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 Income
Tax Ordinance, 2001 |
| Investment in Shares |
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| SECTION : 28 Sub-Section
(1) Clause (a), (b) & (c) |
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| The substitution of the words means
that the assessee shall be allowed deduction of these
expenses if the purpose of the activity is for the business.
Previously it was necessary that the activity should have
been done for the purpose of deriving income chargeable
to tax. |
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© 2006, All Rights Reserved, RASG |
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Mr. Gohar Manzoor
