— Section 130(3) of the Income Tax Ordinance, 2001, does not provide any restrictions or conditions relating to character verification during the probationary period of a judicial member of the Appellate Tribunal. [PLR 2024 Lahore 4 = 2023 LHC 5587 = PLD 2024 Lahore 54]

— S. 151 — Profit on debt — National Savings Scheme — Scope — Directorate of National Savings is controlled by the Federal Government and it has established centers throughout the country — The certificates are issued by the saving centers and a fixed rate of return is payable to the account holder upon its maturity — The function of the National Saving Centers is confined to the issuance of certificates, informing the public regarding the schemes launched by the Directorate, payment of income/profit to the holders of the certificates and to facilitate the account holders — The centers do not invest the funds received from the account holders nor are they engaged in any business or activity which may have the effect of raising or generating income — The funds collected by the centers are invested by the Directorate of National Savings — For the purposes of the Income Tax Ordinance, 2001, the income is deemed to have arisen or accrued in Pakistan — Clause (a) of sub-section (1) of S. 151 of the Ordinance, inter alia, provides that where a person pays yield on an account, deposit or a certificate under the National Savings Scheme or Post Office Savings Account, then it becomes a mandatory statutory obligation of the payers of the profit to deduct tax at the rate specified in Part III of the First Schedule from the gross amount of the yield or the profit paid to the recipient. [2023 SCLR 66 = 2023 SCMR 2100 = 2023 SCP 256]