Where any amount is credited in a person’s books of bills or a character has made any investment or is the owner of any money or has incurred expenditure or has concealed earnings and the individual presents no clarification about such amount, investment, money, expenditure or income or the clarification is now not satisfactory, such amount or the cost of such investment, money, expenditure or profits is added to the person’s profits chargeable to tax. However, the said provision by taxconsultancy.pk is no longer applicable to any amount of overseas trade which is no longer exceeding Rs10 million in a…
Author: James Carter
James Carter
James Carter is a renowned American jazz saxophonist, born on January 3, 1969, in Detroit, Michigan. He grew up in a family of musicians, with his father being a saxophonist and his mother a classical clarinetist. Carter started playing the saxophone at the age of 11 and quickly developed a deep passion for jazz music.