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Appellate Tribunal Inland Revenue 2002 Income Tax Ordinance (XXXI OF 1979)

2002 PTD 794

Exemption / Subject to conditions
Shaukat Amin, F.C.A.
Appellant
VS
Muhammad Asif; D.R.
Respondent

Case Laws / Head Notes / Paras

--- Ss. 156, 14(1) & Second Sched ., cl. (129) --- C.B.R Circular No.20, dated  8-10-1998 --- Rectification application --- Calculation of export rebate --- Inclusion of wealth tax for determining the total income for purpose of calculation of export rebate --- wealth tax paid could only be added for the purposes of determining the tax rates--- Export rebate was to be calculated after reducing wealth tax from the total income --- Mistake having been committed --- Application for rectification was maintainable and should have been accepted.