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W.T.A. NO.72/LB OF 2005, DECIDED ON 9TH MAY, 2005. versus W.T.A. NO.72/LB OF 2005, DECIDED ON 9TH MAY, 2005.


Section 7 Capital Value Tax Recovery and Refund Rules, 1990, R8 (2) Wealth Tax Act (XV of 1963), Section 30 of the Transfer of Property Act (IV of 1882), CBR Circular No. 9 of 1997 , Dated 24 7 1997 CBR Circular 1992 No. 16, dated 1 7 1992 According to CBR Circular No. 5, 1996, 7 1996 1996 registration of taxation on the capital value of certain assets by registered date Purchase date of 5 3 1997 Capital Value Tax Amount Order passed. The legal inheritance of the property, which the appellate authority had previously deleted without validity, was claimed by the Assisi that the land was transferred in the name of the late Assisi through a registered document, the fulfillment of all terms of possession. The dispatcher was transported to Assisi late. As stated in the Transfer of Property Act, 1882, the terms of the valid transfer through the registered documents of presentation, acceptance, consideration and occupation were completed on 159 12 12 In 1973 the land was actually allotted to one. There was controversy over the Islamabad Affiliates Scheme and the land for which the Assamese had to file a case with the senior civil judge regarding the specific performance of the contract because Assassi died and all the people. Agreed with. Assisi's legal inheritance was required in connection with the final process for transfer of property The suit was declared in 1995 that the land had already been transferred in the name of the late Assisi and in this regard the sale process was only one The official action was Capital Value. Taxes did not apply when the land was originally transferred to Assisi late on 15, 1973

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