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---Tax on income of certain contractors and importers---Fiction of law---Legality of---Provision of subsection (1) of S.80C of the Income Tax Ordinance, 1979 revealed that it creates a fiction of law by stating that whether any amount referred to in subsection (2) of S.80C of the Income Tax Ordinance, 1979 was received by or accrued or arose or was due to accrue or arose to any person, the whole of such amount shall be deemed to be income of the said person and tax thereon shall be charged at the rate specified in the First Schedule---Despite the fact that ordinarily the imported goods or value thereof could not be considered as income of a tax payer but the legislature had power to create a fiction thereby treating some transaction as income notwithstanding its meaning or understanding in...
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