FIRST WOMEN BANK LIMITED THROUGH HEAD OF FINANCE PLANNING & OPERATION, KARACHI versus COMMISSIONER OF INCOME TAX, LEGAL DIVISION, KARACHI
Section 80D Income Tax Ordinance (XLEX of 2001), section 113 banking company, incorporated under the Companies Ordinance, 1984, operating under the license issued by the State Bank of Pakistan Turnover Tax, Income Tax Ordinance The scope of the introduction of Section 80D in 1979 was not merely an increase in the scope of the Income Tax Ordinance, adding section 80D (2) of 1979 to the exports of lawmakers of the country, in fact explaining some things of the term business. Removed any doubts that might have been included in the definition, there is a discrepancy between section 80D do not have. Income Tax Ordinance 1979 and Section 113 of the Income Tax Ordinance, Section 80D of the Income Tax Ordinance 1979, began with the unambiguous clause that if no tax was payable or any tax was payable, they would be represented. Less than half of the money was his business, from all sources, then the company would have to pay tax which is called turnover tax, which would be half of his business money. Business means gross receipts. In addition to the discounts on gigs, invoices or bills, such a company provided services by providing or supplying services. R was provided by banking companies were smaller and smaller in relation to the sums charged to the customers of their customers. Under such circumstances, the company was responsible for paying turnover tax
Related judgments — Karachi High Court Sindh, 2010
