan because the loan from the partner of the firm was P Loan External remittances quoted by the department as a question of law, which was 13 6 1981 to 14 1988. Was received during that time and the provision of section 12 (18A) was not available at that time and at the time of re-review, the provisions of section 12 (18A) were abolished, the order of the Appellate Tribunal under the Finance Act, 1996 The Income Tax Ordinance did not affect the provisions of section 12 (18A) of 1979, therefore, the question was a question of fact and not of the law arising from the order of the tribunal reference. Ltd, which was rejected in the Appellate Tribunal

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