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I.T.AS. NOS. 3498/LB TO 3501/LB OF 2001, DECIDED ON 11TH DECEMBER, 2001. versus I.T.AS. NOS. 3498/LB TO 3501/LB OF 2001, DECIDED ON 11TH DECEMBER, 2001.


Income Tax Ordinance 1979 Section 66A and Second Schedule Part I, Cls (118C) and (118H) CBR Letter C No. 1 (84) DTP II / 94, Dated 22 8 1998 Companies Ordinance (LVIII of 1984) , Additional Commissioner of Inspection of Section 33 Powers Inspection Additional Commissioner's inspection permitting the reviewer to grant waiver was canceled by the Additional Commissioner inspecting that the company / All the assets of the asset holder were owned and controlled by the capital company. As a result, the Company / Assisi's Industrial Parts were not handled exclusively by Assisi because the Holding Company provided various services for pricing sharing arrangements for which the Assisi Company paid the Holding Company. ? Provision of law provided that the companies formed to initiate the manufacturing process should not be held by a holding company or be its customers / directors hold similar positions in any other company operating in Pakistan. Formation of a new machinery company, unused in Pakistan, may be owned by another company or employed by a sister staff, the use of electricity in a joint operation with another company or owner. , Which were not exempt, were not restricted to the requirements of the Second Schedule Total (118C). That is, it was primarily intended to be a company for one purpose and that the machinery installed in it should not have been used for that purpose or otherwise. If, in Pakistan, it has adopted the idea of the Additional Commissioner inspecting another objective

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