Watermark
Appellate Tribunal Inland Revenue 2012 Words and phrases---

2012 PTD 507

deposit
Messrs HUB POWER COMPANY LTD., ISLAMABAD
Appellant
VS
COMMISSIONER INLAND REVENUE (AUDIT), ZONE-III, LTU, ISLAMABAD
Respondent

Case Laws / Head Notes / Paras

---'Term deposit---Definition---Term deposit is the popular name used for a savings product throughout the world by both consumers and business to store cash for the future---Term deposits are also known as Certificates of Deposit and Fixed Deposits in some other countries.

(Check the mistake)