Find a Lawyer

SHEIKH SAADAT ALI versus FEDERATION OF PAKISTAN

Section 50 (2) and Second Schedule, Part I, C1 (78E) Constitution of Pakistan (1973), Article 199 Constitutional Application Changes in Foreign Currency Account, Withholding Tax Deduction Exemption Applicant has given his foreign currency account Surrounded and deposited in the savings scheme. The investment and profit received from this scheme was re-appraised by the applicant that the applicant's complaint was that the money and profit received from the reinvestment was paid as per total (78E). Withholding tax is exempt in the event of a waiver. Second Schedule of Income-tax Ordinance, 1979 Part I was exempt under the KCI (E 78E). 1979, Withholding tax, there may not be an investment term in the purchase of a cash infusion and the purchase of a savings certificate. Such re-investment as a foreign currency account change did not fall within the scope of Part I of the Second Schedule (78E) of the Income Tax Ordinance, 1979, under which the application was dismissed. ask a advocate free from Chak Jamal lawyer