2017 PLP 1171 (PTD)
COMMISSIONER OF INCOME TAX Versus Messrs KING PIN INVESTMENT LTD.
| Citation | 2017 PLP 1171 (PTD) |
| Forum / Court | Sindh High Court |
| Bench Members | Aqeel Ahmed Abbasi and Abdul Maalik Gaddi, JJ |
| Parties | COMMISSIONER OF INCOME TAX Versus Messrs KING PIN INVESTMENT LTD. |
| Primary Law | Income Tax Ordinance (XXXI of 1979) |
Q1: What are the key laws and sections cited in 2017 PLP 1171 (PTD)?
This judgment primarily cites: Income Tax Ordinance (XXXI of 1979) as referenced in Pakistani case law index.
Q2: Which judicial bench decided the case 2017 PLP 1171 (PTD)?
The case was heard and decided by the Sindh High Court bench comprising: Aqeel Ahmed Abbasi and Abdul Maalik Gaddi, JJ.
Q3: What is the official citation format for this judgment on Pakistan Law Portal?
Cite this legal precedent as: 2017 PLP 1171 (PTD) (COMMISSIONER OF INCOME TAX Versus Messrs KING PIN INVESTMENT LTD.). Read the full summary and cross-referenced laws free on Pakistan Law Portal.
Laws Cited
Representation
- Jawaid Farooqui for Appellant.
- Arshad Siraj for Respondent.
Headnotes / Summary
Ss. 12(5), 80-AA & 133
Reimbursement expenses
Independent experts and consultants
Receipts towards services of independent engineers and other consultants was treated as taxable under S. 12(5) read with S. 80-AA, of Income Tax Ordinance, 1979
Commissioner (Appeals) and Income Tax Appellate Tribunal after having taken into consideration the entire evidence and material produced by taxpayer in such regard had rightly held that disputed amount was paid towards reimbursement expenses incurred by taxpayer and the same did not have characteristics of income, hence could not be taxed by invoking provisions of Ss. 12(5) & 80-AA of Income Tax Ordinance, 1979
No error or illegality in concurrent findings on facts as recorded by Income Tax Appellate Tribunal were on record which otherwise depicted correct legal position and did not require any interference
Reference was dismissed in circumstances.