I. T. AS. NOS. 2785/LB TO 2787/LB OF 2001, DECIDED ON 26TH MAY, 2003. versus I. T. AS. NOS. 2785/LB TO 2787/LB OF 2001, DECIDED ON 26TH MAY, 2003.
Sections 80D, 2 (16), 54, 56, 63 and Second Schedule, Part I, CL (88), Part IV, CL (23) CBR Circular No. 10, 1996 16 10 1996 Lahore Development Authority Act (XXX) 1975), sections 4 (2), 6, 19, 27 and 28 general clauses act (X of 1897), section 3 (28) ordinance of companies (XLVII of 1984), section 2 (4) specific persons Minimum Taxes on the Income Tax Department obtained income from revenue or less by estimating the charge of levying a minimum tax on the sale of the Lahore Development Authority while formulating the ex parte assessment under section 63 of the Income Tax Ordinance, 1979. Failed to clarify the nature of the business activity to occur. Income was alleged to have been running a business through the Development Authority before or by any means and without first deciding whether any tax was payable, income which is less than 5 Was charged. The business proceeded directly to collect the tax ??? section 80D provisions of the Income Tax Ordinance 1979, in which the proceedings of the Department were not maintained in law even as the nature of the turnover was adopted by the department. Under, the orders of both powers were not vacated by the Appellate Tribunal.
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