COMMISSIONER OF INCOME TAX/WEALTH TAX versus AKHTAR MUNIR AND OTHERS
Second Schedule, Part IV, CL (6F) [as entered into the Finance Act (III of 1998, 1998 through 1 7 1998]] and Section 13 Income Tax Ordinance (XLIX of 2001), Section 111 Exemption Extra Waiver 1 7 will be effective from 1998. In the purchase of any asset through a government auction, there was an exception to the investigation of the amount made up to 16 1999, read with section 111 under section 13, Income Tax Ordinance, 1979. The tax ordinance could have been made from the year 2001 to the review year 1998 to 1999 to 2000 2001. The entire investment by the reviewers was made before the target date of 16th.
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