MESSRS PAKISTAN REFINERY LTD. versus COMMISSIONER OF INCOME TAX, COMPANIES-V KARACHI
Receiving tax on dividend income under Section 30 of Section 2 (11), 22, 30 and 80 D of the Company's Dividend Income Tax Ordinance, 1979, besides the turnover tax received under Section 80 D. Dividend income was also under it. Section 80D of the Ordinance, 1979 Accuracy assessee did not initially claim dividend income as part of his income from the business such as Assessment of such income as section 2 (11) of the Income Tax Ordinance, 1979. Was not part of his business income as described under the provisions of Section 80D. Ordinance 1979 1979 Other provisions shall be read in conjunction with other sources along with its other clauses regarding the entirety of the Dividend Income Scheme obtained by Assisi from other sources expressly covered by S / 30 of the Ordinance. Was done, so it cannot be categorized as such. Their earnings from the business were rejected by the High Court in this regard \ r \ n \ r \ n
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