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I.T.A. NO.4828/LB OF 2002, DECIDED ON 4TH OCTOBER, 2004. versus I.T.A. NO.4828/LB OF 2002, DECIDED ON 4TH OCTOBER, 2004.


Section 134, Fourth Schedule, R5 (c) General Clause Act (XX of 1897), Section 8 (2) Insurance Ordinance (NXXX of 2000), advancement of additional additional administrative expenses 1938 in which the incoming arrangements are banned to some extent by the new Insurance Ordinance, 2000, the costs were canceled and it was stated that the new insurance ordinance did not impose any such restrictions, General Clauses Act 1897 As per Section 8 (2) of the K, reference is made to R5 (c) of the fourth Schedule of Income Tax. Ordinance, 1979, from 2001 to 2001, shall be deemed to be Insurance Ordinance 2000, since there is no saving without section 26 (2) of the Insurance Act 1938, R5 (c), as amended in the newly implemented Insurance Ordinance 2000. Is. The fourth schedule of Income Tax Ordinance in 1979 was not applicable for the year under review, the increase under R5 (c) of the 4th Schedule of Income Tax Ordinance 1979 was not sustained which was ordered to be removed.

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