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I.T.AS. NOS. 1698/KB TO 1702/KB OF 2003, DECIDED ON 13TH SEPTEMBER, 2005. versus I.T.AS. NOS. 1698/KB TO 1702/KB OF 2003, DECIDED ON 13TH SEPTEMBER, 2005.


Second Schedule, Part 1, CL (94) Companies Ordinance (XLVII of 1984), Section 26 Waivers Assessment Company was an Incorporated company whose insurance company status and various insurance to assist, assist, and protect the general welfare. Companies had developed. In Pakistan, the Assisi Company reiterated its claim that it had not been involved in any relief or general welfare purpose and was made different, for profit and loss, in the process of re-examining the immunity officer. Add-back from Account First Appellate Authority confirms treatment The whole legitimate purpose of the Essex Company was to support and protect the status, common interests and well-being of companies and bodies operating insurance business in Pakistan Company. And a research association to find ways and sources Can be best understood. For such and similar common interests, it was the association of expanding the business of its members b Interested competitors who were united in the common interest. It could not be in the form of public interest if the welfare of the member companies only. If there was only one purpose, it was neither a 'profit motive' nor a public welfare goal. The benefits of deducting membership fees and other contributions made to this association were obtained from their accounts and on the other hand they were claiming a waiver in the matter of association which was not for public welfare if any of these companies The charity was united for the party. For a hospital or an educational institution with a non-profit purpose, the matter should be decided in their favor.

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