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INDUS BASIN & CO. versus COMMISSIONER OF INCOME-TAX

Income Tax Ordinance 1979 Section 23 (1) (v), 136 (1), RR (1) (2) (3) (3A), 2, Tables I, II, IIA, 6, 7 (B) (i) (ii), 5 (Factory) and the third schedule sale of Factory Building Depreciation Allowance Assessment declared the purchase price of the building to be the original price and after the reduction the accumulated cost was reduced and the original price The excess of the proceeds from such and such sales was declared as capital gains, which was exempt from the income tax, the estimating officer exempted the sale proceeds in excess of the written value of the assets. Because of this year's income Soul is imposed by the First Appellate Authority and the Tribunal provided that the Assessment Officer was treated at the point that deportation was allowed on the building and only three types of buildings were specified for the rate of depreciation, however in all three categories. The building retained its original feature of being tribunal, while creating distinctions, Rai added. In the T2 of the Third Schedule of Income Tax Ordinance 1979, the minor with the express building used in R2, which used the word building in its broadest sense, consists of three types of buildings appearing in the serial. ? Various asset categories under the specific heading from the first to the second, third, and third to the third schedules of IIA did not affect the elimination of any asset class beyond the main heading parameters of the asset evaluation officer. Applying 7. b) The third schedule of views expressed sales revenue as the overall sales consideration, ignoring the fact that the law lawer from fb area from Feroz Watan lawyer