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COMMISSIONER OF INCOME TAX versus PAKISTAN STATE OIL LTD.

Sections 50 (5) and 80C were contracted by the Federal Government to a foreign supplier on the import of petroleum liquid products by a public limited company (Pakistan State Oil Limited), which the Federal Government Company had made on such imports. Refused to be responsible for paying tax. Under section 80C of the Income Tax Ordinance, 1979, the company claims that it is not going to import such products, but the letter of credit has been opened in the name of the Federal Government Accreditation Company's handling agent. And the admission bill was paid and the documents were retired. The provisions of Section 80C of the Income Tax Ordinance, 1979 shall apply to the person who imported the goods, filed the entry of entry and customs on such entry bill of section 80C of the Income Tax Ordinance 1979. The person on duty paid will apply. Section Account Amount was calculated to collect tax under section 50 (5), which can be deducted in the case of importation of goods and not in the case of any person, the ALF imports were allegedly held. : Neither the company nor the federal government imports such products, so the principles were obliged to pay income tax. immigration advocates contact from Noshki lawyer