SUI SOUTHERN GAS COMPANY LTD., KARACHI versus ACIR-E, AIT (LTU), KARACHI
Section 2 (f) (vi) and 4 Income Tax Ordinance (XLEX of 2001), Section 221 Industrial Establishment Labor Workers / Welfare Fund was deleted by the First Appellate Authority Revenue that the taxpayer was an 'Industrial Establishment' and Similarly, the Welfare Fund Ordinance, read with section 2121 of the Welfare Fund / Income Tax Ordinance 2001 in the sense of section 4 of the workers' charge / labor, was in accordance with the law of 1979 and the order passed by the Assessing Officer should be reinstated. The actor claimed that the public was limited. The company is based in Pakistan and listed on the stock exchanges, 60 43 43% of the company's shares were owned by the government. And it was governed by the emissions provided in Section 2 (f) of the Workers' Welfare Fund Ordinance, 1971, the supply of emissions shows that the Industrial Establishment will not include any concern or establishment that is owned ( i) Government. (ii) through a government-owned corporation; (iii) the majority of the shares owned by the corporation owned by the government. And in view of the fact that 60-60 per cent of the shares were owned by the government and thus the taxpayer fell not only for the first time, that is, through the government, but also by the corporation in the third category. Of these, the government owned idity because the taxpayer was a government-owned corporation and most of the shares, ie 60% to 43%, were owned by the government, this fact was recognized by the permanent account for a period under consideration. Was, in addition to acquiring immunity in terms of section 2 (f) (vi) of a corporation established by the Government (Corporation Welfare Fund Ordinance, 1971)
