COMMISSIONER OF INCOME TAX, CENTRAL ZONE `B\', KARACHI versus MESSRS MAY & BAKERS LIMITED, KARACHI
The first schedule, Part III, paragraph A and Section 10 tax liability amounts are covered by the consideration \ Income which is retained for investment purposes or to meet working capital requirements \ Is used in paragraph III of Part III. Must be excluded from total income to schedule and charge the Income Tax Ordinance, 1979
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