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ZAKARIA H.A. SATTAR BILWANI versus INSPECTING ADDITIONAL COMMISSIONER OF WEALTH TAX, RANGE-II, KARACHI


Article 175 of the Wealth Tax Act 1963 (as incorporated in the Finance Act (VII of 1992)), Article 185 (3) of the Diagnostic Order, Section 17B of the Wealth Tax Act 1963 (as amended) Has been included (Finance Act (VII of 1992)), which was an order of magnitude of effect from 1988 to 1991, was inspected by the Additional Commissioner (Wealth Tax) under Section 17B of the Wealth Tax Act 1963. Was. The precedent raised by this review in Article 8 11 1993 was that since the provisions of Section 17B of the Wealth Tax Act, 1963 were enforced from 1 7 1992, the Commissioner improperly applied the said provisions. The sanction waiver was granted for appeal under the Supreme Court will consider whether Section 17B of the Wealth Tax Act 1963 is applicable or potentially applicable.

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