I.T.A. NO. 5495/LB OF 2002, DECIDED ON 8TH MAY, 2006. versus I.T.A. NO. 5495/LB OF 2002, DECIDED ON 8TH MAY, 2006.
Sections 12 (18), 27 (2) (a) (ii) (b), 56 and 61 are considered to be collected or generated on the return of Pakistan as provided in section 27 (2) (a) (K). NIL) is exempt from business income and capital assets. ii) (b) Income Tax Ordinance, 1979, which was gifted by Assessee's husband, was filed in response to a notice under Sections 56 and 61 Income Tax Ordinance, 1979 the husband's affidavit of the asset A claim for exemption was also filed under section 12 (18) of the Income Tax Ordinance, which was not received by the banking channel and in addition, the legitimate purpose of section 12 (18) of the Income Tax Ordinance 1979 was made. Because it was rejected, the forged transaction and Section 12 (18) of the Income Tax Ordinance 1979 did not apply to the valuable transaction The donor, the asset's husband filed an affidavit It was tykssn Officer or the Appellate Authority did not cast doubt on the contents of the affidavit. No donation by the donor was available under section 12 (18) of the Income Tax Ordinance; the 1979 Appellate Authority order as well as the one approved by the Taxation Officer under section 62 of the Income Tax Ordinance 1979 was vacated. And the addition was added under section 12 (18) of the Income Tax Ordinance 1979 by the appellate tribunal.
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