C.I.R. (LEGAL), R.T.O., RAWALPINDI versus MOINSONS (PVT.) LTD., RAWALPINDI
Section 153 (1) (c), 153 (6), 115 (4), 234A, 235 and 236 Payment of goods, services and contracts The final exclusion of applicable tax liabilities is deducted under Sections 235 and 236. Refusal to give tax credit Income Tax Ordinance, 2001 Taxpayers claimed that the refusal of adjustment, demand arising after payment of tax cash, which was applicable was not sustainable. In the present case, it was That if the value of the contract exceeds Rs 30 million, the tax will be 6% on the total payment and in any case section 153 of section 153 of the Income Tax Ordinance, 2001 (1) Under clause (c), 5% of the total payment was made by the Assisting Officer for receipt of the closing contract. The taxpayer was responsible for paying tax deductions in excess of Rs 30 million on receipts of the contract, however, taxpayers would be given tax credit under Sections 235 and 236 of the Income Tax Ordinance 2001 and Even with the cash payment, he said the department's appeal was partially accepted and taxpayers were directed to submit tax.
