PRIME COMMERCIAL BANK LIMITED, LAHORE versus COMMISSIONER INLAND REVENUE, L.T.U., LAHORE
Sections 13 (7), 21 (k), 67 and 150 Allowable Expenses / Deduction Scope Assessment, Accumulation costs of bank aids made on new branches of the bank where the buildings were not owned, were in nature and allowable deductions. Advertising and advertising costs were dismissed on the basis that the Commissioner of Appeals (Appeal) correctly dismissed the increase with the observation that these expenses were not sustainable in nature, which were paid to the Security and Exchange Commission of Pakistan. Going, there was no alliance with these increases. The bank and the department's share capital had made a factual inquiry and misused the Commission's law order (appeal), excluding the addition, confirming that the department had allowed a 10 percent drawback and The Commissioner (Appeals) rejected the Commissioner's Additional Order (Appeals) The correct interpretation of the law was confirmed by Appellate Tribe, in the absence of any weakness in the Commissioner's (Appeal) order. It cannot be considered an illegal matter nor the name given to a transaction. If it is given the name of the provider, the department cannot order taxpayers to run a business.
