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LAFARGE PAKISTAN CEMENT LTD., ISLAMABAD versus C.I.R., L.T.U., ISLAMABAD


Sections 70, 69, 25, 18 (1) (d), 120, 122 (5) and 122 (9) Recovery Expenses Tax Year 2005 Income Receipts Initial Expenses Income tax return, Annexure IIB, IIB and IIC interest Exempt taxpayers said that income from business under Income Tax Ordinance 2001 and section 25 of this company business Income from business ? The taxpayer claimed to have received interest rebate and tax deduction under the head. Such a reversal was already reported for claiming payment of costs beginning for the first time in the tax year 2007, following the expense of accruing costs in the years following the start of production. I had to convert to money in the years to come, but interest deductions meant that no such expenses were incurred. If no expenses were raised, they would not have to be made in cash. The expenses were booked into accounts. But later it was terminated due to waiver, the business started in the tax year 2007 and the business started in the tax year 2007. Was deducted, when no income was received and income tax was deducted, interest deduction was covered by business income; when business income had not started, the department had taxed the expenditure. If such income was to be taxed, the business expenses could not be denied on the request that the taxpayers did not claim the expenses. The taxpayer did not claim the expenses because of which the business was a business. Had not started and production had started, when business had begun and production had begun If revenue already

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