sponsored by the Government; (xxvi) any sum paid on account of annual membership subscription to a registered trade organisation within the meaning of the Trade Organisations Ordinance, 1961(XLV of 1961), or to a professional institution recognised by the Board in this behalf; (xxvii) any expenditure, not being in the nature of capital expenditure or personal expenses of the assessee, laid out or expended wholly and exclusively for the purpose of the business or profession of the assessee. (2) Where any premises, building, machinery, plant or furniture is not wholly used for the purposes of business or profession, any allowance or deduction admissible under this section shall be restricted to the fair proportional part of the amount which would be allowable if such premises, building, machinery, plant or furniture was wholly so used. Explanation.- For the purposes of this section, the expression “plant� includes ships, vehicles, books, scientific apparatus and surgical and other instruments or equipments used for the purpose of business or profession. Deduction not admissible in certain circumstances
30. Notwithstanding anything contained in section 29, no deduction on account of allowance from income from business or profession shall be admissible in respect of the following, namely:(a) any payment which is an income of the payee classifiable under the head “Salaries� if tax thereon has not been paid in accordance with provisions of Chapter VII; 150
[ (aa) any payment made by an assessee to any person if tax thereon has not been deducted and credited in accordance with the provisions of Chapter VII and !" # Ń? (value-added tax) thereon has not been collected or deducted and credited in accordance with the provisions of !" # Ń? i , 1991 (1991 22 i ),] (b) any payment by way of interest, salary, commission or remuneration made by a firm or an association of persons to any partner of the firm or any member of the association, as the case may be; (c) any payment by way of brokerage or commission made to a Income-tax Ordinance, 1984
Page 48