I.T.AS. NOS.5138/LB TO 5149 OF 2004; DECIDED ON 30TH NOVEMBER, 2005. versus I.T.AS. NOS.5138/LB TO 5149 OF 2004; DECIDED ON 30TH NOVEMBER, 2005.
Addition of perceived revenue advancement business advances pursuant to Article 12 (18) of CBR Circular No. 3 1992, dated 27 1 1992 - on the basis that advances received by the parties are not through cross-check - validation of business Advancement used in section 12 (18) of the Business Development and Expression \ Income Tax Ordinance 1979 means that the non-business advance expression / advance means the separation of or non-business advance expression by legislation in section 12 (18) of the Income Tax Ordinance 1979. Should not be separated. This way they were separated from the text, but it was to be read together and understood in light of the purpose and purpose of the provisions of the law read Loans and gifts were related to non-business transactions, therefore, the expression \ advance \ The nature of the non-business financial transactions involved was also a forward-looking business development and was not affected by the evil of section 12 (18) of the Income Tax Ordinance, 1979. The ordinance was supposed to examine the fictitious transaction, but the tax official did not observe that there was a fraudulent trade in advance which would result in an income accounting for the calculation of annual income and double appetite for risk enhancement. Was excluded by the tribunal. Be without justification \ r \ n
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