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THE COMMISSIONER OF INCOME-TAX, WEST ZONE, KARACHI versus HABIB DOST MUHAMMAD

Section 2 (e) Banks Nationalization Act (XIX of 1974), Sections 6 and 7 promise to pay the share price in the national banks an inch and an unpaid right compensation is not an asset that is not an asset to some of the two banking companies. The owners of the shares of the money, which were later transferred to the Government under the Banks (Nationalization) Act, 1974, were made as a property assessing the value of shares like Nile in return filed under this Value Tax Act. The officer who treated the amount of such shares was reviewed. The Income Tax Appellate Tribunal, in the Assisi Appeal Court, knowing that the Assisi no longer owns such shares, has treated the Government's promise that it will pay compensation as an unacceptable right and Highly quoted this asset amount from this asset. The court held against this decision, even though there was a provision for payment of shares of the Assisi under section 6 of the Nationalization Act of 1974, but Sink ask a advocate free from Ubaro lawyer