Fourth Schedule, Rr 5 (a) and 5 (b) Fourth Schedule, the general insurance circle of the provisions of R5 (a) (b) of Rule 5 (a) of the Income Tax Ordinance, 1979, providing for expenses or allowances. Or provides for a reserve or any expenditure that does not deduct against the income earned from the business, and is specific to both the theoretical or substantive amounts that were written or made in the reservation. Credit was taken into account in connection with the loss or loss, or appreciation or benefit of the securities when the legislature issued a specific provision to deal with a particular situation. There was, then take the special situation could not summon the general provisions. Rule 5 (b) was specific in nature to deal with two types of situations. It appreciates and appreciates investors on investment recovery or completes depreciation or loss on receipt of profit.
Related judgments — Income Tax Appellate Tribunal Pakistan, 2010
