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C.I.T., ISLAMABAD versus O.G.D.C. (PVT.) LTD., ISLAMABAD


The Fifth Schedule, Part 1, R3 Rules for the Calculation of Profit and Regulation on the Search and Production of Petroleum Reduction Allowance, which did not own this asset, i.e. did not give the oil or gas reserves that were not the property. Go. State taxpayers' assets consist of fixed assets, machinery and equipment in respect of which they are legally entitled to depreciation, in addition to their depreciation allowance for deprecated assets, entitling the taxpayer to the removal of the asset. Was just a relative. Due to lack of oil or gas reserves to the state or the public, the taxpayers did not suffer any loss of their assets, the matter was decided by the Appellate Tribunal's larger bench in favor of the department, which was treated by the Appellate Tribunal Department. The department was maintained by r \ n

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