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COMMISSIONER OF WEALTH TAX, RAWALPINDI versus MRS. NAHEED MUJTABA


Section 14C, 13D and 27 (1) Interpretation of Section 14C of the Wealth Tax Act, 1963 The tax on the possession of certain immovable assets, the liability of the final final tax, the question before the High Court was whether What can be treated as a tax under Section 14C? Advance tax only; While the tax paid under section 14C was to pay the minimum tax on immovable assets, section 14C (2) of the Wealth Tax Act 1963 can be divided into two parts. Excluding the word and literal meaning of the first section, it must be taxed under section 14C (1) of the Act, before it will receive advance tax in accordance with sections 13A and 13D of the Wealth Tax Act 1963. Under section 14C (2) of section 14C (2) of the Wealth Tax Act, 1963, there will be a minimum amount of tax payable that provides a method of payment of tax under section 14C (1) of the Act, which according to section Only submission was necessary. 13d (2) of the Wealth Tax Act, 1963, the second part of section 14c (2) of the Wealth Tax Act, 1963, contains the phrase of final tax liability, which shall be fixed on this net wealth for any financial year. What was to be done under which tax was taxable. The Wealth Tax Act, 1963, advanced tax, was paid under section 14C (1), which, if it was higher, had to be adjusted against the final tax liability. However, if the final tax liability was lower than the tax imposed under section 14C (1) of the Wealth Tax Act, 1963 The tax imposed was then a minimum tax liability, and no refunds were allowed on taxes that paid more than the final tax liability. Was a non-existent provision but only the second part of the tax on real estate included in it.

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