Sections 67, 28 (1A), 6 and 7 Income Tax Rules, 2002, R13 (3) (a) Deduction of dividends, capital expenditures on shares of capital expenditure and profit on lease payments The purchase was faced with the problem that the acquisition of the shares came from the borrower's funds, as this reviewer had a lack of funds available to facilitate the purchase of capital assets and to conduct business operations. Yes, so why not allow for financial expense claims? The proportion of investment in shares since the cash earned from operating activities was much lower than the amount guaranteed for the use of debt-based interest for investment activities, and there was no denying that this review achieved I had invested. Of long-term debt and long-term debt out-of-stock, and Assisi could not provide any evidence in terms of cash. In addition to borrowing on the date and amount, the book and bank statement showing the presence of the money were presented for investment in the shares. Assisi contends that the taxation officer has denied the exchange loss claim on the forex debt, and that the asset has used such forex debt to expand the business. By acquiring a capital asset, when the same foreign currency loans were considered to be invested in shares and the markup of that debt was reduced, and conflicts of interest expense and such debt exchange Losses and other loans acquired for business purposes that are beyond any other. It is doubtful that the reduction in financing will be without any delay
Related judgments — Income Tax Appellate Tribunal Pakistan, 2010
