BEFORE MUHAMMAD DAUD KHAN, ACCOUNTANT MEMBER AND MUHAMMAD TAUQIR AFZAL, JUDICIAL MEMBER versus BEFORE MUHAMMAD DAUD KHAN, ACCOUNTANT MEMBER AND MUHAMMAD TAUQIR AFZAL, JUDICIAL MEMBER
Income Tax Ordinance 1979 Section 66 and Additional Commissioner's Inspection Options Deputy Commissioner's Revision Payments made to Competitive Market Purpose To Increase Expenditures for Three Years By Inspection Additional Expenses were increased under Section 66A of the Income Tax Ordinance 1979, by the Commissioner, the legitimate payment estimator, to obtain a market free of competition for specific years and consequently good There were no expenses to ensure profits and the proper establishment of this business. Expenses could not be deducted when there was no durable asset in the nature of capital, as the income tax law had no concept of payment of expenses, the order of the Inspector Additional Commissioner was vacated by the tribunal.
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