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I. T. A. NO. 180/KB OF 2004, DECIDED ON 29TH JULY, 2004. versus I. T. A. NO. 180/KB OF 2004, DECIDED ON 29TH JULY, 2004.

Section 14 and Second Schedule, CL (176) Under the Second Schedule to the Income Tax Ordinance 1979, the claim for exemption of income from the power plant levied by the Assisi four years prior to the review year. 176 was exempt. The income earned from generating electricity, the interest paid by the gas company on security deposits, was also claimed by the reviewer as an exception, claiming that it was comprehensive business income. And was unable to tax only the profits and profits derived from it. Electric power generation could be exempted from total income and any other income, from any accrued interest, income tax ordinance, Sections 176 of the 1979 Schedule were not covered under the provisions of section 176, interest income is not a claim for joint income. That it should have been deleted, was not in the language of the law as listed in 176 and cannot be accepted property advocates from Talhur lawyer