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SHAH JEWANA TEXTILE MILLS LIMITED, LAHORE CANTT versus INCOME TAX APPELLATE TRIBUNAL OF PAKISTAN


Section 12 Wealth Tax Act (XV of 1963), Sections 23, 24 and 27 are assessed by financial tax under section 12 of the Finance Tax. The exclusion of the provisions of section 23 under the Appeal Act 23 of the Wealth Tax Act, 1963, in Sections 12 (9) (10) of the Finance Act 1991, 24 and 27 of the Wealth Tax Act, 1963, was complete and absolute. It cannot be read or processed for corporate tax purposes only. Because in the case of Wealth Tax, the Tribunal's order may be passed to the High Court by appeal or the responsibility of assigning and assigning the Wealth Tax Officer in the manner in which the Wealth Tax was received.

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