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I.T.AS. NOS.2789/LB, 4491/LB AND 5269/LB OF 1999, DECIDED ON 28TH JULY, 2004. versus I.T.AS. NOS.2789/LB, 4491/LB AND 5269/LB OF 1999, DECIDED ON 28TH JULY, 2004.

Section 2 (29), 23 (1) (viii) (xviii) and 134 deductions by the Commissioner to remove the adback made by the Assessing Officer on payment of in-service charges through Commissioner Income Tax. Appeal in respect of which was suspended in the Order Due to the use of the Federal Bank's credit line, the bank said that the Department of Estimates also found that the amount received by DCIT was derived from the sale of several defaulters' real estate in debt. Who had fought against the expulsion. It was emphasized that the amount under consideration was not just the amount expenditure, but was part of the revenue generated by the ACCC from its member banks and the Federal Bank's share in such income was `service charges' of interest. Were like that. Section 2 (29) of the Income Tax Ordinance, 1979, if so, the appointment of Section 23 (l) (viii) of the Service Charge Income Tax Ordinance 1979 would be deemed to be a valid expense but could potentially cause trouble. But Section 23 (1) (XVIII) of the Ordinance appeared to save the life of the emaciated diagnostics because it appears that the payment was made solely and exclusively for the purpose of doing business so payment of service charges was made. There is no justification for calling it invalid. In regards to the technical aspects of the settlement of the defaulters' immovable property by regulation, the matter of the Assisi was less than convinced that at any stage of the proceedings no evidence was presented by the Assisi. To prove that a real effort was made. Settlement of properties by auction at a fixed time famous high court advocate from Wazirabad lawyer