W.T.A. NO.14/IB OF 2004, DECIDED ON 16TH MARCH, 2004. versus W.T.A. NO.14/IB OF 2004, DECIDED ON 16TH MARCH, 2004.
Section 7 Income Tax Ordinance (1979), the first appellate authority that directs the appraising officer to provide capital value tax credit against the demand for wealth tax and capital value tax according to the provisions of the law. In the process of revaluation, the Assessing Officer advised that payment was the final exclusion of capital value tax liability and no credit could be allowed, in the circumstances it was concluded that the capital value tax year. 1997 wealth 98 was not adjusted against property demand and the credit commissioner Wealth Tax (A) allowed Done. However, the reviewer's argument was accepted that the first appellate authority had ordered that capital value tax be allowed through it, and that the directing officer should allow the reviewer's capital value tax accuracy tax. Be allowed because capital value tax was not applicable as there was no tax payable in the period before 1 7 1997, the first order was directed to allow the Commissioner of Wealth Tax (A) after the verification of law Adjustment of tax in accordance with the provisions of the credit of Capital Value Tax to the Commissioner in the absence of fulfillment of these conditions Granted give permission to appeal was not justified and has been restored by treatment asaysng Officer \ r \ n
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