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I.T.A. NO. 4100/LB OF 2002, DECIDED ON 16TH SEPTEMBER, 2005. versus I.T.A. NO. 4100/LB OF 2002, DECIDED ON 16TH SEPTEMBER, 2005.


Section 12 (8) Corporate Asset Taxes In the context of corporate asset tax due to confusion in the taxpayers' mind as a result of several circulars issued by the Appellate Authority's Central Board of Revenue Order Can't be done. The exclusionary tax was legally justified and no exception was granted to the order.

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