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Second Schedule, CL (176) Exemption Electricity Generating Plant Interest Interest income was a business income as a result of the work of the same project and for the purpose of earning revenue from such sources. No additional attempt was made. The strict interpretation of the accuracy of the scrap of the Second Schedule (176) of the Income Tax Ordinance 1979, left no doubt that interest income could be the revenue of a company's electricity generating project. Electricity generating project added for operational purposes. It was a completely separate and independent source for which the charge was made in section 30 of the Income Tax Ordinance 1979 and consequently was not uniformly exempt, even if under certain circumstances such income. Can also be termed as business income, so under the second schedule CL (176) of the Income Tax Ordinance 1979 (176), the power generating project may still not be income and is charged with interest income. There was no doubt, and he had no idea. Appeal rejected in this case \ r. n online advocate from Hafizabad lawyer