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BEFORE MUHAMMAD MUNIR QURESHI, ACCOUNTANT MEMBER AND SYED NADOEM SAQLAIN, JUDICIAL versus BEFORE MUHAMMAD MUNIR QURESHI, ACCOUNTANT MEMBER AND SYED NADOEM SAQLAIN, JUDICIAL


Article 13 (1) (a) The Economic Reform Act (XII of 1992) considered gold imports of gold or brought into Pakistan the In both cases no material source of investment nor material description of gold was seen. Whether or not it was imported into Pakistan or merely brought to Pakistan ??? The material fact was that in the context of assessing the total income of the Assisi, the acquisition of gold through Assisi was really relevant and as long as the Assisi's Do not offer. Reliable commentary on source investment, Article 13 of the Income Tax Ordinance was obliged to amend the provisions of the 1979 Duration / Import narrow requirement and, in the broad sense, the process of bringing gold to Pakistan. It appears that the Re-Import Act does not provide any protection to the Assessee, even in the context of imposing income tax on income of the Assisi from unknown sources.

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