COMMISSIONER INLAND REVENUE ZONE-II, REGIONAL TAX OFFICE, MULTAN versus MRS. AMBREEN FAWAD CO. PAK ARAB FERTILIZERS LIMITED, MULTAN
Second Schedule Part I, CL (??B) and Section 5050 source Income Tax Ordinance, 2001 Exemption subject to profit on source of tax at a rate based on the second schedule total (103B) ? Such a waiver of the taxpayer's jurisdiction meant that Part I of the Second Schedule to the Income Tax Ordinance (103B), which was introduced in 2010, was implemented in the tax year 2008. Therefore, the taxpayer was not obliged to levy tax on the payment of dividends for the tax year, the tax status of the Income Tax Ordinance 2001, the taxation section on the profit, and the other section of the (103B) Ordinance. Part I of the Schedule introduced only conditional immunity in the year 2010, which did not resolve or treat any delinquency or misdirection in the law, and, on the contrary, provided for the first time a tax exemption that did not exist in the year 2008. On arrival, the labeling stated that Part I (103B) of the Second Schedule of Income Tax Ordinance 2001, therefore, was misunderstood and had no disappointing effect. I was and therefore it was not an application. Accordingly, the reference to the tax year 2008 was answered
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