NCCPL means ___________.
Inspector Inland Revenue / All — Multiple-choice practice
- A. Nuclear Clearing Company of Pakistan Limited
- B. National Clearing Corporation of Pakistan Limited
- C. National Customs Company of Pakistan Limited
- D. National Clearing Company of Pakistan Limited
Correct answer
National Clearing Company of Pakistan Limited
Explanation
Explanation National Clearing Company of Pakistan Limited , which collects capital gains tax on shares, has determined the value of shares for CGT based on this formula in accordance with Section 37a of ITO 2001.
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