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I.T.A. NO.2086/LB OF 2002, DECIDED ON 21ST AUGUST, 2004. versus I.T.A. NO.2086/LB OF 2002, DECIDED ON 21ST AUGUST, 2004.

Sections 23 (1) (VII), 34, 62 and 134 appealed against the receipt of the total receipt department objecting to the Commissioner's Income Tax (A) order under which financial expenses as compared to total receipts. Assisi was a private limited company. For the year under appeal for income from income, lift services, supply of security services and maintenance of premises, the Assessment Officer has finalized under section 62 of the Income Tax Ordinance, receipts accepted in 1979 as Commissioner Income Tax. (A) directed financially to allow expenditures against gross receipts because financial expenses were incurred solely for business purposes and should not be deducted from other business expenses, resulting in loss of revenue. Should receive in the order of No interference with appeal from a business or business-imposed order is guaranteed property advocate from Ghari Dupatta lawyer