I.T.A. NO.264/KB OF 2003, DECIDED ON 3RD APRIL, 2004. versus I.T.A. NO.264/KB OF 2003, DECIDED ON 3RD APRIL, 2004.
Section 52/86, 50 (7B) and 24C Income Tax Ordinance 1979, the first appellate authority on the basis of rent not receiving rent under section 50 (7B), liability of persons who failed to reduce the tax increase or failed to pay. Confirmation of Durability The default treatment of this system under Section 52 of the Income Tax Ordinance, 1979 and consequent additional taxation under section 86 of the Income Tax Ordinance 1979 were also confirmed. Under section 50 (7B) of the Income Tax Ordinance, 1979, the association is being treated for payment to certain tenants without finding out the facts and the payment is not more than Rs 100,000.
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