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W.T.AS. NOS.1372/LB AND 1373/LB OF 2000, DECIDED ON 12TH JUNE. 2002. versus W.T.AS. NOS.1372/LB AND 1373/LB OF 2000, DECIDED ON 12TH JUNE. 2002.

Wealth Tax Act 1963 Second Schedule, Part I, CL (8A) Exemption Foreign currency account cash was used to pay cash loans that were originally used to purchase shares from such shares. Asset Tax Exemption Claimed Foreign Currency Account Income was not allowed on the basis that cash was used only to pay off debt and the existing debt payment amount to constitute the asset. No, legality discounts money or assets, depending on the assets created by the withdrawal of the currency. The shares were not bought directly through foreign currency, they were converted into rupees, and then cash was paid to pay off the debt used to buy the shares when the foreign currency was converted into rupees. When the assets were made, neither when the unpaid rupees were paid, the first schedule of the Second Schedule of the Wealth Tax Act, 1963, for payment of debt for the purchase of shares, was made by KCL (8A). The supply will also adapt. 5 5 1998 Run forex assets made after 1998 but assets were created through the purchase of shares prior to the foreign currency account disclosure since the shares had already been purchased, although on loan, loan repayment. Liabilities can be reduced by the imagination of the asset creation no amount of assets were created when the shares were purchased and no payment was made to pay the debt through forex insurance Because of the assets created as a result of forex disclosure. when you need a advocate from Chaghi lawyer