INCOME TAX REFERENCE NO. 4108/KB OF 186-87, DECIDED ON 11TH APRIL, 1989. versus INCOME TAX REFERENCE NO. 4108/KB OF 186-87, DECIDED ON 11TH APRIL, 1989.
Second Schedule, CL (119) Income Tax Act (XI of 1922) Section 15b The exclusion of interest income legislation has greatly limited the scope of profit and profit under which the second schedule of the ordinance. , Total (119) can be claimed for exemption, on the basis of income, profits and profits derived from tax holiday under section 15BB of the Act, 1979, tax holiday under section 15BB of the Act. Scope (119) cannot be served to extend the provisions of the Second Schedule. Regarding the Ordinance, 1979 interest-related income because such receipts are not derived from the profits and gains of the industrial acquisition obtained through the preparation process.
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