Financial transaction
Financial transaction legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Merger did not give rise to any financial transaction which became a taxable event and there was no cash payment involved in any manner
Amalgamation did not involve any sale or purchase and any surplus of value of shares issued by the amalgamated company over the value of one asset transferred did not result in any taxable gain.
"Financial transaction", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/124937149
Precedents & Case Laws citing "Financial transaction"
2015 S C M R 1694
HABIB BANK LIMITED — Petitioner Versus WRSM Trading Company L.L.C. and others — Respondents
Court: Supreme Court of Pakistan2019 P T D 1187
HUB POWER CO. LIMITED Versus COMMISSIONER INLAND REVENUE, ISLAMABAD
Court: Islamabad High Court2016 C L D 544
Shaikh AFTAB AHMAD — Petitioner Versus GOVERNMENT OF PAKISTAN through Secretary, Ministry of Law and Parliamentary Affairs, Islamabad — Respondent
Court: Federal Shariat Court2015 P T D (Trib
N/A
Court: Inland Revenue Appellate Tribunal2016 C L C Note 92
MOHAMMAD YOUNIS — Appellant Versus MOHAMMAD AFZAL — Respondent
Court: Lahore1992 PLC 622
KARACHI PIPE MILLS LIMITED Versus GOVERNMENT OF SINDH and 2 others
Court: Karachi High Court2013 C L D 1516
NASIRUDDIN SHAHAB — Petitioner Versus SUB-REGISTRAR-I and others — Respondents
Court: Sindh1985 S C M R 1585
PROVINCE OF BALUCHISTAN — Petitioner Versus Messrs SALEEM BROTHERS Respondent
Court: High Court1992 C L C 1668
KARACHI PIPE MILLS LIMITED‑‑‑Petitioner Versus GOVERNMENT OF SINDH and 2 others‑‑‑Respondents
Court: Karachi High Court2000 P T D (Trib
N/A
Court: Income-tax Appellate Tribunal Pakistan