I.T.A. NO.552/LB OF 2002, DECIDED ON 10TH FEBRUARY, 2004. versus I.T.A. NO.552/LB OF 2002, DECIDED ON 10TH FEBRUARY, 2004.
Section 27 (2) (a) (ii) (ii), 22 and Third Schedule, R 7 Capital Gain was taxed on capital gain arising from the sale of shares of the Association of Persons because of the order of the Business Income Insurance Officer. Was emptied by the first. Assessment of appellate authority's accuracy sold 10% of its shares in the Association of Persons, and it was profitable, which was clearly a capital gain, and according to this, Assisi's capital investment was not subject to any depreciation allowance. Nor was it formed. Real estate and, therefore, was not within the scope of (i) and (ii) of sub-sections (2) of section 27 of the Income Tax Ordinance, the first appellate authority order vacated by the 1979 Appellate Tribunal. Tons of misdiagnosis and the order of the Assessing Officer were not maintained as the Assessing Officer had
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