Profession
Profession legal meaning, translation and judicial precedents.
Meaning & Judicial Interpretation: (اردو مفہوم اور قانونی تشریح)
Meaning.
Meaning.
Income from profession-Advocate appearing in criminal trial on condition moneys were paid for a charitable trust to be created by him-Moneys received-Trust created-Moneys whether taxable in hands of assessee-Rule of overriding obligation
Whether applies-[Commissioner of Income-tax v. Thakar Das Bhargava (1953) 24 I. T. R. 275 reversed].
Expenditure incurred wholly and exclusively for purposes of profession-Surgeon-Expenses for tour abroad to study latest technique in surgery.
"Profession", Pakistan Law Portal, available at: https://paklawportal.com/words-terms-maxims/38816
Precedents & Case Laws citing "Profession"
1995 P T D 242
COMMISSIONER OF INCOME-TAX Versus LALLUBHAI NAGARDAS AND SONS
Court: 204 I T R 931996 P T D 591
COMMISSIONER OF INCOME TAX Versus BHAGWAN BROKER AGENCY
Court: 212 I T R 133P L D 1999 Lahore 244
SIEMEN PAKISTAN ENGINEERING COMPANY LIMITED‑‑‑Petitioner Versus THE PROVINCE OF PUNJAB through Secretary, Revenue Department, Government of Punjab, Provincial Secretariat, Lahore and 2 others‑‑‑Respondents
Court: ‑‑‑‑S. 3 & Second Sched., Entry No. l as substituted by Punjab Finance Act (IX of 1997)‑‑‑Professions Limitation Act (XX of 1941); Preamble‑‑‑Levy of tax on professions, trades, callings and employments ‑‑‑Principles‑‑‑Taxable event in tax leviable on professions, trades, callings and employments is the factum of being in the trade, profession, calling and employment, rate of taxation must, therefore, necessarily be relatable to that event and not to the income earned by a person‑‑‑Second Sched., Entry No. 1, Punjab Finance Act of 1977, therefore, would not purport to levy tax. on the basis of income‑tax paid by a company‑‑?Tax on professions, trades, callings and employments beyond the limit of Rs.50 as fixed by Professions Limitation Act, 1941 was declared to be illegal and without lawful authority.2001 P T D 3622
COMMISSIONER OF INCOME‑TAX Versus INTERNATIONAL CLEARING AND SHIPPING AGENCY
Court: 241 I T R 1721997 P T D 1354
COMMISSIONER OF INCOME-TAX Versus PRAKASH NARAIN
Court: 213 ITR 182P L D 1958 (W
MEHTAB JAN and another‑Petitioners Versus MUNICIPAL COMMITTEE RAWALPINDI‑Respondent
Court:2001 C L C 148
through Chief Executive‑‑‑Petitioner Versus PROVINCE OF SINDH through
Court: Karachi1999 P T D 1070
SIEMEN PAKISTAN ENGINEERING COMPANY LIMITED Versus THE PROVINCE OF PUNJAB through Secretary, Revenue Department, Government of Punjab, Provincial Secretariat, Lahore and 2 others
Court: Lahore High Court1973 P T D 232
DR. P. VADAMALAYAN Versus COMMISSIONER OF INCOME‑TAX, MADRAS
Court: Madras (India)P L D 2019 Lahore 429
Dr. RIAZ QADEER KHAN — Petitioner Versus PRESIDING OFFICER, DISTRICT CONSUMER COURT, SARGODHA and others — Respondents.
Court: High Court