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COMMISSIONER OF INCOME TAX COMPANIES ZONE-I, LAHORE versus SIMNWA POLOY PROPYLENE PRODUCTS (PVT.) LTD.

Section 12 (18) The amount of share deposit shown in the books in a company's account and balance sheet to increase and decrease its paid-up capital to the Scope Joint Stock Company, which treats such money as debt. There was freedom, no intention to make mistakes. And the purpose of raising a company's capital can be to investigate the Assessing Officer, assess or examine the exact nature of the receipt in the books of accounts, or in addition to the entries made by Assisi in the books of accounts. There will be no question, no matter how much money has been paid. Since a stock share deposit in a capital asset or trade may or may not be equal to the debt, it is essentially the amount to be repaid with or without interest after a particular or indefinite period in which the shareholders The amount deposited was the appropriate share capital, and existing shareholders would not be required to issue share certificates before amending section 12 (8) of the Income Tax Ordinance 1979 through the Finance Act 1998, literally all other debt receivables. Matches or similar terms, the nature of the transaction or invoice have been excluded and no such increase is possible The amount of dog nor the defense had no means of taking care of it can be dismissed without recording track of the fact that the alleged deposit share was in reality. In business, as such, the company can be taken as a loan taken for the catering capital needs of the principals. inheritance advocates near Attock lawyer