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I.T.A. NO. 744/KB OF 1997-98, DECIDED ON 26TH OCTOBER, 2002. versus I.T.A. NO. 744/KB OF 1997-98, DECIDED ON 26TH OCTOBER, 2002.

Income Tax Ordinance 1979 First Schedule, Parts V, and IV, Parab (2), Sections 2 (16) (31) and 47 Finance Ordinance (XIV of 1983), CBR Circular No. 7 1983 Dated 12 6 1983 Tax Rate The rate of trust for companies was 46% on the income of the trust applicable to any company other than the tax ie banking companies and government companies. Income Tax Ordinance 1979 its 2 (16) company means the formation of someone under a trust defining the Central Board of Revenue, defining the total (BB) of section 2 (16) of the Income Tax Ordinance, 1979. Under the law enforcing law, Circular No 7 of 1983 dated 12 6 1983 states that the tax rate applicable to such trusts shall be. Just like a public company case. An amendment was made in section 2 (31) of the Income Tax Ordinance 1979 to implement the Central Board of Revenue in which such a trust was incorporated into a government company and further amendments were made on Monday. Subparagraph (2) of the Act was substituted into IV of the Income Tax Ordinance, 1979, in which the trust was included in the definition of a public company, and formed by or under any law. Whether or not all trusts are recognized for the purposes of section 47 of the Income Tax Ordinance 1979. The Appellate Tribunal had to apply the tax rate applicable to public companies and public companies, in the present case, that the tax could be levied at the rates applicable to public companies. attorney vs advocate vs counsel from Malakand lawyer