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Briefly explain the taxability of the following against Business income as per provisions of income tax ordinance 1) Purchase of computer software 2) Purchase of
Briefly explain the taxability of the following against Business income as per provisions of income tax ordinance
1) Purchase of computer software
2) Purchase of computer hardware including printer, monitor, and allied items
3) Acquisition of plant and machinery, previously used in Pakistan
4) Acquisition of building
5) Purchase of vehicle plying for hire
Explain the taxability of each transaction type
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