Hi Bill - The Regt was formed in Egypt in 1918 and disbanded in 1919. The cap and collars look identical and should be in silver or white metal. It was re-raised in 1941 before being disbanded again in 1943 - according to Ashok Nath's "Izzat" - the badge design in WW2 was very similar - and looking at the photos I would say your badge ( if genuine ) dates to the WW2 period - the crown is very slightly different to the WW1 version. There is a 44th Armoured Regt in the current Pakistan Army raised in 1981 - and although the badge pays "homage" to the war raised units badge its very clearly a Pakistan Army badge.
Tim
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