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Consultancy expenses

Consultancy expenses legal meaning, translation and judicial precedents.

Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)

2014 PTD 935 INLAND REVENUE APPELLATE TRIBUNAL OF PAKISTAN Judicial Precedent
Ss.24 & 25Consultancy expensesAmortization ofConsultancy expenses (feasibility study) were amortized by the assessing officer as cost of intangible asset

In the case of any conflict among IAS-38 of S.24 or S.25 of the Income Tax Ordinance, 2001, the statutory provisions would prevail upon

Advantage of benefit of such expense beyond one year had not been denied by the taxpayer at any stage

Treatment meted out by the two officers below did not call for any interference and the addition was maintained by the Appellate Tribunal.

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Precedents & Case Laws citing "Consultancy expenses"

PTD 2014
I.T.A. No.74/KB of 2010, and 84, 178, 179 of 2011 decided on 2nd December, 2013.

2014 P T D 935

C.I.R. (LD), L.T.U., Karachi Versus Messrs PAKISTAN REFINERY LIMITED

Court: Inland Revenue Appellate Tribunal
CLD 2022
2022-June-6

2022 C L D 1382

SAIF POWER LIMITED — Petitioner Versus FEDERATION OF PAKISTAN and others — Respondents

Court: Islamabad
CLC 2007
2007-June-20

2007 C L C 1499

Messrs SARWAT ALI & SONS — Applicant Versus GENERAL MANAGER T&T, W.T.R. QUETTA and another — Respondents

Court: Karachi
PTD 1963
Income‑tax Reference No. 37 of 1959, decided on 25th September 1961.

1963 P T D 730

S. D. SHARMA Versus COMMISSIONER OF INCOME‑TAX, BOMBAY

Court: Maharashtra India
PTD 1992
Income Tax Reference No.70 of 1984, decided on 19th January, 1992.

1992 P T D 636

GLAXO GROUP LIMITED Versus COMMISSIONER OF INCOME TAX, CENTRAL ZONE 'B', KARACHI

Court: Karachi High Court
CLC 1989
Suit No.269 of 1987, decided on 3rd August, 1988.

1989 C L C 386

SANAD ASSOCIATES Plaintiff Versus GENERAL MANAGER, TELEPHONE AND

Court: Karachi
MLD 1999
1999-March-3

1999 M L D 2953

K. F. DEVELOPMENT CORPORATION LTD. — Plaintiff Versus Messrs DAWOOD COTTON MILLS LTD. — Defendant

Court: Karachi
SCMR 1978
Civil Review Petition No. 24-R of 1975, decided on 31st January 1978.

1978 S C M R 192

BASHIR AHMAD-Petitioner Versus Mst. REHANA-Respondent

Court: -- Ss. 17 & 25-Minor-Custody-Husband divorcing wife, wife contracting another marriage, and minor girl left to custody of her maternal grand parents-Held: Father responsible under law for maintenance and education of minor-Fact of all expenses for maintenance and education of minor being borne by father-Dose not by itself entitle father to custody of minor before she attains puberty-Maternal grand parents of minor being well to do people and definitely able to look after her properly, cast, held, not one where custody of minor entrusted to a party not having necessary capacity to look after minor.-Custody of minor Maintenance.
PTD 2017
I.T.R.A. No.162 of 2007, decided on 31st August, 2016.

2017 P T D 1171

COMMISSIONER OF INCOME TAX Versus Messrs KING PIN INVESTMENT LTD.

Court: Sindh High Court
PTD 2001
I.T.As. Nos. 2919/LB and 2921/LB of 1999, decided on 17th February, 2001.

2001 P T D (Trib

N/A

Court: Income-tax Appellate Tribunal Pakistan