I.T.AS. NOS. 2225/KB, 1115/KB OF 1996-97, 702/KB, 703/KB OF 1997-98 AND 1062/KB versus I.T.AS. NOS. 2225/KB, 1115/KB OF 1996-97, 702/KB, 703/KB OF 1997-98 AND 1062/KB
Depending on the provisions of Sections 22 and 23 of the Income Tax Ordinance, income or loss of business or business income should be calculated independently of the income or loss of different businesses in the approval of the proportional expenditure regulation. In 1979, the leasing of assets was a property business, after the receipt of the lease rent as revenue and the payment of allowances and deductions made under section 23 of the Income Tax Ordinance, 1979, its income was also counted. ? Section 23 of the Income Tax Ordinance, 1979, allowances and expenses directly related to receiving lease / rental income were allowed and where there were certain expenses which were eligible under section 23 of the Income Tax Ordinance 1979. Different activities of the Assesee should be proportionately allowed against each of its activities for the purpose of earning income and for the purpose of collecting income under section 23 of the Income Tax Ordinance 1979, under section 22 of the Income Tax Ordinance, 1979 All the provisions of the law applicable to an evaluator in respect of each business activity were to be considered and deducted.
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
