Business Start-Up FAQs

What areas are of particular concern to make your business success in pakistan?

Effective Planning with Prompt and decisive leadership having clearcut goals are the keys to success in any business and the same is the case in Pakistan. Pinpointing exactly every area is difficult as businesses vary  due to business nature, business leader , business size, business morals and so on. The following key points should be kept in […]

Precedents Taxation

2006 P T D (Trib.) 2291 – Goodwill Assessed

 2006 P T D (Trib.) 2291  [Income-tax Appellate Tribunal Pakistan] Before Khawaja Farooq Saeed, Chairperson and Shaheen Iqbal, Accountant Member I.T.A. No.1640/KB of 2004, decided on 24th March, 2006. (a) Income Tax Ordinance (XXXI of 1979)— —-S. 27—Capital gain—Goodwill—Assessee was engaged in manufacturing and distribution of’ non-pharmaceutical skin and beauty-care product under the exclusive agency […]