---Exemption---Principles---Person who acts on assurance of the right to exemption is exposed to unforeseen loss in business transactions by the sudden withdrawl of the exemption after he had made legal commitments and the same would be an inequitable and unjust action for him.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Inland Revenue Appellate Tribunal of Pakistan | 2012 | C.I.R., ZONE-II, R.T.O., MULTAN
Vs ALI RAZA INDUSTRIES (PVT.) LTD., MULTAN |
Income Tax--- |
Exemption---Principles |