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MST. ZARINA YOUSAF versus INSPECTING ADDITIONAL COMMISSIONER OF INCOME TAX/WEALTH TAX, SIALKOT

Section 16 (3), 17 b & sec Schedule Total 7 (i) (ii) Circular No. 8/42 WT / 84 of the Central Board of Revenue, dated 30 6 1995, the wife-owned house in her husband's non Purchased from domestic remittances, excluding sales tax, claim for the current reviewer's validity case was not subject to section 7 (i) of the Schedule Tax Act, 1990, except when exempted. The relationship did not belong to an Assamese, but rather to the assets brought by them. Receipts in Pakistan or abroad, in accordance with the second schedule, Total 7 (II) of the Wealth Tax Act, 1963, shall be entitled to an exemption when the delivery of an asset is outside the remittances received. Or brought to Pakistan by ordinary banking channels does not have to be verified under Section 7 (II) of the Second Schedule to be a recipient of foreign remittances, adding any assessee for such waiver personally. Defeats its purpose The purpose of such a waiver was to encourage people to bring in foreigners. Exchangers who were currently evaluating banking channels through exchange were allowed exemptions under the circumstances. Principle r \ n \ r \ n ask a advocate free from Noshki lawyer