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COMMISSIONER OF INCOME-TAX versus PICIC

Sections 10 (2) (iii) and 15bb interest could not be allocated between gross receipts from paid, earned, profitable income on the capital, which was exempt, and other income, which was not exempt. Sections 10 (2) (iii) and 15 bb total administration and other expenses and interest parks, which could not be allocated against dividend income, were exempt from taxation. patent advocate from Chak Jamal lawyer