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W.T.AS. NOS. 32/LB TO 34/LB OF 2002 versus W.T.AS. NOS. 32/LB TO 34/LB OF 2002


Section 2 (1) (5) (ii) Income Tax Ordinance (XXXX of 1979), Sections 19, 22 and 30 of the West Pakistan Civilian Rent Ordinance (VI of 1959), Section 2 (8) of the Transfer Property Act (IV) of 1882), Section 105 Exits Act (V of 1882), Sections 52 and 62 Assigning tying \ or \ Leasing business \ ens licensing \ The Department found that the Assisi Company had relinquished its immovable property and its assets. He was charged with tax evasion on terms of section 2 (1) (5) (II) of the Wealth Tax Act, 1963. Assisi claimed that the company is operating a licensing business and is not responsible for collecting wealth taxes in connection with its instability. Property activities such as control and administration by the Assamese Company, etc. were actually a sub or subordinate to the main activity of the outlet of various shops and stall holders inside the building; Identify out-of-property activity in addressing this question, designate minimum payment or sales for a certain percentage, vendors or stall holders occupy the space allotted to them and as far as their business activity is concerned. Until then they have exclusively owned rights. He said that the goods were sold at fixed prices by his salesmen at the place and he was responsible for paying these taxes for heirs business such as income tax etc. The Assisi Company did not take part in the losses or profits of the said vendors and stall holders and justified the review business because the licensing business was merely ridiculous even though the Essex Company was not receiving a fixed amount.

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