Tag: 53 DLR(2001)
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…