Find a Lawyer

I. T. AS. NOS. 2209/LB, 2462/LB, 2257/LB OF 1997, 955/LB OF 1996, 4816/LB OF 2001 versus I. T. AS. NOS. 2209/LB, 2462/LB, 2257/LB OF 1997, 955/LB OF 1996, 4816/LB OF 2001

Section 80 CC and Eighth Schedule, Part II Taxes 1% Accuracy Estimates on Some Exporters' Income Yarn Exports was a yarn manufacturer covered under Income Tax Ordinance, Part VII of 1979, Part II of 1979 Which was argued by the department. This yarn was not a manufactured product. Surprisingly, the yarn is a final product of raw material, which may be raw cotton or such 1% tax was not reasonable and the appellate tribunal directed that 075% under section 80CC. Rate must be applied. Income Tax Ordinance, 1979 property advocate from Sikandarabad lawyer