COMISSIONER OF INCOME TAX versus HABIB SUGAR MILLS
Section 18A Finance Act (XXX of 1976), Schedule 1, Part III [as amended by the Finance (Amendment) Ordinance (11 of 1978)] Income Tax Ordinance (XXXI of 1979), paid under section 183 No payment of Income Tax already, but only credit to the Central Government, which can be used and adjusted to the extent necessary after the final tax liability has been realized / fulfill the Income Tax obligation. This amount is retained in the books of account payable for the corresponding assessment year ly retained earnings can be classified as as and head Justification for the purposes of imposing a petition to assysy company working on the retained earnings to meet capital requirements can be declared valid.
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
🔍 Find a Lawyer
law websites from Shangla lawyer