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M.A. NO.406/LB OF 2003, DECIDED ON 16TH MARCH, 2004. versus M.A. NO.406/LB OF 2003, DECIDED ON 16TH MARCH, 2004.


Section 221 Income Tax Ordinance (1979), Sections 156, 23 (1) and 66 Application for Correction of Error Panel Interest Expenses The Appellate Tribunal paid this financial assistance to the financial institution through the incentive interest of. The final accounts were claimed by the company to be in violation of the terms of the outstanding loan payment and by Assessment as `` business expenditure as and hence allowed by the Assessing Officer, `` based on the business expenditure as The request for correction was not allowed that such order was clearly not in accordance with the order of the Supreme Court of Pakistan, thus it was wrong and it needs correction.

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