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I.T.A. NO.723(KB) OF 1978-59, DECIDED ON 27TH FEBRUARY, 197 versus I.T.A. NO.723(KB) OF 1978-59, DECIDED ON 27TH FEBRUARY, 197


Part III [as amended by the Finance (Amendment) Ordinance (II of 1978)] Company surcharge maintained while calculating the working capital charge, the deductible tax (both income tax and super tax) had to be deducted. The tax payment is equal to the meeting need not eliminate the need for working capital, while according to the surcharge, according to Ordinance II of the Assessing Officer of 1978, excluding tax from gross income while receiving additional tax Will be.

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