I.T.A. NO. 320/KB OF 1991-92, DECIDED ON 24TH DECEMBER, 1992. versus I.T.A. NO. 320/KB OF 1991-92, DECIDED ON 24TH DECEMBER, 1992.
Income Tax Ordinance 1979 Second Schedule CL (199), Sections 14 and 35 Damages, were forwarded when the income of a business unit is exempted under the second schedule of Income Tax Ordinance 1979, the loss thereafter Cannot be forwarded for adjustment in years. When income is taxable after the expiration of the period given in the other schedule waiver
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