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I.T.A. NO.1374/LB OF 2000, DECIDED ON 28TH AUGUST, 2004 versus I.T.A. NO.1374/LB OF 2000, DECIDED ON 28TH AUGUST, 2004

Section (?? ()), C80C and Second Schedule, CL (?88D) sources deduct tax deduction on the sale of equipment as well as the sale of land, tax deduction for such transactions in section C80C Constitutes the complete and final exclusion of tax liabilities. Income Tax Ordinance, 1979 The valid terms of section 50 (4) of the Income Tax Ordinance, 1979 were not attracted by the sale of fixed plant and machinery sold as part of the land, building and factory, withholding Tax payment was applicable. It was illegal to extend the word supply only to the supply of goods that were not part of the factory but to the sale of immovable property illegally supplying section 50 (4) of the Income Tax Ordinance 1979 Under the misconception that the sale of machinery which is defined as the supply of goods and the sale of machinery cannot be assessed by the Assessment Officer. A separate block of income under section 80C of the Income Tax Ordinance 1979 registration advocate from Kumbh lawyer