INDUS JUTE MILLS LTD. THROUGH CHIEF EXECUTIVE versus FEDERATION OF PAKISTAN THROUGH SECRETARY FINANCE, ISLAMABAD
Regarding persons other than companies under Section 235 and Income Tax Ordinance 2001 treated in Sections 235 and 169, it is dramatically different that the minimum tax is levied on the basis of electricity bill, which is an expenditure. There is, and is especially valid there a direct nexus between consumption energy, and economic activity that results in income generation or the ability to earn and pay. Does not detract from the compulsory nature of the tax. As the income of the assessee is taxed on certain assets which were not companies, other assumptions envisaged by this ordinance were subject to tax regimes, under which, the collection of these tax obligations under the Income Tax Ordinance 2001 The obligation was completely excluded, whereby the receipts imposed under the provisions contained in it are considered final tax, and therefore, the assets cannot be deducted under Section 235 of the Ordinance. In this regard, the justification reviewed was based on the issue of whether the Assissee should base the issue on the basis of which assessment relates to the particular ruling tax system of the Ordinance mentioned in the Ordinance. Section 696969 in and, therefore, the ultimate existence was the obligation to disclose such information and its absence in the present case with the help of verifiable material was clear. In such cases, receipts made under section 235 of the Ordinance with respect to companies other than that would be best exceeded in the area of double taxation and there was no constitutional guarantee against double taxation. , Nor the legislation
Related judgments — Lahore High Court Lahore, 2009
