Category: Case Law
Progoti General Insurance Co. Ltd Vs. Commissioner Of Taxes
Background of the Appeal: Here the petitioner has a business of General Insurance. In the assessment year 1990-1991 it was assessed on an estimate income of taka 1,98,18,176,.00 against the income return of taka 1,65,75,17,00.The Deputy Commissioner Of Taxes (DCT) also disallowed the Jamuna Levy on amount of taka 13,18,045.00 holding that it was not…
Bangladesh Power Development Board and others Vs. M/S Arab Contractors (BD) Limited and others
Background of the Appeal: On 30 March 2000, these two parties entered into a contract for the construction of a main building with some auxiliary structure (Lot-1) of the 210 MW Siddirganj Thermal Power Station Construction Project at Narayanganj. This contract contains an arbitration clause and mentions that the project was to be completed within…