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I.T.AS. NOS. 4359 AND 4360/LB OF 2002, DECIDED ON 25TH MAY, 2005 versus I.T.AS. NOS. 4359 AND 4360/LB OF 2002, DECIDED ON 25TH MAY, 2005


Section 22, & 86 and (50 ()) of the Finance Act (of 1998 of the III), Assissee's prior liability for tax deduction or failure to pay, asserted that the first appellate authority filed the Income Tax Ordinance 1979 Had not considered the amendments made in section 50 (4) of the IPC. Through the Finance Act 1998, which included proviso and specifications, the amendment was applied from the assessment year 1999 to 2000, while the tax was collected under section 52/86 of the Income Tax Ordinance 1979, which was assessed year 1996 97 97 and 1997 Appeal Tribunal for 98 98 was exempted from taxing by the Assisting Officer under section 52/86 of the Income Tax Ordinance, 1979

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