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KURRAM WOOD FACTORY (PVT.) LTD. versus COMMISSIONER OF INCOME TAX

Appeals from Sections 25 (c), 135 and 136 of the High Court were later recovered in connection with the deductions, followed by failure to pay the business liability within three years; the appellant's assertion that he had heard Filed a return in 1980. And since he did not do any business in the assessment years between 1990 and 91 and 1991 92, he filed an income tax return for the assessment year 1992 1992 and declared it a loss, but rejected it. went. It was added under clause (c) of section 25 of the Income Tax Ordinance, 1979. The Assisi had alleged that their extradition request was not accepted and their appeal was also rejected by the Appellate Tribunal's validity provisions of Section 25 (c) of the Revenue. The Tax Ordinance, 1979, did not provide any conditions for conducting business or any other means during the first three years. The only condition for declaring a business liability or share thereof as income was that such liabilities were paid in the first three years. Not paid, regardless of the fact. Whether or not the business was done during that time, the business or profession in which the allowance or deduction was made was to be considered as whether any trust had been made by the Assisi in this year, the law for that purpose. Sconce was not allowed to do so before. Take advantage of a business or profession and then be responsible. In this case it was a privilege to pay the dues within three years. On the other hand, the relevant authority was given the privilege to declare it as income for any year after the first three years have passed. Year, depending on the circumstances of each case best law firm from Kalaswala lawyer