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I.T.AS. NOS. 228/LB TO 231/LB OF 2006, DECIDED ON 4TH JANUARY, 2007. versus I.T.AS. NOS. 228/LB TO 231/LB OF 2006, DECIDED ON 4TH JANUARY, 2007.


Section 12 (18) income is considered to be an increase or augmentation of Pakistan trade, apart from the SC, it was also claimed that the advance could not be paid on the basis of which the trade was recognized. That these payments were received by. The bank checks did not claim the creditor's creditor as a loan, gift or advance, the increase under section 12 (18) of the Income Tax Ordinance 1979 was blatant expression `Advance is isolated or isolated. Should not be taken in isolation, the purpose of this Act was to read the context in order to give context and understanding in the light of the objects and objects. Expression was to be explained in advance in the light of the words associated with it and not in isolation, as mentioned in section 12 (18) of the Income Tax Ordinance, 1979, `loan` and` gift 'with advance mention. , Which is clearly related to non-business financial matters, but in the case of assessment, the provisions of section 12 (18) of the Advanced Income Tax Ordinance, 1979 were exempted from business proceedings, the Income Tax Ordinance, 1979 No such advance was made by the misdeeds of section 12 (18); there was no justification for an additional order of the First Appellate Authority. Was empty and the addition under section 12 (18) of the Income Tax Ordinance 1979 was deleted by the appellate tribunal by r \ n \ r \ n

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