Explanation

Where recovery of tax has been stayed by the high court by an order, the validity of the interim order shall be for a period of six months unless the appeal is decided or such order is withdrawn .

Explanation

Time limitation for deciding a dispute refereed by board to alternate dispute resolution committee is 120 days of its appointment .

Explanation

Explanation

Explanation

The Board of Revenue is the Controlling authority in all matters connected with the administration of Revenue collection including land taxes, land revenue.

Explanation

The term revenue refers to the income obtained by a firm through the sale of goods at different prices.

Explanation

Pre-commencement expenditure shall be amortized on a straight-line basis at the rate of 20%.27-Mar-2019

Explanation

NADRA is required to provide and make arrangement for providing real time access of information to the Board

Explanation

A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

Explanation

A cess is a form of tax levied by the government on tax with specific purposes till the time the government gets enough money for that purpose.