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I.T.AS. NOS. 1356/IB versus I.T.AS. NOS. 1356/IB


Section 12 (9A) Protection of Economic Reforms Act (XII of 1992), CBR Circular No. 26 of 1994, advance power policy of 1999, date 30, 1999 to generate or generate small income generating in Pakistan Is considered to be It fails to appreciate that the company's reserves do not receive anything other than the actual profit and gains from its electricity generating project, as the company's profits and its electricity generating plans Taxation was exempt from taxation, the first appeal authority should have been eliminated was to increase exploitation rather than increase, it was true that there was a reduction in income for power generation but that did not mean Under the Income considered, the provisions relating to the charge should also be removed under Section 12 (9A) of the Income Tax Ordinance 1979. Of a completely different situation and a common shareholder came out to save only income generating power was exempt. Tea and other sources were the taxable languages of the power policy; it was not stated in 1994 that income from all sources I will not be exempt nor does it suspend the Income Tax Ordinance 1979 while taxing plants that generate electricity from such sources. Power generation itself may be derived from electricity generation, but such reserves can be applied under Article 12 (9A) of the Income Tax Ordinance 1979 as the matter was set aside so as to be binding on the Assuming Officer. Because the Central Board of Revenue Directive may help the reviewer more than the Appellate Tribunal \ r \ n \ r \ n

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