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10/1994 I.T.C M/S.Cotton Export Coproation of Pakistan (Applicant) V/S Commissioner of Income Tax (Respondent)

Sindh High CourtTax Law2023

Bench: Hon'ble Chief Justice Mr. Justice Muhammad Junaid Ghaffar(Author), Hon'ble Justice Ms. Sana Akram Minhas

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10/1994 I.T.C M/S.Cotton Export Coproation of Pakistan (Applicant) V/S Commissioner of Income Tax (Respondent) Sindh High Court

Bench: Hon'ble Chief Justice Mr. Justice Muhammad Junaid Ghaffar(Author), Hon'ble Justice Ms. Sana Akram Minhas Order Date: 28-SEP-23

Subsidy paid by the Government for offsetting losses incurred by Cotton Export Corporation is income; hence, taxable.

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