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MESSRS KABIR MEDICAL COLLEGE, PESHAWAR versus COMMISSIONER OF INCOME TAX, PESHAWAR


Second Schedule, CL (AAA) waiver is expressed in the `Compiled \ Income Tax Ordinance, 1979 1979 1979 to the total of the second schedule of assessment tests (86 86A), obtained from running medical and dental colleges. This includes an income earners association. The reference was that when the entities were established ses Assisi claimed that the entities were constituted before the target date ie June, 1995 as 1995, entitled to claim exemption. But on appeal, the Appellate Tribunal rejected such an opinion. , It was found that the building was leased by the Assisi before 6 6 1995 but there was no conclusive evidence that the institutions were established; The assets purchased at Rs 9,86,000 do not indicate that a kindergarten school can be set up as well and that the salary and wages claimed to be Rs 26,500 for a month's salary of staff. Was also not enough. The appellate tribunal, in the circumstances, rightly found that this investment was not sufficient to bring both entities in existence and that it was in connection with the recognition of the two entities through the Pakistan Medical and Dental Council. Correspondence with the target began before the target's date. ar \ nThis is not a condition

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