I.T.AS. NOS.124/KB AND 198/KB OF 2003, DECIDED ON 24TH FEBRUARY, 2004. versus I.T.AS. NOS.124/KB AND 198/KB OF 2003, DECIDED ON 24TH FEBRUARY, 2004.
Fourth Schedule, R 5 (a) and 6 A General Insurance Provisions for exemption in capital gains from the sale of shares and deductions at source from the interest and profit accrued from the Profit and Loss Account. Unacceptable deductions are not allowed under As a 5 (a) of the Fourth Schedule of the Income Tax Ordinance 1979, such an increase is also confirmed by the Appellate Authority for the payment and delivery of tax liens in respect of interest and profit income tax. The tribunal did.
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