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I.T.AS. NOS. 194, 195 AND 196/KB OF 2004, DECIDED ON 23RD JUNE, 2005. versus I.T.AS. NOS. 194, 195 AND 196/KB OF 2004, DECIDED ON 23RD JUNE, 2005.

Section 122 Income Tax Ordinance (XXXI 1979), Second Schedule, Part I, CL (86) Evaluation Modification Exemption interest income was Nil's exempt income because the profit on the profit and loss account estimation officer's investment was also Such profits are taxed. The First Appellate Authority set aside the De novo Examination Review on the merits of the request that the association's officer assign the Nail Inspector Additional Commissioner to the assessment of section 122, as the entire income of an educational institution was exempt. Was opened under the notice of. The Income Tax Ordinance, 2001, was taxed on the basis of prejudice to tax and tax interest and the profit of such bank account was transferred to the trust income for charitable or religious purposes under the Total Schedule (93). Income tax was exempt Income Tax Ordinance, 1979, and income from voluntary contributions to charitable or religious institutions were exempt, income from other sources, including MPT, interest income under CL 94 of Schedule II of the Income Tax Ordinance, 1979 However, this would not be exempt, if it was considered that if exemption clauses were not attracted, it was income from other sources. Even though the investment was made in the Schedule Bank, the discount on interest income received from the Scheduled Bank will be applicable from 2003 to 2003 as there was no prior effect of the revised supply before the Appellate Authority's order was canceled and inspected. The additional commissioner was administered by the appellate tribunal solicitors from Narang Mandi lawyer